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“Guardians of Hormuz” sends oil higher

"The U.S.A. will be, from this point forward, known as 'THE GUARDIAN OF THE HORMUZ STRAIT,'" Trump said....

Why SK Hynix listed in the US

SK Hynix’s Nasdaq listing raised US$26.5 billion last week, the largest US listing by a foreign company. Its shares have since risen more than 15.5% above the US$149 offering price....

Today’s markets: SpaceX, EUR, Spain

SpaceX shares closed at $148 on Wednesday, remaining below their initial trading price of $150 for a second consecutive session. Meanwhile, Jeff Bezos' Blue Origin......

The rotation trade – day 100

The Dow pulled back from record highs on Tuesday, while the Nasdaq fell 1% as investors rotated out of chip stocks and into sectors including large-cap technology....

SpaceX’s AI device: real or vaporware pump?

The Wall Street Journal reports that SpaceX has shown insiders a prototype of a handset-like AI device. It sounds like a phone, or at least something close to one....

Why US data matters for USD/JPY & Nikkei

USD/JPY has climbed above 162 as the gap between US and Japanese interest rates continues to favour the US dollar....

Is RKLB overpaying for IRDM to catch up with SPCX?

Rocket Lab shares jumped nearly 17% during Monday afternoon trading after announcing that it has agreed to buy Iridium Communications in an $8 billion cash-and-stock deal....

Will Musk say anything to regain $1T  status? 

Elon Musk became the world’s first trillionaire when SpaceX was listed on the Nasdaq on June 12. One gets the feeling that this status matters to Musk....

SpaceX erases nearly all paper gains

SpaceX fell 16% on Monday, marking its biggest single-day loss since listing and extending a three-day selloff that has pushed shares down nearly 24%....
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