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Shares of several retail brokers that offered shares of SpaceX to customers at the IPO price rose on Friday, although not as dramatically as SpaceX's more than 20% gain. Charles Schwab shares were up 3% in late afternoon trading Friday, although the company also had some non-SpaceX good news of its own that probably helped boost the stock: solid growth in new assets and brokerage accounts. Robinhood's stock gained more than 1.5%, despite the fact that the firm reported some technical issues earlier Friday due to the "record-breaking traffic."

Much ado has been made about when SpaceX can join major stock indexes, the benchmarks that funds track in millions of Americans' 401(k) retirement plans. Index providers—who had never before dealt with a company that is already among the largest in the U.

A SpaceX-Tesla merger seems inevitable.

Shares of SpaceX traded around the middle of Friday's price range, as the most hyped IPO in years finally arrived in the broad stock market and immediately became one of the largest companies in the world. The IPO raised $75 billion, making it the largest initial public offering in history. It also values the company at roughly $1.8 trillion initially.

On June 12, Oracle’s (ORCL) earnings beat ran straight into what has apparently been a wall of investor worry. Wall Street had been looking for proof that Oracle’s cloud infrastructure business was still riding the AI boom, and the company delivered plenty of it. Revenue surged, Oracle Cloud ...

Microsoft (MSFT) hasn't ruled out spinning out or restructuring its Xbox gaming unit as a subsidiary

The brokerage’s official help account posted on X that the platform saw “record-breaking traffic today.”

SpaceX and lead IPO banker Goldman Sachs began meeting with prospective IPO investors back in January, Axios has learned.

Individual investors showed up for Elon Musk in the SpaceX IPO. While they received a fraction of that, the strong demand highlighted the sway individual investors now hold in U.S. public markets. The majority of shares in the IPO still went to institutional investors, but around 20% were directed to individuals, or around $15 billion worth.

Big markets for Super Group are all in on the World Cup, including South Africa, Germany, the U.K. and Spain.

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

Adobe stock sinks as CFO Dan Durn announces a sudden departure. Wall Street analysts are downgrading ADBE shares today.

Dominion Energy Inc. (NYSE:D) is one of the 10 Best Energy Stocks Capitalizing on the Data Center Boom. Based on 18 analyst ratings compiled by CNN, 83% assigned a Hold rating to Dominion Energy, while 11% assigned a Buy rating. The stock has an average price target of $68, a 2.64% upside from the current […]

(Bloomberg) -- SpaceX decided to rent out the full capacity of its Colossus 1 data center in Memphis to Anthropic PBC after encountering technical challenges using the facility to develop and run its Grok artificial intelligence models, according to people familiar with the matter. Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Ir

Investing.com -- Investors have had to assess a mix of earnings disappointments, capital raises, and shifting fortunes, with the week headlined by SpaceX's high-profile public market debut.

Microsoft is considering options for its Xbox gaming unit, including a potential spinoff or restructuring as ‌a wholly owned subsidiary, the Information reported on Friday, ‌citing three people with direct knowledge of the discussions. The Windows maker is also weighing ​options such as creating a joint venture with other partners as it prepares to overhaul the unit, which could make the gaming business easier to sell, the report said. Xbox has struggled in recent years ‌as Microsoft's bet on ⁠subscriptions and cloud gaming failed to offset declining console sales and a shortage of blockbuster titles.

It’s fitting that the largest IPO ever debuted on a day that Wall Street was back chasing momentum stocks. The S&P 500 was up 0.5%. The Nasdaq was up 0.4%. The Dow was up 384 points, or 0.8%. SpaceX stock was up 27% to $170.

(Bloomberg) -- Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest. Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal I

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, ...

The company’s CEO Daniel Heaf says he wants to improve products, hire more influencers, update stores and revamp digital sales.

Blockchain analytics firm Arkham flagged Circle's (NYSE: CRCL) largest USDC transaction ever. Circle is a financial technology company best known as the issuer of USDC, the world's second-largest stablecoin. A stablecoin is a cryptocurrency designed to hold a steady $1 value, backed by ...

Investors may not have gotten as many shares of SpaceX from brokerage firms as they would have liked. There were some technical issues at Robinhood, however. A spokeswoman for Charles Schwab said that "the process went as anticipated, with an unprecedented number of clients requesting shares and all eligible clients who completed the affirmation process receiving at least a portion of their requested order."

The march of trillicorn initial public offerings doesn’t portend doom for investors. But it’s worth keeping an eye on just the same.

AERT's fiscal 2026 EPS benefits on the back of rising demand for AI-enabled GCC services, expanding client engagements and improving operating leverage despite revenue pressure from customer non-renewals.

AstroNova reports earnings per share in Q1 as Aerospace unit sales surge, margins expand, and backlog climbs, while the Product ID segment improves earnings despite slightly lower revenues.

Less than two weeks after Silvio Napoli took over as Lucid’s new chief executive officer, an experienced senior executive has departed in another leadership shake-up for the EV maker. Emad Dlala, Lucid’s senior vice president of engineering and software, has left the company just months after ...

SpaceX shares were at almost $173 in late trading on Friday, up 28% from the $135 IPO price and 15% from the $150 opening price. Things are on track for an orderly one-day post-IPO pop. A 10% to 30% pop for a large tech IPO is normal and shows that the deal was priced well and the market was ready to accept the terms offered.

(Bloomberg) -- In Donald Trump’s chaotic second term, Jay Clayton is emerging as one of the few people the president turns to when he’s in a pickle.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekSpaceX Shares Close 19% Higher After Historic $75 Billion IPOWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOXbox Plans Significant Layoffs as New CEO Plans OverhaulClayton is set to go from W

Chewy (CHWY) posted record profits, beat earnings expectations, and added nearly 200,000 net customers in its latest quarter. Then investors pushed the stock to its lowest level in over a year. The sell-off followed a revenue guidance cut. Chewy trimmed its organic full-year fiscal 2026 revenue ...

Elon Musk's SpaceX (SPCX) began trading on the Nasdaq after its IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Yahoo Finance Executive Editor Brian Sozzi and Market Catalysts Host Julie Hyman to discuss the public debut, making SpaceX the second Elon Musk-run company to premiere on the Nasdaq.