SpaceX IPO on Nasdaq reportedly exceeds subscription expectations, signaling strong investor demand for the private space company's public debut.
SpaceX's initial public offering on the Nasdaq is reported to have exceeded expectations for subscriptions.
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Space X to close IPO books Wednesday after market close, source says.
Space X announced it will close IPO books on Wednesday after market close.
Fitch forecasts global oil and gas oversupply to return in Q4 2026, pressuring prices lower.
Fitch predicts global oil and gas market oversupply will resurface in Q4 2026, leading to lower prices.
Fitch forecasts Brent crude at $100-110/bbl in June-July amid Hormuz closure, then falling to ~$70/bbl by September.
Fitch predicts Brent crude will remain at USD 100-110 per barrel in June and July during Hormuz closure, then drop to around USD 70 per barrel by September.
South Korea's KOSPI plunges over 8% as SK Hynix, Samsung lead AI stock rout. RBC Brewin Dolphin analyst says uncertainty over memory chip demand cycle persists but revenues may support higher valuations.
South Korea's KOSPI index fell by over 8% as chipmakers SK Hynix and Samsung joined a tumble in AI stocks. Janet Mui of RBC Brewin Dolphin says traders don't know if memory chip demand is cyclical or in a supercycle, but chipmakers' revenues could justify valuations moving higher.
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