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SpaceX Stock Crashes Below IPO Price as Rinehart’s A$700m Gain Evaporates
SpaceX shares dropped below their US$135 IPO price, erasing US$903 billion in value. Australian billionaire Gina Rinehart’s estimated A$700m profit from the June listing has been wiped out.
Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
SBI Funds Management IPO Closes At 41.73x Subscription; Allotment Date Set For July 17, How To Check Status
SBI Funds Management IPO subscription closed today, July 16, 2026, at 5:00 p.m., recording 41.73 times overall demand. The Qualified Institutional Buyers category led the charge, subscribing 140.11 times its allotted portion. With bidding now complete, investors are turning to the next milestone: allotment, scheduled for Friday, July 17, 2026. The ₹9,812.91 crore issue was…
FIFA Investigates Argentina Over Falklands Banner After England Win on July 16
FIFA is investigating Argentina’s players for holding a banner with the slogan ‘Las Malvinas son Argentinas’ after their World Cup semifinal victory over England. The UK government urged action against the political display.
Uber (NYSE: UBER) to Acquire Delivery Hero (ETR: DHER) in $14.8 Billion Cash Deal
On 16 July 2026, Uber (NYSE: UBER) announced a $14.8 billion cash offer to acquire Delivery Hero (ETR: DHER), one of the biggest food delivery acquisitions ever announced. If the deal goes through, Uber will expand its delivery business across dozens of international markets and strengthen its position in an increasingly competitive industry. Investors reacted…
Reagan National Airport Halts 126 Flights for Iraqi PM Security on July 15
Reagan National Airport halted 303 flights and canceled 126 more on July 15 due to security measures for Iraqi PM Ali al-Zaidi’s White House visit during wartime talks with President Trump.
House GOP Ends Weeks-Long Blockade After Conservative Rebellion Over Voter ID Bill
House Republicans ended their weeks-long blockade after Speaker Johnson agreed to attach the SAVE America Act voter ID bill to appropriations legislation, allowing votes on State Department funding and veterans benefits.
Reagan National Airport Halts 126 Flights for Iraqi PM Security on July 15
Reagan National Airport suspended flights from 11 a.m. to 3 p.m. ET on July 15, canceling 126 flights and delaying over 300 others due to security measures for visiting Iraqi Prime Minister Ali al-Zaidi.