Chinese AI Euphoria Masks Long-Term Technological Challenges

Dec 13, 2025 | Markets

Moore Threads Technology Co.’s 425% first-day pop this month — China’s most successful initial public offering since 2019 — capped a year in which investors have grown increasingly excited about the prospects for the country’s AI chip advancement. That’s despite basic...

SpaceX Sets $800 Billion Valuation, Confirms 2026 IPO Plans

Dec 12, 2025 | Markets

SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest initial public offering of all time. In a company message seen by Bloomberg on Friday, SpaceX said it’s...

AI’s Future May Be Written in Railroads’ Past

Dec 5, 2025 | Markets

The historian A.J.P. Taylor once quipped that the only thing people learn from the mistakes of the past is how to make new mistakes. But there are nevertheless many lessons to be learned if you look in the right places. Consider the extraordinary parallels between...

German Inflation Jumps to Nine-Month High as ECB Ponders Outlook

Nov 28, 2025 | Markets

Germany’s inflation rate unexpectedly rose to the highest level in nine months, offering a reminder before the European Central Bank’s final meeting of the year that risks to price stability remain. The reading came in at 2.6% in November, up from 2.3% last month,...