Latest in SpaceX’s $350 billion private valuation signals an IPO is off the table for now
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SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - 1d -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - 1d -
Space Startups Get Government Contracts as SpaceX Explores Share Sale Valued at $350 Billion
The commercial space industry has had a rocket lit under it recently, as the government changes how it awards contracts, looking closely at new innovators.Inc. - 1d -
AT&T plans to plow $20 billion into buybacks in signal of business turnaround
AT&T’s stock is rising as the company will bring back share repurchases alongside an expected $20 billion-plus in continued dividend commitments over the next three years.MarketWatch - 1d -
BlackRock expanding in private credit, buys HPS Investment Partners for $12 billion
The deal, which is expected to close in mid-2025, comes during a boom for the private credit space.CNBC - 1d -
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GM sounds a warning on troubled China market, becoming latest carmaker to do so
GM’s 50-50 joint venture with SAIC Motor Corp. faces ‘market challenges and competitive conditions.’MarketWatch - 5h -
Here’s how investors will be affected by BlackRock’s $12 billion purchase of private-credit provider HPS
In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.MarketWatch - 1d -
Investors signal a return to UK equities
November was the first month for over three years that money came back into British stocksFinancial Times - 4h -
Citigroup’s stock beckons with potential Trump tariff boost and cheap valuation: analyst
President-elect Donald Trump’s potential tariffs may result in more business for the bank as clients re-evaluate trading partners and supply chains.MarketWatch - 21h -
Zelensky Signals He's Open to Negotiating a Peace Deal
In a shift, the Ukrainian president indicates he would accept a cease-fire with Russia if his country obtains NATO membership.The Wall Street Journal - 1d -
BlackRock Acquires HPS, a Major Lender of Private Credit
The world’s largest investor is buying HPS, a major provider of private credit, for $12 billion.The New York Times - 19h -
Why has this happened now?
Yoon Suk Yeol's move was spurred not by external threats but by his own desperate political troubles.BBC News - 12h -
Top tech stocks are ‘cash machines,’ so keep buying, says the dean of valuation
Aswath Damodaran, the NYU Stern School of Business finance professor, says big tech stocks are “insanely profitable,” and should be bought in case of pullbacks.MarketWatch - 1d -
Special counsel defends prosecution of Hunter Biden as more Democrats signal discomfort with pardon – live
Special counsel David Weiss hit back at Biden’s assertion that his son has been unfairly prosecuted. Biden criticized by some supporters for pardoning son Hunter What is a presidential pardon ...The Guardian - 1d -
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With Threats to Encryption Looming, Signal’s Meredith Whittaker Says ‘We’re Not Changing’
At WIRED’s The Big Interview event, the president of the Signal Foundation talked about secure communications as critical infrastructure and the need for a new funding paradigm for tech.Wired - 22h -
Despite Pops From Reddit and Astera Labs, the Sluggish IPO Market Dragged On in 2024
In going public, StubHub swung and missed, Reddit connected, but otherwise it was a whole lot of nothing.Inc. - 2d -
Slurpee and an IPO, please: 7-Eleven parent Seven & I may list North American business, report says
Japan’s Seven & I Holdings Co., fending off a takeover bid, may list its North American 7-Eleven convenience stores in an initial public offering as part of a management-led takeover bid, according ...MarketWatch - 3h -
How Private Funds Could Hurt Americans Under Trump
The fund managers who backed Donald Trump’s candidacy have welcomed his victory with calls for new directions in policy.The New York Times - 22h -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - 4h -
Treasury yields slip after ISM’s services reading drops for November
U.S. government debt rallied on Wednesday, sending yields lower, after the Institute for Supply Management’s survey of service companies for November reflected anxiety over incoming-President ...MarketWatch - 1h -
Trump nominates Jared Isaacman, private astronaut and Shift4 CEO, for NASA chief
President-elect Donald Trump on Wednesday nominated Jared Isaacman to be NASA Administrator.CNBC - 1h -
Billionaire who performed the first private spacewalk is Trump's pick to lead NASA
President-elect Donald Trump has tapped a tech billionaire who performed the first private spacewalk to lead NASAABC News - 49m -
Trump taps billionaire private astronaut Jared Isaacman as next NASA chief
Jared Isaacman, 41, the founder and CEO of Shift4 Payments, has emerged as a leading figure in commercial spaceflight.CBS News - 45m -
Trump taps billionaire and private astronaut Jared Isaacman to lead Nasa
Aerospace defense firm founder was first civilian to walk in space and led first flight 0f all-private crew of astronauts. A billionaire entrepreneur who led the first flight of an all-private ...The Guardian - 17m -
What now for Scotland and Martinez Losa?
With two play-off final defeats on his watch, Scotland head coach Pedro Martinez Losa is under scrutiny, but under contract until the next World Cup, writes Amy Canavan.BBC News - 8h -
Broncos see off Browns to strengthen play-off hopes
Watch highlights as the Denver Broncos come from behind to beat the Cleveland Browns despite Jameis Winston throwing a franchise record 497-yards and four touchdowns.BBC News - 1d -
Billion-dollar future: Dodgers deferred pay at $1B
New contracts for Blake Snell and Tommy Edman increased the Dodgers' obligations for deferred payments to more than $1 billion owed to seven players from 2028-46.ESPN - 18h -
Grading NFL rookie QBs, other young signal-callers in Week 13: Bryce Young's ascension continues
The former No. 1 overall pick has looked like a completely different quarterback after returning from being benchedCBS Sports - 1d -
Supreme court’s conservative justices signal support for Tennessee ban on gender-affirming care for minors – live
Majority of justices appeared willing to uphold ban after hearing oral arguments challenging legislation. Full story: US supreme court signals support for transgender care ban Conservative ...The Guardian - 32m -
What is happening in north-western Syria and why now?
Rebels have captured a swathe of land during their largest offensive against the government in years.BBC News - 2d -
We’re all suffering from qualitynesia now
Borne along on the tide of technology, it is far too easy to forget that some things really were better quality in the pastFinancial Times - 1d -
Gazans displaced by war now face threat of winter
Palestinians displaced by the war are living on Gaza's coast, exposing them to harsh winter storms.BBC News - 1d -
Why the Syrian civil war is reigniting now
Syria's army and its allies are reported to have confronted an attack by forces affiliated with the Kurdish Syrian Democratic Forces in the north of the country. This comes after rebel fighters ...CBS News - 1d -
These are the most in-demand tech jobs hiring right now
According to LinkedIn’s latest report, software engineer, full stack engineer and application developer are in the top 10 roles.VentureBeat - 1d