High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
SpaceX will be added to the tech-heavy Nasdaq 100 index on July 7, exchange operator Nasdaq confirmed on Friday, paving the way for a surge in passive investments in Elon Musk's rocket and AI giant. (Reporting by Johann M Cherian in Bengaluru; Editing by Shinjini Ganguli and Will Dunham)
Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon (VZ), AT&T (T) and T-Mobile (TMUS), control almost every phone in your pocket. They build the ...
Overhyped IPOs rarely make you money in the short term. That doesn’t mean it’s time to sell your stocks..
By Noel Randewich June 26 (Reuters) - Shares of SpaceX rose a marginal 0.15% on Friday ahead of its inclusion in Russell indexes, with passively managed funds tracking those benchmarks required to add
SpaceX has plenty of fans ready to fund its dreams.
(Bloomberg) -- This week’s tech rout did more than puncture one of the year’s hottest trades: it exposed the machinery of modern speculation — and how quickly it can work in reverse.Most Read from BloombergLutnick Delayed Canada Bridge Debut to Seek Bigger Cut of Toll RevenueIndonesia Opens Door to Dirty Money to Fund Prabowo’s PlansApple Shares Sink After Price Hikes Hit iPads and MacsOman Tells Allies Ships Going Through Hormuz May Have to PayMamdani Rent Freeze Cheers Weary Tenants, Alarms La
When Elon Musk's SpaceX (Nasdaq: SPCX) made its public debut on June 12, crypto traders were ecstatic that a publicly listed Wall Street giant holds Bitcoin (BTC) on its balance sheet. The accumulation is not surprising, given that Musk himself has hailed cryptocurrencies like ...
SpaceX shares are trading near the level at which the rocket maker's market cap would drop below $2 trillion for the first time. The stock recently traded at $152.50, about 80 cents above the level where the market cap would slip below $2 trillion. This week, SpaceX shares have declined about 18%, putting them near their opening IPO price of $150, a sign of waning enthusiasm for the biggest listing of all time.
Verizon Communications successfully bid nearly $3.2 billion for wireless licenses in a Federal Communications Commission auction for mid-band spectrum, the agency said Friday. AT&T, T-Mobile and Space X also won spectrum licenses in the auction that raised about $3.5 billion. T-Mobile successfully bid $278 million, T-Mobile $121 million and Space X $8.5 million, the FCC said.
Cryptocurrencies tied to decentralized artificial intelligence sold off on June 26 as reports surfaced that OpenAI is leaning toward delaying its initial public offering (IPO). As per The New York Times, the maker of ChatGPT is reportedly planning to hold off until next year. People ...
The last of 2026's three most anticipated AI IPOs is now leaning toward waiting
A report that OpenAI could delay its IPO, and stock slides for SpaceX and Cerebras, could slow IPO activity. But a lull may not last long.
The post-IPO drop from SpaceX could be felt by traders who chased one of the hottest public offerings in years. It’s quickly turning into something bigger. SpaceX (SPCX) has already transitioned from market spectacle to portfolio reality. Some investors might own SpaceX without ever purchasing the ...
Triller Group (NASDAQ:ILLR) shares surged on Thursday after the company announced a deal that will give it significant exposure to SpaceX Corp (NASDAQ:SPCX) through a new treasury investment structure. The company’s shares were up more than 42% on Friday, bringing its weekly gains to about...
SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.
SpaceX is poised to close out its first full week as a public company on a down note, with shares on track to shed 18% — extending a rough debut for one of the most highly anticipated IPOs.
The AI trade has gone from unstoppable to unpredictable in a matter of weeks. After driving one of the strongest rallies in market history, artificial intelligence stocks have run into a wall of rising valuations, growing capital spending concerns, and a string of volatile IPOs. Earlier this week, I suggested the changing market mood might ... OpenAI’s IPO Delay Could Be the Biggest Warning Yet for AI Investors
Investing.com -- Argus initiated coverage of Space Exploration Technologies with a Hold rating in a note on Friday, arguing that SpaceX's record-breaking IPO valuation will take years to grow into, despite the company's strong top-line momentum.
The ARK Space Exploration & Innovation ETF (CBOE:ARKX) has become a popular parking spot for investors seeking space exposure without waiting for the SpaceX IPO. With Elon Musk’s rocket company reportedly headed toward a public listing at a valuation north of a trillion dollars, retail demand for a single ticker capturing the theme has surged. ARKX, with ... Forget Pouring Everything Into the SpaceX IPO. This Fund Spreads the Space Bet and Is Up 46% in a Year
SpaceX went public on June 12 priced at $135 a share.
The FTSE Russell indices will undergo their semi-annual rebalancing after markets close today—an event that analysts say could make for one of the highest volume trading days of this year. The rebalancing will impact $6 trillion of active and passive assets under management benchmarked to the major Russell indices, according to strategists at JPMorgan Asset Management. Overall, 43 companies are expected to graduate from the Russell 2000 index of small-cap stocks to the Russell 1000 large-cap index.
equity funds came under selling pressure in the week to June 24, as concerns over debt-funded spending in the technology sector and expectations of a hawkish Federal Reserve policy stance sparked risk aversion. equity funds during the week, partly reversing net purchases of $37.
Even by SpaceX standards, Friday is shaping up as an eventful trading session as investment funds tracking Russell indexes prepare to add billions of dollars' worth of Elon Musk's internet and rocket company to their holdings. After a blockbuster initial public offering this month, SpaceX's stock has been on a wild ride, soaring 67% to its June 16 intraday high of $225.64 before tumbling to Thursday's $153 close. FTSE Russell will add SpaceX to its Russell U.S. indexes after Friday's close of trading as part of its semi-annual index reconstitution.
The ChatGPT developer is inclined to delay its initial public offering until 2027, according to a report.
June 26 (Reuters) - Global equity fund inflows slowed sharply in the week to June 24, as concerns over debt-funded technology spending and a hawkish stance of the U.S.
Cerebras soared 68% on its first day of trading.
Allianz CIO warns SpaceX's $25B bond deal, just 2 weeks after its record IPO, signals markets have entered bubble territory.
Investing.com - U.S. stock futures were mixed on Friday as investors remain cautious after another difficult week for technology stocks. Reports that OpenAI may delay its highly anticipated stock market debut added to concerns around lofty AI valuations, while Apple’s recent price hikes continued to weigh on sentiment.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
