SpaceX is launching the largest U.S. IPO in history by pricing shares at $135, raising $75 billion to fuel rockets, Starlink and AI, while valuing the company at $1.77 trillion and keeping Elon Musk in firm control.
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Need a quote from a Motley Fool analyst? My name is Amit Berry, and I lead Investor Relations at C3AI. With me on the call today are Tom Siebel, Chairman and Chief Executive Officer Stephen Ehikian, President and Hitesh Lath, Chief Financial Officer.
Most of us think we know how Disney (DIS) makes money. The $169 park ticket. The $250 million blockbuster. The streaming bill that creeps higher every fall. We picture the cash where the magic is. Here is what I keep coming back to. The fastest-growing part of a company is rarely the part on the ...
C3.ai (NYSE:AI) reported fiscal fourth-quarter revenue of $51.6 million and outlined an accelerated restructuring plan that founder, Chairman and Chief Executive Officer Tom Siebel described as a companywide turnaround effort aimed at restoring revenue growth, cash generation and non-GAAP profitabil
Kids outgrow almost everything. Clothes stop fitting, school supplies run out, favorite colors change, and bedrooms that once worked for toddlers suddenly don't work for older children. And every parent knows how quickly this mounts into another recurring expense. This is also why adults are ...
The Vanguard S&P 500 ETF, the index investing pioneer's flagship exchange-traded product, became the first in the history of ETFs to reach and exceed $1 trillion in assets, the investment firm confirmed on Wednesday. The Vanguard fund hit this milestone, the latest record in the remarkable ascent of exchange-traded funds, on Tuesday, less than 18 months after overtaking State Street Investment Management's SPDR S&P 500 ETF in assets, as investors looking for broad market exposure also sought out the lowest-cost funds. VOO levies a management fee of only 0.03%, compared to 0.09% for the State Street fund, which now is third in the three-way race between those two firms and BlackRock Inc..
D-Wave Quantum Inc. is hosting its first-ever Investor Day Monday against a politically charged backdrop: just 11 days ago, the Trump administration signed a Letter of Intent to invest $100 million in the company under the CHIPS Act — with...
Investing.com -- The Canadian government announced on Wednesday its intention to extend key steel and aluminum tariff measures for an additional year to shield domestic industries from global trade distortions. The policy extension aims to counter non-market practices and prevent trade diversion from undermining local producers and workers. Subject to official approval, the extension will prolong the nation’s steel tariff-rate quotas for non-CUSMA partners until June 27, 2027. Additionally, hori
SpaceX says it plans to raise up to $75 billion when it goes public this month, setting the stage for the largest-ever stock market debut and putting Elon Musk on course to becoming the world's first trillionaire. The company, formally known as Space Exploration Technologies Corp., said Wednesday it will sell 555.6 million shares at $135 a piece. The offering would give SpaceX a market value of $1.77 trillion.
The cybersecurity company said it now expects annual recurring revenue of $6.53 billion to $6.56 billion for all of fiscal 2027, up from its previous target of $6.47 billion to $6.52 billion.
Shares of C3.ai surged late Wednesday after the artificial intelligence software company surpassed Wall Street’s expectations with its fiscal fourth-quarter earnings and issued solid guidance. C3.ai sells artificial intelligence software platforms to large enterprises and government agencies, bringing in the vast bulk of its sales via subscription revenue. Investors have been skeptical that C3.ai can boost revenue in the competitive market of AI enterprise software while cutting costs, as it must to turn a profit.
SpaceX disclosed Wednesday that it plans to raise $75 billion in its initial public offering, which is expected to occur within a few weeks.
Moby summary of Destination XL Group, Inc.'s Q1 2026 earnings call
CrowdStrike reported a 15% jump in its first-quarter operating expenses on Wednesday, as the cybersecurity company ramps up investments in AI and product development. Shares of the company fell 8% in extended trading. Here are some details: • CrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $5.93 billion.
The digital token fell for a fourth straight day after a sale by one of bitcoin’s biggest cheerleaders.
Elon Musk’s SpaceX, which is likely to get a $1.8 trillion price tag when it debuts on the Nasdaq next week, carries a host of superlatives. Part of the problem is SpaceX itself. The company combines Musk’s space, satellite, social media, and artificial intelligence divisions, and is expected to float 555 million shares next week with a share price of around $135.
The startup develops foundation models designed to help companies make more accurate business predictions, according to sources familiar with the deal.
Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records. The S&P 500 fell 0.7% Wednesday from its all-time high and snapped a nine-day winning streak. The Dow Jones Industrial Average dropped 1.2%, and the Nasdaq composite sank 0.9%.

According to Reuters, SpaceX (SPAX.PVT) is gunning for an IPO date of Friday, June 12, with hopes to begin trading on the Nasdaq at $135 per share. This could launch the value of Elon Musk's private space operator to $2 trillion. Yahoo Finance Senior Reporter Pras Subramanian lays out the most valuable segments of the space company that Wall Street is watching.
Danske Bank lifts Denmark outlook again as Novo Nordisk demand supports export growth.
Oracle shares fell more than 4% ahead of fiscal fourth-quarter earnings.
Anthropic has confidentially filed its S-1 with the Securities and Exchange Commission.
The Coca-Cola Company plans to spin off its Indian bottling unit to unlock massive latent equity value and drive long-term structural margin expansion.
(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves
60% or more That share of data-center capacity planned for completion in 2027 isn’t yet under construction, and another 7% is delayed, a recent JPMorgan analysis found. Read more on the seeming paradox ...
Oppenheimer just downgraded AT&T stock to “Perform,” citing incoming SpaceX competition. Find out more.
A wild week of firings and fireworks lays bare the challenges Bari Weiss faces in revamping CBS News and its flagship show.
The offering could value Elon Musk's SpaceX at about $1.75 trillion.
FedEx's strategic spinoff of its freight division positions the leaner express company to drive significant margin expansion and higher investment returns.