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05/06/2026
On Thursday, the offshore Chinese yuan against the US dollar was reported at 6.7769, up 34 points from Wednesday's closing in New York. Trading for the day ranged between 6.7803 and 6.7701 yuan.
Latest
2 m ago
According to sources familiar with the matter, SpaceX has informed the banks responsible for its $75 billion IPO that the company has decided to use a price of $135 per share for the initial public offering. This price was disclosed in the revised IPO documents on Wednesday. This decision indicates that Musk is determined to lead the largest IPO in history according to his own wishes, breaking away from Wall Street's traditions. Although sources emphasize that there may still be variables in this decision before the official listing. SpaceX launched its IPO roadshow on Thursday. During the roadshow, the underwriters and their banks typically collect feedback from investors, then hold a meeting the day before the stock officially trades to finalize the IPO price. Three sources described the market demand for SpaceX stock as "extremely hungry". SpaceX is expected to officially list for trading on June 12th.
3 m ago
US stocks fluctuate | Quantum computing company Quantinuum Inc (QNT.US) debuts on the US stock market, closing up 0.63%
4 m ago
El Nio brings expectations of abundant rainfall, and southern hydropower companies welcome a prosperous market.
4 m ago
Spot gold breaks through $4480 per ounce, up 0.09% intraday.
5 m ago
Uber (UBER.US) is laying off 23% of its human resources department positions, emphasizing that this round of layoffs is unrelated to AI.
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