Science and Tech

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

By Nell Mackenzie LONDON, June 12 (Reuters) - Hedge funds sold out of the biggest U.S. tech stocks, and some…

June 12, 2026

Data centres under scrutiny in US amid fears about health and energy

As AI drives the growth of data centres, people worldwide fear the immense resource consumption, environmental impact and disruption involved. Many…

June 12, 2026

Analysis-SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

By Eduardo Baptista and Samuel Shen BEIJING/SHANGHAI, June 12 (Reuters) - SpaceX's record $75 billion IPO is poised to supercharge…

June 12, 2026

Exclusive-U.S. bank regulators ramp up scrutiny of AI use at financial companies

By Nupur Anand NEW YORK, June 12 (Reuters) - U.S. banking regulators are stepping up scrutiny of how lenders deploy…

June 12, 2026

After record IPO, Musk's SpaceX faces next test in market debut

By Manya Saini, Echo Wang and Niket Nishant June 12 (Reuters) - SpaceX is set to begin trading on Nasdaq…

June 12, 2026

Vietnam police bust group planning large-scale online scam centre

HANOI, June 12 (Reuters) - Vietnamese police have busted a group suspected of trying to establish a large-scale online scam…

June 12, 2026

SpaceX IPO makes Elon Musk the world's first trillionaire

By Manya Saini and Niket Nishant June 12 (Reuters) - Few business leaders have been as deeply embedded in popular…

June 12, 2026

SpaceX IPO Propels Elon Musk to Trillionaire Status, a Historic First for Global Wealth

A highly anticipated IPO of SpaceX has reportedly boosted the net worth of Elon Musk to the trillion-dollar mark, making…

June 12, 2026

TSMC boss frets about shortages of talent, water in Taiwan

TAIPEI, June 12 (Reuters) - The head of Taiwan's TSMC, the world's largest contract chipmaker, said on Friday that what…

June 12, 2026

Musk's SpaceX prices record $75 billion IPO at $135 a share

By Echo Wang NEW YORK, June 11 (Reuters) - SpaceX on Thursday priced the biggest-ever U.S. initial public offering at…

June 12, 2026