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The cost to protect SpaceX debt against default hit a record high Thursday, extending a move sparked by US election results that raised political risks for Elon Musk’s Texas-based companies. Shares in Musk’s SpaceX and Tesla Inc. tumbled amid a broad equity market selloff, led by a rout in chipmakers.
We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.
On Thursday, Richmond Federal Reserve (Fed) President Thomas Barkin said inflation is the most important risk for the Fed right now, adding that the policy path is straightforward and that a gradual…
Q2 net profit rises 25.7 per cent to ₹489 crore as revenue grows 19.5 per cent; company plans to manufacture automotive infotainment and telematics solutions at Sri City
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Beth Hammack prefers more frequent, smaller rate adjustments, which she said reduce the risk of policy falling behind
The chipmaker projected first-quarter adjusted earnings of $2.15 to $2.35 a share as handset chip revenue fell 26% in the quarter
