Tag: Wall Street
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The new oil? Inside the effort to turn AI computing power into a tradeable commodity
AI compute futures could eventually rival some of the world’s largest commodity markets, Silicon Data’s Carmen Li believes.
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CFTC chair Selig defends decision to approve ‘perps’ in U.S.
Michael Selig said that incumbents will always fear the future, but it’s important to develop the new asset class domestically rather than only offshore.
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SpaceX set to extend rally after record Wall Street debut
June 15 : Shares of SpaceX rose more than 6 per cent in early trading on Monday, adding to gains after a blockbuster debut last week that pushed the company’s valuation past $2 trillion and cemented its position among the world’s most valuable companies.CEO Elon Musk said on Sunday that SpaceX could bring in
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SpaceX IPO leaves retail investors with too few shares and a tough hold-or-sell decision
Those who did receive stock are taking different approaches, with some selling into the company’s market debut while others are holding for the long haul.
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Wall Street stocks rise on US-Iran accord
While the US and Iran have characterised key elements of their agreement differently, the announcement has prompted a retreat in oil prices.
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SpaceX doesn’t have a timeline for its human missions to Mars. Kalshi traders say don’t expect it this decade
Traders on prediction market platform Kalshi see only an 18% chance the Elon Musk-led company gets to Earth’s neighbor by 2030.
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Ron Baron bought $1 billion of SpaceX shares in IPO, lifting stake to $25 billion
“I think we’re gonna make hundreds of billions of dollars,” Baron said Monday on CNBC’s “Squawk Box.”
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Oil drops to $80 a barrel and markets rise as Trump touts Iran deal
Oil prices traded over 5% lower on Monday morning after US President Donald Trump announced the completion of the deal with Iran and the reopening of the Strait of Hormuz.
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Charlie Javice reportedly seeking a pardon from Trump
Javice founded a startup called Frank that JPMorgan acquired in 2021 for $175 million.
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SpaceX starts trading after the largest public offering in history
Elon Musk’s SpaceX began trading on the Nasdaq this Friday under the ticker SPCX, following a record $75bn (€65bn) capital raise that valued the AI and space firm at about $1.78 trillion (€1.54trn).
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