TheBitCast

Vir Biotechnology Falls on $150M Offering • SpaceX AI Unit Cuts Grok Imagine Roles • Goolsbee Warns Inflation Not Cooling | Business and Finance News

Podcast: Business News Today | 2 Min News | The Daily News Now! · The Daily News Now!

Opublikowano: 2026-11-13

Vir Biotechnology shares fell 15% in premarket trading after the company priced a $150 million stock offering at $10 per share, SpaceX’s AI division cut about 60 roles from its Grok Imagine video tool team as it prioritized coding tools, and Chicago Fed President Austan Goolsbee said inflation is not on a path back to 2% and the Fed has more work to do. ⸻ Stories & Sources Vir Biotechnology stock tumbles on $150M share offering https://findsource.ai/s/1ib2s Musk’s AI group lays off 60 staffers from Grok video unit, The Information reports htt...