Elon Musk's SpaceX is planning a $75 billion initial public offering that would dwarf the previous record set by Saudi Aramco. The company, valued at approximately $1.8 trillion at the offering price, would list with Musk holding over 80% voting power through dual-class shares, according to an updated SEC filing.
Micron just delivered the strongest quarter in its history. Yet shares remain far below their June high. Here’s what’s driving the disconnect—and whether the pullback is worth a closer look.
London, May 25 (Reuters) – Britain experienced its hottest May day ever recorded on Monday, with the mercury climbing to 34.8°C in west London, according to the Met Office. The historic heatwave, which also broke a public holiday record, has raised fresh concerns about the accelerating impact of climate change on seasonal weather extremes.
Viasat (NASDAQ:VSAT) reported a record backlog of $4.1 billion and positive free cash flow of $597 million for fiscal 2026, while executives outlined plans to capitalize on new satellite capacity, defense technology programs, and a shared space infrastructure venture.
New provisional CDC data shows the U.S. age-adjusted death rate fell to about 689 per 100,000 people in 2025, the lowest in over a century, suggesting life expectancy likely hit another record high. Declines in drug overdose deaths and post-pandemic recovery are major drivers, though experts warn that persistent disparities and stagnation among middle-aged adults remain concerns.
TTM Technologies posted record first-quarter fiscal 2026 results, fueled by robust data center demand and a hefty aerospace & defense backlog. The stock has rallied 27.45% in the past month and 168.97% year-to-date, yet it now trades above the analyst fair value of $170, raising concerns that future growth may already be priced in. This article explores the balance between continued momentum and emerging risks.
Nanoform Finland PLC (FRA:4YL) reported record first-quarter revenue and gross margin, alongside a significant exclusivity agreement that advances its biologics strategy and long-term growth targets.
Otis Worldwide (OTIS) delivered mixed first-quarter results, with margin compression and a downwardly revised profit outlook offset by a record modernization backlog and the global launch of the Otis Link MOD suite. The stock has fallen 19.6% over the past 90 days, yet trades at an estimated 28% discount to intrinsic value and nearly 30% below analyst targets. This analysis examines whether the current price reflects a buying opportunity or already prices in headwinds such as prolonged weakness in China and softening commercial real estate demand.
South Korea’s SK Hynix hit a $1 trillion market value for the first time on Wednesday, propelled by surging demand for AI memory chips, making it the third memory maker to cross the milestone alongside Samsung and Micron. Shares jumped nearly 10%, lifting the KOSPI to a record close.
Broadcom (AVGO) reported record Q2 revenue of $22.19 billion and net income of $9.31 billion, yet shares fell as investors reacted to cautious next-quarter guidance and shifting sentiment around AI chips. Despite the pullback, the stock remains up nearly 10% year-to-date, and a significant valuation gap persists—with the current price well below analyst fair value estimates.
A severe heat wave gripping France has led to at least 40 drowning deaths since June 18, as residents sought relief in rivers, lakes and coastal waters. The national weather service warns of historic temperatures persisting through the week, with impacts stretching from Paris museums to British railways.
A brutal heatwave sweeping across Europe has shattered temperature records, triggered rare red alerts in the UK and France, caused widespread power cuts, forced early closures of landmarks and schools, and pushed workers to walk off the job. Scientists link the extreme weather to global warming, warning such events will become more frequent and intense.
Evertz Technologies Ltd reported record annual sales for fiscal 2026, driven by accelerated software revenue recognition and robust international demand, while managing component cost inflation and regional headwinds.
In a recorded interview played in court, Lance Twiggs told prosecutors that Tyler Robinson, the college student accused of fatally shooting conservative activist Charlie Kirk, appeared distraught and expressed regret the day after the attack.
In a seismic shift for global energy, renewable sources generated 33.8% of the world’s electricity in 2025, edging out coal’s 33% — the first time coal has not held the top spot since 1919. The milestone, driven by plunging solar costs and surging battery storage, marks the beginning of what analysts call ‘the era of clean growth.’
Former President Joe Biden filed a lawsuit Tuesday seeking to block the Justice Department from releasing roughly 70 hours of audio and transcripts from interviews with his ghostwriter, which were central to a special counsel probe into his handling of classified documents.
Apollo Micro Systems Ltd posts unprecedented quarterly revenue and outlines ambitious growth plans for air defense systems and explosives, while tackling elevated inventory levels and global supply chain disruptions.
At least 10 detainees have died by suicide since January 2025 — seven since October alone — as overall ICE custody deaths reach 48 since Trump's return, prompting international outcry and calls for reform.
Japan's population fell by a record 2.5% over five years, according to 2025 census data released Friday, deepening concerns over the world’s fourth-largest economy’s long-term demographic challenges.
Shares of business intelligence platform Domo (NASDAQ:DOMO) climbed 7.3% in afternoon trading, catching a rising tide from Snowflake’s record single-day gain and Dell’s blowout earnings that together are dismantling the bearish narrative around enterprise software.
