Skeptics Question Whether SpaceX Is Worth $1.77 Trillion
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering. Source link
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering. Source link
MUMBAI: Zee Entertainment Enterprises is seeking to raise Rs 2,300 crore for strategic and business initiatives, nearly a year after shareholders blocked a similar attempt by the broadcaster’s promoter group to increase its stake.The company said its board would deliberate further on funding options, without specifying the instrument or timeline. The move comes as Zee…
You’re not important or lucky enough to have access to shares at the offering price, and that’s OK. Here’s why. Source link
US stock markets traded higher on Thursday, with technology and artificial intelligence (AI)-linked stocks rebounding after a volatile week, while investors continued to monitor rising geopolitical tensions in the Middle East, inflation concerns and global interest rate expectations.The benchmark S&P 500 rose 0.5% in morning trade, recovering some of the losses recorded over the previous…
Building on the country’s electric vehicle industry, Chinese companies are making robot parts at a scale and price point others can’t match. Source link
The World Bank has lowered its global growth forecast for 2026 to 2.5%, citing the economic fallout from the ongoing conflict in the Middle East, rising energy prices and heightened uncertainty across markets.In its latest Global Economic Prospects report, the lender warned that global growth could slow further to 1.3% if energy supply disruptions become…
Chad Smith, the orchestra’s president, admitted missteps in terminating Andris Nelsons’s contract but stood by the decision and won’t step down. Source link
Form 26AS and AIS are consolidated tax statements available through a taxpayer’s e-filing account. (AI image) ITR filing FY 2025-26: Form 26AS, Annual Information Statement (AIS), Form 16 are some of the most important documents that salaried taxpayers should keep handy and cross-check before filing their income tax return.First, let’s understand what Form 26AS is…
The world economy is weakening as energy prices fuel a new bout of inflation. Source link
There is new money, old money, and then the kind of money that could make someone the world’s first trillionaire!With SpaceX set to make its long-awaited Wall Street debut on Friday in what is expected to be the biggest IPO in history, that possibility may no longer seem far-fetched. If the listing goes as planned,…