Short Sellers Ramp Up Bets Against SpaceX as Stock Faces Pressure
A live feed shows SpaceX CEO Elon Musk on the day of SpaceX’s initial public offering (IPO) at the Nasdaq…
Finance & Investment
Dallas Fed President Lorie Logan Advocates for Modest Interest Rate Hikes to Combat Persistent Inflation
Dallas, Texas – Lorie Logan, the president and chief executive officer of the Federal Reserve Bank of Dallas, has issued…
SBI Fund Management’s Blockbuster IPO Signals Robust Investor Appetite Amidst Broader Market Recovery
India’s largest public market offering this year, SBI Fund Management, has successfully garnered bids totaling an impressive 2.97 trillion rupees…
Treasury Secretary Defends Potential Currency Swaps Amid Iran War, Citing Dollar Primacy and Allied Needs
Treasury Secretary Scott Bessent on Friday robustly defended the prospect of the United States engaging in currency swap agreements with…
X-energy IPO Shatters Records Amidst Nuclear Renaissance Fueled by AI and Electrification
Advanced nuclear reactor company X-energy commenced trading on Friday, marking a significant milestone for the nuclear industry which is experiencing…
Allbirds Soars on AI Rebrand, Echoing Past Hype Cycles
Retail traders stampeded into Allbirds after the troubled shoemaker slapped an artificial intelligence label on its business, a setup that…
Morgan Stanley Tops Estimates as Trading Revenue Exceeds Expectations by Nearly $1 Billion
Morgan Stanley on Wednesday posted first-quarter results that surpassed analyst estimates, driven by exceptionally strong performance in its trading operations,…
