Trending in Finance
SpaceX, OpenAI, and Anthropic Prepare Historic Trillion-Dollar IPO Wave
SpaceX IPO Oversubscribed as BlackRock Joins $350 Billion Frenzy
Elon Musk Becomes World’s First Trillionaire Following Historic SpaceX IPO
SpaceX Makes Historic Nasdaq Debut in Record $75 Billion IPO
All Finance Stories
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China Hits Overseas Brokers with $330M in Fines to Stem Capital Flight
Beijing slashes down on illegal cross-border trading, fining offshore brokers $330 million to curb an unprecedented $1 trillion capital outflow in 2025.
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Ramp hits $44B valuation in $750M funding round
Ramp's valuation surged to $44 billion after a $750M Series F round, signaling institutional confidence in AI-powered financial infrastructure.
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US Money Market Fund Assets Surge to Record $8.2 Trillion
A $66 billion weekly inflow sends US money market fund assets to an all-time high, driven by month-end rebalancing and rate hike fears.
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Think Tank Resists Canada Recession Label Despite Technical Data
Canada's economy shrank for two quarters. The C.D. Howe Institute says it's not a recession yet.
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Japan's $73.5B Yen Intervention Fails to Halt Slide
Japan's record currency intervention yields only a temporary bounce as the yen drifts back toward 160 per dollar, with implications for global carry trades and crypto markets.
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Spacex Shatters Ipo Norms With 25% Retail Allocation In $75B Listing
Spacex is allocating up to 30% of its record $75 billion IPO to retail investors, far exceeding typical institutional-focused deals.
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Fed's Daly: AI Shows 'Green Shoots' in Productivity, But Not Yet in Economy
San Francisco Fed President Mary Daly reports AI-driven productivity gains at select firms but not yet economy-wide, drawing parallels to electricity's adoption curve.
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AllianzGI in Exclusive Talks to Buy UOB Asset Management for $467M
Allianz Global Investors is in exclusive negotiations to acquire UOB Asset Management from Singapore's United Overseas Bank for up to S$600 million.