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Aswath Damodaran, a finance professor at New York University, says he understands why some people are starting to pay for SpaceX, but “the price is too high for my taste.” As Elon Musk’s company prepares for a blockbuster public market debut this week, Damodaran shared his valuation analysis on his blog. SpaceX is targeting a price of $135, valuing it at $1.77 trillion, but Damodaran values the company at between $1.25 trillion and $1.35 trillion. While some call the high valuation overhyped, others are focused on the numbers. This professor, also known as the “evaluation director,” falls into the second…
Earnings season has come to an end for the club name, but that doesn’t mean the excitement is over. This week is packed with market-moving inflation data and two important corporate events. Apple’s Worldwide Developers Conference begins its five-day session on Monday, with Apple expected to unveil its new conversational Siri assistant that leverages Google’s powerful Gemini artificial intelligence model. CEO Tim Cook will deliver one last major AI update to Apple’s ecosystem before handing over the reins to incoming CEO John Ternas. The meeting took place amid a strong showing, with the iPhone maker’s stock price up more than…
Other Broadway veterans and newcomers nominated at this year’s ceremony include Nicholas Christopher and Hannah Crews for Chess, Sam Tutti and Christiani Pitts for Two Strangers, Joshua Henry and Casey Levy for Ragtime, Shoshana Bean for The Lost Boys and Andre De Shields for Cats: The Jellicle Ball. Meanwhile, “The Lost Boys,” “Schmigadoon!,” “Titanic,” and “Two Strangers” are destined to compete for Best Musical, while “Little Bear Ridge Road,” “Revelation,” “Giant,” and “The Bastards” are up for Best Picture. The first award of the night, presented by Cole Escola and Maya Rudolph, went to Lithgow, who won Best Actor in…
If the facts change, I have to change too. I learned that by reading legendary British economist John Maynard Keynes, and it has never steered me wrong. I was very bullish on this market because scary things are happening with artificial intelligence. And with a new Federal Reserve Chairman named Kevin Warsh in office, he wanted to lower interest rates to support growth in light of a frozen housing market and an underclass suffering from rising gas prices, declining health care, and reduced free food stamps. As I always do, I made this decision by visiting the top 20 public…
summary Yawata City Mayor Shoko Kawada (35) plans to take maternity leave. She is believed to be the first sitting mayor to step away from the role of caring for a newborn. Her decision highlights Japan’s struggle with work-life balance and the lack of legal protections for elected officials. AI-generated summaries were reviewed by CNN editors. Japan’s youngest elected female mayor is making history again by taking time off to become a first-time mother. Shoko Kawada, 35, the mayor of Yawata, Kyoto Prefecture, has announced that she will take maternity leave to coincide with the birth of her upcoming child…
The footballer has had a special heart-starting device implanted since he collapsed during a match in 2021.Published June 7, 2026June 7, 2026Danish footballer Christian Eriksen has regained consciousness after collapsing on the pitch during a friendly match against Ukraine, the Danish Football Federation announced in a post on social media.”Christian Eriksen is conscious and doing well given the circumstances,” the federation said in a statement regarding X on Sunday, adding that the friendly had been cancelled.Recommended stories list of 3 itemsend of listAbout 20 minutes into the second half of the game, Eriksen collapsed to the ground. The crowd fell…
Traders work on the floor of the New York Stock Exchange (NYSE) on May 27, 2026 in New York City.Spencer Pratt | Getty ImagesStock futures fell Sunday night after Iran reportedly fired a missile at Israel, endangering a fragile cease-fire and raising uncertainty following last week’s plunge in the Nasdaq.Futures linked to the Dow The Jones Industrial Average fell 80 points, or 0.2%. S&P500 futures and Nasdaq 100 futures Each decreased by 0.2%.Asia-Pacific markets opened lower on Monday, with South Korean stocks leading the decline as the benchmark Kospi fell 8.4%. Japan’s Nikkei Stock Average fell 3.4%.The reported Iranian attack…
Published June 7, 2026June 7, 2026Alexander Zverev finally won his first Grand Slam title with a dramatic five-set victory over Italy’s Flavio Cobolli in the French Open final on Sunday.The second seed won 6-1, 4-6, 6-4, 6-7 (5/7), 6-1 after four hours and 16 minutes to become the first German man to win a major since Boris Becker at the 1996 Australian Open.Recommended stories list of 4 itemsend of list”This court is special to me in many ways… but it’s finally a happy ending,” Zverev said. He suffered a season-ending ankle injury in the 2022 semifinal against Rafael Nadal on…
The legal challenge claims the US president failed to seek proper approval for a martial arts event to be held on his 80th birthday.Published June 7, 2026June 7, 2026A lawsuit has been filed to prevent US President Donald Trump from hosting Ultimate Fighting Championship (UFC) bouts at the White House.The lawsuit, filed on behalf of two Virginia residents, is the first known legal challenge to the mixed martial arts event scheduled for June 14th.Recommended stories list of 3 itemsend of listThe event will be held on President Trump’s 80th birthday. It also coincides with the 250th anniversary of the signing…
U.S. President Donald Trump speaks at a roundtable on “American Agriculture” at the Custer Farm in Chippewa Falls, Wisconsin, June 5, 2026. Saul Loeb | AFP | Getty ImagesPresident Donald Trump abruptly left a taped interview on NBC’s “Meet the Press” after being questioned about evidence of his controversial “weaponized” fund and persistent claims of election fraud.In a taped interview with NBC’s Kristen Welker from his farm in Wisconsin, President Trump touched on the Iran war, the possibility of interest rate hikes and a $1.776 billion “weaponization” fund that would financially compensate violent rioters convicted of attacking police officers on…