As much of the world braces for energy shortages, Elon Musk’s rocket venture is counting down to an IPO that may value ...
LONDON, April 24 (Reuters Breakingviews) - When a groundbreaking technology arrives, investors are quick to identify leaders and laggards. The artificial intelligence boom has knocked shares of ...
The $150 bln private-markets leader decried a ‘campaign’ against non-bank lending as a flagship fund for small investors faces outflows. It instead touted an all-fronts AI push, with stakes in ...
Elon Musk’s rocket and AI venture is pushing IPO hype into overdrive, claiming an addressable opportunity of $28.5 trln, ...
HONG KONG, April 23 (Reuters Breakingviews) - The low valuation suggests founder Liang Wenfeng still favours innovation over profits. A $300 mln fundraise should help retain talent, but whether ...
After nearly two months of a blocked Strait of Hormuz, the crude market has kept afloat by running down 8.2 bln barrels of inventories. So far, Asian states have shouldered most of the outright ...
BERLIN, April 23 (Reuters Breakingviews) - The economy will barely expand by 2030, despite Chancellor Friedrich Merz's 500-bln-euro fiscal stimulus. The Iran-triggered energy shock is only making ...
The startup's new release is impressive next to global rivals. The bigger feat may be DeepSeek finding ways to use Huawei's less powerful chips. It's a step forward in China’s efforts to wean ...
The $26 bln bank is catching up with Japan’s reflation and is now trading at book value. Investor worries about it stumbling into another embarrassing drama are fading. That gives CEO Kentaro ...
A $170 mln fine and a partial six-month ban in Hong Kong draw a regulatory line under the auditor's role in the bankrupt Chinese property developer. The risk now is liquidator Alvarez and Marsal's ...
Annual revenue at Tata Consultancy fell for the first time since its 2004 IPO. Wipro and HCLTech face similar strains. AI coding tools are eroding the $315 bln industry's pricing power far faster ...
Elon Musk’s rocket-maker secured the right to buy AI coding tool Cursor. It may benefit from his chip hoard. But agreeing to pay so much for a racy startup with a tough business model while hurtling ...
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