SpaceX might soon reach a $800 billion valuation as the rocket maker has began a new secondary share sale, according to sources cited by the Wall Street Journal. In case it manages to reach the figure, SpaceX will rush ahead of OpenAI to become the most valuable private company in the US. The new valuation…
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Traditional altcoin cycles, which featured broad market rallies called “altseason,” are now a relic of the past as new crypto market dynamics set in, according to Andrei Grachev, Managing Partner of DWF Labs, a crypto market maker and investment firm. Too many tokens competing for limited capital and mindshare, a smaller number of market participants,…
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The Australian Securities and Investments Commission (ASIC), an independent government body acting as the national corporate regulator, has identified regulatory gaps in fast-growing fintech areas, especially digital assets. The regulator’s new report titled “Key issues outlook 2026” released Tuesday expressed concerns that consumers are exposed to the rapidly expanding and unlicensed crypto, payments and artificial…
Saudi Arabia has brought its East-West pipeline into full operation, pushing 7 million barrels of oil a day through the route as it works to maintain supplies following the effective shutdown of the Strait of Hormuz, a person familiar with the matter said. The pipeline, which runs across the kingdom to the Red Sea, has…
NEW DELHI: Even before Noida International Airport at Jewar commences operation, two MNCs – Panama-headquartered UETA Inc and Singapore-based Heinemann Asia Pacific – have locked horns over allotment of duty-free and retail outlets at the soon to be operationalised airport that would decongest traffic at Delhi airports.UETA on Tuesday challenged before the Supreme Court a…
A useful way to think about selling is to go back to your original reason for buying. (AI image) Selling is much harder than buying. Buying feels optimistic: you’re starting something new. Selling feels like admitting you were wrong, or that a journey has ended. Because it is emotionally uncomfortable, many investors either sell for…
