• June 9, 2026
  • 105 views
OpenAI, Anthropic and SpaceX Converge on a Record IPO Week

NEW YORK — The roadshow deck that Goldman Sachs bankers carried into investor meetings this month priced SpaceX at a fixed $135 a share, a figure that values the rocket…

  • June 8, 2026
  • 102 views
Sanxing Electric Poised for State Grid Contract

A Chinese maker of grid equipment has emerged as the leading candidate for a contract with the country’s biggest power utility, in a small deal that says something large about…

  • June 8, 2026
  • 63 views
Citi Raises S&P 500 Target to 8,100

Five days after the Nasdaq suffered its worst session since April 2025, Citi raised its year-end target for the S&P 500 to 8,100, according to CNBC. The call is the…

  • June 8, 2026
  • 61 views
Damodaran Declines SpaceX IPO, Calling Price Too High

The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…

  • June 8, 2026
  • 61 views
Uber, Wayve and Waymo Square Off in London

Uber riders in Britain can now sign up for a waitlist to hail robotaxis made by Wayve, the London-born autonomous driving company, according to TechCrunch, and the opening of that…

  • June 8, 2026
  • 78 views
Tencent Returns to the Dollar Bond Market

Tencent Holdings has hired a group of investment banks to sell dollar-denominated benchmark bonds and offshore renminbi bonds, its first return to the dollar market since 2021, according to people…

  • June 8, 2026
  • 76 views
SoftBank Slides as Foreign Investors Exit Korean Tech

SoftBank Group fell more than 6 percent in Tokyo trading on Monday, one of the biggest declines among Asia’s technology stocks as a global selloff in AI names rolled through…

  • June 8, 2026
  • 60 views
Chip Stocks Rebound After the Worst Selloff in a Year

Three sessions, three markets, one U-turn. Friday, the Nasdaq Composite fell 4.18 percent, its worst single day since April 2025. Monday morning, Seoul’s KOSPI index opened down more than 8…

  • June 8, 2026
  • 75 views
Marvell to Join S&P 500 After AI-Driven Rally

S&P Global said Marvell Technology will join the S&P 500 index on June 22, replacing Pool Corp and Campbell’s, and the announcement turned a stock that had already been one…

  • June 8, 2026
  • 75 views
Amazon Pays Corning Billions for Fiber in AI Buildout

Amazon has agreed to pay Corning billions of dollars for optical fiber to connect its U.S. data centers, the latest and largest sign that the AI buildout has moved beyond…