SpaceX’s Mega-IPO Puts a Price on the Fear of Missing Out

Elon Musk has turned science fiction into reality for the better part of two decades, making believers rich and earning the benefit of the doubt from many on Wall Street. Away from rockets and electric cars, his companies are bending reality on another plane –...

How Attack on UAE Shows Nuclear Plants’ Vulnerability in War

A drone strike near the United Arab Emirates’ only nuclear power plant has underscored the fragility of the Iran war ceasefire and vulnerability of such civilian energy infrastructure. Barakah is the Middle East’s largest nuclear power plant, located around 280...

Iranian Media Said US Offered Interim Waiver on Oil Sanctions

An Iranian media outlet reported that the US proposed a temporary waiver of sanctions on the Islamic Republic’s oil, a key demand by Tehran to agree to a peace deal and reopen the Strait of Hormuz. The US hasn’t confirmed offering a waiver, which would be in place...

Yield Surge Puts Logic Behind Stocks Rally to the Test

Equities are showing signs of resilience even as yields jump. Market Snapshot Brent crude oil futures $110.48 +1.1% S&P 500 futures 7,395.50 -0.5% US 10-year Treasury yield 4.60% +0.01 Stoxx Europe 600 Index 604.42 -0.4% Hang Seng Index 25,675.18 -1.1% South Korea...