19 May 2026
SpaceX IPO sucks Musk fans and market value from Tesla
For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. With the imminent initial public offering of Space Exploration Technologies Corp., better known as SpaceX, the market will have an additional entry point for the “Muskonomy.”
06 May 2026
Oil prices sink and stocks leap worldwide on hopes for a reopening of the Strait of Hormuz
Oil prices sank Wednesday, and stock markets rallied worldwide with hopes that the United States and Iran are nearing a deal to allow ships to deliver crude from the Persian Gulf once again to their customers.
30 Apr 2026
The trillion-dollar question: Is tech’s massive AI spending actually working?
A frenzied day of earnings reports offered a glimpse at how some of the world’s biggest tech companies are doing in artificial intelligence. The upshot: Alphabet Inc.’s Google is seeing a clear payoff from its AI spending, while Meta Platforms Inc. is lagging behind.
