High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
AST SpaceMobile just priced its second billion-dollar convertible raise of the year and shares are sliding hard, but buried in the filing language is a clue about where that cash may actually be headed.
The Nasdaq composite is down more than 1% this morning. Here are the stocks on the index that are getting hit hard: 💾 Chips, memory makers: Sandisk, Micron, AMD, SK Hynix's ADRs, Intel, Western Digital, Seagate, Arm, Broadcom, Nvidia and Marvell are all deep in the red.
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.
SpaceX stock has fallen since its IPO, but Rocket Lab, AST SpaceMobile and Intuitive Machines offer alternative space plays, each with distinct growth catalysts and risks.
As America celebrates its 250th birthday this July 4 weekend, Jim Cramer took a moment on the "Mad Money" Lightning Round Tuesday, June 30, to flag a space company he believes could make investors real money over the next two years. The stock is AST SpaceMobile (ASTS). The call was brief, as ...
The Japanese government will grant up to 148 billion yen ($912 million) to Rakuten Group to help it build a satellite communications network, industry group Communications and Information Network Association of Japan said on Tuesday. Rakuten, an e-commerce, financial and telecommunications conglomerate, is in talks with AST SpaceMobile of the United States to form a joint venture for the project, a Rakuten spokesperson said. •Japan currently depends on SpaceX's Starlink and other services offered by foreign companies for low-orbit satellite communications, and it aims to nurture home-grown operators to boost its economic security.
(Bloomberg) -- As Elon Musk basked in the public spectacle of SpaceX’s blockbuster initial public offering this month, another — altogether more restrained — rocket executive also hailing from the Southern Hemisphere was putting the final touches on his biggest strategic move. Most Read from BloombergYen Hits Four-Decade Low in Historic Slide That’s Rattled JapanTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsWhatsApp Opens Username Reservations to 3 Billion UsersUS Stocks Get Tec
In the wake of the SpaceX IPO, investors can expect global communications and AI data processing — both via satellites — to be important themes for many years.
Shares of Elon Musk's rockets-to-AI firm SpaceX dropped nearly 9% on Thursday, as the post-IPO frenzy that briefly placed it among the top five most valuable companies of the world appeared to fizzle out. Its shares were last down 8.8% to $174.8, after falling nearly 5% in the last session. Despite the losses, the stock still traded more than 29% above its $135 offering price.
SpaceX's record-setting IPO has investors rushing into space stocks. From Rocket Lab to AST SpaceMobile, here's how to separate the durable winners from the hype in a fast-growing $1 trillion market.
AST SpaceMobile (ASTS) launched three satellites into orbit on Wednesday, 17th June, and the stock jumped 6% in response. The reaction looks like a simple relief rally after a clean mission. It is actually a direct rebuttal to the specific argument Wall Street’s bears have been making for the past ...
SpaceX stock continues its near-vertical ascent. AST SpaceMobile rises on successful satellite deployment. SpaceX completes ISS mission.
US stocks look set for a cautious start on Wednesday as investors await the first Federal Reserve interest rate decision under new chair Kevin Warsh, with the focus less on the immediate policy outcome and more on the route forward. Futures point to a flat open for the Dow Jones and S&P...
Does AI hype have Wall Street ignoring inflation? Trader Talk host Kenny Polcari discusses the growing concerns with NYSE Senior Market Strategist Michael Reinking, and Tuttle Capital Management CEO & CIO, Matthew Tuttle
Stocktwits data showed retail sentiment has improved to ‘bullish’ on SPY and ‘neutral’ on QQQ from ‘bearish’ earlier in the week.
The SpaceX initial public offering was expected to deliver exciting twists and turns, fireworks, and flare-ups—the kind of drama usually reserved for a summer thriller. The public debut of SpaceX—officially Space Exploration Technologies — portended different things to different investors but was significant for all. To others, it represented a gateway to an artificial intelligence-fueled utopia, in which SpaceX is worth trillions.
The official trading debut of SpaceX stock has triggered a dramatic unwinding of proxy trades that investors had been using to gain indirect exposure to the space giant.
Private capital is pouring into AI data center buildout, Adobe can’t shake software fears, this vacation destination is getting cheaper, and more news to start your day.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
