Wall Street needs a crash course in the token economy ahead of AI IPOs. SpaceX offers a preview
When OpenAI and Anthropic make their IPO prospectuses available to the public, investors are going to have to learn about a whole new economy.
Humaniod robotics company raises up to $1.4 billion from Nvidia, Amazon and others
Investors have rushed to back companies in the physical AI space
The SpaceX IPO could be coming for the ‘Magnificent Seven’ and chip stocks
The “Magnificent Seven” is the market pocket that’s most likely to see a rotation, analysts say.
Sen. Warren calls on SEC to delay SpaceX IPO, flagging concerns about valuation and governance
Sen. Elizabeth Warren noted Elon Musk’s “uniquely unchecked” power as SpaceX’s majority shareholder and other concerns in a letter to the SEC.
Kuwait closes airspace, Israel warns of launches from Lebanon after U.S strikes in Iran
President Donald Trump promised more attacks on Iran after strikes resumed this week. Earlier this week, he said a deal to end the war was near.
Private credit lenders say their big software bet faces an AI reckoning — but not a ‘SaaSpocalypse’
Private credit’s exposure to software is being tested by AI, as lenders look past “SaaSpocalypse” fears to identify winners and losers.
The World Cup will likely be the biggest gambling event in history
Global wagers on the 2026 World Cup could top $50 billion, according to Macquarie analyst Chad Beynon. That’s up from more than $35 billion in the 2022 tournament.
Gold, silver and bitcoin fall as traders up Fed rate hike bets
Precious metals were firmly in negative territory, as fears about inflation and the Federal Reserve’s interest rate path weighed on investor sentiment.
Two reasons for optimism after Tuesday’s whipsaw market sell-off
There’s reason for optimism, judging by bullish options flows around stocks that do better when interest-rates stay lower, and call-buyers who are prepared for the biggest move in Oracle since Covid.
Bank of Japan governor Ueda hospitalised, will miss June meeting
The BOJ is widely expected to raise its short-term policy rate to 1% from 0.75% at next week’s meeting.
