3h ago
SpaceX aborts Starship Flight 13 launch after four Raptor engines fail to ignite
SpaceX scrubbed the Starship Flight 13 attempt after an automated abort triggered when four Raptor engines failed to ignite with three seconds left in the countdown, leaving the rocket on the pad. The setback came days after the US Federal Aviation Administration completed its review of a prior booster return failure and cleared the company to proceed with the flight. SpaceX shares closed at $131.11, slipping below the IPO price for the first time and extending a roughly 13% decline since the stock joined the Nasdaq 100.
3h ago
4h ago
Reliance Industries set for Q1FY27 results as revenue is seen up 17.3% and profit down 10.1%
Reliance Industries is due to report its Q1FY27 earnings for the April–June quarter. Estimates call for revenue to rise 17.3% year on year, while net profit is expected to fall 10.1%. O2C EBITDA is projected to increase 12%, but the oil and gas segment may see EBITDA down 11.3% year on year due to the West Asia conflict. Reliance Retail and Jio are expected to sustain double-digit growth, with a Jio IPO aimed at retail investors among key points in focus.
4h ago
7-1
India silver price falls 2.21% on July 1, 2026 to ₹223 per gram
India’s silver price on July 1, 2026 stood at ₹223 per gram, down 2.21% on the day. The decline was attributed to a stronger U.S. dollar and rising U.S. Treasury yields weighing on non-yielding assets, alongside expectations of further U.S. Federal Reserve tightening. WTI crude rebounded to $70.13 per barrel as geopolitical concerns resurfaced after Iran refused to hold direct talks with U.S. officials, raising worries about the stability of a Middle East ceasefire.
7-1
6-23
SpaceX clinches $6.3 billion AI compute pact with Reflection AI as shares shed more than $600 billion in three sessions
SpaceX has signed a $6.3 billion computing-services agreement with open-source AI startup Reflection AI. The deal comes as SpaceX shares slid sharply, erasing more than $600 billion in market value over three trading days. Investors have focused on plans for a first-ever $20 billion corporate bond issue, a 2025 net loss of $4.9 billion, a further $4.28 billion loss in Q1 2026, and a $60 billion all-stock bid for Cursor that has fuelled expansion concerns. MSCI has assigned SpaceX a CCC ESG rating, keeping attention on financial sustainability rather than the company’s longer-term narrative.
6-23
6-23
Musk’s fortune falls $300bn as SpaceX shares slide 16.4% and nearly $928bn in value is erased from June 16 peak
SpaceX shares fell 16.4% on Monday to $155, dropping below the $160 IPO closing price and retreating more than 31% from the June 16 high. The selloff cut SpaceX’s market value from $2.99 trillion to roughly $2 trillion, wiping out nearly $928 billion. MSCI assigned the company a CCC ESG rating as SpaceX announced a bond offering and pressed ahead with its Cursor acquisition. The report also noted that Nvidia GB300 chips are used for AI training and that SpaceX’s $6.3 billion computing deal with Reflection AI is tied directly to Nvidia hardware supply.
6-23
6-23
The Indian pipe maker quietly fuelling the US LNG and Data center boom
印度管道制造商Welspun Corp FY26营收1677亿卢比(+20%),EBITDA 237亿卢比(+41%),调整后净利润增长42%;订单总额2535亿卢比,约三分之二来自美国市场,主要受益于LNG出口基础设施、数据中心配套燃气电力管道及油管更新需求。公司同时在沙特推进产能建设,FY27指引营收2000亿卢比、EBITDA 285亿卢比。该文属公司基本面进展报道,不构成对LNG、Oil或natgas等大宗商品的直接价格催化剂。
6-23
6-23
SpaceX down 10%: Why did Elon Musk’s company stock crash after stellar listing?
SpaceX股价单日下跌10.44%,延续IPO后回调,已基本回吐上市初期全部涨幅。公司确认启动首笔未披露规模的高级无担保票据发行(市场预期约200亿美元),用于偿还桥贷;同时,多轮 insider 股份解锁将于8–9月集中释放,潜在可售股份达总股本44%,而当前自由流通股仅占4.2%。尽管获Reflection AI 63亿美元AI算力订单及指数纳入预期,但供给冲击主导短期定价。
6-23
6-22
Goldman Sachs cuts second-half gold outlook on delayed Fed cuts and weaker ETF inflow expectations
Goldman Sachs has lowered its second-half gold forecast after shifting its view on US monetary policy, with the bank now expecting the final two rate cuts to be delayed until 2027 and the Federal Reserve dropping forward guidance. The call also reflects a reduced outlook for inflows into gold-backed ETFs, while a 60-day US-Iran path to a final peace deal has eased geopolitical risk and softened safe-haven demand, according to Bloomberg. Central-bank buying remains supportive, with the World Gold Council estimating purchases of 244 tonnes in Q1 2026, but the bank said the new rate path is weighing on prices.
6-22