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Le MondeSpaceX Files for IPO with Expected Valuation of $1.75 Trillion to $2 Trillion
SpaceX plans an initial public offering projected to raise $80 billion and value the company between $1.75 trillion and $2 trillion. The offering would exceed the 2019 Aramco IPO in both size and capital raised.
thesouthafrican.comSpaceX Plans to Price IPO at $1.75 Trillion Valuation as Early as June 11
SpaceX has moved up its IPO timeline and now expects to price shares as soon as June 11 with trading to begin on Nasdaq the following day. The company seeks to raise up to $75 billion at a $1.75 trillion valuation, which would surpass Saudi Aramco's 2019 record.
theedgemarkets.comSaudi Aramco Seeks at Least $10 Billion in Real Estate Sale and Leaseback
Saudi Aramco is pursuing a sale and leaseback transaction for its real estate assets that could raise at least $10 billion. The deal would include the company's residential community in Saudi Arabia's Eastern Province. OilPrice.com reported the plans on Wednesday, citing sources…
The Japan TimesJapan Adds iPS Cell-Derived Parkinson’s Treatment to National Health Insurance at ¥50 Million per Patient
An advisory panel to the health minister approved Sumitomo Pharma’s Amchepry on May 13, 2026, making it the world's first commercialized medical product derived from iPS cells. The treatment, costing ¥55.3 million ($350,600) per patient, will gain insurance coverage on May 20 wit…
The War ZoneRussia Test-Launches RS-28 Sarmat ICBM from Plesetsk Cosmodrome
The missile reached its target at the Kura test range on Kamchatka roughly 30 minutes after lifting off at 11:15 a.m. Moscow time on May 12, 2026. President Vladimir Putin called the test a major event and unconditional success, saying it clears the way for the first Sarmat regim…
Substrate placeholder — needs reviewSaudi Aramco Q1 Profit Rises 26%; East-West Pipeline Reaches 7 Million Barrels Per Day
Saudi Aramco reported adjusted net income of $33.6 billion for the first quarter, beating forecasts, as its East-West pipeline reached maximum capacity of 7 million barrels per day amid disruptions from the Iran conflict. The company said the pipeline has helped mitigate global e…
rte.ieAramco Q1 Profit Rises 25%
The company reported $32.5 billion in first-quarter profit amid elevated oil prices following the closure of the Strait of Hormuz in early March. Its chief executive warned that global oil markets will take months or until 2027 to normalize even if the strait reopens immediately…
america.cgtn.comOil Prices Remain Above $100 as Ceasefire Holds in Iran Conflict
Brent crude rose above $105 before settling near $105 a barrel after President Donald Trump rejected Iran's response to U.S. proposals to end the conflict. The Strait of Hormuz has been shut since late February, triggering sharp supply losses and profit surges at major energy com…
nationalobserver.comEnergy Supply Chains Need Several Months to Recover From Conflict
The chief executive of Saudi Aramco said that even in the most optimistic scenario, energy and commodity supply chains will require several months to return to pre-conflict traffic levels. Vessels are re-routing or remaining idle as they adjust to the situation. The assessment wa…
thehindubusinessline.comStrait of Hormuz Vessel Traffic Drops to 2-5 Ships Daily From 70
Saudi Aramco CEO Amin Nasser described the closure as the biggest energy supply shock ever and warned that prolonged disruption could delay market normalization until 2027. The market has already lost around 1 billion barrels, partly offset by alternative routes and reserves.
winnipegfreepress.comSaudi Aramco Q1 Profit Rises 26% as East-West Pipeline Reaches Full Capacity
Saudi Aramco reported adjusted net income of $33.6 billion for the first quarter, up 26% from a year earlier and beating analyst forecasts. The company's East-West Pipeline hit its maximum capacity of 7 million barrels per day amid disruptions in the Strait of Hormuz caused by th…
japantimes.co.jpSaudi Aramco Reports 26% Rise in First-Quarter Profit
The company said its net income for the first quarter reached levels supported by higher oil prices even as export volumes declined. The increase comes amid ongoing regional conflicts that have affected global energy markets. Saudi Aramco did not provide an absolute profit figure…
BenzingaAMC Networks Set to Report First Quarter Earnings
AMC Networks will release its first quarter financial results before the market opens on May 8, 2026. Analysts expect earnings of 21 cents per share on revenue of $540.32 million. The company announced the full redemption of its 10.25% senior secured notes due 2029 on March 26.
Financial TimesSaudi Aramco Q1 Profit Rises 26%
Saudi Aramco posted net profit of $33.6 billion for the first quarter as higher oil prices from the regional conflict offset lower production and exports. The company maximized use of its East-West pipeline to bypass the closed Strait of Hormuz. Meanwhile Toyota reported a £3 bil…
Substrate placeholder — needs reviewAramco Expands Investments in AI and Advanced Technologies
Saudi Aramco is increasing its involvement in artificial intelligence through its venture capital arm, focusing on deep-tech startups. The company manages $7.5 billion in assets and partners with Microsoft for AI solutions. These efforts aim to enhance operational efficiency and…
Substrate placeholder — needs reviewSatellite Provides Insights into 2025 Kamchatka Tsunami Development
A satellite observed the 2025 Kamchatka tsunami shortly after its formation, offering researchers data on its development and spread. These insights exceed those from land-based tools. The findings appear in the journal Science.
nypost.comAMC Series 'Dark Winds' Schedule: No New Episode Tonight, Return Date Unspecified
The AMC series 'Dark Winds' is not airing a new episode tonight. The show is scheduled to return with new episodes at a later date, though specifics have not been announced. Information on a potential Season 5 remains unavailable.
Substrate placeholder — needs reviewAMC Releases New Black Comedy Series on Tech Industry
AMC has launched a new black comedy series that centers on a tech executive facing personal and professional challenges. The show examines aspects of the technology sector through satirical storytelling. It is available for viewing on AMC's platforms.
SemaforSaudi Aramco Publishes Content on Islamic World in Company Magazine
Saudi Aramco's company magazine has published stories about the Islamic world. The Paris Review noted these contributions as unexpected. The coverage includes writing on topics related to the region.
Orijentolog / Wikimedia (CC BY-SA 3.0)Iran Threatens to Target Saudi Aramco and UAE Pipelines if US Attacks Its Power Plants
Iranian state media reported that the Iranian military plans to add Saudi Arabia's Aramco oil facilities, its east-west pipeline, and the UAE's Fujairah pipeline to its targets in response to any US attack on Iranian power plants. The threat references potential actions by Presid…
Photo: Moslem Daneshzadeh / UnsplashIranian Military Source Warns of Targeting Saudi Aramco and Regional Oil Facilities if US Attacks Power Plants
Iranian state media Tasnim News Agency cited a military source stating that Iran would add Saudi Aramco oil facilities, Saudi Arabia's Yanbu refinery, and the UAE's Fujairah pipeline to its targets in response to any US attack on Iranian power plants. The warning references poten…
Substrate placeholder — needs reviewAMC Theatres Reports Increased Ticket Sales and Concessions During Easter Weekend Driven by Super Mario Bros. Movie
AMC Theatres experienced a surge in ticket sales and concessions over the Easter weekend, attributed to the release of The Super Mario Bros. Movie. The film, based on the popular Nintendo video game franchise, drew significant audiences. This performance highlights ongoing recove…