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(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000

By Arasu Kannagi Basil and Nupur Anand June 9 (Reuters) - JPMorgan Chase is keeping a close watch on consumer health as worries about inflation persist, Marianne Lake, CEO of the bank's consumer and

Case in point: AST SpaceMobile Shares were up 1.4% in early trading Tuesday, while the was down 0.3%. An announcement by the company that three of its communications satellites were slated to head to the stars on June 17, aboard a SpaceX rocket, seems to have catalyzed the gains. AST is building a communications satellite constellation that will be used by Verizon Communications AT&T and others to improve wireless service on Earth.

OpenAI has confidentially submitted paperwork for an initial public offering, paving the way for what could become one of the most closely watched stock market debuts in years and a potentially significant liquidity event for its early backers. The filing follows Anthropic’s recent announcement that it intends to pursue its own public listing and comes just ahead of SpaceX’s anticipated market debut later this week.

Steve Eisman, the investor who made his name betting against subprime mortgages before the 2008 crash, wants no part of the SpaceX IPO. However, crypto traders feel the opposite, and they have the price tags to prove it. Eisman, now host of "The Real Eisman Playbook" podcast and a former ...

Yahoo Finance Breaking News Reporter Jake Conley and Opening Media CEO Phil Rosen join Julie Hyman on Morning Brief to discuss the latest developments surrounding OpenAI's (OPAI.PVT) IPO plans and SpaceX's (SPCX) upcoming public debut on June 12. They break down the growing retail investor interest in both offerings and examine whether either stock is worth buying at its IPO price.

This could be the third trillion-dollar IPO of the year.

Investors look toward tomorrow's Inflation Rate and the SpaceX IPO Friday, but we have lots of economic data out this morning: Small Business Index, Trade Balance and Existing Home Sales.

After a mixed day on Wall Street Monday, stocks are looking to advance today. Crude oil is pulling back, while gold, silver, and Treasuries are mostly flat. The dollar is lower.

Bernstein’s Stacy Rasgon spent years as a skeptic on Advanced Micro Devices (NASDAQ:AMD). On a recent episode of The Real Eisman Playbook, he flipped the script.”I’m looking at 2028 and I’m pretty close to $20 in earnings, which was their 2030 target.” Read that again. The 2030 number, pulled forward two years. Rasgon is not ... AMD Just Hit 2030’s Earnings Target Two Years Early. Here’s What Happens Next

By Manya Saini and Nupur Anand June 9 (Reuters) - U.S. banking giant Wells Fargo's net interest income will see a "step up" in the current quarter, Chief Financial Officer Mike Santomassimo said at an

MANGOS — no, not the tropical stone fruit — is the latest Big Tech acronym to be at the top of investors' minds ahead of 2026's biggest IPOs. MANGOS consists of Meta Platforms (META), Anthropic (ANTH.PVT), Nvidia (NVDA), Alphabet (GOOG, GOOGL), OpenAI (OPAI.PVT), and SpaceX (SPCX, SPAX.PVT). Yahoo Finance Senior Business Reporter Ines Ferré explains the latest AI tech groupings being coined by Wall Street analysts.

Acushnet has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 8.7% to $90.56 per share while the index has gained 8%.

Sterling Infrastructure (STRL) said Tuesday it completed the acquisition of Stone Ridge Contracting,

Since June 2021, the S&P 500 has delivered a total return of 74.9%. But one standout stock has more than doubled the market - over the past five years, Standex has surged 197% to $292.30 per share. Its momentum hasn’t stopped as it’s also gained 26.5% in the last six months, beating the S&P by 18.5%.

OpenAI filed a confidential S-1 on June 8 at an $852B valuation, joining Anthropic ($965B) and SpaceX’s $1.77T IPO process as the third major ...

Broadcom said it will partner with Apollo Global Management and Blackstone’s credit and insurance business to launch a platform backed by an initial $35 billion to finance artificial-intelligence infrastructure.

Over the last six months, Chipotle’s shares have sunk to $29.20, producing a disappointing 13.4% loss - a stark contrast to the S&P 500’s 8% gain. This might have investors contemplating their next move.

(Bloomberg) -- The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $1

The excitement is building around the SpaceX IPO, which is set to debut on the Nasdaq Composite on Friday.

June 9 (Reuters) - Wall Street's main indexes rose at the open on Tuesday, as chipmakers extended gains for a second day, while easing hostilities in the Middle East also aided sentiment.

The Nasdaq’s rebound continued on Tuesday after Wall Street sniffed another run for momentum stocks. The tech-heavy index rose 0.7%. The S&P 500 rose 0.6%. The Dow rose 350 points, or 0.7%. Chips and other stocks with momentum in recent weeks continued to bounce back from Friday’s selloff.

There are times when one company's results stop being just about that company and become a referendum on an entire sector thesis. For AI cloud infrastructure, that moment arrives on June 10, when Oracle (ORCL) reports fiscal fourth-quarter 2026 results after the market closes. The setup is ...

Investors weigh SpaceX's IPO as Tesla, xAI and Starlink become increasingly interconnected.

Wall Street forecasts triple-digit revenue growth and a sharp jump in earnings.

Micron led the semiconductor chips lower after an initial bounce on Tuesday.

Kass said that his firm, Seabreeze Partners, has concluded that SpaceX's intrinsic value is well below the proposed offering price.

BRUSSELS, June 9 (Reuters) - EU regulators on Tuesday slammed Apple for blaming EU tech rules for its decision ‌not to roll out its upgraded assistant Siri AI in the European ‌Union for now, saying they had rejected the company's request for an 18-month exemption from its obligations. The ​iPhone maker on Tuesday said Siri AI would not be available initially in the EU on iPhones or iPads and faulted the European Commission for refusing to engage constructively with them to ensure privacy and se

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively trad

Investing.com -- With SpaceX set to go public this week, Wolfe Research is examining what the listing could mean for Tesla investors, particularly as speculation around a potential merger between the two Elon Musk-led companies gains traction on Wall Street.