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(Bloomberg) -- Research analysts across Wall Street are telling would-be SpaceX IPO buyers that they’re modeling for the company’s artificial intelligence division to see 100 times revenue growth at the end of the decade, to help justify a targeted $1.8 trillion valuation.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Begins Rebuilding

CNBC’s Jim Cramer is making a paradoxical call on the pending SpaceX IPO. On Squawk on the Street this week, he predicted the stock could double on its opening trade to a $4 trillion valuation, while publicly trying to talk retail investors out of buying. The mechanics he points to (a microscopic float and forced ... CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

💲 The S&P 500's financial sector is up 2.6% today, which would be its biggest one-day gain since April 2025. Here are some of the top performers in the sector: Blackstone (BX), up 8%. Robinhood (HOOD), up 6.

UBS and Citigroup stocks are both close to emerging from cup bases. The two stocks advanced on Thursday.

Greed will keep the economy going as the AI giants mature, David Solomon says — as long as it doesn’t turn into fear.

Goldman Sachs expects revenue from SpaceX's AI division to surge to $322 billion by 2030, up from $3.2 billion ‌in 2025, according to the Wall Street bank's forecasts shared ‌with a potential investor, the Financial Times reported on Thursday. The investment bank has estimated ​SpaceX's total revenue to reach $474 billion in 2030 from $18.7 billion last year, the report added. Goldman has forecast revenue at SpaceX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, and reach $34.5 ‌billion in 2027, according to ⁠the report, citing a person familiar with the matter.

The Dow Jones Industrial Average rose Thursday while other indexes lagged behind thanks in part to gains in bank and healthcare stocks. “This is a non-chip rally,” said Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors.

(Bloomberg) -- At the height of the US bond-market selloff last month, Vishal Khanduja detected something unusual. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpGlazer Family Members Study Manchester United Stake SaleTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableAs yields on the longest-dated Treasuries surged toward a 19-year

SpaceX plans 555.6 million share sale as investors watch the largest IPO push on record.

Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.

Goldman Sachs stands to benefit from a big IPO push, so it's not shocking that its CEO is upbeat about investor demand for now.

(Bloomberg) -- The heads of Bank of America Corp. and Goldman Sachs Group Inc. said this week they’ve pressed New York Mayor Zohran Mamdani to get more apartments built in the city, a move they said would help with affordability.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Riches

(Bloomberg) -- SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr

(Bloomberg) -- Oil rose a third day on pessimism over the prospects of the US and Iran reaching a peace deal and as fighting flared up in the Persian Gulf.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for AI SpendingWest Texas Intermediate

Investing.com -- Goldman Sachs CEO David Solomon said Tuesday that there is sufficient capital available as major artificial intelligence companies prepare to enter public markets.

(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for

(Bloomberg) -- Oil flipped between gains and losses as traders parsed discordant signals on the prospects of a US-Iran peace deal. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedWest Texas Intermediate traded above $92 a

Most people never think about where their electricity comes from. You flip a switch, the lights turn on, and a bill shows up once a month. The whole system is built to fade into the background, and for two decades it mostly did. That stretch of calm came with a quiet financial upside. American ...

June 2 (Reuters) - Elon Musk's SpaceX is negotiating with banks underwriting its initial public offering to pay fees of less than 0.75% on the roughly $75 billion it aims to raise this month,

(Bloomberg) -- Elon Musk’s SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO — but banks are still likely to rake in about $500 million from the record-setting market debut.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Sa

(Bloomberg) -- Goldman Sachs Group Inc. is working on a potential initial public offering of a Kuwaiti online beauty and fashion retailer, a deal that could mark the Wall Street bank’s first listing mandate in the Gulf nation as it seeks to expand there.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingUS Says Deals With Iran for Safe Hormuz T

Real income growth has slowed to a pace "rarely seen outside of recession," Goldman Sachs warns — and Americans are only beginning to feel the squeeze.

(Bloomberg) -- It’s been a source of intrigue and confusion among currency traders for years. Just how does China decide each day where it’s going to set its fixing rate for the yuan — a reference point that determines its permitted trading range for the next session?Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStocks Rise on Trump’s I

(Bloomberg) -- For leveraged finance practitioners, artificial intelligence is the only game in town — especially in the absence of more debt deals to finance mergers and acquisitions.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin War Spending Is UnaffordableStocks Up as Trump Cites Rapid Pace in I

Money-losing tech stocks outpaced major indexes as strategists warn about rising yields and speculation.

HSBC is rebuilding its Hong Kong dealmaking push as IPO activity could top $43 billion in 2026.

(Bloomberg) -- Hedge funds purchased US equities at the fastest pace in six months last week, as the S&P 500 Index extended its historic winning streak, according to Goldman Sachs Group Inc.’s prime brokerage desk.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injur

(Bloomberg) -- The Australian dollar may have further scope to fall against the kiwi as traders unwind bearish positions in New Zealand’s currency following a hawkish shift from the nation’s central bank, analysts said.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarBerkshire Hat

(Bloomberg) -- Goldman Sachs Group Inc. sees two-sided risks to oil prices as a slump in demand competes with supply losses from the Middle East because of the Iran war.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionStrait of Hormuz Ship Transits Are Rising Thanks to US HelpA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectAmericans Injured in Iranian Missile Strike on Kuwaiti Air B

(Bloomberg) -- Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in America’s housing market. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on