SpaceX has drawn investor demand of about $150 billion for its IPO, about double the $75 billion it is seeking to raise, said two people familiar with the matter on Friday.
California, New York and other U.S. states are preparing a lawsuit to block Paramount Skydance’s $110 billion acquisition of Warner Bros , sources familiar with the matter told Reuters on Friday.
U.S.-traded chipmakers plunged on Friday, losing over $1 trillion in market value, with deep losses in AI heavy hitters including Nvidia , Micron Technology and Advanced Micro Devices , as Broadcom’s weak report earlier this week reverberated across Wall Street.
Wall Street tumbled on Friday as semiconductors extended their selloff while a robust employment report fueled fears of a hawkish policy pivot from the Federal Reserve.
It was mid-morning when Aduke Balogun noticed a masked man in military fatigues walking towards her children’s school. Minutes later, gunfire erupted, more gunmen appeared and residents fled.
SpaceX’s entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion.
Iran has reaffirmed support for its Lebanese ally Hezbollah and demanded that Israel withdraw from southern Lebanon, underscoring complications facing an interim deal to end the broader conflict between the U.S. and Iran.
The quiet Texas cattle town of La Pryor has become ground zero in the fight against screwworm after the first U.S. case in decades was detected there, prompting a livestock quarantine and putting ranchers and pet owners on edge.
The first confirmed case in the U.S. during the latest outbreak represents a serious challenge for ranchers and could cause beef prices to rise further.
Following the first confirmation of screwworm, a flesh-eating parasite, on a U.S. farm in decades, federal and state officials have fanned out in South Texas, where a calf was found infested this week.