Musk’s $1.8 trillion SpaceX IPO could be ‘highly undesirable’ for some
SpaceX’s IPO could challenge pension funds as concerns grow over its valuation and governance structure under Musk.
Anthropic urges AI labs to pause, warns humans risk losing control
It warned that rapid advances in technology could soon allow AI systems to improve themselves faster than human control.
Trump admin’s cancellation of wind energy projects causes business turmoil
Seven northeastern states have sued US gov't for paying TotalEnergies to withdraw from offshore wind projects.
Elon Musk’s SpaceX eyes $1.77tn valuation ahead of historic IPO
Texas-based rocket company announces plans to sell shares at $135 apiece, aiming to raise approximately $75bn.
US cites forced labour concerns as grounds for new tariffs
USTR's proposal comes from a Section 301 unfair trade practices investigation designed to help rebuild Trump's tariffs.
Japan’s stock market hits new record as AI boom gathers steam
Benchmark Nikkei 225 tops 68,000 for first time as AI-driven buying frenzy shows no signs of slowing down.
AI giant Anthropic files for US IPO as investors bet big on AI future
Anthropic, which operates AI chatbot Claude, did not disclose the size or the terms of the offering.
South Korea’s SK Hynix enters exclusive $1 trillion club
Chipmaker becomes second South Korean company in history to hit milestone.
US inflation surges to three-year high amid tensions with Iran
Heightened petrol prices led the inflationary pressures, with prices that jumped 5.5 percent in April.
US picks potential partners for using Cold War-era plutonium as fuel
Trump gov't plans to make about 20 tonnes of plutonium from dismantled nuclear warheads available to US power firms.