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SpaceX IPO running at two times oversubscribed, sources say
NEW YORK, June 5 : – SpaceX has drawn investor demand that is about double the $75 billion it is seeking to raise next week in its IPO, or $150 billion, said two people familiar with the matter on Friday. An oversubscription rate of two times would be considered modest for most highly anticipated market…
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Strong US job growth beats expectations in May, firming recent gains
WASHINGTON: US job growth surged past expectations in May with the unemployment rate remaining steady, as the labour market in the world’s largest economy showed signs of firming after months of turbulence.Wall Street stocks traded lower on the news, with investors expecting a strong labou
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Google to pay SpaceX $920 million a month for compute capacity at xAI data centers
Ahead of a planned IPO, SpaceX inked a deal to rent compute capacity to Google for $920 million per month for 32 months.
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From Nescafe to Ted Lasso: Anthony Head’s life in pictures
Anthony Head, who first came to public attention for his role in 1980s Nescafe ads, has died at the age of 72.
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Ex-US government who stashed $40m in gold bars at his home to remain in jail
The former CIA official has been charged with theft of public funds relating to timesheet claims he made.
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‘AI is now the leading reason companies give for cutting jobs,’ says new report—what that means for workers
Many companies are “changing how they are allocating resources” in response to AI, according to Glassdoor chief economist Daniel Zhao.
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Meta’s stock sinks on report company could raise tens of billions of dollars to fund AI push
Meta shares dropped after the Financial Times reported that company could potentially raise tens of billions of dollars in a stock offering to help its AI push.
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SpaceX is set to be a ‘seminal event’ for the stock market next week. Here’s what’s ahead
What the first of several trillion dollar companies going public will mean for a stock market that’s already at all-time highs.
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How Antoni Gaudí Shaped Barcelona
Gaudí’s Sagrada Família is one of Barcelona’s defining landmarks. Plus: Germany’s largest Hindu temple, and Poland’s favorite comfort food, bigos.
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Resolute Zverev reels in Mensik to set up French Open final against Cobolli
PARIS, June 5 : Alexander Zverev moved to within touching distance of a long-coveted maiden Grand Slam title, as the German dismantled 26th seed Jakub Mensik 7-5 6-2 3‑6 6-3 on Friday to reach the final of the French Open again.The 29-year-old, who has lost three major finals, including one at Roland Garros
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