SpaceX IPO won’t ‘break’ the bull market. But investors are worried about what comes next
As far as Wall Street is concerned, the stock market has what it takes to absorb the new supply.
The first Wall Street firms are out with their SpaceX recommendations. Here’s what they’re saying
Two firms initiated coverage, with each forecasting gains for the Elon Musk company in its first year to 18 months based on their price targets.
SpaceX IPO is a ‘referendum’ on Musk, say market watchers
Friday’s hotly anticipated SpaceX market debut could prove a defining moment for capital markets — and serve as a “referendum” on Elon Musk’s leadership.
U.S. becomes India’s top gas supplier, as Iran war cuts it off from the Gulf
India’s gas purchases from the U.S. have grown steadily, driven by Washington’s push to sell more American energy to the South Asian country.
Hugo Boss pops 8% after top shareholder Frasers launches $2 billion takeover offer
British retail group Frasers owns a roughly 26% stake in Hugo Boss.
Stock futures rise as U.S. completes strikes against Iran: Live updates
A rout in chip stocks and ramp-up in Middle East tensions pulled down the major averages on Wednesday.
Investors brace for a ‘long grind’ as Iran war escalation dims hopes of an early end
As U.S. and Iranian forces continue exchanging strikes, investors are increasingly grappling with the possibility that the conflict could become more prolonged.
OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Anthropic, the WSJ reported on Wednesday.
Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows
Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran.
Analysis: Trump said he loves inflation. Why that should be music to Kevin Warsh’s ears
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair Kevin Warsh.