SpaceX Shares Hit Record Low as Post-IPO Selloff Deepens
SpaceX shares fell to a new all-time low of $110 as the post-IPO selloff continued, leaving the stock nearly 50% below its peak despite growing buying interest from ETFs.
News
Stay on top of the latest developments across the world’s financial markets with our comprehensive coverage of stocks, commodities, futures, currencies, crypto, ETFs and bonds. We provide timely updates, expert insights and market-moving stories to help you navigate volatile sessions and long-term trends. Whether you track corporate earnings, mergers and acquisitions, commodity prices, derivatives or central bank moves, this section delivers the essential context behind every shift. Designed for professionals and individual investors, our Markets category covers everything from big-picture sentiment to sector details. It’s your one-stop source for actionable information about global markets and the forces shaping them today.
Chipmaker CXMT Becomes China’s Most Valuable Listed Company After 466% IPO Surge
Chinese memory chipmaker CXMT surged 466% on its market debut after raising $8.6 billion in Asia’s largest IPO of the year, becoming China’s most valuable listed company.
Allianz to Acquire HSBC’s Singapore Insurance Business for $2.09 Billion
Allianz will acquire HSBC’s Singapore life and health insurance business for $2.09 billion, strengthening its presence in Asia while allowing HSBC to focus on higher-return banking operations.
SpaceX Erases $1.48 Trillion in Market Value in Just 37 Days
By
Michael Foster
• 3 mins read
SpaceX shares have fallen to a new all-time low, wiping approximately $1.48 trillion from the company’s market value in just 37 days and dropping well below their $135 IPO price.
South Korea to Invest AI Tax Windfall Into Future Fund
By
Michael Foster
• 3 mins read
South Korea plans to channel tax revenue generated by the AI boom into a new Future Adaptation Fund supporting education, technology, regional development, and young people.
SpaceX Shares Fall Below $140, Hitting New Post-IPO Low
By
Michael Foster
• 3 mins read
SpaceX shares fell below $140 for the first time since the company’s IPO, reaching a new post-listing low after giving up most of their early trading gains.
Getting Hired at Bending Spoons Is Harder Than Becoming a NASA Astronaut
By
David Sinclair
• 7 mins read
Bending Spoons received about 800,000 job applications in 2025 but hired only 286 people, giving the Italian technology company an acceptance rate of roughly 0.04%.
SK Hynix Debuts on Nasdaq After Raising $26.5 Billion in Landmark Listing
By
Emma Clarke
• 3 mins read
SK Hynix began trading on Nasdaq after raising $26.5 billion in an oversubscribed ADR offering, with the proceeds set to expand AI memory chip production.
Paradigm Raises $1.2 Billion to Expand AI and Robotics Investments
By
Emma Clarke
• 3 mins read
Crypto-focused venture capital firm Paradigm has raised a new $1.2 billion fund to expand its investments beyond digital assets into artificial intelligence and robotics.
Volkswagen, BMW and Mercedes-Benz Cut Jobs as Chinese Rivals Gain Market Share
By
Emma Clarke
• 3 mins read
Volkswagen, BMW, and Mercedes-Benz are cutting jobs and reducing costs as rising competition from Chinese automakers reshapes the global automotive industry.
SpaceXAI Launches Grok 4.5, Its First AI Model Built for Agentic Work
By
Emma Clarke
• 3 mins read
SpaceXAI has launched Grok 4.5, its most advanced AI model yet, designed for coding, agentic tasks, and knowledge work with availability through Grok Build, Cursor, and the API.
Instagram Enables AI to Generate Images Using Public Photos by Default
By
Emma Clarke
• 2 mins read
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Honda, Nissan and Mitsubishi Deepen Alliance to Compete With Chinese Automakers
By
Emma Clarke
• 3 mins read
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly growing Chinese automakers.
South Korean Stocks Tumble as AI Chipmakers Sell Off Despite Samsung’s Record Profit
By
Michael Foster
• 2 mins read
South Korea’s stock market fell sharply as investors sold AI chipmakers despite Samsung reporting record quarterly operating profit driven by strong demand for AI memory.
Trump’s Financial Disclosure Reveals Massive Crypto Windfall and Thousands of Stock Trades
By
Michael Foster
• 5 mins read
Donald Trump’s latest financial disclosure shows more than $2 billion in reported income for 2025, including roughly $1.4 billion from crypto ventures and thousands of stock trades involving major technology companies.