SpaceX shares drop below debut price before jumping amid $600bn sell-off
SpaceX shares dip below debut price, erasing $600bn in value before recovering 2.4 percent amid tech market turbulence.
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Oil prices continue slide amid hopes for peace, opening of Strait of Hormuz
Brent crude drops to lowest price since early March, before signing of framework deal to end US-Israel war on Iran.
Robinhood slashes workforce by 10 percent amid restructuring
CEO Vlad Tenev said while the firm is in a strong financial position, it has been a ‘heavily-layered organization’.
US stock market jumps as US-Iran deal stirs hopes for end to energy turmoil
Benchmark S&P 500 rises 1.7 percent, while tech-heavy Nasdaq jumps 3.1 percent.
US fuel prices to take ‘months’ to normalise after US-Iran deal to end war
Producers will need time to ramp up output, while port bottlenecks and heightened demand will keep US prices up.
Britain announces sweeping social media ban for under-16s
PM warns social media platforms are exposing children to content that is ‘dangerous’ and ‘designed to be addictive’.
Stock markets soar, oil falls as US and Iran announce framework to end war
Asian stock markets surge as Washington and Tehran announce breakthrough in talks to reopen Strait of Hormuz.
Why is the price of gold trending down?
Gold has been under pressure since the US and Israel launched a war against Iran in late February.
Sam Bankman-Fried loses appeal to overturn fraud convictions and prison
If the former crypto billionaire loses all remaining avenues, he would be eligible for release in 2044.
SpaceX IPO debuts in US markets, Musk becomes world’s first trillionaire
The landmark listing cemented Musk’s status as the first trillionaire and propelled SpaceX into ranks of most valuable.
Elon Musk poised to make history as world’s first trillionaire
SpaceX’s record-breaking IPO catapults Musk to unprecedented wealth amid rising angst over global inequality.
