News

Pfizer (NYSE:PFE) is in the middle of its biggest reinvention in a generation, leaning on the Seagen oncology platform and the freshly closed Metsera obesity assets to offset a COVID revenue cliff and looming patent losses. With shares at $25.60 and yielding nearly 7%, the only question that matters for income investors is whether that ... This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees

Any combination is possible. There's one particular one, however, that just makes good logistical and geographic sense.

Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.

Quantum Space says SPACs aren't dead as it seeks a $1.2 billion deal to build military spacecraft.

Indications are that demand is heavy, with institutions reportedly seeking billions worth of the stock.

Retail investors are liquidating some of the biggest winners in the AI trade to raise cash for Friday’s SpaceX (SPCX) IPO, and the selling pressure is landing hardest on semiconductors. MU stock is moving. See the chart and price action here. Data from Vanda Research shows individual investors net sold equities for three consecutive days through Wednesday — the first such stretch since March 2020, according to CNBC. On Monday alone, retail pulled the most capital from individual stocks since Nov

The biggest IPO in history will be too hot to handle.

Artificial intelligence (AI) companies will tap the capital markets for hundreds of billions of dollars over a very short time span.

GSK agreed to acquire Nuvalent for $10.6 billion, or $124 per share, a roughly 40% premium, to add two late-stage lung cancer assets and offset an impending patent cliff.

University of Florida finance professor Jay Ritter, who runs the school’s IPO Initiative and is widely regarded as the dean of IPO research, told CNBC on June 11, 2026, that SpaceX’s pending offering will set a first-day underpricing record that dwarfs prior benchmarks held by Visa and Alibaba. “SpaceX is almost certainly going to blow ... Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

Robinhood stock rallies on regulatory approval to operate as an IPO underwrite. Here’s why the announcement matters for HOOD shares.

Other large asset managers have made similarly eye-popping requests, along with fervent interest from individual investors.

Virgin Galactic stock popped nearly 24% ahead of SpaceX's IPO.

Elon Musk's SpaceX (SPAX.PVT) is just one day away from its IPO liftoff, sending the stock into orbit and publicly trading on the Nasdaq. Morning Brief Host Julie Hyman is joined by Yahoo Finance Tech Editor Dan Howley and Monetary Matters Network co-founder Jack Farley to discuss retail investor sentiment around the stock. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.

Yahoo Finance Executive Editor Brian Sozzi welcomes Navan (NAVN) CEO Ariel Cohen to discuss the company's earnings beat and increased full-year guidance. Cohen also details Navan's partnership with Google (GOOG, GOOGL) Gemini and how the AI-powered collaboration is helping users streamline and personalize the travel booking experience.

Here's what regular investors should know ahead of what's set to be the largest IPO in history. 

Jim Chanos questions SpaceX's valuation as its New York IPO seeks to raise $75B on Friday.

Elon Musk is all about big numbers — millions, billions, even trillions – and there are plenty of them associated with SpaceX and Musk's plans to take the rocket maker public. The prospectus for the SpaceX stock debut shows spending at a massive scale — greater than the economic output of some countries — and about to grow much larger as Musk races to make good on his promise to hurl people to distant planets. Money to be raised in the initial public offering — estimated at $75 billion — will help finance those futuristic, fantastical plans.

According to a Reuters report, Chanos said that he believes SpaceX is not worth $1.75 trillion based on reasonable assumptions over the next five years.

The market is already treating tomorrow’s SpaceX IPO as one of the most important public offerings in decades. Investors are focused on valuation, demand, and whether the company can justify the excitement surrounding a business that spans launch services, Starlink internet, artificial intelligence, robotics, and advanced manufacturing. Yet the bigger story may be what happens ... Prediction: Elon Musk Will Target 2 Trillion-Dollar Acquisitions After the SpaceX IPO

A large portion of IPO shares will be allocated to retail investors, but they face penalties if they sell too soon.

More than 4,400 current and former SpaceX employees stand to gain life-changing wealth as the rocket company prepares to debut on Nasdaq

Investing.com -- New Street Research has initiated coverage of SpaceX with a 12-month price target of $165, representing 22% upside from the proposed IPO price and corresponding to a $2.3 trillion equity value following the company's potential acquisition of Cursor.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

Elon Musk will attend an ASML event on Thursday to discuss his plans for the Terafab semiconductor factory.

(Bloomberg) -- SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stock

SpaceX could raise about $75 billion and reach a $1.8 trillion valuation.

SpaceX won't be the only company that benefits if it has a successful IPO.

S&P 500 futures gained 0.72% and Nasdaq 100 futures added 1.2% in premarket trading as semiconductor stocks recovered from a steep weekly slide

Investing.com -- Oppenheimer said Thursday that it has raised its Tesla estimates given the SpaceX IPO but pushed back on the merger narrative gaining traction among investors, arguing that two separate public companies better serve CEO Elon Musk's long-term AI ambitions.