Global markets opened the week digesting a mix of corporate, macroeconomic, and asset-class developments, from early steps toward a potential SpaceX initial public offering to renewed signs of weakness in China’s economy, cautious trading in Asian equities, and tentative stabilisation in cryptocurrency markets. Together, the updates underscore a backdrop of uneven growth, policy uncertainty and
Alphabet Inc. is poised to record another substantial paper gain following a new SpaceX tender offer that sharply lifts the private company’s implied valuation. The transaction, which prices insider shares well above previous secondary sales, is expected to raise the carrying value of Alphabet’s long-held stake in Elon Musk’s rocket and satellite business. The development,
South Africa’s efforts to expand satellite internet access, with Starlink at the centre of the debate, are facing mounting political resistance. Lawmakers are pushing back against a proposed shift in telecom ownership rules that could allow foreign satellite providers to operate without local equity participation, reports Bloomberg. The dispute has reopened sensitive questions around economic
From Silicon Valley power plays to international legal battles, the overnight news cycle was relentless. Here is your cheat sheet: PayPal is eyeing a banking charter, Tesla is testing driverless tech in Texas, and SpaceX just made Elon Musk wealthier than ever. But the biggest headline might be happening in the courtroom, where President Trump
Tesla stock (NASDAQ: TSLA) came under pressure on Friday, plunging over 1% after volatility spread through the broader artificial intelligence space. The stock has alternated between gains and losses this week, with investors reassessing growth expectations amid competition from global rivals and execution risks around robotaxi deployment. Tesla’s volatile trading reflects the market’s struggle to
Tesla’s profit mix is shifting toward its energy business, a trend one Seeking Alpha analysis argues supports a prudent buy-on-pullbacks stance at about a $1.63 trillion valuation. At the same time, Rivian shares have rebounded sharply to $21.38, but now confront three stacked resistance levels that may define the next move. According to Seeking Alpha
The Edinburgh Worldwide Investment Trust (EWIT) has generated a near 950% return on its long-held investment in Elon Musk’s Space Exploration Technologies, better known as SpaceX, underscoring one of the most successful private-market bets in its portfolio. The investment has also become a focal point in a growing dispute with the trust’s largest shareholder, activist
As 2025 draws to a close, stablecoins are stepping out of the shadows of cryptocurrency speculation and emerging as central instruments in the evolving landscape of global finance. Once considered fringe assets, these digital tokens are now at the heart of debates about monetary sovereignty, regulatory oversight, and the modernisation of payment systems. At press
The UNI price held steady at $6 on Sunday as investors reacted to the latest token burn after the recent token burn. Uniswap’s token was up by 25% from its lowest point this year. This article explores what to expect with the UNI token in the coming days. Uniswap burns 100 million tokens One of
The global wheat market is breathing a sigh of relief as supply forecasts have been significantly upgraded, though a recent price rally, fueled by speculation, has kept traders on edge. A recent report from Commerzbank AG highlighted the contrasting factors currently influencing the commodity. The German bank expects wheat prices to rise again by the