Category: CNBC
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SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says
The analysts see a wide range of possibilities around xAI and find its “economic moat indeterminate.”
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Treasury yields edge higher as traders monitor Iran war latest and await economic data
U.S. Treasury yields increased Wednesday as traders await new economic data amid ongoing Middle East tensions.
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Former Barclays CEO Bob Diamond says Middle East is primed for tokenized finance
Middle Eastern banks are at an advantage as they are more agile with less worries about legacy systems, according to Diamond.
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Tesla’s China-made EV sales jump nearly 40% in May as domestic market rebounds
Sales of Tesla’s China-made electric vehicles rose by nearly 40% in May amid a broader recovery in the country’s competitive market.
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Alphabet’s $80 billion stock sale leaves Wall Street in ‘unprecedented territory,’ says Goldman’s Gutman
Goldman Sachs is acting as a joint book-running manager for Alphabet’s underwritten offerings.
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Novo Nordisk rolls out Wegovy pill in the UAE — its first market outside the U.S.
Novo’s approach to global launches will be guided by patient demand and the strength of healthcare and telehealth infrastructure, the drugmaker said.
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