Financial stocks lift Muscat Stock Exchange for third week Business

Financial stocks lift Muscat Stock Exchange for third week

MUSCAT: The financial sector continued to underpin trading on the Muscat Stock Exchange (MSX), with the sector index extending its gains for a third consecutive week as investors increased positions in banking, insurance and investment stocks. The financial sector index rose by 98 points last week, building on gains of nearly 300 points recorded over […]

SpaceX raised B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days International

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

Elon Musk’s SpaceX is becoming a publicly traded company after selling 555.6 million shares in what was the biggest initial public offering in history. But my new research suggests that investors who bought those shares are unlikely to see the explosive growth that past IPOs had. The rocket and satellite maker raised US$75 billion on […]