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SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

SpaceX Shares Reclaim $135 IPO Price as Rally Extends Through Monday Close

SpaceX shares have climbed back to their $135 IPO price, recovering post-debut losses as a buying rally extended through Monday's close.

Nvidia and Wall Street Giants Plan $500 Billion Financing Push for AI Infrastructure

Nvidia is reportedly teaming with major Wall Street banks on a $500 billion financing push to fund the global buildout of AI infrastructure.

Vertex Shares Climb as Rival Sionna’s Cystic Fibrosis Drug Fails Key Trial

Vertex Pharmaceuticals shares surged after rival Sionna Therapeutics saw its stock plunge roughly 90% on a failed cystic fibrosis drug trial.

US Appeals Court Clears Path for Thousands of Social Media Addiction Lawsuits

A US appeals court has allowed thousands of lawsuits accusing social media firms of addicting young users to move forward, testing Section 230 protections.

Elon Musk Denies Report of xAI and Tesla Revenue-Sharing Deal for AI Technology

Elon Musk has denied reports suggesting that his AI startup, xAI, held talks with Tesla regarding a revenue-sharing arrangement. According to a recent report,...

U.S. Airlines Slow Hiring Amid Rising Costs and Market Challenges

After a massive hiring spree that added nearly 194,000 jobs since 2021, U.S. airlines are now cooling their recruitment efforts. The industry, which faced...

Boeing’s Starliner Returns to Earth After Extended Test Flight Without Astronauts

Boeing’s Starliner spacecraft successfully returned to Earth after months at the International Space Station (ISS), but without the two astronauts it delivered to orbit...

U.S. Housing Supply Rises as Home Prices See Decline in August

The supply of homes for sale in the U.S. remains historically low but is rising rapidly. In August, active home listings increased by 36%...

Starboard Value Pushes to Dissolve News Corp’s Dual-Class Share Structure

Activist investor Starboard Value has made a move to challenge the dual-class share structure of News Corp, a structure that has long enabled the...

The Green Bay Packers: The Only Publicly Owned NFL Team with a Unique Ownership Structure

The Green Bay Packers, valued at $6.3 billion, are the only publicly owned team in the National Football League and one of the most...

Kansas City Chiefs Worth Less Than NFL Teams With Longest Playoff Droughts

The Kansas City Chiefs, winners of three of the last five Super Bowls, are surprisingly only the 18th most valuable NFL team, valued at...

Electric Pickup Trucks: The $100K+ Market Revolution in the U.S.

Tesla, General Motors, Rivian, and Ford have transformed the U.S. automotive industry with a new class of electric pickup trucks priced at $100,000 or...

Automakers Boost Ad Spending During NFL Season to Reach Millions of Viewers

After a slowdown in recent years, automakers are ramping up their ad spending during the NFL season. Brands like Toyota, Hyundai, and Detroit automakers...

Chow Tai Fook Appoints Former Loewe Executive to Lead Global Expansion

Chow Tai Fook Jewellery Group, controlled by the family of Hong Kong tycoon Henry Cheng, has appointed Gabriela Ferreira, formerly of LVMH’s Loewe, to...

Hong Kong Banks Offer Cash Rebates on Mortgages Amid Anticipated Rate Cuts

Major commercial banks in Hong Kong are now offering cash rebates on mortgage financing, sparking competition among lenders to attract homebuyers as the Federal...

Ant Group Launches AI-Powered Zhixiaobao App as Virtual Assistant for Daily Tasks

Chinese fintech giant Ant Group has introduced a new artificial intelligence (AI) app called Zhixiaobao, designed to function as a virtual assistant for daily...

You.com Raises $50 Million, Backed by Nvidia and DuckDuckGo, to Expand AI Search and Productivity Tools

You.com, the AI-powered search engine and productivity platform, has raised $50 million in a new funding round, bringing its total funding to $99 million....

HSBC to Issue $2.5 Billion in Convertible Securities Amid Global Bond Surge

HSBC Holdings announced plans to issue $2.5 billion in convertible securities next week, joining a global surge in investment-grade bond issuance. This move comes...

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