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Dan Ives and Trump family-linked securities group launch AI bank, because why not?
Ives and Yorkville. Name a more iconic duo
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SpaceX sell-off wipes $800bn from Musk’s rocket group
Stock trades below $135 for first time since AI and space conglomerate’s Wall Street debut in June
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Oil traders warn market is close to running on empty as Hormuz shuts again
Stockpiles that acted as shock absorbers early in Iran war are running low as key waterway closes once more
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Stripe and Advent make $53bn bid for PayPal
Offer by payments start-up and private equity group comes at 28% premium to Tuesday’s closing share price
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ASML raises forecasts as AI boom drives chipmaking demand
Shares climb 7% as Dutch company strikes bullish tone on durability of AI boom
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China reports lowest GDP growth in more than 3 years
Second-quarter figure falls below annual target range as monthly indicators highlight economic pressures
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Trump is driving another nail into the coffin of US science
Under proposed reforms, political appointees will review grants to ensure they “advance the President’s priorities”
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