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Private markets are in focus, with initial public offerings (IPOs) from Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and SpaceX (SPAX.PVT) on the horizon. Powers Advisory Group managing partner Matt Powers joins Yahoo Finance to explain why he says investors should wait to buy into these names.

Morningstar warned, “‘Financials Look Reckless’: Lifting xAI’s Hood in the SpaceX IPO”. Its AI division, xAI, lost $2.47 billion on $818 million in the first quarter of this year. “If you compare xAI to a traditional SaaS company, the financials look reckless,” Harrison Rolfes, a senior research analyst at PitchBook, wrote. That may be a ... Grok Could Undermine SpaceX IPO

What's better: paying $2 trillion for SpaceX, with under $20 billion in revenue, or $5 trillion for Google (GOOG), generating $400 billion in revenue and $100 billion in profits.

Also: All the news and watercooler chat from Fortune.

Wall Street has spent the last six months questioning Mark Zuckerberg’s aggressive AI capital spending, with Meta Platforms (NASDAQ:META) raising its 2026 capex guidance to $125 to $145 billion after a Q1 in which revenue grew 33% year over year. While everyone debates whether Meta is overspending, a quieter filing from SpaceX just laid out ... The Real Winner of SpaceX’s IPO: Mark Zuckerberg

An OpenAI IPO filing could come later this week as the ChatGPT parent works with bankers, according to a new report.

Elon Musk's lawsuit against OpenAI and Microsoft was dismissed by a jury, removing a significant legal overhang. The verdict leaves Microsoft, NasdaqGS:MSFT, free of financial or reputational penalties linked to the case. The decision clears a path for OpenAI to pursue an IPO, with Microsoft remaining its largest outside backer. For Microsoft shareholders, the jury decision comes with the stock last closing at $423.54 and up 2.6% over the past week. The company has also delivered gains of...

A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.

NextEra Energy has agreed to acquire Dominion Energy in a $66.8 billion all-stock deal, creating the world's largest regulated electric utility with over $400 billion in enterprise value.

There's a lot of enthusiasm about this Nvidia competitor. What exactly is drawing investors?

Cerebras Systems (CBRS) soared in its public market debut on Thursday after the artificial intellige

OpenAI and Microsoft Corp. have reportedly agreed to cap their total revenue-sharing payments at $38 billion. This cap could potentially strengthen OpenAI’s long-term appeal to investors as it gears up for a public offering, which might occur as early as...

Cerebras Systems increased the size and expected price range of its initial public offering, which n

The tech sector helped US stocks cruise to all-time highs last week, as the artificial intelligence boom broadened.

On a recent episode of We Study Billionaires (TIP813), host Trey Lockerbie laid out a bull case for Microsoft (NASDAQ:MSFT)‘s GitHub acquisition. “$7.5 billion for the world’s most dominant coding platform, and which is also now the world’s most adopted AI coding tool, and then also the primary channel through which Microsoft acquires developers who ... How Microsoft Pulled off ‘One of the Best Tech Acquisitions of the Last Decade’

Microsoft-backed (MSFT) OpenAI Chief Executive Sam Altman discussed spinning off the startup's robot

Cerebras Systems plans to kick off the roadshow for its proposed initial public offering as the arti

The S&P 500 (^GSPC) opened the week lower as oil prices spiked on renewed Iran tensions, with index futures slipping 0.1% after conflicting reports about a U.S. warship near the Strait of Hormuz. WTI crude futures jumped 3% to trade above $105 per barrel, and Brent climbed 3% to above $111, pulling capital into energy names. Futures recovered once ... S&P 500 Faces Oil-Fueled Sell-off Pressure in Possible Return to Merger Monday Deal