SpaceX Heads For A Record Debut Into A Risk-Off Tape
The year's marquee listing aims for a 1.77-trillion-dollar valuation just as war and inflation rattle markets.
Investing
Inflation Print Looms As The Oil Shock Returns
May CPI, due this morning, is expected at its highest in nearly three years, boxing in a new Fed chair days before his first meeting.
Stocks Slide Into A Two-Front Test Of Nerves
A chip-led selloff met de-risking before inflation data, and now futures face an overnight escalation in the Gulf.
Trump Family Profits While Crypto Firm Struggles To Survive, Report Says
Critics have called for regulatory scrutiny, though there is no evidence presented that the Trump family or others improperly benefited
Tehran Tries To Put A Price On The Strait of Hormuz
Iran signals it will reopen the chokepoint only on its own terms, including a transit fee, keeping a risk premium under oil.
Chips Claw Back After Wall Street's Worst Day of the Year
Semiconductors led a Monday bounce, but a hot jobs print and this week's inflation read keep the Fed in focus.
Wall Street Slides As Strong Jobs Data Fuels Rate Hike Concerns
Investors interpreted the data as a sign of continued economic strength that could reduce pressure on the Federal Reserve to ease monetary policy.
Bitcoin Drops More Than 50% From 2025 Peak
Crypto-linked stocks also came under pressure, with Coinbase, Circle and Strategy posting steep losses.
SpaceX IPO Faces S&P 500 Roadblock Despite Massive Valuation
S&P concluded that market value alone should not justify special treatment and said maintaining current standards preserves consistency and fairness.
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
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
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
Why Could U.S. Troops Soon Be Banned From Prediction Markets
The proposal would require Defense Secretary Pete Hegseth to establish regulations barring personnel from placing trades when they possess nonpublic information or could reasonably obtain such information through their roles
How Valuable Is Anthropic Ahead Of Its Planned Stock Market Debut
The company said the proposed offering remains subject to regulatory review and market conditions. No details have been released regarding the number of shares or pricing
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