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...
American Airlines Pauses 6 Domestic Routes as Iran Conflict Fuels Jet Costs
American Airlines is suspending six domestic routes for August and September, citing higher jet fuel costs tied to the Iran conflict.
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,...
Summer BBQ Inflation: The 14% Burger Tax Hits Your Wallet This Weekend
Hard-working Americans are facing sticker shock as inflation hits summer BBQ costs.
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.
Sellers Delist Homes at Fastest Rate Since 2020 Amid Higher Mortgage Rates
Frustrated home sellers nationwide delisted properties in April at a pace not seen since March 2020, driven by higher mortgage rates and weaker consumer...
Morgan Stanley to Open Wealth Management Funnel to External AI Agents
Morgan Stanley will soon allow external AI agents to directly access its stock administration platforms, ShareWorks and Equity Edge.