Economy

Elon Musk’s xAI seeks $113bn valuation in $300mn share sale

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favorite stories in this weekly newsletter. Elon Musk’s xAI is launching a $300 million share sale

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.

Lasted Economy

Is the US about to screw SWFs?

The US Internal Revenue Service recently proposed changes to Section 892 of the US tax code, which could have a

Exclusive-SK Hynix speeds up new chip fab opening to meet memory demand, executive says

SK Hynix, a leading South Korean chipmaker, is taking proactive steps to address the global memory chip shortage by accelerating

Gold, silver, copper surge as explosive rally sweeps over metals market

Gold (GC=F), silver (SI=F), and copper (HG=F) have all surged to new highs on Wednesday, continuing a remarkable rally that

Cotton Showing Steady Trade on Wednesday

Cotton futures experienced a slight dip on Wednesday, with a decrease of 2 to 5 points in the front months.

MicroStrategy Just Exponentially Increased Its Bitcoin Purchases. What Does That Mean for MSTR Stock?

Bitcoin (BTCUSD) treasury and analytics company Strategy (MSTR) (formerly MicroStrategy) is taking advantage of the crypto winter by making significant

2025 home sales stuck at 30-year low with prices high and mortgages onerous

The U.S. housing market continued to struggle in 2025, marking its fourth consecutive year of decline. Sales remained stagnant at

First Solar, Inc. (FSLR): A Bull Case Theory

First Solar, Inc. is a solar technology company that provides photovoltaic solar energy solutions globally. Despite being often misunderstood by

Southeastern Freight Lines joins regional carriers moving into Mexico trade

Southeastern Freight Lines has recently announced a strategic partnership with Fletes México Carga Express to enhance cross-border less-than-truckload (LTL) services