SpaceX valuation hinges on uncertain AI economics, says Professor Aswath Damodaran
After Elon Musk’s SpaceX completed its market debut, veteran valuation expert Aswath Damodaran has warned that the company’s…
Gold Falls as Hawkish Fed Stokes 2026 Interest-Rate Hike Wagers
(Bloomberg) — Gold fell after Federal Reserve officials left interest rates unchanged while signaling the possibility of higher…
SpaceX Set to Overtake Amazon in Value as It Soars for Third Day
(Bloomberg) — SpaceX jumped for a third straight day on Tuesday, putting it on track to overtake Amazon.com…
Chinese Economy Stuck in Slow Lane as Consumption Heads for Drop
(Bloomberg) — China’s consumer spending may have contracted for the first time since the pandemic, a setback that…
As SpaceX Makes Musk Trillionaire, Some Dissent on NYC’s Streets
(Bloomberg) — In New York City, the heart of financial capitalism, there were plenty of signs of excitement…
Bitcoin Bottom Hunters Are Eyeing Up AI Frenzy, SpaceX IPO
(Bloomberg) — Bitcoin’s rebound this week from the depths of despair below $60,000 has reignited a familiar Wall…
SpaceX’s $100 Billion Order Book Is Tiny Versus Hot Chinese IPOs
(Bloomberg) — Elon Musk’s SpaceX made history with the biggest initial public offering of all time, but there’s…
Gold Resumes Pullback as Fed Hike Bets Build, Technicals Weaken
(Bloomberg) — Gold resumed declines as traders focused on the prospect of prolonged energy-market tightness despite Israel and…
China Preps $295 Billion Plan to Fund Nationwide AI Buildout
(Bloomberg) — China is preparing to spend around 2 trillion yuan ($295 billion) over the next five years…
Gold Steadies as Traders Weigh US-Iran Attempts to End Attacks
(Bloomberg) — Gold steadied after Iran signaled an end to its current military operations against Israel, potentially removing…
Treasuries Drop as Jobs Data, Iran Tensions Fuel Rate Hike Bets
(Bloomberg) — Treasuries fell as investors ramped up bets that the Federal Reserve will need to raise interest…
JPMorgan Turns Rosy on Tesla a Day After Dimon Lauds Musk
(Bloomberg) — The morning after Jamie Dimon offered Elon Musk an audience to talk up SpaceX, JPMorgan Chase…