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Bloomberg45d agoneutral
Biggest US Home Lender’s Merger Fight Spotlights Its 60% Stock Slide

(Bloomberg) -- Mat Ishbia’s frustration was boiling over. The billionaire chief executive was trying to salvage a deal he described in February as a “strategic inflection point” for his company, United Wholesale Mortgage. After months of back-and-forth — and a steep decline in his own wealth — he didn’t hold back. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Enga

Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price
24/7 Wall St.46d agoneutral
Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price

One of the most anticipated public offerings in recent memory is drawing skepticism. SpaceX (NASDAQ:SPCX) currently has a valuation of roughly $2.44 trillion, up nearly 40% from its $1.75 trillion IPO. Morningstar analysts have signaled the stock could be worth less than half that figure on a fundamentals basis. That gap was the centerpiece of a recent segment on ... Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price

A SpaceX-Tesla Merger Could Manufacture A $5 Trillion Giant: Here's What Prediction Markets Say
Benzinga46d agoneutral
A SpaceX-Tesla Merger Could Manufacture A $5 Trillion Giant: Here's What Prediction Markets Say

Elon Musk’s next move could be a SpaceX-Tesla merger big enough to challenge Nvidia Corp. for the title of most valuable company on Earth. Just three sessions into its IPO, SpaceX has already surged nearly 50% to roughly $2.6 trillion, leaving Tesla Inc. and its $1.5 trillion behind. The wider that gap runs, the cheaper Tesla gets to absorb, and the more control Musk keeps over whatever emerges. The Math On A $5 Trillion Giant The case for a merger, laid out this week by Bloomberg columnist Liam

T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions
Simply Wall St.47d agoneutral
T-Mobile US (TMUS) Faces Deutsche Telekom Merger Push And Minority Shareholder Questions

Deutsche Telekom is reported to be pushing for a merger involving T-Mobile US, NasdaqGS:TMUS. The proposed deal would require agreement from minority shareholders who are assessing the impact on their exposure to lower margin international operations. Discussions highlight questions about future ownership structure and how much risk investors might carry outside the core US business. T-Mobile US, NasdaqGS:TMUS, is entering this potential merger discussion with a share price of $181.67 and a...

Anthropic Eyes South Korea Growth Ahead Of IPO With Seoul Office, New Partnerships
Benzinga47d agobullish
Anthropic Eyes South Korea Growth Ahead Of IPO With Seoul Office, New Partnerships

Anthropic said Wednesday it had opened a Seoul office and announced a series of partnerships across South Korea’s artificial intelligence ecosystem as the Claude developer expands its presence in Asia. As the company prepares for a public listing, Anthropic said South Korea has emerged as one of Claude’s most active markets globally, with usage concentrated in technical and creative work. Public And Private Sector Partnerships Anthropic said it signed a memorandum of understanding with South Kor

SpaceX IPO Could Ignite Fresh Market Momentum, Says Evercore
InvestorsHub47d agoneutral
SpaceX IPO Could Ignite Fresh Market Momentum, Says Evercore

The blockbuster stock market debut of SpaceX (NASDAQ:SPCX) last week may mark the beginning of a new phase in the current bull market, according to strategists at Evercore ISI, who see parallels with the transformative impact of Netscape’s IPO in 1995. SpaceX, trading under the ticker SPCX, raised $75 billion through its initial public offering on Friday at $135 per share, giving the company an implied valuation of $1.

MaintainX Acquisition to Bolster Autodesk, Inc. (ADSK) Prospects as One of the Best  Falling Stocks to Invest In
Insider Monkey47d agobearish
MaintainX Acquisition to Bolster Autodesk, Inc. (ADSK) Prospects as One of the Best Falling Stocks to Invest In

Autodesk, Inc. (NASDAQ:ADSK) is one of the best falling stocks to invest in, according to analysts. On June 15, Autodesk, Inc. (NASDAQ:ADSK) amended its credit agreements to obtain access to significant capital to complete the acquisition of MaintainX Inc. The regulatory filing indicates the company increased its unsecured revolving credit facility to $2 billion from […]

Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger
Insider Monkey47d agoneutral
Deutsche Telekom (TMUS) CEO Reportedly Pushes for T-Mobile Merger

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best falling stocks to invest in, according to analysts. On June 16, T-Mobile US, Inc. (NASDAQ:TMUS) reaffirmed its commitment to shareholder value, with the board approving a quarterly dividend of $1.02 per share. The dividend offering translates to an annualized dividend of $4.08 and a dividend yield […]