Industry

NASA weighs using private firms to extend Hubble\'s life

NASA is considering using the capabilities of private space companies to extend the life of the Hubble Space Telescope, which has observed space for more than 30 years. The agency is seeking options to move Hubble to a higher orbit as atmospheric drag gradually lowers its altitude. NASA has issued a request for information covering orbit raising, servicing and performance upgrades, and plans for safe re-entry or disposal after the mission ends. Responses are due by Nov. 30.

Crypto

Wall Street sees crypto-linked stocks as buying opportunity after Binance hack

Major Wall Street brokerages say there is no reason to leave the crypto market after the Binance hack and are pitching battered crypto-linked stocks as a buying opportunity. Cantor Fitzgerald, TD Cowen and Compass Point say the roughly $6.3 billion breach is unlikely to break the broader recovery. They cite rapid industry action to freeze stolen funds and Binance’s ability to cover losses. Moody’s Ratings took a more cautious view, highlighting cyber risks and uncertainty over final losses.