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Investing.com10d agobearish
Seaport downgrades Warner Bros Discovery as merger delay clouds upside

Investing.com -- Seaport Research Partners downgraded Warner Bros Discovery to Neutral from Buy, arguing that a prolonged delay to its proposed acquisition by Paramount Skydance reduces the attractiveness of the stock despite potential upside if the transaction is ultimately completed. The downgrade follows Paramount Skydance's decision to put the acquisition on hold until as late as June 1, 2027, as it seeks to address legal challenges from the Writers Guild and several U.S. state attorneys gen

SpaceX Stock Rises After 13th Starship Test—Flight 14 Will Be Wild
Barrons.com10d agobearish
SpaceX Stock Rises After 13th Starship Test—Flight 14 Will Be Wild

SpaceX stock rose a little in early trading after the company completed a successful Starship test flight on Friday evening. Starship is SpaceX’s huge, fully reusable launch system designed to dramatically lower costs to reach space. SpaceX wants to build a constellation of AI computing satellites beginning in 2028.

Market Fear Index Drops as Fears About Higher Inflation Fade
Barrons.com10d agobearish
Market Fear Index Drops as Fears About Higher Inflation Fade

Investors were feeling a bit calmer on Monday after a lull in fighting in the Middle East over the weekend sparked a drop in oil prices, easing worries about higher inflation. The Cboe Volatility Index, or VIX, slid by 1 point to 17.

Down 99%, popular EV stock is ripe bankruptcy candidate
TheStreet12d agobearish
Down 99%, popular EV stock is ripe bankruptcy candidate

Electric vehicles were supposed to be the future of the auto industry. For one Saudi-backed automaker, the future is starting to look a lot like a balance sheet crisis. Lucid Group has burned through billions of dollars in cash, missed delivery targets, and just replaced most of its executive ...

Elon Musk confirms former trillionaire status as SpaceX plunges 50%
TheStreet13d agobearish
Elon Musk confirms former trillionaire status as SpaceX plunges 50%

On July 24, Elon Musk confirmed on X that he is now a former trillionaire. The tech tycoon's wealth skyrocketed following the initial public offering (IPO) of SpaceX (Nasdaq: SPCX) more than a month ago on June 12. The space technology and artificial intelligence (AI) company also ...

After MicroStrategy, another crypto company sells Bitcoin
TheStreet13d agobearish
After MicroStrategy, another crypto company sells Bitcoin

The ongoing crypto winter has forced Michael Saylor's Strategy (Nasdaq: MSTR), formerly MicroStrategy, to sell Bitcoin (BTC) twice this year. 32 Bitcoin for around $2.5 million during May 26-313,588 BTC for $216 million during June 29-July 5 The company has sold Bitcoin for the first time after ...