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SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention
NEW YORK, June 3 : SpaceX publicly set a $135 price for shares in its initial public offering on Wednesday, upending the longstanding Wall Street price-discovery apparatus and underscoring Elon Musk’s determination to raise record sums his way. The company’s decision to publish a price a week ahead of its
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Mourinho lined up for Real return if Perez wins election
MADRID, June 3 : Jose Mourinho will return to manage Real Madrid if Florentino Perez wins the club’s presidential election on Sunday, the sitting president confirmed on Wednesday as he campaigns for another term at the helm of the LaLiga club.Perez, facing renewable energy entrepreneur Enrique Riquelme in the
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NASA announces end of long-operating Mars probe’s mission
WASHINGTON, May 29 : NASA announced on Tuesday the end of the mission of its MAVEN spacecraft, which spent more than 11 years orbiting Mars to study the atmosphere of Earth’s planetary neighbor, after losing contact with the robotic probe six months ago.MAVEN, short for Mars Atmosphere and Volatile Evolution,
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Arnaldi through to semi-finals as fellow Italian Berrettini retires injured
PARIS, June 3 : Matteo Arnaldi came out on top in an all-Italian clash at the French Open to reach his maiden Grand Slam semi-final after his opponent Matteo Berrettini retired injured while trailing 7-5 5-2 on Wednesday.Berrettini, who needed a medical time out for what appeared to be hip pain after three ga
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Exclusive-Honeywell’s Quantinuum raises $1.68 billion in US IPO as quantum computing heats up, source says
June 3 : Honeywell’s Quantinuum raised $1.68 billion in its U.S. initial public offering after pricing shares at $60 apiece, a source familiar with the matter said on Wednesday, as investors flocked to one of the market’s fast-growing emerging technology sectors.Broomfield, Colorado-based Quantinuum sold 28 m
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Trading Day: War clouds and tech wobbles
ORLANDO, Florida, June 3 : Escalating tensions in the Middle East and a wave of profit-taking in AI and tech shares cast a long shadow over markets on Wednesday, depressing the price of stocks and bonds while lifting the dollar and oil. In my column today, I look at why Japan may be “in the…
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Algeria score late to upset Dutch with surprise away win
ROTTERDAM, June 3 : Winger Anis Hadj Moussa scored on his home ground to give Algeria a surprise 1-0 away win over the Netherlands in their World Cup warm-up on Wednesday.Hadj Moussa, who plays for Dutch club Feyenoord, cut in off the right wing and struck a powerful shot into the far corner four minutes…
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Sabalenka ousted by Shnaider as shocks continue to rock French Open
PARIS, June 3 : Aryna Sabalenka was dumped out of the French Open on a windy Wednesday at Roland Garros as Diana Shnaider staged an inspired comeback to beat the world number one 3-6 7-5 6-0 and further blow open the draw heading into the semi-finals.In a tournament that has already witnessed several shocks,
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Bitcoin falls 4% to over three-month low
June 3 : Bitcoin, the world’s largest cryptocurrency by market value, on Wednesday fell 4 per cent to $64,721.39, the lowest since February 28.
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Thursday’s big stock stories: What’s likely to move the market in the next trading session
The S&P 500 snapped a nine-day winning streak on Wednesday as rising Treasury yields and oil prices kept stocks under pressure.
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