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Industry

SpaceX shares slide 30 percent; short interest jumps from 8 percent to 13 percent in a day

Short sellers targeting SpaceX are increasing rapidly as the stock falls nearly 30 percent in a short period. Short interest jumped to 13 percent from 8 percent in a day, data showed, with early trading touching 14 percent. Other data suggested about 40 million shares are shorted. Improved share-lending conditions and low borrowing costs are cited as drivers. Options markets also reflect downside expectations, though short sellers face risks if buying resumes.

AI & Enterprise

AI seen creating new entry-level jobs as 94 percent of U.S. HR managers forecast new roles

Corporate HR leaders are more likely to expect new entry-level roles to emerge within five years despite concerns AI will cut junior jobs, a survey found. In a joint poll by Cognizant and Pearson, 94 percent of HR managers said AI would create entirely new entry-level positions, while 96 percent expected junior work to shift toward supervision and managing AI systems. Demand for AI training has risen, but organisational provision remains limited.