SpaceX IPO looms: $18.7B revenue, but $4.9B loss. Huge AI/Starlink spend, massive market potential.

Australia's flash composite PMI fell to 47.8 in May from 50.4 in April, signalling the second contraction in three months, as new orders dropped at the fastest pace since September 2021, per S&P Global.

The ECB is set to raise rates on June 11 but will signal caution on any July follow-up, four sources told Reuters, as analysts at Deutsche Bank forecast quarter-point hikes in June and September taking rates to 2.50%.

TWLO's 5.3x P/S raises concerns despite operating profit gains. GWW's 27.4x P/E lags peers. MCD's 20.9x P/E shows growth potential.

Murdoch buys half of Vox Media for $300M, betting on thoughtful journalism's future returns.

Data centers' power demand could hike utility prices 50%+ by 2030. Traders watch energy costs.

Micron surges 4.8% on AI chip demand, but valuation risks loom if chip momentum falters.