Jun 10, 2026 | Markets
Veteran short seller James Chanos said SpaceX’s blockbuster public debut is being driven more by investor enthusiasm for Elon Musk and artificial intelligence than by financial fundamentals, arguing the company’s valuation is difficult to justify on any reasonable...
Jun 10, 2026 | Markets
Wall Street was rattled by a renewed selloff in some of the world’s largest technology companies, with stocks also falling as a flare-up in geopolitical tensions lifted oil prices. Those worries drove the S&P 500 to a five-week low, with the benchmark dropping...
Jun 10, 2026 | Markets
KEY POINTS German company Neura Robotics has raised a round of up to $1.4 billion, the company said on Wednesday. U.S. tech giants including Tether, Qualcomm, Amazon and Nvidia all participated in the round. Robotics companies have raised $55.8 billion so far in 2026,...
Jun 10, 2026 | Markets
A “constipated” private equity industry must compromise on price to shift assets built up in the boom era, and some buyout houses could disappear altogether, senior executives say. The reckoning is one of several major challenges confronting private markets as...
Jun 10, 2026 | Markets
New York City Comptroller Mark Levine says the unprecedented control that Elon Musk will have over SpaceX represents a new level of disregard for regular shareholders’ rights. “I understand that we are in an era of founders wanting more control,” Levine said in an...
Jun 9, 2026 | Markets
Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade. As a result, analyst Ohsung Kwon said the “sugar rush” behind the...