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Morgan Stanley sees SpaceX stock hitting $300 as investors overlook its AI potential, Cursor deal, Starlink growth and Starship opportunity. (Photo by JUSTIN SULLIVAN / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)
Posted in Business

SpaceX stock could hit $300 as Morgan Stanley sees AI growth opportunity

SpaceX started trading publicly on June 12 with an IPO price of $135 per share. The stock opened at $150 and quickly climbed to $225…

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Bitcoin may face tougher competition from AI stocks over the next five years (Pexel/Representative image) (Pexel)
Posted in Business

Why bitcoin could lose its edge to AI stocks over the next 5 years

Bitcoin has been a major disappointment for investors over the last five years, especially when compared with the strong performance of technology stocks during the…

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S&P 500 CAPE ratio hits 41, raising concerns over high stock valuations. Here is what the market warning sign means. (REUTERS/Jeenah Moon/File Photo) (REUTERS)
Posted in Business

S&P 500 CAPE ratio hits 41: Why investors are watching this market warning sign

US stocks are having a strong year in 2026. The S&P 500, Dow Jones Industrial Average and Nasdaq Composite are all up by double digits…

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Posted in Economy

Australian regional leader to visit India; trade, investment ties in focus

Sydney: Australian regional leader Chris Minns will lead an official delegation to India later this month seeking to strengthen his state’s economic, education and cultural…

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Posted in Economy

India opens tax amnesty scheme for small taxpayers to declare select foreign assets

India’s tax amnesty scheme for small taxpayers to declare certain undeclared foreign assets opened on Sunday and will remain available until December 31, 2026, the…

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Posted in Economy

Finance ministry asks ministries to move from WPI to PPI in future contracts

New Delhi: The finance ministry has nudged all ministries and departments to move to Producer Price Index (PPI), from the current Wholesale Price Index (WPI),…

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Posted in Economy

India must strengthen shipping capacity, naval protection amid growing chokepoints: GTRI

New Delhi: With growing shipping chokepoints, India must treat maritime insecurity as a persistent trade risk and strengthen its domestic shipping capacity, trade finance, naval…

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Tiger Global Management cuts stakes in Big Tech, buys into SpaceX
Posted in Startups

Tiger Global Management cuts stakes in Big Tech, buys into SpaceX

Tiger Global Management trimmed several of its Big Tech stakes, exited Netflix, and took positions in Advanced Micro Devices and SpaceX during the second quarter,…

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Posted in Economy

India could reach $20 trillion by 2036 with 14.2% rupee growth: Equirus

New Delhi: India could reach a $20 trillion economy by 2036 if it can raise underlying rupee growth to around 14.2 per cent and achieve…

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Posted in Economy

Parliamentary panel on finance suggests task force to fill 38 vacant DIPAM positions

New Delhi, The Standing Committee on Finance has flagged the “crippling” 43 per cent vacancy in the Department of Investment and Public Asset Management (DIPAM),…

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