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HSBC sends troubling SpaceX stock prediction
TheStreet17d agoneutral
HSBC sends troubling SpaceX stock prediction

Wall Street spent most of July arguing about how much SpaceX stock is worth. On Friday, July 24, HSBC became the first major bank to tag it as worth slightly less than the market is already paying. The bank initiated coverage of Space Exploration Technologies (SPCX) with a hold rating and a ...

Bloomberg17d agoneutral
Memory Frenzy Primes China Champion CXMT for Historic Debut

(Bloomberg) -- Investor excitement over the memory chip trade is setting outsize expectations for the Shanghai debut of CXMT Corp., which is on the brink of making history after a near-record initial public offering.Most Read from BloombergSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysRetina Chip Designed to Restore Sight to Go on Sale in EuropeTrump Seethes as Iran War Spirals Anew With No End in SightHouthis Claim Saudi Attack as US Ends Run of Iran StrikesDeepSeek Said to Tell

Peter Schiff says SpaceX is a warning for hyped stocks
TheStreet17d agoneutral
Peter Schiff says SpaceX is a warning for hyped stocks

Every generation of investors gets handed a story it is told not to question. For your parents, it might have been blue chips that could not fail. For your older siblings, it was probably a website with a good domain name. For a lot of you reading this, it has been the idea that anything touching ...

Investing.com17d agoneutral
BofA warns oil volatility could force c. banks to abandon look-through’ policy

Investing.com - Persistent oil price volatility caused by global shipping disruptions and geopolitical friction is threatening to entrench core inflation, creating a tough dilemma for major central banks, according to a report by Bank of America (BofA) Global Research. The Wall Street bank warned that standard monetary policy, which typically "looks through" short-term supply-side commodity shocks, may be inadequate after five years of above-target inflation. Downward-rigid prices in broader goo

Morgan Stanley strongly resets GE Vernova stock target
TheStreet17d agoneutral
Morgan Stanley strongly resets GE Vernova stock target

GE Vernova (GEV) told investors on July 22 that it plans to build more gas turbines than it had ever promised. After the announcement, the stock fell. Shares dropped 6.4% on the day of the news, even though the company raised full-year revenue and cash flow guidance and posted record orders. Morgan ...

Nvidia stock is doing something it hasn't done in years
TheStreet17d agoneutral
Nvidia stock is doing something it hasn't done in years

Nvidia (NVDA) has spent the last three years as the loudest success story in the stock market. Its climb turned it into a household name well beyond Wall Street trading desks, and its chips have become shorthand for the entire artificial intelligence boom. This year looks different. The gains are ...

Korea's chipmakers prepare big U.S. deals in Silicon Valley
TheStreet17d agoneutral
Korea's chipmakers prepare big U.S. deals in Silicon Valley

Samsung Electronics and SK Hynix are preparing to unveil major supply agreements with American technology companies during President Lee Jae Myung’s visit to Silicon Valley. The negotiations behind these deals have been running for months. What changed is the venue, and that detail says something ...

Bank of America revamps AMD stock price target for 2026
TheStreet17d agoneutral
Bank of America revamps AMD stock price target for 2026

For years, the AI chip conversation has had one dominant name and a long list of challengers trying to close the gap. Most of them haven't. One of them is starting to look different, and Bank of America just made that case in writing. Bank of America analyst Vivek Arya, who covers semiconductors ...

McDonald's new menu item copies a Chick-fil-A favorite
TheStreet17d agoneutral
McDonald's new menu item copies a Chick-fil-A favorite

McDonald's revolutionized fast-food breakfast with the creation of the Egg McMuffin in 1971 and the item's national rollout in 1975. Herb Peterson, a McDonald's franchisee in Southern California, created the breakfast sandwich, which was meant to be a portable version of Eggs Benedict. "It was ...

Mark Cuban sees a problem with the AI spending spree
TheStreet18d agoneutral
Mark Cuban sees a problem with the AI spending spree

Drive past enough American commercial real estate and you start to notice the second acts. The bowling alley that became a church. The Sears that became a self-storage warehouse. Somebody put up the building for one reason, the reason expired, and the concrete found a new job. That pattern is not a ...

Bloomberg18d agoneutral
DeepSeek Said to Tell Backers of Funding Pause After Viral Posts

(Bloomberg) -- DeepSeek has told prospective investors in its second fundraising round that it’s suspending the deal for now, people familiar with the matter said, days after comments widely attributed to founder Liang Wenfeng about US-Chinese AI competition went viral.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightApple Plans Overhaul of M

Bloomberg18d agoneutral
How Free Batteries Help NYC Small Businesses Save on Electric Bills

(Bloomberg) -- At Café Mars in Brooklyn, an all-electric kitchen means better air quality for the chefs whipping up short-rib ravioli and tofu cannolis, fewer carbon emissions — and a $4,000 electric bill. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysTrump Seethes as Iran War Spirals Anew With No End in SightApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandHegseth Turns to UNC, Vir

Vanguard ETFs offer bold escape from top-heavy S&P 500
TheStreet18d agoneutral
Vanguard ETFs offer bold escape from top-heavy S&P 500

A closer look at brokerage holdings reveals how the S&P 500’s composition has shifted considerably. The index once seen as a broad measure of American markets now carries a heavier technology weighting than at any point in the past two decades. Technology stocks made up close to 40% of the ...

Costco makes big payment changes
TheStreet18d agoneutral
Costco makes big payment changes

Although some people might complain about having to pay a membership fee, Costco has one of the most loyal customer bases in retail. The company reported that its U.S. and Canada membership renewal rate reached 92.2%, while the worldwide renewal rate was 89.7%, during its most recent quarter. ...

Jim Cramer says he's steering clear of one popular stock
TheStreet18d agoneutral
Jim Cramer says he's steering clear of one popular stock

Quantum computing is one of the most talked-about emerging technology themes on Wall Street right now. The Trump administration revealed plans to invest more than $2 billion into the sector on May 21. Stocks across the space surged. Investors poured in, massively. But Jim Cramer confirmed that he’s ...

Bloomberg18d agoneutral
Blackstone, Brookfield, KKR Ink $16 Billion Kuwait Pipeline Deal

(Bloomberg) -- Kuwait has agreed a $16 billion infrastructure partnership with Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. involving its oil-export pipelines, even as the Gulf nation comes under daily attacks from Iran.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandSpaceX at $100 Would Imply Zero AI Value, Morgan St