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How SpaceX mania made Musk more money in 1 day than 'Bill Gates' entire net worth'
Yahoo Finance Video65d agoneutralVIDEO
How SpaceX mania made Musk more money in 1 day than 'Bill Gates' entire net worth'

Scott Melker discusses SpaceX's (SPCX) trading frenzy, outlines the skepticism surrounding the company's valuation, and puts CEO Elon Musk's wealth into context. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

A new technology is learning how to move money
TheStreet65d agoneutral
A new technology is learning how to move money

For the past two years, the story of AI on Wall Street has mostly been about speed. Faster research, faster summaries, faster answers to questions an analyst would otherwise spend an afternoon on. That story is now changing shape. The systems now being built are not just answering questions about ...

You Missed Micron’s 811% Run — but There’s Still 40% More Upside, According to Wall Street
24/7 Wall St.65d agobearish
You Missed Micron’s 811% Run — but There’s Still 40% More Upside, According to Wall Street

The AI boom has created a small group of companies that sit at the center of an enormous spending wave. Most investors immediately think of Nvidia (NASDAQ:NVDA) when they hear that story. Yet memory chips have quietly become just as critical to AI infrastructure as GPUs. Every AI server requires massive amounts of DRAM and ... You Missed Micron’s 811% Run — but There’s Still 40% More Upside, According to Wall Street

Intel Tumbles 7% Despite BoA Double Upgrade, AMD Slides 6% as AI Infrastructure Deal Can’t Stop Profit-Taking
24/7 Wall St.65d agobearish
Intel Tumbles 7% Despite BoA Double Upgrade, AMD Slides 6% as AI Infrastructure Deal Can’t Stop Profit-Taking

Shares of Intel (NASDAQ:INTC) are down 7% at midday on Tuesday, while Advanced Micro Devices (NASDAQ:AMD) stock is sliding 6%. The pullback comes after a torrid multi-session rally in both names. Intel stock closed yesterday at $127.86, having climbed 18% over the past month. AMD stock ended Monday at $547.26, an all-time high. No fresh ... Intel Tumbles 7% Despite BoA Double Upgrade, AMD Slides 6% as AI Infrastructure Deal Can’t Stop Profit-Taking

Archer Aviation Could Double as FAA Certification Nears
24/7 Wall St.65d agoneutral
Archer Aviation Could Double as FAA Certification Nears

Archer Aviation (NYSE:ACHR) has had a rough year. After running up above $14.62 in the last 52 weeks, the eVTOL hopeful now trades at $5.08, down 32.45% year to date. Our 24/7 Wall St. price target for Archer Aviation is $11.51 over the next 12 months, implying 126.61% upside. The model rates Archer a buy ... Archer Aviation Could Double as FAA Certification Nears

Buy, Hold, or Sell: SoundHound AI Slid 20% in June Despite a Massive $100 Million Acquisition. Is SOUN a Buy at $7.35?
24/7 Wall St.65d agoneutral
Buy, Hold, or Sell: SoundHound AI Slid 20% in June Despite a Massive $100 Million Acquisition. Is SOUN a Buy at $7.35?

At $7.35, SoundHound AI (NASDAQ:SOUN) screens as a wait-and-watch setup, with research framing suggesting a more attractive entry near $6.50 on macro-driven weakness. The voice AI specialist absorbed a brutal June sell-off despite announcing a $100 million acquisition of LivePerson. SoundHound builds an independent voice and agentic AI platform spanning automotive, restaurants, financial services, and ... Buy, Hold, or Sell: SoundHound AI Slid 20% in June Despite a Massive $100 Million Acquisiti

Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX
24/7 Wall St.65d agobearish
Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX

Shares of space stocks are tumbling in mid-morning trading on Tuesday, with Planet Labs (NYSE:PL) stock leading the decline. Planet Labs stock is down to roughly $27 and change, extending a sharp pullback in the satellite imagery name. Intuitive Machines (NASDAQ:LUNR) stock is also under heavy pressure, slipping 9% to $23 and change. Meanwhile, Firefly ... Planet Labs Sinks 10%, Intuitive Machines Drops 8%, Firefly Aerospace Falls 7% as Traders Rush to SpaceX

Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift
24/7 Wall St.65d agobullish
Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift

I keep hitting the buy button on Meta Platforms (NASDAQ:META), and the louder the market panics about the company’s $125 billion to $145 billion capital expenditure plan, the more shares I add. The stock sits at $593.48, down 9.94% year to date and 12.75% over the past year. To me, that is a sale tag ... Why I Can’t Stop Buying This Cash-Rich Stock After a Massive $145 Billion AI Shift

Attention Retirees: This 51-Year Dividend Aristocrat Is Secretly Riding a Multi-Billion Dollar Cash Wave
24/7 Wall St.65d agoneutral
Attention Retirees: This 51-Year Dividend Aristocrat Is Secretly Riding a Multi-Billion Dollar Cash Wave

If you are building a retirement income portfolio, Automatic Data Processing (NASDAQ:ADP) is one of the few payroll-fueled cash machines worth a hard look right now. The stock is down 25.24% over the past year, but the dividend engine underneath has only gotten stronger. The question I want to answer: is this payout actually as ... Attention Retirees: This 51-Year Dividend Aristocrat Is Secretly Riding a Multi-Billion Dollar Cash Wave

A Researcher Who Left the AI Labs Predicted Google’s Stock Would “Explode”
24/7 Wall St.65d agoneutral
A Researcher Who Left the AI Labs Predicted Google’s Stock Would “Explode”

Back in June 2024, researcher Leopold Aschenbrenner left OpenAI’s superalignment team and predicted that Alphabet (NASDAQ:GOOGL) stock would “explode.” Two years later, that call has aged remarkably well. The stock has done exactly what he said it would, and the underlying business matches the picture he sketched.”I care about it once you get the AI ... A Researcher Who Left the AI Labs Predicted Google’s Stock Would “Explode”

Elon Musk Just Made More Money in 6.5 Hours Than Warren Buffett Made in His Entire Life.
24/7 Wall St.65d agoneutral
Elon Musk Just Made More Money in 6.5 Hours Than Warren Buffett Made in His Entire Life.

Yesterday handed Elon Musk one of the largest single-day wealth gains in recorded financial history. SpaceX shares ripped from $160.95 to $192.50, and Forbes’ real-time billionaires tracker put Musk’s one-day paper gain at $164.8 billion. Warren Buffett, who had his own “good day” with an estimated $2 billion gain, finished the session with a net ... Elon Musk Just Made More Money in 6.5 Hours Than Warren Buffett Made in His Entire Life.

Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal
24/7 Wall St.65d agoneutral
Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal

Prior to the start of the Iran War, President Donald Trump had been feuding with Jerome Powell about cutting interest rates. Despite tremendous capital inflows from tariffs, record-low inflation, and a revived business climate due to cutting bureaucratic Biden-era restrictions, Powell stubbornly refused to cut rates. Kevin Warsh took the Fed chair oath on ... Long Bonds Just Lost Money for a Sixth Straight Year, And One Quiet ETF Is Engineered for the Reversal

SHLD vs. PPA: Which Defense ETF Wins the Global Rearmament Trade?
24/7 Wall St.65d agobullish
SHLD vs. PPA: Which Defense ETF Wins the Global Rearmament Trade?

Defense ETFs have multiplied as the global rearmament cycle has matured, and two of the most-followed products take very different routes to the same theme. The Global X Defense Tech ETF (NASDAQ:SHLD) and the Invesco Aerospace & Defense ETF (NYSEARCA:PPA) both promise exposure to rising military budgets, but they define the trade in incompatible ways. ... SHLD vs. PPA: Which Defense ETF Wins the Global Rearmament Trade?

Nvidia Is Back Above $5 Trillion. Here’s What Comes Next
24/7 Wall St.65d agoneutral
Nvidia Is Back Above $5 Trillion. Here’s What Comes Next

NVIDIA (NASDAQ:NVDA) is back through the $5 trillion mark. CEO Jensen Huang called “the buildout of AI factories, the largest infrastructure expansion in human history” on the most recent earnings call, and the numbers back him up. Data Center revenue hit $75.246 billion in Q1 FY27, up 92% year over year, with Networking alone growing ... Nvidia Is Back Above $5 Trillion. Here’s What Comes Next