The SpaceX IPO Could Raise $75 Billion. History Suggests This Stock Will Be a Bigger Winner Than SpaceX Itself SpaceX is gearing up for what could be the largest initial public offering (IPO) in history, targeting a capital raise of around $75 billion and a valuatio
Quick Read - US spot XRP ETFs have crossed $1.41 billion in cumulative net inflows in May, making this the strongest month of the year per SoSoValue. - The XRP Ledger crossed $3 billion in tokenized real-world assets in late April, reflecting a 59% jump in just 30 days. -...
Kinnevik AB (KNEVF) on Monday named Helena Saxon as the new CEO, with effect from 1 August 2026. - Helena was Group Chief Financial Officer of Investor AB, a Nasdaq Stockholm-listed investment company, from 2015 to 2024 and, prior to that, an investment manager.
State-owned refiners raise diesel and gasoline prices for the fourth time in May, lifting costs amid disrupted oil flows. India’s state-run fuel retailers increased pump prices for the fourth time this month, pushing diesel up 8.6% and gasoline 7.8% since May 1. The hikes
Fund holds puts against chipmakers, favors crypto miners Situational Awareness LP is holding $8.46 Billion in puts against major chipmakers. The fund is instead investing in crypto miners such as $IREN, $CORZ, $APLD, and $RIOT, viewing them as undervalued real estate
USD/INR drops 0.5% as RBI spot market intervention and potential 5 June rate hike support the rupee amid oil price pressures. The Indian Rupee strengthened as USD/INR fell 0.5% to 95.71 on Friday, trimming weekly losses to 0.3%. The Reserve Bank of India’s spot market inte
Kevin Warsh’s potential shift away from dot plots and June rate projections adds uncertainty for dollar traders amid inflation risks. New Federal Reserve Chair Kevin Warsh may abandon interest rate forecasts in the June Summary of Economic Projections, signaling a break fr
The New Zealand Dollar remains range-bound near six-week lows ahead of Wednesday’s RBNZ policy decision amid mixed economic signals. The New Zealand Dollar (NZD) trades weakly against the US Dollar (USD) on Monday, failing to break above 0.5880 resistance despite improved
UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD rebounded sharply after recent weakness, with the pair swinging between 0.7100 and 0.7168 and now trading near 0.7155. They see scope for further gains but doubt a clear break above 0.7175, viewing current moves as p
Outcrop Silver & Gold acquires 15M shares of AGT, marking its first investment in the graphite technology firm. Outcrop Silver & Gold has acquired 15M common shares of Applied Graphite Technologies at C$0.10 per share, securing a 17.9% stake. The transaction, completed on
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