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Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In
24/7 Wall St.39d agobullish
Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In

SpaceX‘s (NASDAQ: SPCX) arrival on the Invesco QQQ Trust (NASDAQ: QQQ) benchmark is the fastest mega-cap onboarding the NASDAQ has ever executed. CNBC’s Morgan Brennan laid out the mechanics on air Tuesday morning. “SpaceX officially joins the Nasdaq 100. That will happen at the start of trading officially later this morning,” Brennan told viewers, framing ... Morgan Stanley: SpaceX Could Rally 87% as Wall Street Goes All-In

1 Industrials Stock with Competitive Advantages and 2 Facing Headwinds
StockStory39d agoneutral
1 Industrials Stock with Competitive Advantages and 2 Facing Headwinds

Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But their prominence also brings high exposure to the ups and downs of economic cycles. Luckily, the tide is turning in their favor as the industry’s 16.3% return over the past six months has topped the S&P 500 by 8.3 percentage points.

Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and More
24/7 Wall St.39d agoneutral
Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and More

Pre-Market Stock Futures: Futures are trading mixed, with the Nasdaq getting hammered after a gangbuster start to the first full trading week of the third quarter. All of the major indices finished the day higher, with chip stocks once again leading the way. When the dust settled at the close, the Nasdaq finished the day ... Here Are Tuesday’s Best Wall Street Analyst Research Calls: Adobe, American Airlines, Broadcom, First Solar, Meta Platforms, Shopify, Space-X, Ventas, Waste Managment, and M

BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance as AI rally boosts demand
Reuters39d agobullish
BlackRock to launch Nasdaq-100 ETF, challenging Invesco's dominance as AI rally boosts demand

BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it ‌seeks to tap surging investor demand for exposure to the ‌AI-driven stock market rally. The iShares Nasdaq 100 ETF, offered by the world's largest asset ​manager, will track the flagship U.S. index and start trading under the ticker on Thursday, just months after the Nasdaq revised its criteria to accelerate the inclusion of newly listed companies such as SpaceX.

What to Know as SpaceX Joins the Nasdaq-100
The Wall Street Journal39d agoneutral
What to Know as SpaceX Joins the Nasdaq-100

SpaceX officially joins the Nasdaq-100 today, and investors holding some funds tied to the index will end up exposed, whether they like it or not. Mutual and exchange-traded funds with $800 billion in assets under management are expected to buy SpaceX shares in order to mirror the index’s performance. SpaceX will be a small component in the Nasdaq-100, for now.

Stock Futures Drop as Chip Rally Fizzles Out
Barrons.com39d agoneutral
Stock Futures Drop as Chip Rally Fizzles Out

Stocks looked set to open in the red on Tuesday as investors opted to ditch tech, even after South Korean memory-chip maker Samsung Electronics forecast a huge surge in profit. Nasdaq 100 futures dropped 0.8%. The blue-chip Dow notched a record close for a second straight session, while the tech-heavy Nasdaq added more than 1% as chip stocks roared back.