Everyday investors poured money into space-related funds and infrastructure plays anticipating the SpaceX listing
Category: Business
4 Billion Dollar US Oil and Gas Lease Sale in Permian Basin Sets Record as Biggest Onshore Auction
The Interior Department announced the biggest-ever onshore oil and gas lease sale in US history in terms of revenue
SpaceX Could Seek 1.7 Trillion Dollar Valuation Making It Potentially Worlds Biggest IPO Ever
Analysts estimated SpaceX was targeting a valuation far exceeding the current record held by Saudi Aramco’s 2019 listing
Walmart Issues Worse-Than-Expected Earnings Outlook as High Gas Prices Hurt Shoppers
The retail giant’s shares fell after it disclosed a weaker full-year profit forecast due to rising fuel costs linked to the Iran war
Walmart Plans Price Cuts Using Tariff Refunds as Skittish Shoppers Seek Deals
The retailer said it would use money from tariff refunds to cut prices and retain cautious consumers
Nvidia Posts Strong Quarterly Earnings but Share Price Reaction Muted by Broader Macro Concerns
Chip giant Nvidia impressed with earnings results but its stock moved modestly amid wider market caution
Average US Long-Term Mortgage Rate Climbs to 6.51 Percent Highest Level in Nine Months
US 30-year fixed mortgage rates hit their highest point since late 2025 as bond yields rose on geopolitical concerns
Gold Futures Slip 0.38 Percent to 4518 Dollars Per Ounce as Risk Appetite Returns
Gold prices eased slightly on Friday as investors moved into equities on hopes of progress in Iran peace talks
Silver Futures Fall 1.4 Percent to 75.12 Dollars Per Ounce Amid Broad Commodities Pullback
Silver retreated alongside gold as commodity markets responded to shifting risk sentiment and dollar strength
Nearly 90 Percent of Americans Fear Prices Will Keep Rising According to New Survey
A large majority of US consumers said they expected prices to continue rising despite recent government efforts