June 11 (Reuters) – Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk’s SpaceX , the Wall Street Journal reported on Thursday, citing people familiar with the matter. SpaceX is expected to raise about $75 billion in what would be the world’s largest…
General Motors (GM) shares were in the spotlight on June 10 after the automaker made significant announcements at its GM Empower event in San Francisco. Crucially, the NYSE-listed giant announced plans to enter the grid-scale energy storage market via a sodium-ion battery partnership with Peak Energy. More News from Barchart GM also committed to redirecting…
July NY world sugar #11 (SBN26) today is down -0.05 (-0.36%), and Aug London ICE white sugar #5 (SWQ26) is up +4.80 (+1.08%). Sugar prices are mixed today, with NY sugar falling to a 7-week low. Dollar strength is weighing on sugar prices, as the dollar index ($DXY) rallied to a 2-month high today. More…
Beneath the recent market slump, Ethereum () has been showing signs of growing momentum. Although the ETH price has been falling in the last week, open interest in Ethereum terms has hit a new all-time high on Binance. Also, Ethereum is approaching 200 million non-empty wallets. This bullish sign suggests a rise in ETH investor…
Most biotechs burn cash and beg for more. This one is printing it. Liquidia (LQDA) spent years as a classic biotech lottery ticket. One drug, one FDA decision, a lawsuit hanging over the whole thing. You either guessed right, or you got cut in half. That is the kind of name I usually watch from…
, and several AI winners got smoked at the same time. Coincidence, or was the largest IPO in history draining liquidity from markets? Fed and dollar narratives struggle to explain Bitcoin’s latest rout Gold, Bitcoin and AI winners sold off at the same time SpaceX reportedly attracted $250 billion chasing $75 billion of stock Excess…
The Bitcoin ecosystem continues to suffer one hit after another. In a shocking turn of events Botanix a major Bitcoin Layer-2 project, is closing its doors. Botanix has announced that users have until July 9 to withdraw their assets. This exit happens at a terrible time, arriving right in the middle of a brutal Bitcoin…
A company that hasn’t traded a single share yet is about to be worth more than the entire American aerospace industry. Think about that for a minute. Not just more than Boeing (BA). More than Boeing, GE Aerospace, and every other aerospace and defense company in the S&P 500 put together. That is what SpaceX…
BTC falls towards 60k US CPI is expected to rise to 4.2% YoY, a 3year high BTC ETF outflows & rising competition for capital BTC Technical Analysis is falling, slipping back below 63k after the U.S. launched a new wave of strikes on Iran, triggering a risk-off mood across financial markets ahead of key U.S….
Biogen’s (BIIB) biggest drugs are dying. The stock is climbing anyway. For a company whose old engine, the big multiple sclerosis names, has been winding down for years, that does not add up on the surface. So what is the market starting to see that the headlines are not? Look at what Biogen has actually…
End of content
End of content