Money
Successful SpaceX flight fuelling tensions between billionaires space race
The successful test flight of Elon Musk’s SpaceX starship is a major milestone for private space exploration.
But tensions continue to fuel with Amazon CEO Jeff Bezos, as his rival company Blue origin battles to send people to the moon too.
After 4 failed attempts that even ended in explosions… Elon Musk’s SpaceX has finally landed its futuristic starship
The Tesla CEO wants to land astronauts on the moon and send people to Mars.
This is a huge step in the program… to successfully launch a test flight of the mars rocket prototype.
The rocket launched and flew about 6 miles above Earth, then re-lit its engines and landed the SN15 prototype on the landing pad
A fire at the base of the 50-metre rocket was quickly extinguished and the rocket remained standing after the six-minute flight.
NASA chose the SpaceX Starship to deliver astronauts to the moon in the next few years.
The 3 billion dollar contract was halted last week after Jeff Bezo’s company – blue origin protested it.
BATTLE OF THE BILLIONAIRES
The Amazon CEO announced Blue Origin will launch its new Sheppard rocket and capsule in July
The Sheppard’s flights are “sub-orbital” meaning they will take passengers on a short trip into space and back down to earth.
The company says “only 569 people have ever been over the so-called Kármán Line in space… and it wants to change this and change it dramatically”
SpaceX also plans to launch people into space by Autumn this year.
So the battle between the billionaires to turn their rockets to riches continues on… until the winner is crowned within the next one or two years.
Money
Australian Dollar surges: What $0.70 means for markets
Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.
Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.
The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.
Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
#AustralianDollar #AUD #Forex #Investing #Commodities #BHP #Mining #Markets
Money
S&P 500 rises as financial stocks lead and tech slips
S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!
S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!
The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.
Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.
Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
Money
Australia’s GST debate heats up amid tax reform push
Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.
Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.
Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.
Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.
Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker
-
Shows3 days agoReal estate insights: Technology changes and trust remain
-
News2 days ago
One Nation matches coalition as Liberal backing slides
-
Tech2 days ago
Crew-12 astronauts arrive at the International Space Station
-
News5 days ago
Sheriff Nanos dismisses evidence claims in Nancy Guthrie case update
-
Money2 days ago
AI fears rattle global markets and investors
-
Shows2 days ago
Medicinal Cannabis reform: Patient demand vs regulatory hurdles in Australia
-
Ticker Views2 days ago
Global rallies show support for Iran as sanctions and tensions rise
-
Ticker Views2 days ago
Trump scraps key climate law, U.S. emissions regulation at risk
