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Finance SpaceX IPO: Historic Debut Fades as Shares Sink 35% From Peak in First Month
SpaceX's record-breaking IPO on 12 June 2026 saw shares surge to an intraday high of $225, surpassing Amazon and Microsoft in market value. However, by the end of its first month, shares had fallen to around $145, down 18% from the first-day high and 35% from the peak, driven by Starlink price cuts and broader tech selloffs. Analysts note early retail investors are now 'definitely underwater.'
Technology How Palestinians Built a Digital Archive That Can't Be Erased: Lessons in Resilient Data Preservation
Since October 2023, destruction of cultural sites in Gaza has accelerated. The Palestinian Museum in Birzeit has built an open-source digital archive with over 500,000 digitized items, designed to be 'unlootable.' This article examines the technology, team, and funding behind the project and offers lessons for any organization seeking to preserve data against physical or political threats.
Business Bajaj Centenary Film Leads Brand Campaign Roundup; Toing, Oriflame, Redcliffe La
Bajaj group released a centenary film using AI and directed by Rajkumar Hirani. Swiggy's affordable platform Toing debuted a brand film emphasizing low prices. Oriflame executed an influencer-led North-East Yatra covering 5,000 km. Redcliffe Labs launched a campaign starring Gautam Gambhir but critics found execution jarring.
Commodities How US overtook Saudi and Russia to become world's top oil exporter
The United States has become the world's largest oil exporter, with crude and fuel shipments reaching about 10.5 million barrels per day in May, overtaking Saudi Arabia and Russia. The milestone marks a dramatic reversal from past dependence on imported oil, driven by the shale revolution, the lifting of a four-decade export ban in 2015, and recent geopolitical disruptions including the Strait of Hormuz crisis. European and Asian buyers are increasingly turning to US supplies, reshaping global trade flows and challenging OPEC's influence.
Business Elon Musk's Vision: Technology as Modern Magic
Elon Musk reflects on how modern technology, once unimaginable, is now commonplace, echoing Arthur C. Clarke's idea that advanced technology is indistinguishable from magic. His ventures, like Neuralink, exemplify this transformation.
Trade AI and Automation: Transforming Global Supply Chains
AI and automation are reshaping global supply chains by improving efficiency and reducing costs. This article explores the technologies driving these changes and their impact on international trade.