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How the Rich Spread the Risk
Barrons.com53d agoneutral
How the Rich Spread the Risk

More rich Americans are seeking residency and citizenship programs abroad than any other nationality, says Basil Mohr-Elzeki, head of private clients Americas at London migration specialist Henley & Partners. Demand from U.S. clients nearly doubled last year. Henley notes in a report that nearly half its U.S. clients are pursuing European programs—led by Portugal and Italy—while others are split between Latin America and the Caribbean, which offer quicker paths.

Bloomberg53d agoneutral
Stocks Slide as Focus Shifts to Iran Deal Hurdles: Markets Wrap

(Bloomberg) -- Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the significant hurdles that remain to secure a lasting agreement.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s

Tim Draper Says Elon Musk Made The World See SpaceX Differently Just Like He Did With Tesla And PayPal: 'Opened Our Minds…'
Benzinga53d agoneutral
Tim Draper Says Elon Musk Made The World See SpaceX Differently Just Like He Did With Tesla And PayPal: 'Opened Our Minds…'

Venture capitalist Tim Draper praised SpaceX’s (NASDAQ:SPCX) record initial public offering as a defining moment for Elon Musk and private innovation, saying the listing showed how founders can force industries to imagine a different future. Draper Says Musk Revived Transportation And Space "My take on @SpaceX going public: $75 billion raised. Largest IPO in history. Stock up 19% on day one," Draper wrote on X, referring to Space Exploration Technologies Corp. He said Musk "brought new life to t

Jim Cramer sends a stern message to SpaceX buyers
TheStreet53d agobullish
Jim Cramer sends a stern message to SpaceX buyers

Every generational stock reaches a moment where its biggest fans start watching the tape with one eye closed. The story is still good. The buying is still frantic. And somewhere in the back of the room, a few people who own the dream begin asking how much of tomorrow has already been priced into ...

Nobel-winning economist has stark Bitcoin warning for SpaceX bulls
TheStreet53d agoneutral
Nobel-winning economist has stark Bitcoin warning for SpaceX bulls

When Elon Musk's spaceflight and artificial intelligence (AI) company SpaceX made its public debut on June 12, the first thing that caught the attention of the crypto community was the firm's large Bitcoin (BTC) holdings. With 18,712 Bitcoin on its balance sheet as of March 31, ...

Morgan Stanley (MS) Buys Into UK Rentals With £1.045b Metra Living Deal
Simply Wall St.53d agobullish
Morgan Stanley (MS) Buys Into UK Rentals With £1.045b Metra Living Deal

Morgan Stanley Investment Management and Ridgeback Group agreed to acquire Metra Living, the PRS business of London & Quadrant Housing Trust, for £1.045b. The deal expands NYSE:MS into UK residential rental assets at a time of housing supply constraints in key urban areas. Morgan Stanley is also playing a major role in a multibillion dollar bond refinancing for SpaceX following its historic IPO. For investors tracking Morgan Stanley, these moves highlight how NYSE:MS uses its asset...

SpaceX Is Officially Investment Grade
The Wall Street Journal53d agoneutral
SpaceX Is Officially Investment Grade

Moody's Ratings assigned Elon Musk's SpaceX a Baa1 rating late Thursday. The grade puts the space-exploration company comfortably in investment grade status--three notches above speculative grade, or "junk"--helping keep borrowing costs down if SpaceX wants to sell bonds on the public market.