XRP's market cap has plunged to just $70 billion.
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Driving revenue growth and earnings growth are two different things.
Citizens’ JMP Devin Ryan, Head of Financial Technology Research, argued on CNBC’s Squawk Box on June 12 that the real story of the SpaceX listing is the message it sends to every other private company sitting on the sidelines. “It’s good to be an investment banker, largest deal ever,” Ryan said, before pivoting to the ... Wall Street Analyst: SpaceX IPO Could Unleash Billions in New Public Offerings
Yahoo Finance Senior Reporter Brooke DiPalma joins Market Domination to tackle today's top trending tickers, including the momentum driving SpaceX (SPCX) shares in Friday's session after the company's IPO, the impact it is having on other space stocks Virgin Galactic (SPCE) and Rocket Lab (RKLB), and how semiconductor stocks such as Micron Technology (MU) and Nvidia (NVDA) are moving on the historic public offering.
May was a record-setting month for the prominent brokerage.
SpaceX began trading on NASDAQ this morning, and one of the company’s longtime venture capital backers offered a loud endorsement. On CNBC’s Squawk Pod, David George, a partner at venture capital giant Andreessen Horowitz (a16z), said Elon Musk’s space and AI businesses have largely solved their toughest technical challenges and are now focused on scaling. “When we ... Top Venture Capital Investor: Elon Musk Has ‘De-Risked All the Physics’ Behind Starlink and Colossus
Brad Gerstner’s Altimeter Capital fully exited its entire 519,290-share Alphabet (NASDAQ:GOOGL) position in Q1 2026, according to the firm’s 13F filed May 15, 2026 (SEC CIK 0001541617). In its place, Gerstner opened two brand-new positions that did not exist in the prior quarter: 1,715,440 shares of Arm Holdings (NASDAQ:ARM) worth roughly $259.5 million, and 148,986 ... Billionaire Brad Gerstner Dumped All of His Alphabet Then Bought 2 Stocks Nobody Expected
Apple's artificial intelligence (AI) ambitions are colliding with a costly memory crunch.
CNBC Wealth Editor correspondent Robert Frank delivered a milestone moment on air this morning, saying: “By the end of today, Elon Musk will likely become the world’s first trillionaire.” This comes as the result of the long-awaited SpaceX IPO, which is poised to revalue Musk’s privately held stake at public-market multiples and push his net ... Wealth Expert: SpaceX IPO Will Likely Make Elon Musk the World’s First Trillionaire
Shares of Arm (NASDAQ:ARM) are up 11% in midday trading on Friday, June 12, changing hands near $379. Qualcomm (NASDAQ:QCOM) stock is also rallying, climbing 5% to trade near $213. Both moves come after a choppy stretch for the chip-architecture group, with Arm and Qualcomm shares snapping back together. The purest IP peers in electronic ... Arm Rockets 11%, Qualcomm Rises 5%: Who’s Winning the Chip-Architecture Race?
Medical science's capabilities are catching up with what it knows about the genomics of disease. J&J just made sure it's better equipped to utilize the industry's newest capabilities.
The three biggest U.S. oil majors are sending mixed signals at current prices: Chevron (NYSE:CVX) at $185.82 looks constructive, Exxon Mobil (NYSE:XOM) at $146.60 looks constructive, and Occidental Petroleum (NYSE:OXY) at $55.47 warrants patience. A WTI spike to $114.58/bbl in April and a still-elevated $95.00/bbl print in early June have reset the math for every ... 3 Biggest Oil Giants: Buy, Sell or Hold?
This eVTOL maker still has a bright future.
On June 11, Intel (INTC) received a Wall Street revamp that could flip the script on its stock performance, according to a research note shared with me at TheStreet. Investors had been bracing for more skepticism around Intel’s turnaround. The company still faces fierce pressure from Nvidia, ...
As of June 9, Bitcoin is firmly in a bear market. I’m literally watching the price as I write this. It has slipped below $62,000 and is now sitting around $61,790 per coin. That is a long way from the all-time high of roughly $122,000 reached less than a year ago. Still, some investors have ... How to Hedge IBIT and Earn Income With Options Through a Bitcoin Bear Market
SpaceX's shares got more expensive by the minute. But don't let FOMO fool you.
The prominent analyst expects Ether to replicate Bitcoin's historic run.
Citi raises AMD price target to $575 from $460
On a recent Diet TBPN segment, co-host John Coogan read at length from an Economist piece making a striking claim about where corporate America now lives. The thesis, quoted directly: “Texas is steadily establishing itself as America Inc.’s new center of gravity. No state receives more business investment or is adding more people to its ... Move Over, New York! Why Texas Is Becoming ‘America’s New Center of Gravity’
Shares of Intel (NASDAQ:INTC) are up 8% in midday trading on Friday, June 12, changing hands near $127. That move makes Intel the standout performer among the three mega-cap chip names investors are tracking most closely today. Advanced Micro Devices (NASDAQ:AMD) stock is also rallying, up 6% to $518. NVIDIA (NASDAQ:NVDA) stock is little changed ... Intel Is Up 8% Today: Is It Outperforming Other Chip Stocks Like AMD and NVIDIA?
SpaceX soared 23% in its first hour of trading, but the Nasdaq barely budged. Here's why even a $2 trillion newcomer can't move the needle in a market ruled by $4 trillion giants.
SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion. According to CNBC’s Melissa Lee, that places SpaceX as the seventh most valuable U.S. company, ahead of Tesla (NASDAQ:TSLA), and pushes Elon Musk to the edge ... SpaceX Raises Record $75 Billion in Historic IPO, Reaches $1.8 Trillion Valuation
Micron Technology (NASDAQ:MU) is the chip stock dominating every feed after its memory business rode the AI cycle to a $1.12 trillion market cap and a 760.37% one-year run. But here’s what you should actually be watching. The Crowded Trade at the Top of the Cycle Memory margins do not stay at 74% forever. Micron ... Forget Micron Technology: 1 Record-Breaking Cloud Powerhouse to Buy Hand Over Fist After the Pullback
A new Wall Street forecast suggests one of artificial intelligence's most critical components may remain in short supply for years. Artificial intelligence has produced clear winners. Nvidia (NVDA) has become the poster child of the AI revolution. Cloud companies still spend billions on ...
Our POET Technologies (NASDAQ:POET) call is straightforward: the stock could nearly double from here over the next 12 months. With shares trading at $11.25 after a sharp pullback, our 24/7 Wall St. price target for POET is $22.49, implying 99.91% upside. We rate POET a buy with 50% model confidence, a moderate conviction level that ... Will Poet Technologies Stock Double This Year?
NVIDIA (NASDAQ:NVDA) and AMD (NASDAQ:AMD) both reported earnings in May, and the contrast says everything about today’s AI hardware market. NVIDIA posted a $81.6 billion quarter built on Blackwell dominance. AMD posted $10.25 billion, with the Meta partnership reshaping its data center story. One is the incumbent. The other is the credible challenger finally getting ... Nvidia vs AMD: The Better AI Stock Is A Better Buy This June
Shares of SpaceX (NASDAQ:SPCX) are up 30% in midday trading Friday after the company completed the largest IPO in history. SPCX stock traded near $175, well above the $150 open and the $135 IPO price set Thursday night. This ranks among the most closely watched NASDAQ debuts in years. The SpaceX session has been volatile ... SpaceX Soars 30% in Record $75 Billion Debut as Elon Musk Becomes the World’s First Trillionaire
The pharmaceutical company's flagship anti-obesity drug continues to bolster its efficacy and tolerability arguments.