Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
Based on SpaceX’s updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
Bitcoin’s high-conviction holders are turning into sellers as the crypto’s price hits new lows
In the past two days, bitcoin’s highest-conviction holders have sold about $2.4 billion in bitcoin.
Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.
Finland’s president says EU should expand to 40 states — including Canada
Finnish President Alexander Stubb said the European Union needs to expand to project power on the global stage.
SoftBank shares plunge 10% amid broader tech sell-off
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
SoftBank’s OpenAI bet and rising debt are raising liquidity crunch concerns
Analysts warned that the market’s renewed optimism on SoftBank is masking mounting balance-sheet risks.
S&P 500 futures fall after index snaps 9-day win streak amid rising Middle East tensions: Live updates
Rising oil prices and Treasury yields weighed all three major indexes lower on Wednesday.
Inside India newsletter: Why Taiwan and South Korea’s stock markets have surged past India within a week
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
Asia-Pacific markets set to open lower on renewed Middle East tensions
Asia-Pacific markets were set to open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.