Inflation remains elevated, and the new Fed chair aims to change that.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Elon Musk has become the world's first trillionaire after SpaceX (Nasdaq: SPCX) made its public debut on June 12. While the company is best known for its spaceflight and artificial intelligence (AI) operations, what surprised many is that it holds Bitcoin in its treasury. The company ...
Ventuals (vHYPE), the platform that offers trading of private-company stocks such as OpenAI and Anthropic on Hyperliquid (HYPE), announced on June 15 that it was shutting down. Hyperliquid is a decentralized exchange offering high-leverage perpetuals trading of ...
The blockbuster stock market debut of SpaceX (NASDAQ:SPCX) last week may mark the beginning of a new phase in the current bull market, according to strategists at Evercore ISI, who see parallels with the transformative impact of Netscape’s IPO in 1995. SpaceX, trading under the ticker SPCX, raised $75 billion through its initial public offering on Friday at $135 per share, giving the company an implied valuation of $1.
The SpaceX IPO didn't turn out as some predicted.
Goldman Sachs wants investors to view SpaceX, which went public on June 12, as both a rocket company and an AI infrastructure business that could become Earth's largest within five years. The bank, which served as the lead underwriter for the initial public offering, has laid out revenue ...
But a giant leap for Tesla shareholders could be a rotten move for SpaceX investors.
(Bloomberg) -- The prospect of peace in the Middle East is setting up European stocks for a standout second half, as investors bet on stronger economic growth and easing inflation.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedAft
Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips, and AI infrastructure. Investors have been lining up to buy, and the demand ...
The offering would mark the company's first investment-grade dollar bond sale
Some analysts actually believe the company's current share price is justified.

SpaceX's SpaceXAI should get a solid boost from its Cursor acquisition, but it will still need to compete with rivals like OpenAI and Anthropic.
KPC Private Funds CEO Dean Rubino explains the current infrastructure and structural barriers around investors gaining access to private market exposure, especially as SpaceX's (SPCX) IPO and Anthropic's (ANTH.PVT) and OpenAI's (OPAI.PVT) imminent public launches dominate headlines.

<body><p>STORY: From SpaceX's colossal climb up the market...to Pizza Hut's price tag</p><p>This is the week in numbers.</p><p>:: The Week In Numbers</p><p>:: $2.52 trln</p><p>$2.52 trillion was the market cap given to SpaceX as shares of the rocket maker soared this week.</p><p>Elon Musk's company's value catapulted past Amazon's and briefly above Microsoft's.</p><p>Towards the end of the week though, shares dropped more than 6%...</p><p>as the post-IPO frenzy that briefly placed Elon Musk's rockets-to-AI firm...</p><p>among the world's top five most valuable companies, appeared to fizzle out.</p><p>:: 30%</p><p>30% is how much Allbirds shares soared by after the former footwear company changed its name to Smartbird.</p><p>The move cemented its months-long transformation from shoemaker to AI infrastructure firm, shifting its focus to offer cloud computing capacity.</p><p>The company also appointed former Amazon executive Nadia Carlsten as its new CEO. </p><p>:: 7%</p><p>More than 7% is the hit BMW's shares took after the German automaker issued a profit warning.</p><p>The premium carmaker blamed ongoing weakness in the world's largest auto market China, and the impact of the Iran war on prices and customer sentiment.</p><p>Analysts said the outlook cut was significantly larger than expected.</p><p>BMW shares dipped to their lowest level since 2020.</p><p>:: $22 bln </p><p>$22 billion is the amount media giant Fox is spending on buying streaming platform Roku.</p><p>The deal gives the parent company of Fox News access to Roku's more than 100 million households.</p><p>Potentially helping the legacy cable and broadcast company better compete for eyeballs, target its ads and reduce reliance on traditional distribution. </p><p>:: $2.7 bln</p><p>$2.7 billion is the price tag Yum brands set for Pizza Hut as the fast-food business struggles with stiff competition and cautious consumer spending.</p><p>Rising inflation and higher commodity costs have weighed on U.S. pizza chains facing weak demand.</p><p>Growing use of weight-loss drugs is nudging consumers toward healthier options.</p></body>
The former JPMorgan trader says the much-hyped IPO is really a cash-out for early investors who got in a decade ago, warning regular people could end up holding the bag.
(Bloomberg) -- Global stocks are ending a strong week on a cautious note as relief over an interim peace deal between the US and Iran gave way to a focus on the significant hurdles that remain to secure a lasting agreement.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s
SpaceX's record-shattering IPO left $16.7 billion on the table—and the company is burning through cash fast enough that every dollar counts.
SpaceX shares dropped 18% from their IPO peak, leaving average retail buyers near breakeven, raising questions about the rally's durability.
Space Exploration Technologies Corp.‘s $60 billion acquisition of AI coding startup Cursor has ignited a fierce Wall Street debate, drawing high-profile reactions from billionaire investor Bill Ackman and venture capitalist Chamath Palihapitiya on why the market will pay “massive premiums”...
One Musk-led mega company isn't an absurd idea.
S&P Global Ratings, Moody’s Ratings and Fitch Ratings also noted risks tied to the company’s capital needs and nascent AI business, and gave it a stable outlook.
Moody's Ratings assigned Elon Musk's SpaceX a Baa1 rating late Thursday. The grade puts the space-exploration company comfortably in investment grade status--three notches above speculative grade, or "junk"--helping keep borrowing costs down if SpaceX wants to sell bonds on the public market.
Expect some big reveals in late July or early August.
As SpaceX and Deep Fission go public and Anthropic and OpenAI look to follow, learn these rules for how to invest in IPO stocks.
Space Exploration Technologies' (SPCX) planned $60 billion all-stock acquisition of AI coding platfo
Wall Street closes on Friday to commemorate the Juneteenth Holiday. The stock market climbed this week ahead of the break.
Investors weigh execution risks and index inclusion support after SpaceX's volatile first trading week.
Charles Schwab handled 140,000 client calls as SpaceX's record IPO fueled heavy retail activity.