SpaceX shares dropped 5.7% to around $190, marking their first decline since the company's historic IPO last week. This ended a three-day rally that had pushed SpaceX ahead of Amazon as the world's fifth-largest company by market value. The decline lowered SpaceX's valuation to just over $2.5 trillion, falling below Amazon and away from Microsoft's $2.8 trillion valuation. Analysts suggest the drop may be a cooling off after intense retail investor demand, with some cautioning about potential volatility due to Elon Musk's significant voting power and influence on the stock's performance going forward.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
