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Are Big Stock Offerings Behind Tuesday’s Tech Selloff?
The Wall Street Journal64d agobearish
Are Big Stock Offerings Behind Tuesday’s Tech Selloff?

The catalyst for investors' dumping AI stocks again Tuesday isn't totally clear. But Brian Jacobsen, chief economic strategist for Annex Wealth Management, suggested Alphabet's recent capital raise and SpaceX's impending IPO could be contributing to the ongoing declines.

Does SpaceX have the wherewithal to put AI data centers in space?
Yahoo Finance Video64d agoneutralVIDEO
Does SpaceX have the wherewithal to put AI data centers in space?

OpenAI (OPAI.PVT) has confidentially filed for an IPO after Monday's market close, setting up its own public launch to compete with Anthropic's (ANTH.PVT) this fall season. Winthrop Capital CIO Adam Coons explains whether his firm is eager to buy into SpaceX (SPAX.PVT) upon its IPO this Friday, June 12, while Yahoo Finance Markets and Data Editor Jared Blikre outlines SpaceX's possible challenges to scale for its proposed AI data centers in space. Elon Musk's SpaceX (SPAX.PVT) is expected to go public on the Nasdaq this week under the ticker SPCX, with an IPO price of $135 per share.

Michael Saylor is now blaming AI for bitcoin's price crash
Yahoo Finance Video64d agobearishVIDEO
Michael Saylor is now blaming AI for bitcoin's price crash

Scott Melker discusses how Strategy (MSTR) executive chairman Michael Saylor is now blaming AI for bitcoin's (BTC-USD) price crash. He goes on to highlight Arca and 10x Research's respective responses to Saylor's recent comments. Strategy sold $2.5 million worth of bitcoin last week, going on to buy the dip and purchase $101 million in the crypto asset this week. "The Daily Wolf with Scott Melker" airs on Yahoo Finance every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Investing.com64d agoneutral
SpaceX IPO demand from institutions exceeds available shares

Investing.com -- SpaceX’s initial public offering has attracted orders from institutional investors that are several times larger than the number of shares available, according to a report from Bloomberg News, citing people familiar with the matter.

Elon Musk reveals his grand ambitions for SpaceX ahead of IPO
TheStreet64d agoneutral
Elon Musk reveals his grand ambitions for SpaceX ahead of IPO

SpaceX is days away from one of the most anticipated initial public offerings in stock market history. The company is expected to price on June 11 and begin trading on June 12 at a valuation of approximately $1.75 trillion, which would make it the most valuable IPO ever completed. Before the ...

Google Is Paying SpaceX Over $900 Million a Month for AI Compute
24/7 Wall St.64d agoneutral
Google Is Paying SpaceX Over $900 Million a Month for AI Compute

The AI boom is giving investors no shortage of curveballs. In a rather surprising move, Alphabet‘s (NASDAQ:GOOGL) Google inked a deal that’ll see Elon Musk’s SpaceX (SPCX) receive $920 million per month to rent its AI compute capacity. The move, which is slated to last between October 2026 and June 2029, is more of a ... Google Is Paying SpaceX Over $900 Million a Month for AI Compute

OpenAI Moves Toward IPO as Wave of Major AI Listings Builds Momentum
InvestorsHub64d agoneutral
OpenAI Moves Toward IPO as Wave of Major AI Listings Builds Momentum

OpenAI has confidentially submitted paperwork for an initial public offering, paving the way for what could become one of the most closely watched stock market debuts in years and a potentially significant liquidity event for its early backers. The filing follows Anthropic’s recent announcement that it intends to pursue its own public listing and comes just ahead of SpaceX’s anticipated market debut later this week.

'Big Short' investor sends warning on SpaceX's June 12 IPO
TheStreet64d agoneutral
'Big Short' investor sends warning on SpaceX's June 12 IPO

Steve Eisman, the investor who made his name betting against subprime mortgages before the 2008 crash, wants no part of the SpaceX IPO. However, crypto traders feel the opposite, and they have the price tags to prove it. Eisman, now host of "The Real Eisman Playbook" podcast and a former ...

What's driving demand for OpenAI and SpaceX IPOs
Yahoo Finance Video64d agoneutralVIDEO
What's driving demand for OpenAI and SpaceX IPOs

Yahoo Finance Breaking News Reporter Jake Conley and Opening Media CEO Phil Rosen join Julie Hyman on Morning Brief to discuss the latest developments surrounding OpenAI's (OPAI.PVT) IPO plans and SpaceX's (SPCX) upcoming public debut on June 12. They break down the growing retail investor interest in both offerings and examine whether either stock is worth buying at its IPO price.

Elon Musk Reveals Insane Plan to Double American Chip Production in a Single Plant
24/7 Wall St.64d agoneutral
Elon Musk Reveals Insane Plan to Double American Chip Production in a Single Plant

Tesla (NASDAQ:TSLA) CEO Elon Musk is once again pitching a project that sounds engineered to break Excel spreadsheets. According to an X post from Sawyer Merritt circulating this week, Musk described Terafab as a roughly 100 million square foot facility, about 10 times larger than Tesla’s Giga Texas factory, with a long-term output target of ... Elon Musk Reveals Insane Plan to Double American Chip Production in a Single Plant

Wall Street sees AI trade bearing fruit with MANGOS ahead of IPOs
Yahoo Finance Video64d agoneutralVIDEO
Wall Street sees AI trade bearing fruit with MANGOS ahead of IPOs

MANGOS — no, not the tropical stone fruit — is the latest Big Tech acronym to be at the top of investors' minds ahead of 2026's biggest IPOs. MANGOS consists of Meta Platforms (META), Anthropic (ANTH.PVT), Nvidia (NVDA), Alphabet (GOOG, GOOGL), OpenAI (OPAI.PVT), and SpaceX (SPCX, SPAX.PVT). Yahoo Finance Senior Business Reporter Ines Ferré explains the latest AI tech groupings being coined by Wall Street analysts.

This Week Might Be the Make or Break Moment for the “Trump Bull Market”
24/7 Wall St.64d agoneutral
This Week Might Be the Make or Break Moment for the “Trump Bull Market”

If there’s ever been a make-or-break for the great Trump bull market, it’s probably this week — the week that SpaceX goes live on the public markets for the very first time. Investors went into the week pretty unsettled after Friday left investors pondering what to do over the weekend after semiconductors imploded, dragging down ... This Week Might Be the Make or Break Moment for the “Trump Bull Market”