SpaceX, led by Elon Musk, is eligible for rapid inclusion in major U.S. and global stock indexes like Russell and FTSE, thanks to new fast-entry rules. This eligibility could boost investor demand ahead of what may be the largest IPO in history, with SpaceX targeting a valuation of $1.75 trillion and a $75 billion raise. The company aims to list as early as June 12, with a roadshow planned for June 4. Nasdaq has also eased rules to allow quick entry into the Nasdaq-100 index, though some investors warn this could lead to volatility due to forced buying by passive funds.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
