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Nasdaq, S&P 500 Drop Again. The Dow Is Down, Too.
Barrons.com66d agobearish
Nasdaq, S&P 500 Drop Again. The Dow Is Down, Too.

The Nasdaq fell again Friday amid ongoing struggles for AI stocks in the wake of Broadcom’s earnings earlier this week and ongoing concerns about spending among tech firms. The S&P 500 dropped 0.8%. The Dow fell 125 points, or 0.2%.

Don't expect to see SpaceX on the S&P 500 so soon after IPO
Yahoo Finance Video66d agoneutralVIDEO
Don't expect to see SpaceX on the S&P 500 so soon after IPO

S&P Dow Jones Indices stated that it will not be changing its rules to fast-track SpaceX (SPAX.PVT) and other mega-IPOs into the S&P 500 index (^GSPC). Morning Brief Host Julie Hyman and Vanity Fair contributing editor Bethany McLean discuss SpaceX's valuation in the lead up to the space company's public launch a week from now. JPMorgan Chase (JPM) CEO Jamie Dimon hosted Elon Musk as part of SpaceX's (SPAX.PVT) pre-IPO roadshow, as the company sets its sights on an IPO price of $135 per share next Friday, June 12.

Global Penny Stocks: 3 Picks With Market Caps Over US$400M
Simply Wall St.67d agoneutral
Global Penny Stocks: 3 Picks With Market Caps Over US$400M

Global markets have been buoyed by optimism surrounding a potential U.S.-Iran peace agreement, with major indices like the Nasdaq Composite and S&P 500 reaching new highs. In such an environment, investors are often on the lookout for opportunities that can offer growth potential despite market volatility. Penny stocks, while sometimes considered outdated in terminology, continue to present intriguing possibilities within smaller or newer companies. These stocks can still provide significant...

High Growth Tech Stocks To Watch In The Global Market
Simply Wall St.67d agoneutral
High Growth Tech Stocks To Watch In The Global Market

Global markets have been buoyed by optimism surrounding a potential U.S.-Iran peace agreement, with major U.S. stock indexes like the Nasdaq Composite and Russell 2000 reaching record highs, driven in part by enthusiasm for AI-linked stocks. In this environment of rising investor sentiment and technological momentum, identifying high-growth tech stocks involves looking for companies that are well-positioned to capitalize on advancements in artificial intelligence and other innovative...

LendingClub Nasdaq Move And Happen Rebrand Reframe Digital Bank Story
Simply Wall St.67d agoneutral
LendingClub Nasdaq Move And Happen Rebrand Reframe Digital Bank Story

LendingClub (NYSE:LC) plans to transfer its stock listing from the New York Stock Exchange to the Nasdaq. The company will trade under the new ticker "HAPN" as it rebrands to Happen Bank. The listing change aligns with LendingClub's repositioning as a growth-focused digital banking platform. LendingClub built its business around online lending and has expanded into digital banking, aiming to bring lending, deposits, and payments onto a single technology-focused platform. The switch to...