SpaceX launched the largest IPO ever, raising $75 billion and valuing the company at over $2 trillion. Despite high demand and a fourfold oversubscription, concerns remain about the quality of investors and the sustainability of the stock price after initial gains. The company, which includes AI, satellite, rocket, and social media businesses, reported a $5 billion loss last year, raising doubts about when it will become consistently profitable. Experts warn retail investors to be cautious as the stock may drop significantly after the initial hype fades.
The US government has identified 16 minerals it produces none of, making the country 100% reliant on imports for these critical materials, which poses national security and economic risks. Financial expert Jim Rickards highlights this dependency, esp...
The US and Iran are expected to finalize a peace agreement within 24 hours, potentially ending over three months of conflict that disrupted global energy supplies and raised gasoline prices. Pakistan's Prime Minister Shehbaz Sharif announced preparat...
Genmab announced positive Phase 2 and Phase 1b/2 trial results for epcoritamab, a T-cell engaging antibody, in elderly patients with newly diagnosed diffuse large B-cell lymphoma (DLBCL) who are ineligible for standard chemotherapy. The Phase 2 trial...
Ascendis Pharma announced that its Phase 3 PaTHway Trial data show TransCon PTH maintains long-term efficacy and safety in adults with hypoparathyroidism over 182 weeks. The treatment replicated natural parathyroid hormone effects, improving quality ...
Xi Lai Gaming, a Chinese Valorant team founded in 2023, defeated G2 Esports in a best-of-three series at VCT Masters London 2026, advancing to the upper bracket. This victory sets up a match against EDward Gaming, a familiar rival, with both teams re...
