Under pressure by analysts to justify its eye-popping valuation, SpaceX is diversifying beyond rockets and satellites to a seemingly innocuous but lucrative business opportunity: renting out the unused computing capacity…
Read article →For fund managers in London, New York and Tokyo, a new ritual has emerged before trading gets underway: checking South Korean stocks. Recommended Video Once a peripheral market for many…
Read article →Prediction-market trading has surged during a blowout World Cup, far outpacing the growth at traditional sportsbooks and driving home the competitive threat that companies like Kalshi now pose to the…
Read article →For decades, U.S. markets have sold themselves to the world on a simple promise: Though investors may not be equal in size, they get the same core facts. But two…
Read article →As of 5:45 a.m. Eastern Time on July 20, 2026, oil sold for $88.22 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s $2.78 lower than…
Read article →At 6 a.m. Eastern Time on July 20, 2026, the price of Bitcoin (1 BTC) is $64,199.13. That marks a $331.62 decrease from yesterday morning—and more than a $53,100 fall…
Read article →At 6 a.m. Eastern Time on July 20, 2026, the price of Ethereum (1 ETH) is $1,864.82. That marks a 16-cent decrease from yesterday morning—and approximately a $1,900 fall compared…
Read article →It’s a fine June day in New York City. Bill Ackman peels off his suit jacket in the afternoon sunshine, and hands it to a chauffeur parked outside his office…
Read article →Jersey Mike’s is heading to the public markets with a valuation that far outstrips recent restaurant IPOs, setting up a key test of investor appetite for high-growth franchise chains. Recommended…
Read article →Welcome to this week’s Fortune Gulf Brief. We’ll be covering: From truce to turmoil: Hormuz traffic plunges as U.S.-Iran conflict reignites Saudi-backed Lucid Motors taps restructuring firm in latest cost-cutting drive Uber’s $14.8 billion acquisition puts Gulf champion Talabat in the…
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