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SpaceX’s lofty valuation set to put ‘Elon premium’ to test

SpaceX’s landmark listing this week is set to test the “Elon premium” that has made Tesla one of the most highly valued U.S. companies and a ​must-have among retail investors.

June 9, 2026
News

Netflix names longtime director Jay Hoag as chairman, succeeding Reed Hastings

Netflix appointed lead independent ​director Jay Hoag as chairman of ‌its board, succeeding Reed Hastings, who stepped down from the board of the streaming service he ​co-founded nearly three decades ago.

June 6, 2026
News

Exclusive: US states preparing lawsuit to block Paramount’s acquisition of Warner Bros, sources say

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.

June 5, 2026
News

Walmart investors reject AI workplace report as automation expands in the US

Walmart investors on Thursday voted against a shareholder proposal asking it ​to report on how its use of AI is affecting the well-being of its workforce, according to preliminary voting results from ‌the retailer’s annual shareholders’ meeting.

June 4, 2026
News

OpenAI’s Altman to urge US lawmakers not to require AI model approvals

OpenAI CEO Sam ​Altman will advocate against proposals that AI ‌developers obtain U.S. government approval before releasing new models to the public, according to a company ​statement on Wednesday, as part of a ​broader effort to shape regulation of the ⁠technology.

June 3, 2026
News

Guilty verdict against Andrew Left to shake up activist short-selling playbook

A U.S. jury’s fraud conviction of prominent investor Andrew Left this week could rewrite the playbook for activist short sellers, raising fresh questions about the line ​between legitimate market activism and stock manipulation.

June 3, 2026
News

From Meta to SpaceX: how dual-class shares keep founders in control

The dual-class share structure outlined in SpaceX’s IPO filing, which grants CEO Elon Musk outsized control, has revived one of Wall Street’s oldest debates – that of corporate governance.

May 24, 2026
News

StanChart CEO apologises for ‘upset caused’ by AI comments

Bill Winters spoke of how AI would replace “lower value” human workers.

May 24, 2026
News

Don’t fight AI, HSBC CEO tells staff as banks begin job cuts

Fears are growing among workers as banks offer more frank assessments about how AI could replace their jobs.

May 24, 2026

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