Shares surged past $170 following a 19% first-day gain, valuing the company at over $2 trillion amid mixed analyst ratings. SpaceX shares rose approximately 6% in premarket trading Monday, reaching around $170, after a historic Nasdaq debut last week. The stock, priced at
Oil prices drop over 4% while copper and regional equities surge after the weekend deal eases supply concerns. A U.S.-Iran peace agreement announced over the weekend triggered a broad market rally, with MSCI’s Asia-Pacific shares index climbing 3%. Japan’s Nikkei 225 reach
Data from 16 providers shows steady growth in crypto card usage, decoupled from Bitcoin price movements and median top-ups of $90–$135. Crypto card transaction activity has risen 2.7 times since January 2025, according to an analysis of 76 weeks of data across 16 providers
The group of high-profile tech stocks lags broader market gains, with valuations trailing peers like SpaceX and TSMC. The S&P 500 and Nasdaq continue to climb, but the so-called Magnificent Seven stocks—AMZN, AAPL, GOOGL, META, MSFT, NVDA, and TSLA—are underperforming. The
Stock index futures surge after US-Iran peace deal The US and Iran have announced a long-awaited peace agreement that would restore shipping. Stock index futures were sharply higher on Monday following the announcement. The agreement is expected to have a p
An Insight Partners affiliate sold its entire 78,628-share position in COUR for $447,000, ending its 10% ownership stake. An Insight Partners affiliate sold its remaining 78,628 shares of Coursera (NYSE:COUR) for approximately $447,000 on May 18, 2026, according to an SEC
Shell shifts strategy away from renewables, targeting higher returns in fossil fuels after scaling back low-carbon investments. Shell is preparing to sell its offshore wind farms in a deal potentially exceeding $1bn as it pivots away from renewables. The company has engage
National Bank of Canada (NBC) discusses USD/CAD, noting the pair has been consolidating and may remain range-bound. The bank highlights that recent moves reflect shifting expectations for Federal Reserve and Bank of Canada policy Their analysis suggests limited dire
Nvidia trades at 31x P/E despite 70%+ sales growth, with CEO Jensen Huang forecasting prolonged supply shortages. Nvidia CEO Jensen Huang stated AI hardware supply will trail demand for several years, reinforcing expectations of sustained growth. The company’s stock trades
The $157.5M purchase of Comtech’s Satellite & Space Communications segment by Gilat Satellite Networks signals shifting valuations in communication equipment. Gilat Satellite Networks (GILT) will acquire the majority of Comtech Telecommunications’ (CMTL) Satellite & Space