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…
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…
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…
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…
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…
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…
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…
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…
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…
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…

Samsung Weighs More India Capacity as Export Subsidies Grow
Apple Files for iPhone Duo as Its First Foldable Sells
Etsy Moves Against AI-Generated Recipes and Patterns
Canva Trains Its Own Image Model, Aimed at Layouts Rather Than Photographs
Arc’s Shutdown Date Turns a Browser Into a Migration Project
Rivian Buys a Small British Team to Build the Roads Its Cars Never Drive
Microsoft Closes The Garage, Leaving Its Global Hackathon in Limbo
Nscale Is Sued in Norway Over a Dismissal
Apple’s Ad Business Gets a Lift From Formula 1
OpenAI Signs a Security Pact With Poland’s NASK








