Financial News & Analysis
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SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 23% on debut
SpaceX market cap tops $2 trillion after shares gain 23% on Nasdaq debut.
Space Stocks Tumble as Investors Race Toward Musk’s IPO
SpaceX IPO triggers selloff in space-related stocks as investors rotate into the new offering.
Elon Musk becomes trillionaire as SpaceX soars in Wall Street debut
Elon Musk becomes trillionaire as SpaceX's successful IPO makes it one of the world's most valuable companies.
Social Security COLA for 2027 may jump to 4.7%, one estimate finds. This chart shows prices driving...
2027 Social Security COLA may rise to 4.7% due to inflation, boosting consumer spending but signaling persistent price pressures.
Dangote Lifts Nigerian Crude Intake as Overseas Buyers Pull Back
Dangote refinery boosts Nigerian crude purchases, offsetting weak overseas demand amid Middle East supply uncertainty.
Musk Brought Price of Space Launches Down Says Former NASA Astronaut
SpaceX's cost reduction in space launches, validated by former NASA astronaut, signals positive disruption in aerospace.
Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is...
SpaceX IPO priced at $135/share, valuation $1.77 trillion; shares surged 25%+ amid retail frenzy.
Initial Jobless Claims: 215.0K vs expected 220.0 (below expectations)
Jobless claims fell more than expected, signaling labor market strength.
Warsh and learn
New Fed chair Kevin Warsh's first rate meeting may signal policy shifts, impacting markets.
SpaceX’s IPO is a display of Musk’s autocratic power
SpaceX's IPO highlights Musk's market influence, potentially boosting investor sentiment but raising governance concerns.
The strategic dilemmas behind Britain’s defence spending mess
UK defense spending debate highlights strategic uncertainty and potential fiscal strain.
US-Iran peace deal text agreed, says Pakistan’s PM
US-Iran peace deal text agreed, signing expected soon, reducing geopolitical tensions.