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Since SpaceX's stock peaked in June, Musk has lost about $650 bln as Tesla and SpaceX shares continue to slide. Despite the decline his net worth remains above $700 bln. Investors are watching whether AI-driven growth can sustain high valuations.

2026-07-28

Since SpaceX's stock peaked in June, Musk has lost about $650 bln as Tesla and SpaceX shares continue to slide. Despite the decline his net worth remains above $700 bln. Investors are watching whether AI-driven growth can sustain high valuations.

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2026-07-28

Oil's retreat, amid resumption of talks aimed at resolving the Middle East conflict, has reduced investor expectations for Bank of England rate hikes in the coming months. LSEG data show markets now price a cumulative 35bps of increases to the UK pol

Oil's retreat, amid resumption of talks aimed at resolving the Middle East conflict, has reduced investor expectations for Bank of England rate hikes in the coming months. LSEG data show markets now price a cumulative 35bps of increases to the UK policy rate in 2026, 12bps lower than a week earlier.
2026-07-29

CITIC Construction Investment research says lithium has over-discounted prospective loosening; weekly inventories continue to fall and prices are oversold in the near term. Fundamentals remain strong for the year and supply stays tight: Baichuan data

CITIC Construction Investment research says lithium has over-discounted prospective loosening; weekly inventories continue to fall and prices are oversold in the near term. Fundamentals remain strong for the year and supply stays tight: Baichuan data show several lithium-salt plants have announced maintenance, creating phased output cuts this month and next that should tighten short-term supply; heavy snow in South American salt lakes may further hit Q3 production and shipments. Demand has not softened through the July–August off-season—demand appears front‑loaded and downstream rigid procurement is supporting prices. Maintenance-driven supply reductions plus robust demand are continuing to draw inventories, underpinning a price floor and raising the odds of stronger prices into September–October.
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