SpaceX IPO prospectus could land as soon as next week, sources say
Elon Musk’s reusable rocket company is getting closer to what’s expected to be a record stock market debut.
Fed Governor Miran submits resignation, throws support behind Warsh as new chair
Miran served as a contrarian voice on the rate-setting Federal Open Market Committee.
Cerebras pops 68% in Nasdaq debut, pushing the AI chipmaker’s market cap to $95 billion
Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.
Retail investors have led this incredible market comeback. Goldman pinpointed their favorite stocks
Individual investors are back as a major force in the market after sticking to the sidelines since the start of the U.S.-Iran war.
Musk’s China trip during OpenAI trial prompts apology from his lawyer for CEO’s absence
Musk sued his OpenAI co-founders Sam Altman and Greg Brockman, alleging they had violated a promise to keep their company a nonprofit.
Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed
Bessent said the energy-fed inflation surge recently is likely to reverse as the U.S. is “going to keep pumping.”
U.S., EU lawmakers pledge European scrutiny of Paramount’s WBD deal
The lawmakers, in a letter reported first by CNBC, told Paramount CEO David Ellison that the Warner Brothers Discovery acquisition would stifle competition.
Hantavirus outbreak isn’t another Covid pandemic – but experts say it’s testing U.S. readiness
For some experts, the outbreak is raising broader concerns about how equipped the U.S. is to respond to future infectious disease threats.
Lotus CEO warns solid-state batteries still up to a decade from mass production
Sometimes billed as the “holy grail” of sustainable driving, solid-state batteries have long been stuck between theory and the promise of commercialization.
Cerebras prices IPO above expected range, as Wall Street braces for AI tsunami
Cerebras raised $5.55 billion in its IPO, and with the chipmaker’s offering, investors are gearing up for some even bigger AI deals later this year.
