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Monday, August 10, 2026

SpaceX retail investors turn net sellers for first time since IPO; offload $4.5 million worth of shares

Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now be looking to reduce their losses, even amidst a slight recovery in recent days.

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/leLmI2o

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US says Europe refused to join push for tariffs on India, China over Russian oil

Scott Bessent has criticized European nations for refusing to impose tariffs on India and China, which purchase Russian oil. He highlighted ...