Business

Markets are lurching between ambition and anxiety. Elon Musk is plotting a moonshot merger that could redefine tech’s next IPO, while Washington braces for a Fed leadership shake-up that threatens central bank independence. Commodities are flashing speculative excess as copper spikes, even as crypto cracks under capital flight. From orbiting AI dreams to hard-nosed macro

Elon Musk’s SpaceX and xAI are in discussions to merge ahead of a blockbuster public offering slated for later this year, Reuters reported exclusively on Thursday. The move could reshape SpaceX’s IPO narrative and underscore Musk’s strategy to fuse satellite infrastructure with artificial intelligence computing. Yet the talks remain fluid, with no final agreement reached

Tesla stock (NASDAQ: TSLA) tumbled over 3.5% in the early trading on Monday as the electric carmaker confronts a convergence of structural headwinds. The Elon Musk-led company is going through multiple issues at once, like collapsing European sales momentum that has accelerated through January, a broad commodity-led market rout that pressured tech stocks at the

Europe started the week on a bruising note. From Whitehall belt-tightening to Paris finally muscling a budget through gridlock, policymakers are choosing survival over ambition. Markets are exhaling, but only briefly. Meanwhile, Tesla’s European brand damage looks structural, not cyclical, and Wall Street’s once-frothy obesity-drug trade is sobering up fast. This bulletin cuts through the

Elon Musk said on Monday that SpaceX has acquired his artificial intelligence group xAI, tying together two of his most ambitious ventures as he seeks to build increasingly powerful AI systems backed by vast computing infrastructure. Financial terms were not disclosed, but the combined entities are valued at just over $1 trillion based on recent

Asia-Pacific markets rallied on Tuesday as investors reacted to a reported breakthrough in US-India trade talks, while risk sentiment was also shaped by volatile crypto markets, fresh political headlines from Washington, and a major deal in the artificial intelligence sector. Below are the key developments shaping global markets. Asian markets surge on US-India trade deal

French authorities have stepped up scrutiny of Elon Musk’s social media platform X after police raided its Paris offices and prosecutors broadened a long-running criminal investigation. What began as a probe into alleged algorithm abuse and data practices has now expanded to include complaints linked to the platform’s artificial intelligence chatbot, Grok, as well as

Europe’s markets and politics struck a cautious tone on Tuesday as investors and policymakers grappled with rising uncertainty. The FTSE 100 slipped from record highs as heavyweight stocks fell and traders positioned ahead of a crucial Bank of England rate decision. In France, authorities escalated scrutiny of X, raiding its Paris offices in a widening

The opening weeks of 2026 have shown a period of intense downward momentum for the digital asset market. Geopolitical tensions in the Middle East continue to escalate while global trade policies undergo a dramatic shift under the current US administration. These factors ensure that the relationship between privacy-centric cryptocurrencies and stable liquidity remains a priority