SpaceX Sets $135 Share Price For Record-Breaking IPO
The company intends to sell about 555.6 million shares, resulting in a proposed fundraising of roughly $75 billion
Business
Why Is Morgan Stanley Opening Its Platforms To AI Tools
AI agents will be able to retrieve data and insights directly from the firm's ShareWorks and Equity Edge platforms, reducing reliance on traditional user interfaces designed for humans.
Analysts Warn SpaceX May Be Overvalued Ahead Of Nasdaq Debut
The Elon Musk-led company is reportedly targeting a $75 billion fundraising and a valuation of $1.75 trillion
U.S. Targets Iranian Cryptocurrency Firms In Latest Sanctions Move
According to a Treasury Department notice, the sanctioned digital asset platforms include Nobitex, Bitpin, Ramzinex, and Wallex.
Canada, Mexico Seek Long-Term Commitment To Free Trade Agreement
The request comes as President Donald Trump has increasingly questioned the value of the agreement despite signing it during his first term.
What Does The Latest Surge In U.S. Job Vacancies Mean
The Job Openings and Labor Turnover Survey showed that available positions rose to an estimated 7.62 million at the end of April, up from 6.89 million in March
CFTC Chief Alleges Political Bias In Gemini Crypto Lawsuit
He specifically cited Gemini, the exchange founded by Cameron and Tyler Winklevoss, and said the agency is seeking to correct what he described as past mistakes.
Berkshire Deepens Alphabet Stake With $10 Billion Deal
The move reflects Berkshire’s increasing confidence in Alphabet’s role in the artificial intelligence sector, particularly across search, cloud computing and digital infrastructure
What Is The Secret Behind Victoria’s Secret’s Sales Comeback
The company cited robust demand, lower tariff-related costs and a decline in promotional discounting as key drivers of growth
The Wrong Suspect
For two years, we blamed artificial intelligence for shutting young graduates out of work. The real culprit is remote work, which has made companies wary of hiring people they cannot train in person.
How Memory Chip Makers Became Wall Street’s Biggest Winners
Investor enthusiasm has been fueled by anticipated IPOs from major AI players such as Anthropic and OpenAI, alongside expanding investments in data centers and AI infrastructure.
Why Florida Is Suing OpenAI And Sam Altman Over ChatGPT
Attorney General James Uthmeier announced the lawsuit on Monday, accusing OpenAI and CEO Sam Altman of prioritizing technological competition over public safety.
AI Firm Anthropic Takes First Step Toward Public Listing
In a statement, Anthropic said the filing gives it the option to proceed with a public offering after the SEC completes its review. The company noted that any IPO would depend on market conditions and other factors.
Which Workers Are Being Hit Hardest By The Rise Of Remote Jobs
The report found that unemployment among recent college graduates increased from 3.6% in March 2019 to 5.6% in March 2026. New York Fed economists estimated that remote work could explain roughly 64% of that increase.
MGM Resorts Receives Buyout Bid From Barry Diller’s People
MGM operates some of the most recognizable properties on the Las Vegas Strip, including Bellagio and Aria. Following news of the proposal, MGM shares surged about 11% in early trading, while shares of People rose roughly 2%