SpaceX is planning a major step towards going public. The rocket company aims for an initial public offering in the latter half of next year. This move could include its Starlink satellite internet service. This comes as SpaceX is reportedly kicking off a new share sale, potentially valuing it at $800 billion.Read More
Pramod Gubbi of Marcellus Investment Managers expects India’s IT sector to recover in 2026 as valuations turn attractive and global rate cuts revive tech spending. He sees earnings momentum improving across consumption, healthcare and lenders, supported by domestic stimulus and stable flows.Read More
The U.S. dollar dipped as traders anticipated a Federal Reserve rate cut next week, with nearly 90% probability priced in. Soft labor data and dovish central bank remarks fueled expectations for reductions. Meanwhile, the yen firmed on speculation the Bank of Japan might raise rates this month.Read More
The Federal Reserve’s upcoming meeting is set to be highly debated. Policymakers are divided on an expected interest rate cut. Investors are watching closely for signals on the Fed’s future policy direction and internal dynamics. Economic data has eased fears of labor market deterioration, fueling rate cut expectations. The market anticipates a quarter-point cut.Read More
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