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NYSE:LLY 20 July 2025 - 8 August 2025

Global Business Pulse: Markets Juggle Tariffs, Rate Cuts & Mega-Deals (Aug 7–8, 2025)

Global Business Pulse: Markets Juggle Tariffs, Rate Cuts & Mega-Deals (Aug 7–8, 2025)

The United States imposed 100% tariffs on imported chips and electronics Aug. 7, sending Apple shares up 3%. Dow Jones fell 0.5%, S&P 500 slipped 0.1%, and Nasdaq hit a record, while Eli Lilly dropped 14% on weak drug data. The Bank of England cut rates for a fourth time, lifting the pound 0.7%. Paramount Global and Skydance completed an $8.4 billion merger.
From Foldable Phones to Moon Missions: The Biggest Tech News Roundup (July 29–30, 2025)

From Foldable Phones to Moon Missions: The Biggest Tech News Roundup (July 29–30, 2025)

Samsung unveiled the Galaxy Z Fold7 at $1,999 and the Flip7 FE at $899, with the Fold7 26% thinner and 10% lighter than last year’s model. Opera filed an antitrust complaint in Brazil against Microsoft over Edge’s default status. Sony sued Tencent, alleging Light of Motiram copied Horizon Zero Dawn. Figma raised its IPO price range, targeting an $18.8 billion valuation.
Blast-Off Breakthroughs: Fusion Lasers, Space Feats & Tech Triumphs in Weekend Roundup (July 19–20, 2025)

Blast-Off Breakthroughs: Fusion Lasers, Space Feats & Tech Triumphs in Weekend Roundup (July 19–20, 2025)

SpaceX launched 24 Starlink satellites from California on July 18, bringing the active constellation to nearly 8,000. Raytheon delivered OCX GPS control software to the U.S. Space Force. Senate appropriators voted to restore funding for NASA Earth science and exploration missions in the 2026 budget. China unveiled a fusion laser facility in Mianyang, about 50% larger than the U.S. National Ignition Facility.
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Stock Market Today

  • SpaceX to launch historic $1.77tn IPO, becoming largest ever debut
    June 12, 2026, 5:54 AM EDT. SpaceX is set to go public with an eye-popping valuation of $1.77 trillion, marking the largest IPO in history. Founder Elon Musk, already Tesla CEO, stands to become the world's first trillionaire if the market backs this valuation. The company combines Musk's ventures including Starlink, xAI, and social media platform X. Despite $18.7 billion in revenue last year, SpaceX remains unprofitable with a $4.3 billion operating loss. The IPO is unusual, pricing shares at a fixed $135 rather than a range, drawing high investor demand and regulatory scrutiny from Senator Elizabeth Warren. This move reflects a broader surge of AI-focused public offerings expected to reshape the U.S. stock market landscape.

Latest articles

Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

Virgin Galactic Trades Higher on SpaceX IPO Buzz, SPCE Volume Jumps

12 June 2026
Virgin Galactic soared 21.66% to $5.73 on surging volume as investors snapped up space stocks ahead of SpaceX’s IPO, with the company also redeeming $30.524 million in debt by issuing 6.7 million shares, reducing interest costs but adding dilution; after-hours trading pushed shares up another 13.26% to $6.49, even as Wall Street’s average price target remains below Thursday’s close.
Nokia shares climb 6% in Helsinki after AI network update; ADR gains too

Nokia shares climb 6% in Helsinki after AI network update; ADR gains too

12 June 2026
Nokia shares surged over 6% in Helsinki and 5% in New York after unveiling an agentic AI framework for its Network Services Platform, fueling investor focus on AI and cloud growth; despite the rebound, Nokia’s ADR remains 19% below its 52-week high, with lighter-than-average trading volume.
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