Individual investors in the SpaceX IPO hoping to quickly sell their shares for a profit face stricter conditions than large funds over the practice known as flipping – and risk losing access to hot future listings such as OpenAI and Anthropic if they run afoul of these limits.
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Shares of SpaceX rose more than 6% before the bell, and were set to extend gains after a blockbuster debut last week that pushed the company’s valuation past $2 trillion and into the ranks of Wall Street’s most valuable companies.
Fox Corp is buying Roku in a cash-and-stock deal valued at about $22 billion in a bet that pairing its sports and news programming with a top TV streaming platform will strengthen its position as audiences shift online.
Ensuring the Strait of Hormuz is safe from mines could delay a return to normal shipping traffic by weeks following a deal to reopen the waterway, shipping and maritime security sources say.
The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk’s rocket, internet and AI firm that may bring volatility.
A U.S.-Iran peace framework sends oil down around 4% and lifts equity futures.
Discussing next steps on Iran will be one of several issues the leaders will wrestle with.
Negotiations for a Western trading bloc are stumbling over concerns about the plan’s cost.
Authorities in southern Lebanon warned people displaced by three months of war between Israel and Hezbollah against rushing home on Monday despite a U.S.-Iran deal to end the wider conflict, as Israel said it would not withdraw troops from the south.
War in the Middle East pushed the yen to the brink of multi-decade lows and prompted the government to prop it up — a peace deal, however, won’t pull it back from the precipice.