SpaceX IPO Set Record as It Goes Public on NASDAQ Under New Rules
SpaceX’s IPO introduces a 4% public float while NASDAQ debuts new rules for index inclusion, potentially lifting demand and setting a record for the...
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Elon Musk Becomes World’s First Trillionaire As SpaceX Soars In Stock Market Debut
Elon Musk’s SpaceX IPO surged on its first day, sending the tech magnate to trillionaire status as shares priced above expectations and a flurry...
GM Expands Battery Chemistry Push to Grow Data Center, Energy Storage Business
GM is expanding its battery chemistry program and vehicle-to-grid initiatives to capitalize on the growth of energy storage and data centers, while also supporting...
Justice Dept. Approves Paramount’s Acquisition of Warner Bros. Discovery
The DOJ approved Paramount’s $111 billion takeover of Warner Bros.
SpaceX Millionaires Set to Fuel Luxury Real Estate, Watches and Private Jets
New SpaceX wealth holders are eyeing luxury homes in Southern California and Texas, with watches and private jets as early markers of post-IPO spending,...
Copper Wire Theft Epidemic Pushes AT&T to Fight for Legacy Network Retirement
Rising copper prices, driven by the AI data center boom, have triggered a massive wave of infrastructure theft, prompting AT&T to seek regulatory relief...
Lloyds, Halifax, and Bank of Scotland Restore Services After Online Banking Outage
Lloyds Banking Group has restored online and mobile app services following a major outage on Wednesday that left thousands of Lloyds, Halifax, and Bank...
Honeywell Aerospace CEO Forecasts Strong Growth Ahead of Standalone Debut
Honeywell Aerospace CEO Jim Currier anticipates significant earnings growth following its spin-off from Honeywell International. The company targets $6.5
Eli Lilly Shifts Dealmaking Strategy, Fueled by GLP-1 Drug Success
Eli Lilly is strategically deploying its substantial financial gains from GLP-1 drugs like Mounjaro and Zepbound to pursue a more aggressive and diversified acquisition...
CBS Fires Veteran Correspondent Scott Pelley Amid ’60 Minutes’ Editorial Turmoil
Veteran '60 Minutes' correspondent Scott Pelley has been fired by CBS News amidst significant internal turmoil.