Welcome boost for chancellor with unexpected rise put down to rapid growth of AI in services sector outweighing Iran war fallout

The UK economy grew in July as the rapid expansion of AI appeared to outweigh the economic damage from the Iran war, in a welcome boost for John Healey.

Figures from the Office for National Statistics (ONS) showed a surprise 0.4% increase in gross domestic product (GDP), compared with 0.3% growth in June. City economists had forecast zero growth.

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© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

© Photograph: Bloomberg/Getty Images

Google Finance and Apple’s Stocks app have added new features over the years to make them more useful for tracking the markets and your investments.

Insiders at leading oil and gas companies have made millions from stocks since the Iran war began.

© Brandon Bell/Getty Images

The company is selling more cars, but the company’s profit was down because of price cuts and higher expenses.

The product, Truth API, could give Wall Street trading firms an edge in seeing President Trump’s posts on the social media platform he partly owns.

© Allison Robbert/Associated Press

The company’s shares jumped on Monday, and executives announced that they had raised even more money in an already record-breaking initial offering.

Strong investor interest in SpaceX could be good news for the A.I. rivals, which have signaled that they, too, intend to go public this year.

The blockbuster stock market debut of Elon Musk’s rocket company paves the way for a wave of enormous offerings that are coming from OpenAI and Anthropic.

If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation.

With SpaceX shares soaring 20 percent on their first day of trading, the world’s richest person crossed another milestone — one with 13 digits.

Elon Musk’s rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin trading on Friday.

Two Times tech reporters and their editor talk about assessing the sky-high valuation of the rocket and satellite maker, the potential economic impact of its public debut and the role of the world’s richest man in it all.

Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.

Investors who bought the automaker’s shares in its initial public offering became rich. As a result, many have a deep faith in Elon Musk, the chief executive of Tesla and SpaceX.

Wall Street is giving its richest clients velvet rope access to this week’s public listing of SpaceX, reflecting the growing importance of the wealth management business.

Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.

The $135 share price means Elon Musk’s rocket maker is poised to exceed the 2019 initial public offering of Saudi Aramco in both valuation and money raised.

The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.