SpaceX's historic IPO on Friday saw its stock debut at $150, valuing the company at over two trillion dollars and surpassing Meta. The Dow Jones, S&P 500, and Nasdaq all closed higher, while new developments in Iran pushed oil prices down.
SpaceX to list on Nasdaq with $75B IPO, valuing the company at nearly $1.8T, surpassing Tesla and Meta, with potential to make Elon Musk a trillionaire.
US consumer inflation surged 0.5% in May, reaching its fastest pace in three years, driven by soaring oil prices and higher energy costs. This puts pressure on the Federal Reserve ahead of its policy meeting.
Trad.Fi plans to bring $650M in private credit onchain over 48 months to digitize US equipment financing, reducing approval times to one business day. An onchain investment pool will offer investors exposure, excluding US investors initially.
President Vladimir Putin states Russia continues to supply uranium to the US market, highlighting the economic benefit despite political tensions.
Remy Cointreau reported a sharp fall in annual profit to €78.7 million, but exceeded analyst expectations. The company's shares rose 12% on the Paris stock exchange following the announcement of a three-year turnaround plan aimed at boosting growth and efficiency.
Over 20 Taiwanese companies showcased their drone technology at XPONENTIAL 2026 in Detroit, aiming to tap into the US market. This participation follows the proposed "Blue Skies for Taiwan Act" and aims to establish Taiwan as a key player in the US's "de-Sinicized" drone supply chain.
Guzman y Gomez shares jumped 20.58% after the Mexican-themed fast-food chain announced its exit from the U.S. market to concentrate on Australia, citing high costs and lack of differentiation from rivals.
Guzman y Gomez is exiting the US market after determining that continued investment would require more time and capital than anticipated. The company will focus on its Australian expansion and growth in Singapore and Japan.
The Senate Banking Committee advanced the CLARITY Act, a digital asset market framework, by a 15-9 vote. While not yet law, the bill signals Washington's intent to create clearer regulations, potentially boosting consumer and institutional confidence in crypto.
Bitcoin faces challenges breaking out above $80,000 due to muted capital inflows and cautious futures traders, with potential sell pressure from six-month holders near $86,900.
The Motorola Razr Fold excels in battery life and multitasking but falls short in camera performance, lacks key hardware features, and comes with a hefty $1,900 price tag, making it hard to recommend despite its attractive design.
US bipartisan lawmakers introduce the Connected Vehicle Security Act to ban Chinese-made connected vehicles, software, and hardware from the US market, citing national security and data collection concerns, ahead of Trump-Xi meeting.
US lawmakers introduce bipartisan legislation to ban Chinese-made 'connected vehicles' citing national security and data concerns ahead of Trump-Xi meeting.
Lotus CEO Qingfeng Feng is seeking government support for its UK factory, emphasizing a commitment to British manufacturing despite a strategic shift towards hybrid models and a revised sales target.
Binance co-founder Changpeng “CZ” Zhao said rival crypto exchanges were concerned a pardon could pave the way for Binance to return to the US market.
The current get-in price for a group stage game at the 2026 Fifa World Cup has dropped 17.1 per cent on the secondary market in the past two weeks, according to data from the ticket tracking service TicketData.com on Thursday. The news comes as Fifa released a new batch of World Cup tickets for sale not long after its president, Gianni Infantino, defended the high costs and attributed them to the demand in the US market. The average get-in price (the cheapest ticket available) currently...
Fan groups have called prices a ‘monumental betrayal’Fifa collects 30% cut on resale marketsFifa president Gianni Infantino has defended World Cup ticket prices, insisting that football’s global governing body was obliged to take advantage of US laws that allow tickets to be resold for thousands of dollars above face value.Fifa has faced searing criticism over the cost of World Cup tickets, with fan organization Football Supporters Europe (FSE) calling the pricing structure “extortionate” and a “monumental betrayal”. FSE filed a lawsuit with the European Commission in March targeting Fifa over “excessive ticket prices” for the tournament. Continue reading...
US markets are buoyed by strong corporate earnings and a stable labor market, overshadowing geopolitical tensions. However, unpredictable political rhetoric and rising oil prices present risks, especially for India.
Canada will become the first non-European nation to attend the European Political Community summit in Yerevan. The meeting focuses on strengthening Armenia's ties with Europe and navigating geopolitical shifts, including US policy changes and Armenia's distancing from Russia.
Novo Nordisk is relaunching a diabetes tablet under the Ozempic brand in the United States, leveraging the strong brand recognition of its popular injectable drug. The new Ozempic pills will be available in specific doses for adults starting Monday, as the company seeks to regain market share from competitor Eli Lilly.
DJI's Osmo Pocket 4 is an evolutionary upgrade over the Pocket 3 featuring a new 1-inch sensor with 37MP stills, 4K video at 4x zoom, 240fps slow motion, 107GB internal storage, and improved battery life. However, it's the first Osmo Pocket not to launch in the US due to pending authorization. At $560, it's a meaningful upgrade for new buyers but offers little reason for Pocket 3 owners to upgrade.
Bitcoin traded near $76,600 after failing to sustain a push toward $78,000. While the asset initially resisted rising crude oil prices, the opening of US equity markets triggered a pullback, highlighting the ongoing tension between crypto-specific demand and broader macro risks.
DJI announces the Mic Mini 2 wireless microphone system with new swappable magnetic covers for customization. Priced starting at €59 ($69), the system includes a mic transmitter, USB-C receiver, and charging case. Not available in US, following DJI's pattern with recent products. Battery life remains 11.5 hours, with a Mic Mini 2S featuring redundant recording teased for summer.
