Investors can expect volatility heading into the SpaceX IPO and after shares of Elon Musk’s rocket company start trading. Shares of Rocket Lab, AST, Intuitive Machines Firefly Aerospace and Redwire dropped an average of 11%.
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Tesla stock rebounded early Tuesday as CEO Elon Musk reminded investors about where his EV company started and how far it’s come. The move came after Musk tweeted that Tesla’s IPO market cap was only 0.1% of its current market cap. The tweet also comes just ahead of SpaceX’s massive IPO, which is expected to raise a record amount of cash, and could value the rocket company at $2 trillion.
June 2 (Reuters) - The S&P 500 and the Nasdaq 100 futures edged lower on Tuesday after hitting a series of record highs, while blowout results from Hewlett Packard Enterprise and a funding commitment
The new head of the Fed has a virtually impossible task of appeasing the president and Wall Street concerning interest rates.
Yardeni expects strong retail demand for the AI-3 IPOs, noting that brokers have already begun inviting clients to participate in the SpaceX offering.
Monday on Wall Street, U.S. stocks ticked to more records. The S&P 500 added 0.3% to close at 7,599.96 and the Dow Jones Industrial Average rose 0.1% to 51,078.88. The Nasdaq composite climbed 0.4% to 27,086.81.
The Dow Jones Industrial Average added 0.1% while the S&P 500 was up 0.3% and the Nasdaq Composite gained 0.4%. The tail end of a robust first-quarter earnings season, ongoing artificial intelligence strength, and inflation figures roughly in line with expectations were enough to push equities higher today—familiar trends that have helped push the Nasdaq to its best two-month stretch in decades.
What's causing setbacks for Rocket Lab stock's incredible rally?
Anthropic, maker of the chatbot Claude, said Monday that it had filed confidential paperwork with federal regulators in preparation for selling its stock to the public. The company is expected to be one of three trillion-dollar debuts on the stock market this year, along with Elon Musk’s rocket and AI venture SpaceX and OpenAI, maker of ChatGPT. SpaceX filed to go public in April and OpenAI is expected to do so soon. (The Washington Post has a content partnership with OpenAI.)Subscribe to The Po
Crown Holdings has been treading water for the past six months, recording a small loss of 2.3% while holding steady at $95.12. The stock also fell short of the S&P 500’s 10.9% gain during that period.
SpaceX just filed its S-1 ahead of what could be the largest IPO in history.
Over the past six months, B&G Foods’s shares (currently trading at $4.09) have posted a disappointing 12.2% loss, well below the S&P 500’s 10.9% gain. This might have investors contemplating their next move.
The nation’s largest less-than-truckload carrier, FedEx Freight, began trading as a standalone company on Monday. The post FedEx Freight embarks on journey as standalone LTL carrier appeared first on FreightWaves.
When the S&P 500 was introduced nearly 70 years ago, it was designed to represent a wide swath of the U.S. economy. Call it the AI-fication of the S&P 500, in which a handful of companies now exert outsize influence over the benchmark index. According to Dow Jones Market Data, the 10 largest companies in the S&P 500 now represent 43.2% of the index's total market value.
FedEx completes spinoff of its FedEx Freight business. Shares join the S&P 500, Dow Jones Transportation indexes. FDX stock upgraded.
Wedbush analyst Dan Ives believes there is better than an 80% chance Tesla and SpaceX merger in 2027.
Although the bull case has rarely sounded louder, with one-year gains running hot and the index pressing new highs, Wall Street has a long memory, and that memory is not kind to stretched valuations that meet an inflation regime. The benchmark S&P 500 sits at $745.64 on the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) proxy ... The S&P 500 Lost 40% in Real Terms from 1968 to 1982. History Says It Could Happen Again.
While tech is still leading the party, more parts of the market are starting to join in.
Stock Market Today: The Dow Jones index rose Monday amid ongoing hopes for a U.S.-Iran deal. Nvidia stock jumped on a new chip.
Investing.com -- Morgan Stanley analyst Michael Wilson is growing more constructive on economically sensitive sectors, pointing to improving earnings revisions across Consumer Discretionary, Transportation and Financials as a sign that the cyclical recovery is broadening.
By Medha Singh and Twesha Dikshit June 1 (Reuters) - U.S. stock index futures climbed on Monday, supported by gains in Nvidia and Microsoft following their latest AI initiatives as investors looked
The Fed's latest inflation update is potentially dire news for a historically expensive stock market.
The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead. Chip stocks powered the S&P up 16% across April and May, a two-month surge matched only four other times since 1950, according to Dow Jones Market Data.
New Federal Reserve Chair Kevin Warsh's plans for the Fed's balance sheet could quietly push borrowing costs higher.
There's a difference between owning the market and owning the companies inside it, and most savers never notice the gap until it costs them money. For more than a year, the gap hasn't mattered. The S&P 500 has climbed in a nearly straight line, printing record after record, and the laziest ...
The S&P 500 just posted one of its best two-month runs ever. That often means more good times ahead.
The S&P 500 is near record highs. Micron just became a $1 trillion company in 48 trading days. Credit spreads are historically tight. Jamie Dimon has seen this before. The JPMorgan Chase CEO has spent the better part of 2026 watching markets climb through the same risks he has been flagging for ...