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SpaceX Is a Roaring Success. Could It Get Elon Musk Out of His Financial Jam?

Jennifer DuBois -
SpaceX is the most valuable space company in the world—and it might offer Elon Musk the key to unlocking his empire.It’s hard to...
Business

Twitter’s Encrypted DMs Are Deeply Inferior to Signal and WhatsApp

Jennifer DuBois -
Elon Musk's long-promised launch of encrypted direct messages on Twitter has arrived. Like most attempts to add end-to-end encryption to a massive existing...
Business

Icahn says a ‘blitzkrieg’ hit him

Jennifer DuBois -
Welcome to Due Diligence, your briefing on dealmaking, private equity and corporate finance. This article is an on-site version of the newsletter. Sign...
Business

Head of New Lithium Giant Building Supply Chain for Americas

Jennifer DuBois -
(Bloomberg) -- The soon-to-be chief executive of what will become the world’s third-biggest lithium producer says the new company will focus on building...
Business

Bitcoin drops on liquidity concerns, Ether dips; Polkadot leads winners; U.S. equity futures gain

Jennifer DuBois -
Bitcoin fell on Thursday morning in Asia to trade around the US$27,500 mark, after briefly breaching US$28,000 on Wednesday as U.S. inflation slowed....
Business

Here’s how the economy and the stock market could react to the 4 possible outcomes of the debt ceiling standoff

Jennifer DuBois -
The US debt ceiling showdown in Congress is fast approaching a potential early June deadline.Republicans and Democrats appear to be at an impasse...
Business

Futures Rise After Nasdaq Jumps, But Curb Your Enthusiasm

Jennifer DuBois -
Dow Jones futures rose slightly overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally closed mixed Wednesday, amid a tame...
Business

Oil prices rise on strong fuel demand data

Jennifer DuBois -
By Laura Sanicola(Reuters) - Oil prices rose in early Asian trade on Thursday after strong demand for fuels in the U.S. outweighed concerns...
Business

2 Bullish signals suggest the S&P 500 could surge 19% to record highs over the coming year, Bank of America says

Jennifer DuBois -
There are two bullish signals that suggest the stock market could trade to record highs by early next year.BofA says a bullish breakout...
Business

Nasdaq Hits 2023 High As Google Jumps. Curb Your Enthusiasm.

Jennifer DuBois -
Dow Jones futures were little changed overnight, along with S&P 500 futures and Nasdaq futures. X The stock market rally closed mixed Wednesday, amid a...
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