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SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets
Bloomberg83d agoneutral
SpaceX Hype Spurs Crypto Shadow Market for Pre-IPO Bets

(Bloomberg) -- As SpaceX edges closer to what could be the largest initial public offering in history, a corner of the crypto market is already pricing the debut — and recent history suggests the numbers are worth watching.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to

Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state
Reuters83d agoneutral
Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state

U.S. chipmaker Intel and 3DGS Inc. ‌USA will invest about $3.3 billion ‌to set up a substrate manufacturing plant ​in the eastern Indian state of Odisha, the Indian government said on Friday. • Substrates ⁠are the bedrock material on which elements of a semiconductor device ​are attached. • ​New Delhi ​has pledged billions ‌of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push to build ‌more products locally.

Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise
24/7 Wall St.83d agoneutral
Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise

Larry Kudlow spent Wednesday evening on Fox Business arguing that the economy is stronger than headlines admit. “The Trumpian economy is absolutely booming as is the stock market,” he said, listing the receipts: an Atlanta Fed nowcast pointing to 4.3% real GDP growth in the second quarter, core goods prices up only 1.1% excluding food ... Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise

Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
24/7 Wall St.83d agoneutral
Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan

Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan

UnitedHealth to Reduce Pediatric Prior Authorizations
The Wall Street Journal83d agoneutral
UnitedHealth to Reduce Pediatric Prior Authorizations

UnitedHealth Group plans to stop requiring doctors to get approvals for an array of pediatric procedures, tests and services, further cutting back on a process that has long been detested by physicians and patients.

Could SpaceX & other mega IPOs crowd out the stock market?
Yahoo Finance Video83d agoneutralVIDEO
Could SpaceX & other mega IPOs crowd out the stock market?

Deutsche Bank chief global strategist Binky Chadha joins Yahoo Finance to explain how mega initial public offerings (IPOs) from Anthropic (ANTH.PVT), SpaceX (SPAX.PVT), and OpenAI (OPAI.PVT) could affect the broader markets (^DJI, ^GSPC, ^IXIC).

Steve Liesman: Fed Pivots to Inflation Fight Under Incoming Chair Warsh
24/7 Wall St.83d agoneutral
Steve Liesman: Fed Pivots to Inflation Fight Under Incoming Chair Warsh

Jerome Powell passed the Federal Reserve gavel to Kevin Warsh while the committee appears to be drifting opposite to where the incoming chair has historically wanted to go. That is what CNBC’s Steve Liesman walked through, citing remarks from two Fed presidents speaking overseas and a voting governor speaking the day before. Austan Goolsbee was ... Steve Liesman: Fed Pivots to Inflation Fight Under Incoming Chair Warsh

Bloomberg83d agoneutral
Uber Plans $49 Shuttle for New York-New Jersey World Cup Matches

(Bloomberg) -- Uber Technologies Inc. will offer a new ride-sharing service for the FIFA World Cup tournament, shuttling fans home for less than $50 each. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceUS, Iran Agree to 60-Day Truce Renewal Pending Trump SignoffSpaceX Said to Cut IPO Valuation Goal to at Least $1.8 TrillionThose attending game

Mark Cuban Sold Bitcoin—Strategy CEO Says He Simply Found The 'Next Best Thing'
Benzinga83d agoneutral
Mark Cuban Sold Bitcoin—Strategy CEO Says He Simply Found The 'Next Best Thing'

Strategy Inc. (NASDAQ:MSTR) CEO Phong Le pointed out the differing strategies between traders and long-term investors on Thursday, responding to Mark Cuban's recent decision to sell his Bitcoin (CRYPTO: BTC). Jumping To The ‘Next Thing’ During a Fox Business interview, Le was asked about the billionaire investor’s move, which surprised many in the cryptocurrency community. After all, Cuban is the same person who once aggressively endorsed Bitcoin as a hedge against inflation, only to sell “most”

In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz
Reuters83d agoneutral
In China, AMD CEO Lisa Su is understated while Nvidia's Huang is more razzmatazz

When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower ‌profile than Jensen Huang, who drew crowds in the centre of the capital as he posed for photos and ate local delicacies like Beijing-style soybean paste noodles. Just a year ago at the annual Computex trade show in Taipei, Huang ​said Nvidia's market share in China had dropped to 50% from 95% due to U.S. export controls. Since then, that has effectively fallen to zero, he said this year, amid Beijing's push for self-reliance in advanced AI chips.

Key Themes to Watch at Asia’s Biggest AI Tech Show
Bloomberg83d agoneutral
Key Themes to Watch at Asia’s Biggest AI Tech Show

(Bloomberg) -- Nvidia Corp.’s Jensen Huang leads a parade of AI computing leaders in Taiwan for Asia’s biggest technology showcase, Computex. Over a jam-packed week, the hardware linchpins of the post-ChatGPT era will debate the most pressing issues facing their industry, from growing bottlenecks in the supply of essential components like memory chips to the rise of challengers to Nvidia at the apex of the semiconductor hierarchy.Most Read from BloombergSingapore Hands Byju's Founder His First E