OKX Names Standard Chartered and Circle as Investors After $25 Billion Valuation
OKX founder Star Xu named Standard Chartered and Circle as equity investors, building on a $25 billion valuation disclosed with ICE’s March investment.
Business - Page 13
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Latest Business News
Moonshot AI Eyes Hong Kong IPO in Early 2027 After $50 Billion Funding Valuation
Moonshot AI is targeting a Hong Kong IPO in early 2027 that could raise up to $5 billion, after reportedly closing private funding at a $50...
DeepSeek Nears $12 Billion Raise With Tencent and CATL Backing
DeepSeek is nearing at least $12 billion in funding backed by Tencent and CATL, after targeting a valuation of roughly $75 billion ahead of a planned...
Elon Musk Becomes a Trillionaire Again as SpaceX Stock Surges
Forbes puts Elon Musk's fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX's June IPO.
SpaceX Stock Surges Above $160 as Market Value Tops $2.2 Trillion
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.
Cerebras Shares Rebound 6% as Altman Reaffirms OpenAI Partnership
Cerebras shares rise 6.3% to $177 in premarket trading after Sam Altman reaffirms the OpenAI partnership, following a sharp selloff over Nvidia deployment.
OKX and ICE File for 24/7 Tokenized Trading in 63 U.S. Stocks
OKX and NYSE owner ICE have filed for a tokenized U.S. stock venue covering 63 shares, with full shareholder rights and a 30-day issuer objection window.
Disney Stock in Focus as TV Overhaul Could Bring Hundreds of Layoffs
Disney’s reported TV restructuring puts DIS shareholders’ focus on streaming margins, execution costs and cash returns after the October 1 share decline.
Novig Trading Jumps Nearly 94% After Sydney Sweeney Campaign
Novig reports a sharp rise in trading and first-time depositors after its Sydney Sweeney campaign as the sports prediction platform attracts funding interest.
Gasoline Cars Fall Below 50% of Global New-Vehicle Sales for First Time
Gasoline models accounted for less than half of global new-vehicle sales in the first half of 2026, Nikkei reported, as higher oil prices sharpened the appeal...
Nike Plans More Layoffs as China Sales Plunge
Nike plans job cuts from 2027 as Greater China sales fall 22%, deepening a restructuring aimed at reducing costs and rebuilding its marketplace.
SpaceX to Launch Google AI Chips in Orbital Data Center Experiment
Google’s Project Suncatcher will test AI chips in orbit with Planet Labs and SpaceX, while launch costs and cooling remain central to its business case.