SpaceX stock value drops $600B in 3 days after initial launch
Shares of Elon Musk’s SpaceX have been choppy Tuesday following a three-session selloff that wiped out more than US$600 billion from the company’s market value. …
Continue ReadingShares of Elon Musk’s SpaceX have been choppy Tuesday following a three-session selloff that wiped out more than US$600 billion from the company’s market value. …
Continue ReadingSpaceX officially launched as a publicly traded company Friday morning, and Elon Musk’s company carries the largest valuation ever seen for a Wall Street debut. …
Continue ReadingWall Street is clawing back some of its steep losses from Friday, as stocks swept up in the artificial-intelligence boom bounced back on Monday. …
Continue ReadingWall Street’s strength followed manic swings in the oil market, where prices surged overnight on worries that the Iran war will affect the flow of crude for a long time. …
Continue ReadingLower oil prices help bring down costs for all kinds of businesses, and the price for a barrel of Brent crude to be delivered in June fell 4.6% to settle at US$94.79 Tuesday. …
Continue ReadingThe mixed movements followed a whirlwind of action in the war over the weekend, including an entry into the fighting by Houthi rebels in Yemen. …
Continue ReadingThe S&P 500 fell 1.7% to close its worst week since the war with Iran began, while Wall Street’s five-week losing streak is its longest in nearly four years. …
Continue ReadingThe main U.S. indexes were on track to open higher on Monday after President Donald Trump said he would order the military to postpone strikes against Iranian power plants. …
Continue ReadingThe price for a barrel of benchmark U.S. crude shot up 8.5 per cent Thursday to settle at US$81.01 per barrel, the highest level since the summer of 2024. …
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