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SpaceX just put every US carrier on notice
TheStreet48d agoneutral
SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...

Bloomberg48d agoneutral
AI Rout Exposes Wall Street’s $270 Billion Speculation Machine

(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La

Reuters48d agoneutral
Verizon bids $3.2 billion to win US spectrum licenses

Verizon ‌Communications successfully ‌bid nearly $3.2 billion ​for wireless licenses in a Federal ‌Communications ⁠Commission auction for mid-band ⁠spectrum, the agency said ​Friday. AT&T, ​T-Mobile ​and Space ‌X also won spectrum licenses in the auction that ‌raised ​about $3.5 ​billion. T-Mobile successfully ‌bid $278 million, ​T-Mobile $121 ​million and Space X $8.5 ​million, ‌the FCC ​said.

SpaceX volatility just entered ordinary 401(k)s
TheStreet48d agoneutral
SpaceX volatility just entered ordinary 401(k)s

The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to portfolio reality. Some investors might own SpaceX without ever purchasing the ...

SpaceX stock sheds 17% in first week of trade
Yahoo Finance48d agoneutral
SpaceX stock sheds 17% in first week of trade

SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.

SpaceX stock on track to shed 18% this week
Yahoo Finance48d agoneutral
SpaceX stock on track to shed 18% this week

SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.

OpenAI’s IPO Delay Could Be the Biggest Warning Yet for AI Investors
24/7 Wall St.48d agoneutral
OpenAI’s IPO Delay Could Be the Biggest Warning Yet for AI Investors

The AI trade has gone from unstoppable to unpredictable in a matter of weeks. After driving one of the strongest rallies in market history, artificial intelligence stocks have run into a wall of rising valuations, growing capital spending concerns, and a string of volatile IPOs. Earlier this week, I suggested the changing market mood might ... OpenAI’s IPO Delay Could Be the Biggest Warning Yet for AI Investors

Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
24/7 Wall St.48d agoneutral
Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year

US equity funds record weekly outflows as tech weakness weighs
Reuters48d agoneutral
US equity funds record weekly outflows as tech weakness weighs

equity funds came under selling pressure in the week to June 24, ‌as concerns over debt-funded spending in the technology ‌sector and expectations of a hawkish Federal Reserve policy stance sparked ​risk aversion. equity funds during the week, partly reversing net purchases of $37.

Investing.com48d agoneutral
Open AI IPO delay; SpaceX mulls mobile networks - what’s moving markets

Investing.com - U.S. stock futures were mixed on Friday as investors remain cautious after another difficult week for technology stocks. Reports that OpenAI may delay its highly anticipated stock market debut added to concerns around lofty AI valuations, while Apple’s recent price hikes continued to weigh on sentiment.

Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports
Reuters48d agoneutral
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reports

Elon Musk's SpaceX has ‌told investors ‌that it plans to ​launch a Starlink mobile service for U.S. consumers, the Financial ‌Times ⁠reported on Friday, citing people familiar ⁠with the matter. SpaceX was considering ​launching a ​Starlink ​retail product ‌and could build its own terrestrial U.S. mobile network, President Gwynne Shotwell told ‌investors during ​a recent ​IPO ​roadshow, according ‌to the FT ​report. Reuters ​could not immediately verify the report.

Investing.com49d agoneutral
SpaceX to build gas pipeline for Starship rocket launches

Investing.com -- SpaceX plans to start building an eight-mile natural gas pipeline next month to supply its Texas launch facilities, according to county filings. The pipeline, named Starpipe, will support launches of the company's Starship rocket.

Investing.com49d agoneutral
SpaceX credit-default swaps start trading after bond sale

Investing.com -- Credit-default swaps linked to SpaceX began trading Thursday after the company completed its first high-grade bond offering earlier this week, Bloomberg reported. The development allows investors to protect against potential losses or bet on the company's creditworthiness.