Trending in Finance
SpaceX Launches Landmark IPO at $135 Per Share, Valuing Company at $1.75 Trillion
SpaceX Sets Stage for Historic $75 Billion IPO, Aiming to Make Elon Musk First Trillionaire
Private Credit Redemption Surge Rattles US Asset Managers
SpaceX Sets $135 Fixed IPO Price, Eyes $1.75 Trillion Valuation
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Iceland Considers Ditching the Króna for the Euro
A new report from Iceland's Finance Ministry suggests the króna's costs outweigh its benefits, hinting at a possible shift to the euro.
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IEX Wins Court Victory Over Citadel Securities, Options Exchange Cleared for Launch
A federal appeals court rejects Citadel Securities' challenge to IEX's new options exchange, clearing the path for a 2026 launch.
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Fed's Daly: Regulation Hinders AI Productivity Gains
San Francisco Fed President Mary Daly warns state-level AI regulations burden startups and slow productivity growth, urging a focus on micro data.
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OpenAI Taps Citigroup, JPMorgan for IPO Talks
OpenAI engages Citigroup and JPMorgan for IPO discussions, signaling progress toward a potential public offering by year-end 2026.
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Lenovo Stock Doubles in May on AI Server Boom-Best Month in 27 Years
Lenovo shares surged 109% in May 2026, driven by record AI server revenue and a 479% profit leap.
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Wall Street Climbs as Crude Eases on Hopes of US-Iran Truce Extension
US stocks rose and crude oil prices fell on reports of a potential US-Iran ceasefire extension and reopening of the Strait of Hormuz.
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ServiceNow Stock Surges 14% as AI Fears Recede, Heads for Record Month
ServiceNow shares jump as optimism returns to enterprise software, with AI seen as an opportunity rather than a threat.
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SEC Moves to Scrap Landmark Climate Risk Disclosure Rules
The SEC proposes to rescind its 2024 climate disclosure rules, shifting back to traditional materiality standards for corporate reporting.