The stock market is at critical levels amid AI fears, Trump comments. Oracle earnings beat late. The SpaceX IPO is about to begin its countdown.
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Goldman Sachs and Morgan Stanley stand to collect underwriting, trading, and advisory fees as a wave of AI-related IPOs—including SpaceX, OpenAI, and Anthropic—heads to market.
Shares of Marvell Technology, computer memory-maker Micron Technology and Advanced Micro Devices all fell sharply. Many investors may be moving portfolios out of stocks that have risen strongly this year to free up cash for the SpaceX IPO expected this week. Existing home sales in May came in ahead of forecasts.
Wall Street looked set to see chipmakers continue their rebound on Tuesday, with investors continuing to pick through the wreckage of last week's tech sell-off ahead of key US inflation data. Futures pointed higher across the board, with contracts on the Nasdaq 100 up 0.9%, S&P 500...
Shares of the electric-vehicle maker were up 1.4% at $396.65 in premarket trading, while futures were up 0.4% and futures were down 0.1%. Investors are waiting to see if some investors will sell Tesla stock to buy SpaceX shares. Technical factors like that can create short-term price distortions.
Tesla stock bounced on Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. Don’t expect SpaceX to follow the same trajectory even as Musk tries to justify SpaceX’s valuation. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap.
Investors can expect volatility heading into the SpaceX IPO and after shares of Elon Musk’s rocket company start trading. Shares of Rocket Lab, AST, Intuitive Machines Firefly Aerospace and Redwire dropped an average of 11%.
Tesla stock rebounded early Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap. The tweet also comes just ahead of SpaceX’s massive IPO, which is expected to raise a record amount of cash, and could value the rocket company at $2 trillion.
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.
U. S. equity futures traded in a narrow range on Friday as investors monitored reports suggesting progress in negotiations aimed at extending the ceasefire between the United States and Iran.
The episode aired in 1948, but the idea is strangely valid today, except that it’s Elon Musk squaring off with himself. SpaceX is on the cusp of its initial public offering, which will raise a record amount of money. SpaceX plans to offer a relatively large amount of its stock to smaller retail investors, the same ones who hold Tesla shares.
Rocket Lab shares rebounded Friday after a sharp selloff tied to investor reaction to SpaceX’s IPO filing. A new Space Force contract and successful launch helped lift the stock.
Tesla stock rose early Thursday after SpaceX filed its IPO registration statement, fueling speculation about a megamerger between the two companies as their ties and overlap deepen. Tesla stock was up 1.2% in premarket trading at $422.18, while and futures were down 0.3% and 0.2%, respectively. The move comes after the Wednesday evening release of SpaceX’s IPO filings.
Nvidia stock fell late despite strong earnings. Elon Musk's SpaceX released its filing for a mammoth IP. Stocks rallied Wednesday as oil prices dived on Iran hopes.
Wednesday's rally is a mirror image of Tuesday's sell-off. Here's what changed overnight.
SpaceX appears to have tapped Goldman Sachs to be lead bookrunner for its massive initial public offering.
The stock market hit highs as Nvidia led and AI chip IPO Cerebras soared in its debut, while Broadcom and Taiwan Semiconductor flashed buy signals. The Trump-Xi summit continues.
Space is ice cold—but on Wall Street, space stocks are red-hot. Now, investors have another option to play the trend ahead of SpaceX’s debut, the ultimate space IPO. HawkEye 360 priced its IPO at $26 on Wednesday, raising about $416 million and valuing the company at about roughly $2.5 billion.