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Flash
07:05
SpaceX prospectus reveals: Starlink revenue reaches $4.42 billion, SpaceX’s cash reserves exceed $22.8 billion
According to ChainCatcher, citing Reuters, SpaceX's prospectus shows that its Starlink business saw operating revenue increase to $4.42 billion last year, a significant rise from $2 billion in 2024 and $469 million in 2023. In addition, the filing reveals that Musk and a small group of insiders will maintain voting control through a dual-class share structure after the IPO.
07:02
Commodity futures close
Urea futures rose 3.69% consecutively, palm oil futures rose 3.33% consecutively, lithium carbonate futures fell 2.84% consecutively, silver futures fell 2.75% consecutively, polysilicon futures rose 2.56% consecutively, coke futures rose 2.48% consecutively, and rapeseed futures rose 2.45% consecutively.
07:00
Report: ICICI Bank is Well-Positioned to Withstand Macroeconomic Headwinds
These analysts stated that in terms of liquidity coverage ratio and loan-to-deposit ratio, the bank is in a solid position and its growth rate is expected to surpass that of the Indian banking industry in the medium term. The analysts noted that the bank's credit costs have remained negligible, mainly due to recoveries from written-off accounts and lower loan defaults among retail customers. The Industrial Credit and Investment Corporation of India’s outstanding technological capabilities, along with the expansion of its distribution network, may help maintain operational efficiency. The brokerage raised its target price for the stock from 1,600.00 rupees to 1,630.00 rupees and maintained its buy rating. The stock rose 1.9% to 1,381.85 rupees.
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