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AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%
24/7 Wall St.72d agobearish
AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%

Space stocks are splitting sharply this Friday morning after Blue Origin’s New Glenn rocket exploded during a hotfire test late Thursday at Cape Canaveral. AST SpaceMobile (NASDAQ:ASTS) stock is down 17% to $111, while Planet Labs (NYSE:PL) stock has dropped 8% to roughly $47.50 and Rocket Lab (NASDAQ:RKLB) stock has slipped 6% to $139. Virgin ... AST SpaceMobile Plunges 17%, Planet Labs Drops 8% on Blue Origin Explosion, While Virgin Galactic Surges 11%

Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI
24/7 Wall St.72d agoneutral
Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI

Chris Camillo, the retail investor and Dumb Money Live host known for his social-arbitrage trading style, used a recent appearance on The Iced Coffee Hour podcast to lay out one of the most concentrated public bets you will hear from a recognizable retail name. Roughly 70% of his portfolio sits in Amazon (NASDAQ:AMZN) through leveraged ... Investor Goes 70% Into Amazon With Leveraged Options, Calls Amazon ‘Ultimate Beneficiary’ of AI

Hershey Bull Sees World Cup, America 250 Lifting Sales
Bloomberg72d agoneutral
Hershey Bull Sees World Cup, America 250 Lifting Sales

(Bloomberg) -- Summer events including the FIFA World Cup and America’s 250th anniversary could spur sales of sweet treats, making now a key time to snap up beaten-down shares of Hershey Co., according to the candy and snack maker’s newest Wall Street bull.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceSpaceX Said to Cut IPO Value Goal to at L

Buy Or Sell Microsoft Stock At $425?
Trefis72d agoneutral
Buy Or Sell Microsoft Stock At $425?

Microsoft (MSFT) stock has declined roughly 12% over the last six months and currently trades around $425, well off its October 2025 peak of $542. Investors are worried, and the concern is legitimate: rising capital expenditure is compressing near-term returns. But does that make the stock a sell? We don't think so. Here is why.

Blue Origin Rocket Explosion Sends Space Stocks Plummeting
The Wall Street Journal72d agoneutral
Blue Origin Rocket Explosion Sends Space Stocks Plummeting

Shares of space companies are falling back to earth after a rocket being tested by Jeff Bezos’ Blue Origin exploded Thursday night. Blue Origin had been planning to use New Glenn to deploy commercial satellites for Amazon and other companies and to blast its own cargo lander to the moon. The fallout rippled across the industry, with companies that are tied to Blue Origin—and others that aren't—falling shortly after the opening bell.

Walmart Worth Less Than Anthropic
24/7 Wall St.72d agoneutral
Walmart Worth Less Than Anthropic

It is a staggering valuation. AI superstar Anthropic raised $65 billion with a post-money valuation of $965 billion. That pushed it ahead of arch-rival OpenAI, which was most recently valued at $852 billion. It also puts the Anthropic’s figure ahead of Walmart (NYSE: WMT), which has a market cap of $948 billion. Walmart is the ... Walmart Worth Less Than Anthropic

Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure
24/7 Wall St.72d agoneutral
Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure

Jeff Bezos used a CNBC Squawk Box interview that aired May 20, 2026 to deliver the clearest statement yet of his current operating philosophy: artificial intelligence has become the single connective tissue across every company he touches. “My through line for the last few years has been AI. My time at Amazon is spent on ... Amazon’s AWS hits fastest growth in 15 quarters as Bezos doubles down on AI infrastructure

Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan
24/7 Wall St.72d agoneutral
Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan

Jeff Bezos walked the factory floor at Blue Origin on May 20, 2026 and used a CNBC interview to propose zero federal income tax for any American earning $75,000 a year or less. He framed wealth inequality as a government efficiency problem, anchoring his argument around a single working person. “There’s this tale of two ... Jeff Bezos Wants to Eliminate Income Taxes for Half of America: Here’s His Plan