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SpaceX (SPCX.O) shares fell as much as 4.6% on Friday to $125.13, cutting market value to $1.65 tln — more than $1 tln below the $2.64 tln close on June 16. The stock, which jumped after the largest-ever IPO, has dropped below its $135 issue price. S

2026-07-17

SpaceX (SPCX.O) shares fell as much as 4.6% on Friday to $125.13, cutting market value to $1.65 tln — more than $1 tln below the $2.64 tln close on June 16. The stock, which jumped after the largest-ever IPO, has dropped below its $135 issue price. SpaceX canceled the 13th Starship test flight due to an engine ignition problem; Musk said the next launch attempt is expected in a few days.

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2026-07-17

On July 17, 2026, Wang Yi, CCP Politburo member and foreign minister, met in Shanghai with Oreshkin, deputy head of the Russian presidential administration, who was attending the World Artificial Intelligence Conference. Wang said China and Russia ar

On July 17, 2026, Wang Yi, CCP Politburo member and foreign minister, met in Shanghai with Oreshkin, deputy head of the Russian presidential administration, who was attending the World Artificial Intelligence Conference. Wang said China and Russia are comprehensive strategic partners and framed Russia’s accession to the World AI Cooperation Organization as a sign of high-level ties that will aid the body’s development. He said Beijing and Moscow will cooperate to steer AI towards healthy, safe and orderly development, strengthen capacity building in the Global South, and make AI a substantive component of China‑Russia strategic cooperation, echoing Xi’s opening remark that AI should be used for good and benefit all humanity.
2026-07-17

Fed Vice Chair JEFFERSON said the low‑hiring, low‑layoff environment is driven by uncertainty, particular concerns about artificial intelligence.

Fed Vice Chair JEFFERSON said the low‑hiring, low‑layoff environment is driven by uncertainty, particular concerns about artificial intelligence.
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