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Oppenheimer issues bold price target on SpaceX stock
TheStreet59d agoneutral
Oppenheimer issues bold price target on SpaceX stock

SpaceX’s (SPCX) historic IPO kicked off with a valuation few companies ever touch. Consequently, it also left investors wondering how much upside is left, or whether profit-taking is about to begin. SpaceX's stock, priced at $135, raised $75 billion, opening a brand new chapter for Elon Musk’s ...

Tencent Maintains Double-Digit Profit Growth Amid Intensified AI Investment
The Wall Street Journal92d agoneutral
Tencent Maintains Double-Digit Profit Growth Amid Intensified AI Investment

Tencent Holdings extended its streak of double-digit profit growth in the first quarter despite the Chinese tech giant’s ballooning investments to stay ahead in China’s artificial-intelligence race, though revenue growth slowed. Tencent was previously focused on leveraging the technology to boost productivity and reduce costs across various businesses.