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ASX:KLS 14 September 2025

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s Space Boom: How a Tiny Country Became a Satellite Powerhouse

Luxembourg’s space sector reached about 80 companies and 1,650 employees in 2024, up from 16 firms in 2012. The government pledged €301 million for the GovSat-2 satellite in 2025 and maintains the EU’s highest space budget share. Space activities generated 1.7% of GDP in 2023. Laws since 2017 grant private firms rights to mined space resources.
14 September 2025
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Stock Market Today

  • Sensex Retreats After Early Gains Amid Oil Price Surge on Trump’s Iran Warning
    May 21, 2026, 4:31 AM EDT. The Indian stock market reversed early gains on Thursday as the Sensex fell about 200 points and the Nifty dipped nearly 30 points. The initial rally saw the Sensex jump over 600 points, bolstered by defence, realty, and media sectors. However, crude oil prices surged past $105 per barrel following U.S. President Donald Trump's warning of a possible harsh move if Iran rejects a deal. This stoked fears of renewed geopolitical tensions and energy supply risks, causing market volatility. Rising oil prices concern Indian investors due to potential inflation, a wider trade deficit, and pressure on fuel-import-dependent sectors.

Latest articles

Intel Stock Just Snapped Back — Why Wall Street Is Chasing the Chip Comeback

Intel Stock Just Snapped Back — Why Wall Street Is Chasing the Chip Comeback

21 May 2026
Intel last traded at $118.96, up 7.4%, as chip stocks rebounded ahead of U.S. market open. The move followed analyst price target hikes and renewed focus on AI-related demand for CPUs. Nvidia forecast $91 billion in second-quarter revenue and announced an $80 billion buyback, but its shares fell in after-hours trading. The next U.S. market holiday is Memorial Day, May 25.
EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

EasyJet Share Price Alert: Fuel Shock Puts Summer Rebound Under Pressure

21 May 2026
EasyJet shares fell 0.6% to 344.9 pence in early London trading after the airline posted a £552 million first-half loss and warned of an uncertain full-year outlook due to higher fuel costs and weaker summer bookings. The company is 72% hedged on fuel but remains exposed to spot prices, which have surged after the Iran conflict. Bookings for the second half are 58% sold, reflecting shorter lead times.
Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

21 May 2026
Antonio Gracias, founder of Valor Equity Partners, holds about 7.3% of SpaceX’s Class A stock, valued at roughly $91.6 billion at a $1.5 trillion valuation, according to a regulatory filing. The same filing disclosed over $20 billion in AI infrastructure lease obligations tied to Valor-linked entities. SpaceX is targeting a $1.75 trillion IPO valuation, with a possible June 12 Nasdaq debut.
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