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Stocktwits data showed retail sentiment is weak, declining to ‘extremely bearish’ on SPY and ‘bearish’ on QQQ.
The European chip maker, which also counts Apple and Tesla among its clients, raised its revenue target after having had upgraded its forecast in June.
Tesla stock fell about 0.5% before Wednesday's open. Heading into today's earnings call investors are eager for updates about robotaxis and Optimus robots, which are key to Tesla's push into AI.
Mega-IPOs don't necessarily become the biggest winners -- at least, not quickly.
Sometimes, a promising stock that's down 45% still isn't a bargain.
All three major US stock indexes were down Friday, as chipmakers led the way down on the final tradi
Stock Market Today: The Dow Jones index dropped Friday as Netflix stock plunged on earnings. SpaceX shares sold off on a canceled test flight.
U.S. markets bled amid rising AI concerns after Taiwan Semiconductor Manufacturing massively hiked its capital expenditures for 2026.
KeyBanc expects major stock unlocks beginning around Q2 earnings, potentially expanding tradable supply sharply.
Shares of SpaceX fell in after-hours trading Thursday after the company wasn’t able to launch its Starship rocket on a key test flight. SpaceX was proceeding toward the launch at 6:45 p.m. ET from its site near Brownsville, Texas, with its countdown clock ticking down. Then, the mission was aborted just as the Starship booster engines were supposed to start firing away, according to a company livestream.
SpaceX shares closed below their $135 IPO price for the first time, marking a sharp decline from the record high posted soon after the stock started trading last month.
Taiwan Semiconductor Manufacturing posted its fifth straight quarter of record earnings earlier today, but that wasn’t enough to cheer investors. The Nasdaq slipped 1.5%, with Sandisk Western Digital and Marvell among the biggest losers. The PHLX Semiconductor index was off 4.3%.
Rising short interest, a Starship test, earnings, and lockup expirations put SpaceX shares in focus.
(Bloomberg) -- Oracle Corp.’s ambitions to dominate the artificial intelligence buildout are running into a key hurdle: funding a spending spree without further damaging its credit standing.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsBeckham’s IM8 Gets $1 Billion From General Catalyst for GrowthOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI CompanionCIA Says AI Drones Give Russian Troops Only 30 Minutes to LiveOnePlus, Once Popula
Short sellers targeting SpaceX shares are sitting on an estimated $8.7 billion in paper profit since the rockets-to-AI firm's initial public offering, as its stock slipped below the IPO price, according to data and analytics firm Ortex Technologies. Short sellers aim to sell borrowed shares to buy them back at a profit. (Reporting by Saqib Iqbal Ahmed)
SpaceX continues to be highly watched stock as the company prepares for its biggest rocket launch yet. Tonight's big event comes as SpaceX shares plumb new lows.
SpaceX has surrendered every post-IPO gain in five weeks, landing back at its offering price while one analyst quietly models a valuation that dwarfs the entire cloud computing industry. The question is whether that call is visionary or delusional.
New arrivals on the stock market often generate plenty of early hype. Their average early returns are less exciting.
Shares of Musk’s rocket and telecom company slipped under the $135 debut price this week, and selling hasn’t even started yet.
The stock has shed about 34% from its peak, pulling SpaceX's market cap down to roughly $1.75 trillion from above $2.6 trillion last month
SpaceX stock continued its multi-week downtrend Wednesday, officially falling below its IPO listing price.
Shares slipped 2.5% to $132.72 in recent trading. Over the past month they have edged lower; even SpaceX’s addition to the Nasdaq-100 index didn’t boost them. SpaceX is hardly the first big IPO to struggle in early days or weeks of trading.
Shares in Elon Musk’s SpaceX have fallen below their initial public offering (IPO) price for the first time since the rocket company went public.
Shares closed just $1 above the IPO price as Wall Street remains broadly bullish despite continued selling pressure.
SpaceX stock is dangerously close to breaking its $135 IPO price. SpaceX is set to test its huge, fully-reusable Starship for the thirteenth time. Starship promises to dramatically lower the cost of reaching space while dramatically increasing SpaceX’s capacity to put things into orbit.
AI expansion, index additions, and bullish analyst initiations failed to prevent post-IPO profit-taking.
Bernstein cut price targets on AT&T, T-Mobile and Verizon on views Elon Musk's Starlink poses a competitive threat. SpaceX stock fell.
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