Goldman Sachs Research predicted above-consensus GDP growth for India in 2026 citing easier financial conditions and healthier balance sheets.
Category: Business
SpaceX Prices Record-Breaking IPO at 135 Dollars Per Share Raising 75 Billion Dollars
SpaceX confirmed pricing of its IPO at $135 per share raising $75 billion in the largest initial public offering in history.
OpenAI Partners with Oracle Cloud to Give Enterprise Customers Access to AI Models
OpenAI announced enterprise customers can now access its AI models and Codex via existing Oracle Universal Credits on Oracle Cloud Infrastructure.
Nasdaq Recovers Some Ground After Shedding Over 7 Percent From All-Time High
The Nasdaq Composite clawed back some losses after declining more than 7 percent from its record high set on June 1.
Anthropic and OpenAI IPOs Expected to Follow SpaceX as Next Major Listings
The SpaceX IPO is the first of three major AI-driven company listings expected in 2026 with Anthropic and OpenAI also preparing to go public.
Retail Investors Allocated 30 Percent of SpaceX IPO in Unprecedented Consumer Offering
A significant 30 percent retail allocation in the SpaceX IPO made June 11 one of the most-watched financial events for retail investors in 2026.
India’s Current Account Deficit Forecast to Widen to 37 Billion Dollars in 2026
Goldman Sachs projected India’s current account deficit would expand to $37 billion in 2026 driven by higher non-oil imports.
Shell CEO says Strait of Hormuz blockade has led to unprecedented global energy disruptions
The head of Shell warned of severe impacts noting that Asian nations are facing fuel rationing as oil shipments through the strategic strait dry up.
SpaceX prepares for its IPO amid Bitcoin’s market struggles
Investment reports indicate SpaceX is finalizing preparations for an initial public offering as institutional interest remains high despite crypto volatility.
Pershing Square Holdings Ltd Announces Transactions in Own Shares
Pershing Square Holdings announced it executed stock buyback transactions on the London Stock Exchange to improve long-term shareholder value.