News

Sometimes, a promising stock that's down 45% still isn't a bargain.

Apple filed a trade secrets lawsuit against OpenAI last Friday, and it’s not messing around. The complaint alleges a pattern of misconduct reaching all the way up to OpenAI’s chief hardware officer and claims more than 400 former Apple employees now work at the company. OpenAI’s response so far has been carefully hedged, and the timing couldn’t be worse with the company reportedly eyeing an IPO […]

KeyBanc expects major stock unlocks beginning around Q2 earnings, potentially expanding tradable supply sharply.

SpaceX shares closed below their $135 IPO price for the first time, marking a sharp decline from the record high posted soon after the stock started trading last month.

Rising short interest, a Starship test, earnings, and lockup expirations put SpaceX shares in focus.

Short sellers ‌targeting SpaceX shares ​are sitting on an estimated $8.7 billion in ‌paper ⁠profit since the rockets-to-AI ⁠firm's initial public offering, ​as ​its ​stock slipped ‌below the IPO price, according to data and analytics ‌firm ​Ortex ​Technologies. Short ​sellers aim ‌to sell borrowed ​shares ​to buy them back ​at ‌a profit. (Reporting ​by Saqib Iqbal ​Ahmed)

AST SpaceMobile just priced its second billion-dollar convertible raise of the year and shares are sliding hard, but buried in the filing language is a clue about where that cash may actually be headed.

A coalition of 12 state attorneys general, led by California, has filed an antitrust lawsuit to block the proposed Paramount, Skydance, and Warner Bros. Discovery (NasdaqGS:WBD) merger valued at about US$110b. The states have also submitted emergency motions seeking a temporary restraining order, prompting immediate court hearings and a likely pause to the transaction. The filings allege threats to competition and consumer harm, as well as concerns about market concentration and special...

SpaceX continues to be highly watched stock as the company prepares for its biggest rocket launch yet. Tonight's big event comes as SpaceX shares plumb new lows.

China's CXMT is heading for a massive IPO, and the news is sending shockwaves through the memory chip sector, hitting stocks that had already surged hundreds of percent this year. Whether this selloff is a buying opportunity or the beginning of a bubble burst has investors sharply divided.

SpaceX has surrendered every post-IPO gain in five weeks, landing back at its offering price while one analyst quietly models a valuation that dwarfs the entire cloud computing industry. The question is whether that call is visionary or delusional.

New arrivals on the stock market often generate plenty of early hype. Their average early returns are less exciting.

TeraWulf Co-founder and CTO/COO Nazar Khan joins use to discuss the ramifications of NY’s data center moratorium for the company’s NY campuses, financing for its Anthropic deal, and why it’s…

Shares of Musk’s rocket and telecom company slipped under the $135 debut price this week, and selling hasn’t even started yet.

The stock has shed about 34% from its peak, pulling SpaceX's market cap down to roughly $1.75 trillion from above $2.6 trillion last month

SpaceX stock continued its multi-week downtrend Wednesday, officially falling below its IPO listing price.

Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.

Shares in Elon Musk’s SpaceX have fallen below their initial public offering (IPO) price for the first time since the rocket company went public.

All three major US stock indexes were up in late-morning trading Wednesday, as technology stocks led

Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.

SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.

(Updates with Paramount's comments in the third and fourth paragraphs.) Paramount Skydance's (PSK

A merger between Paramount Skydance (NASDAQ:PSKY) and Warner Bros. Discovery (NASDAQ:WBD) is facing new hurdles. In the backdrop of new worries of the merger being approved, Warner Bros. Discovery CEO David Zaslav is cashing out shares. David Zaslav Sells WBD Shares Zaslav is selling shares of the company he leads for the second time this year, cashing in ahead of the highly anticipated merger of two media companies. Zaslav sold 2.18 million shares for $59.47 million, according to a report from

Paramount Skydance's (PSKY) proposed acquisition of fellow media and entertainment giant Warner Bros

California Attorney General Rob Bonta is leading a coalition of 12 attorneys general in filing a lawsuit challenging the acquisition of Warner Bros. by Paramount.

State attorneys general from a dozen states including California, New York and Washington filed a lawsuit to block Paramount Skydance's $110 billion takeover of Warner Bros. Discovery.

AI expansion, index additions, and bullish analyst initiations failed to prevent post-IPO profit-taking.

Chipotle has to deliver on a few fronts soon.

(Updates with a response from the Attorney General's office in the second last paragraph.) Paramo

Paramount's (PSKY) $110 billion acquisition of Warner Bros. Discovery (WBD) could be faced with laws