SpaceX Stock Surges Amid Post-IPO Rally as Markets Eye Fed Decision
SpaceX’s shares climbed sharply after its IPO, fueled by retail enthusiasm and broader market optimism ahead of the Federal Reserve’s upcoming interest rate announcement.
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Corporate Power
Corporate Power
Paramount Skydance’s $111 Billion Warner Bros. Merger Cleared by US Justice but Faces Ongoing Challenges
The US Justice Department approved the Paramount Skydance bid for Warner Bros., yet state attorneys general and international regulators continue scrutinizing the merger, keeping its fate uncertain.
Trade & Tariffs
Chinese Memory Makers Launch 48 GB DDR5 Kits Using Domestically Produced 24 Gb Chips
Gloway and KingBank unveil 48 GB DDR5 RAM kits built from Chinese-made 24 Gb chips, signaling reduced dependency on global memory giants like Samsung, Micron, and SK Hynix.
Markets & Macro
Warsh Confronts Inflation and Political Pressure in Early Fed Leadership
Kevin Warsh begins his Federal Reserve chairmanship amid persistent inflation, a stable labor market, and intense political scrutiny, as the Fed faces crucial policy decisions.
Markets & Macro
China’s Retail Sales Decline Amid Rising Dependence on Export-Driven Growth
China’s retail sales dropped for the first time since late 2022 as exports bolster factory output but weak domestic demand and property slumps raise concerns about the economy’s uneven recovery.
AI & Tech Regulation
Stanley Woodward Takes Command of Justice Department’s Antitrust Division
Stanley Woodward assumes full authority over the DOJ’s Antitrust Division, centralizing control over major merger reviews and Big Tech enforcement under senior leadership.
Trade & Tariffs
Canada Describes USMCA Talks with Washington as Constructive amid Upcoming Review
Canada reports that negotiations with the United States on USMCA and tariffs are advancing with cooperation and respect, focusing on key sectors ahead of the mid-2026 review.
Corporate Power
AI Startup Expands by Acquiring Consumer Apps to Pay Users for Data Contributions
Mode Inc is growing its reach through acquisitions, aiming to pay everyday users for sharing personal data like emails and photos to train artificial intelligence.
Defense & Security
Iran and U.S. to Finalize Deal Addressing Nuclear Dispute and Sanctions Lift
Iran and the U.S. are set to sign a phased agreement that will resolve nuclear issues, lift sanctions, and include a ceasefire involving Israel and Lebanon’s Hezbollah.
Corporate Power
IREN Expands Into Europe with Acquisition of Spanish AI Data Center Developer
Bitcoin miner IREN acquires Nostrum Group in Spain, securing 490 MW of power to boost its AI cloud infrastructure and strengthen its European presence.