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Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom
As Elon Musk prepares for what will likely be the biggest listing in history, some top-tier bankers assisting with SpaceX’s public debut are lining up to sing Musk’s praises ahead of the big day.“It’s been an extraordinary 24 years watching Elon grow over time, and now making a massive leap into the future,” Dimon said during the event. The interview…
Tech stocks lead market bloodbath as fears of Fed rate hikes add to worries about the AI-fueled chip boom petering out
Stocks tumbled Friday as a selloff that began earlier in the week over fears about the AI boom’s longevity was compounded by worries about rate hikes from the Federal Reserve.The Labor Department’s monthly tally showed employers added a net 172,000 jobs last month, nearly double Wall Street forecasts. Prior months were also revised sharply higher, indicating the labor market was…
The Class of 2026: Meet the 12 companies making their Fortune 500 debut
Making the Fortune 500 list is no small feat, yet every year a fresh group of companies elbows its way in by displacing incumbents and reshuffling the ranks of American corporate power. To make it on the list of the top 500 companies in the U.S. by revenue, a company has to meet strict requirements, including a minimum of $7.5 billion…
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Nvidia’s Stock Soars After Record Earnings and AI Chip Demand Surge
The tech world is abuzz after chipmaker Nvidia (NVDA) released a stellar…
India Revs Up EV Industry: New Policy to Attract Investment
Buckle up, India! The Indian government has shifted into high gear with…
UBS Recommends European Stocks Over US: A Shift in Investment Strategy
In a surprising shift, investment banking giant UBS urges investors to focus…
US Stock Market Watch: Earnings Season Spotlight on Walmart and Market Trends
It's a pivotal week for the US stock market as earnings season…
Chinese EV Makers Brace for Impact: Potential US Tariffs Shake Industry
Chinese electric vehicle (EV) makers feel the shockwaves of a potential US…
Understanding the Recent Turbulence in the Indian Stock Market: Causes and Strategies
The Indian stock market has witnessed a period of turbulence, with the…
Namdev Finvest Secures $15 Million in Series B Funding for Expansion Plans
Jaipur-based non-banking financial company (NBFC) Namdev Finvest has secured a fresh infusion…
AWS Invests $9 Billion in Singapore: Boosting Cloud Infrastructure and AI Development
Amazon Web Services (AWS), the company's cloud computing behemoth, has announced a…
RBI Keeps Repo Rate Steady at 6.5%: Impact on Indian Economy and Markets
The Reserve Bank of India (RBI) opted to maintain its key interest rate, the repo rate, at 6.5% in its latest monetary policy committee (MPC) meeting. This decision comes as…
