Based on several reports, the largest initial public offering (IPO) in stock market history, SpaceX, is less than three weeks from becoming a reality. Elon Musk's space and artificial intelligence (AI) conglomerate is seeking to raise approximately $75 billion and earn a $
European stocks pull back as US strikes Iran European stock indexes were mixed on Tuesday, pulling back slightly from recent gains, after new US strikes in southern Iran. The STOXX 600 was down 0.2% on the day, but still close to its highest since the war began. Londo
Global capital flows into extended-stay hotels rise as demand grows for resilient, long-term accommodation formats. Global investors are increasing exposure to extended-stay hotels, drawn by stable occupancy and lower operational costs compared to traditional hotels. The s
The meteoric rise of Sandisk (NASDAQ: SNDK) stock almost seems unbelievable. If you had bought in at the initial public offering (IPO) in February 2025 at about $36 per share, you would have seen the shares skyrocket almost 4,100% to their current price of about $1,480
Tokyo maintains its economic assessment, citing steady private consumption and business investment despite Middle East risks. Japan’s government retained its view that the economy is recovering moderately in May, unchanged from April and March. The assessment highlights st
UAE-based ALEC secures contract for Abu Dhabi’s first immersive entertainment venue outside the US, set for 2029 completion. Abu Dhabi’s Department of Culture and Tourism awarded a $1.7bn construction contract to ALEC Engineering and Contracting for Sphere Abu Dhabi. The p
U.S. economists are increasingly questioning the reliability of the Atlanta Fedâs closely watched GDPNow model after it projected a sharp acceleration in second-quarter growth despite limited underlying data. GDPNow currently estimates the economy expanded at a 4.3% annual
By Ankur Banerjee and Harry Robertson SINGAPORE/LONDON, May 26 The dollar steadied on Tuesday as investor hopes of an imminent deal to reopen the crucial Strait of Hormuz and end the Iran war were dented by fresh U.S. attacks on Iranian targets and comments that reaching an...</p
Bitcoin caught between critical onchain support and an options showdown Heavy supply concentration and large options positioning continue to suppress volatility and keep bitcoin range-bound. What to know: - Bitcoin rebounded from its 128-day moving average near $74,500 - I
Shares in Sancus Lending Group, the AIM-listed specialist lender, fell 12% to 1.1p after the company said first-half profitability is below management expectations despite a sharp increase in revenue. Revenue for the four months to 30 April 2026 rose 44.1% to £8.5 million
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