United States’ SpaceX soars in record Nasdaq IPO

 

United States – SpaceX began trading on the Nasdaq on Friday under the ticker symbol SPCX after completing the largest initial public offering in history, raising $75 billion (€65 billion) and valuing the company at about $1.78 trillion (€1.54 trillion). The listing marks a major transition for Elon Musk’s firm...

London miner Phoenix Copper announces deeply discounted share issue

 

In London on Thursday, Phoenix Copper Limited said it plans to raise about £2.3 million gross via a placing and subscription of roughly 460 million new ordinary shares at 0.5 pence each, a 54.5% discount to Tuesday’s 1.1 pence closing mid-market price. Net proceeds of about £2.0 million will be...

Detroit-based Ford marks quality milestone amid recalls

 

Ford Motor Company, based in Detroit, is moving to shed its reputation for leading the U.S. in vehicle recalls and quality problems, which have weighed on earnings and customer trust for much of the past decade. CEO Jim Farley told CNBC in an interview this week that the company has...

Dallas exchange launches trading, challenges Wall Street dominance

 

DALLAS — The Texas Stock Exchange (TXSE) is set to launch trading on Monday, July 6, 2026, marking a rare new entry into the U.S. equities marketplace and a direct challenge to the longstanding dominance of the New York Stock Exchange and Nasdaq. The Dallas-based startup, backed by about $120...

United States chip stocks tumble after Anthropic plans

 

United States and European markets saw sharp declines in semiconductor shares after reports that Anthropic has begun early-stage development of its own artificial intelligence chips and entered talks with Samsung Electronics about potential manufacturing using its 2-nanometer process and advanced packaging. Anthropic has not yet determined the processor’s precise use...

United States tech rout follows Meta AI cloud move

 

United States – Meta Platforms’ announcement that it will build its own cloud business and sell excess artificial-intelligence computing power triggered a sharp global sell-off in semiconductor shares on Wednesday. The Philadelphia Semiconductor Index dropped 6.3%, leading declines in U.S. technology stocks and dragging the broader market lower, while the...

United States scrutinizes Apple talks with blacklisted Chinese chipmakers

 

Apple Inc. is in negotiations to purchase memory chips from Chinese semiconductor makers ChangXin Memory Technologies and Yangtze Memory Technologies, both listed by the U.S. Pentagon as supporting Beijing’s military development, according to Bloomberg sources. The chips would be used in Apple devices sold in China, and no U.S. approval...

Pembina approves power plant and joins pipeline initiative

 

Calgary, Canada — Pembina Pipeline on July 2 approved a final investment decision to construct the C$4.6 billion Greenlight Electricity Centre, a 932‑megawatt gas‑fired plant in Sturgeon County to power an unnamed hyperscale data centre, and concurrently entered a non‑binding heads of agreement to participate in a proposed one‑million barrels‑per‑day...

USDA Funds Domestic Fertilizer Expansion Amid Supply Concerns

 

United States. The USDA announced this week that it will make $500 million available through the new Fertilizer Investment & Expansion for Long-Term Domestic Supply (FIELDS) Program to support construction and expansion of domestic fertilizer production facilities, aiming to strengthen the nation’s fertilizer supply chain and improve long-term affordability for...

United States blocks USMCA renewal, starts termination countdown

 

United States – The Trump administration has declined to renew the United States-Mexico-Canada Agreement (USMCA) by the mandatory July 1, 2026 review deadline, activating the trade pact’s sunset mechanism and starting a ten-year countdown toward possible termination of the $2 trillion North American free trade zone. The decision, announced after...