Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal
Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.
Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.
OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
Gold slumps to 6-month low even as inflation fears rise. Here’s why bullion is out of favor
The yellow metal is at its lowest level of the year as potential interest rate increases and faltering technical signals weigh on prices.
Wall Street sees one clear winner from the World Cup gambling boom
Several investment banks think DraftKings will benefit the most from the soccer tournament that kicks off Thursday.
Iran threatens Elon Musk’s companies in Middle East: Iranian state media
Iran will consider all of Elon Musk’s companies in the Middle East as military targets as it retaliates against the U.S., Iranian state media reported.
South Korea’s stock market rout isn’t a vote against the country, market exchange chief says
“This is a rebalancing exercise, and has nothing to do with any loss of conviction in the Korean market,” Korea Exchange CEO Jeong Eun-bo said.
ECB hikes interest rates for first time since 2023 as Iran war ramps up energy costs
The European Central Bank also raised its inflation forecasts and cut its growth outlook.
