Investor demand for SpaceX IPO tops $250 billion, reports
The $75 billion SpaceX seeks to raise in its historic IPO would value the company at roughly $1.77 trillion.
Stocks
Michael Dell’s net worth surges up $35 billion, passing Zuckerberg as 6th richest
Analysts called Dell’s latest earnings “one of the most impressive quarters we’ve seen in our time covering hardware.”
Robinhood will allow users’ AI agents to trade stocks
Robinhood said Wednesday it would allow customers to bring their own agents to the platform.
‘Ranting on LinkedIn won’t fix it’: How Airtree’s Daniel Petre wants to solve the CGT debate
Airtree co-founder Daniel Petre has problems with the Labor Government’s proposed changes to capital gains taxation, but says “screeds” on LinkedIn won’t solve anything.
Nvidia hits record $5.5 trillion value. First company to ever reach mark
Shares of the AI juggernaut are up nearly 20% in the last four weeks.
OpenAI investors Nvidia and Oracle fall after AI giant misses revenue target: reports
One executive told employees that OpenAI may be unable to fund future computing contracts.
Nvidia sets new record with nearly $5.3 trillion value after AI darling surges 4%
Shares of Nvidia are now up 16% on the year after slumping in March.
Shoemaker Allbirds suddenly says it’s an AI company… stock jumps 800%
The former shoemaker said it would pivot and rebrand itself “NewBird AI.”
New bill wants lawmakers banned from trading on prediction markets
A proposed bill would bar members of Congress, the president and other executive branch officials from trading on political events.
Dow, S&P 500 and Nasdaq rebound in ‘relief rally’—as gold prices stumble
The major U.S. stock indexes on Monday rose from their lowest level this year, after President Donald Trump claimed earlier in the day the U.S. held “productive” talks with Iran, resulting in a “relief rally” for stocks that also prompted a decline in oil and gold prices.