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AST SpaceMobile Surges 8%; Virgin Galactic, Rocket Lab Ride the SpaceX IPO Wave
24/7 Wall St.70d agobullish
AST SpaceMobile Surges 8%; Virgin Galactic, Rocket Lab Ride the SpaceX IPO Wave

Shares of AST SpaceMobile (NASDAQ:ASTS) are up 8% in midday trading on May 27, changing hands near $129. The satellite direct-to-cell name is leading a space-sector sympathy rally tied to SpaceX IPO buzz. The move extends an already torrid run. ASTS stock is up 78% year to date (YTD), making it the headline mover in ... AST SpaceMobile Surges 8%; Virgin Galactic, Rocket Lab Ride the SpaceX IPO Wave

24/7 Wall St.71d agobullish
AST SpaceMobile Rockets 20%, Planet Labs Soars 15%, Rocket Lab Climbs 6% as SpaceX IPO Lifts the Whole Sector

Shares of AST SpaceMobile (NASDAQ:ASTS) are climbing 20% in midday trading on Tuesday. Planet Labs (NYSE:PL) is up 15%, Rocket Lab (NASDAQ:RKLB) is gaining 6%. The rally is being driven by renewed investor focus on SpaceX’s pending public listing. SpaceX filed its S-1 last week. The document frames a roughly $1.75 trillion targeted valuation against ... AST SpaceMobile Rockets 20%, Planet Labs Soars 15%, Rocket Lab Climbs 6% as SpaceX IPO Lifts the Whole Sector

Rocket, Satellite Stocks Surge as SpaceX IPO Fuels Euphoria
Bloomberg71d agobullish
Rocket, Satellite Stocks Surge as SpaceX IPO Fuels Euphoria

(Bloomberg) -- Space and satellite-related stocks soared Tuesday as investor enthusiasm around the industry intensified after Elon Musk’s SpaceX filed for a public offering last week.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps Remain on Uranium, S

NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)
InvestorsHub71d agobullish
NANO Nuclear shares jump after acquisition of nuclear transport specialist (NNE)

Shares of NANO Nuclear Energy (NASDAQ:NNE) surged 14% after the company announced the acquisition of Secured Transportation Services LLC, a specialist provider of nuclear logistics and transportation services. Acquisition expands nuclear transportation capabilitiesThe deal adds Secured Transportation Services, a company with more than two decades of experience in transporting nuclear materials, to NANO Nuclear’s growing operations.

Maybe investors can wait to buy SpaceX after IPO: Lee Munson
Yahoo Finance Video75d agobullishVIDEO
Maybe investors can wait to buy SpaceX after IPO: Lee Munson

Elon Musk's private space operator, SpaceX (SPAX.PVT), released its S-1 filing this week as it plans to go public via IPO in June. The Wall Street Journal has reported that AI developer OpenAI (OPAI.PVT) is preparing to file for its own mega-IPO. As investors anticipate this mega-IPO, should they be equally cautious as they are bullish on these companies ? Portfolio Wealth Advisors president and CIO Lee Munson, Yahoo Finance Markets and Data Editor Jared Blikre, and Senior Business Reporter Ines Ferré weigh in on the wave of upcoming IPOs.

Estée Lauder shares jump 10% after Puig merger talks end
Proactive75d agobullish
Estée Lauder shares jump 10% after Puig merger talks end

Estee Lauder Companies Inc (NYSE:EL, XETRA:ELAA) shares rose about 10% on Wednesday after the company confirmed it has ended discussions with Puig regarding a potential business combination, removing uncertainty around a deal that had been under consideration since March. In a statement,...

Estee Lauder Stock Jumps After Merger Talks With Spain’s Puig End
The Wall Street Journal76d agobullish
Estee Lauder Stock Jumps After Merger Talks With Spain’s Puig End

Estee Lauder shares jumped more than 11% after hours on news that talks for it to acquire the Spanish beauty group Puig have been terminated. Lauder, whose brands include Clinique, M.A.C and Bobbi Brown Cosmetics, said Thursday that it instead remains focused on its turnaround efforts.

Anthropic Sends Jolt Through Market for Buying Shares in Hot Pre-IPO Startups
Bloomberg78d agobullish
Anthropic Sends Jolt Through Market for Buying Shares in Hot Pre-IPO Startups

(Bloomberg) -- In the moments after Anthropic expanded a ban on popular ways to buy its shares, investor chatrooms around the world lit up. “Are we screwed?” one person wrote in a WhatsApp chat for family offices with several hundred members. Similar questions reverberated more publicly across X, Reddit and Chinese-language social media, as investors worried whether their shares in the artificial intelligence developer — one of the most coveted private companies — had suddenly become worthless.D