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Musk’s SpaceX adds billions in debt while cutting interestElon Musk's SpaceX has successfully issued $25 billion in investment-grade bonds, a move that consolidates debt from X and xAI while loweri...- US stocks: SpaceX draws $89 billion demand for debut high-grade bond saleSpaceX is witnessing immense investor interest, with demand reaching approximately $89 billion for its inaugural US bond sale. The company,...
- US stocks: Nvidia’s jumbo bond sale draws $85 billion of investor demandNvidia has secured approximately $85 billion in orders for its substantial debt offering, seeking to raise at least $20 billion. This immen...
- AI sore big tech cos' artificial splurge eats into stock buybacksIn a bold pivot towards the future, major tech giants are pulling back on stock buybacks to invest heavily in artificial intelligence. Thei...
- It makes sense that people see AI as GodPublic discourse increasingly frames artificial intelligence in religious, even apocalyptic terms. Podcasters, writers and tech elites like...
- Big tech's AI-fuelled debt binge raises risksBig Tech firms are borrowing heavily to fund AI infrastructure. This shift from using cash reserves worries investors. The trend signals a ...
- Another huge blow to Howard Stern: His SiriusXM show to end as $500million contract nears expiry?Howard Stern will reportedly not be back on his SiriusXM show this Tuesday, as he previously promised, following summer break. The announce...
- Trump threatened 100% tariff on movies made outside US. Here's what we knowPresident Trump is considering a 100% tariff on foreign-made films, citing national security and the need to protect the American movie ind...
- Google parent Alphabet kicks off sale of debut euro bondsAlphabet Inc. is set to raise at least €2.5 billion through a debut euro bond sale, following a $5 billion debt sale in the US. The offerin...
- New-age relationships? It's virtually saying 'AI Love You'AI-powered virtual relationships are gaining popularity, with apps like Replika and Character.ai generating significant revenue and downloa...
- Apple sells $5.25 billion in five-part dollar bond saleApple issued $5.25bn of bonds in a five-part sale as it looks to raise cash ahead of key inflation readings this week, and partly due to it...
- Big tech targets bond market for cash to buy back sinking stocksMost companies in the high-grade market spent the past decade binging on debt and pushing ratings down to the last rung of investment-grade...
- Elon Musk has a bigger problem than bots: A huge Twitter debt burdenFears are also growing that a recession could be on the horizon, which would make this an even worse time to load debt onto Twitter, as mos...
- Musk needs ‘massive loan’ or big Tesla sale to buy TwitterElon Musk’s proposed all-cash offer to buy Twitter Inc. represents about one-sixth of his $250.6 billion fortune. Yet the vast majority of ...
- Why cancer is rare in elephants decodedElephants have 38 additional modified copies (alleles) of a gene that encodes p53, a well-defined tumour suppressor, as compared to humans,...
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