SpaceX’s historic debut on Nasdaq sparked a classic “capital siphon” effect, triggering a sharp sell-off across other space stocks.As billionaire Elon Musk’s rocket company soared past a $2 trillion valuation, institutional and retail investors trimmed their holdings to free up liquidity and initiate positions in SPCX shares.According to KeyBanc’s senior…
The Nikkei 225 Index continued its strong rally this week, even after the Bank of Japan (BoJ) hiked interest…
The Hang Seng index retreated on Tuesday and remained in a correction after China released a weak economic report.…
Asian stocks struggled for direction on Tuesday as investors moved past the first burst of optimism over a preliminary…
While a US–Iran deal to reopen the Strait of Hormuz may ease geopolitical tensions, auto repair shops in Tokyo…
The DAX index jumped this week, reaching a high of €25,000, its highest point since June 2nd. This rebound…
Alibaba is moving deeper into robots and AI agents, marking a sharp turn in the artificial intelligence race that…
The FTSE 100 Index has underperformed its global peers this year. It has jumped by just 5.7%, while the…
Shares of SpaceX (SPCX) surged more than 10% in premarket trading on Tuesday, extending a blistering post-IPO rally and…