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Eurozone PMI unexpectedly rose to a five-month high in July, with German manufacturing rebounding and French services recovering, but the recovery remains threatened by oil prices.

Eurozone PMI unexpectedly rose to a five-month high in July, with German manufacturing rebounding and French services recovering, but the recovery remains threatened by oil prices.

``` Eurozone economic activity saw significant improvement in July, with the composite PMI returning to expansion territory and far exceeding market expectations, as signs of recovery appeared in both the German and French economies. However, as US-Iran tensions escalate again, oil and gas prices are under renewed pressure, and risks from
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Falcon rockets are no longer taking orders! As SpaceX's stock price comes under pressure, Musk is fully betting on the yet-to-be-commercialized Starship.

Falcon rockets are no longer taking orders! As SpaceX's stock price comes under pressure, Musk is fully betting on the yet-to-be-commercialized Starship.

``` SpaceX is making an unprecedented strategic gamble, as the rocket giant has begun refusing exclusive Falcon 9 launch orders for 2028 and beyond, halted production of some non-reusable components, and is fully betting on the Starship rocket, which has yet to enter commercial operations. On Friday, Bloomberg, citing sources familiar
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