Sign In
Free Newsletter
SpaceX trading to kick off after record IPO, with hopes for first-day surge
SpaceX begins trading on Nasdaq after a record $75 billion IPO, marking the largest U.S. debut and valuing the company at $1.77 trillion.
Oil drops as Trump cancels planned strikes against Iran
Oil prices dropped sharply after U.S. President Donald Trump canceled planned strikes on Iran, easing tensions in the Middle East.
BlackRock seeks to buy at least $5B in SpaceX IPO shares, WSJ reports
BlackRock seeks to purchase at least $5 billion of shares in SpaceX's planned IPO, which could raise about $75 billion at a $1.8 trillion valuation.
OpenAI expects to go public ‘within the next year,’ the Information reports
OpenAI expects to go public within the next year after confidentially filing for a U.S. IPO, targeting a valuation up to $1 trillion.
Oil prices rise after Trump says Iran must pay price
Oil prices rose after U.S. President Donald Trump warned Iran must pay a price following U.S.-Iran military exchanges and a sharp drawdown in U.S. crude inventories.
US wholesale inventories increase for third straight month in April
U.S. wholesale inventories increased 0.6% in April, marking the third straight month of growth amid supply concerns linked to the U.S.-Iran conflict.
OpenAI files for US IPO after Anthropic as AI giants head to public markets
OpenAI confidentially filed for a U.S. IPO targeting up to a $1 trillion valuation amid growing competition from Anthropic and SpaceX in the AI sector.
Amazon, Corning sign multibillion-dollar deal to boost fiber optics manufacturing in US
Amazon and Corning signed a multi-billion-dollar deal to expand fiber optics manufacturing and create 1,000 jobs at Corning's North Carolina facilities.
Oil prices pares gains after Iran announces end to attacks on Israel
Oil prices eased after Iran announced an end to attacks on Israel, despite warnings of harsher strikes if Israel continues in Lebanon. Brent crude rose to $94.52.
SpaceX lands Google AI compute deal after Anthropic pact ahead of IPO
SpaceX has signed a multi-year $920 million cloud services deal with Google to provide AI compute capacity as it prepares for its IPO.
Anthropic urges AI labs to pause development, warns humans risk losing control
Anthropic calls for a coordinated pause in AI development to manage risks of recursive self-improvement and loss of human control.
Oil prices fall on mounting hopes for de-escalation in US-Iran War
Oil prices fell as traders gained confidence that renewed conflict between the U.S. and Iran was less likely amid ongoing peace talks and regional tensions.
