Global shortage of memory chips fueled by AI boom threatens automakers, medical device makers, US business groups say.

SpaceX plans $75 billion IPO, valuing company at $1.77 trillion in record-breaking offering

SpaceX, Elon Musk's rocket and satellite company, announced on Wednesday it plans to raise approximately $75 billion in an initial public offering, valuing the company at $1.765 trillion. The offering of 555.6 million shares at $135 each would surpass Saudi Aramco's record $25.6 billion IPO in 2019.

High fuel costs drive more Indians to buy electric cars, but challenges remain.

High fuel costs are driving more Indians to purchase electric vehicles, though challenges persist.

Benchmark raises $2B across two new funds, including a $1.25B growth fund, its first late-stage vehicle after decades of early-stage focus, WSJ reports.

Benchmark has raised $2 billion across two new funds, including a $1.25 billion fund for late-stage investments, its first growth fund after decades of focusing on early-stage startups, according to the Wall Street Journal.

Argentina's central bank tops $10B dollar purchase target, fueled by record harvest and energy boom.

Argentina's central bank surpassed its $10 billion target for dollar purchases in the first half of 2026, driven by record crop harvests, an energy boom, and increased debt issuance by provinces and local companies.