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The launch window opens June 17 at 2:39 a.m. EDT, with ASTS confirming that the satellites are fully encapsulated and secured inside Falcon 9 ahead of liftoff.
Morningstar cut its fair value estimate to $62 from $63 after the Cursor acquisition, implying a 69% downside from current levels.
Before the stock took off, the company's overall growth looked sluggish, but management was explicitly forecasting a boom in its most important AI-related businesses.
SpaceX stock has been red hot following its IPO last week.
Both stocks have soared, but the two chipmakers are built very differently.
Shares of biotechnology company Moderna (NASDAQ:MRNA) jumped 9.1% in the afternoon session after investors positioned ahead of a pivotal FDA advisory committee review for its mRNA seasonal flu vaccine.
In early June 2026, Palantir Technologies detailed fresh AI partnerships and customer deployments at its AIPCon 10 event, while shareholders rejected several activist proposals on human rights, political spending disclosure, and due‑diligence reporting at the company’s annual meeting. Together with new multi‑year collaborations in construction, insurance, and legal services, these governance votes highlight how Palantir’s rapid AI adoption is unfolding alongside unresolved concerns about...
While SpaceX continues its stellar post-IPO debut performance, investors should also keep another IPO on their radar.
<body><p>STORY: Wall Street's main indexes ended mixed on Tuesday, with the Dow gaining just under two-thirds of a percent to notch its second straight record-high close... while the S&P 500 shed more than half a percent and the Nasdaq dropped more than one percent.</p><p>Shares of Elon Musk's SpaceX ended nearly 5% higher, paring earlier gains. For much of the session, the rocket and AI company's value was above that of Amazon, and it briefly surpassed Microsoft's valuation, as retail investors continued to pour into the stock after its record-breaking IPO.</p><p>But Amol Dhargalkar, chairman and managing partner at Chatham Financial, warned of several risks that could trigger volatility for SpaceX and other AI-related stocks.</p><p>"I think that's a really difficult position to be in as a retail investor, especially when you consider the fact that there is a lot of risk, not just in the business model, but these are names where the cash flows are likely far into the future. And we are not in a period of 0% or negative interest rates or even declining interest rates at this point. </p><p>There's a lot of question as to whether interest rates will continue to be flat or will they go up. And that can certainly be a meaningful drag on valuations of high growth companies, especially where that growth is out far into the future."</p><p>Investors will look for clues on where interest rates are headed when the Federal Reserve concludes its latest two-day policy meeting on Wednesday, with Kevin Warsh holding his first press conference as Fed chair.</p><p>Other stocks on the move included shares of Olin, which sank nearly 6% after the chemical producer said it would acquire Huntsman in an all-stock deal valued at more than $2.4 billion. Huntsman shares also fell as the offer stood at a discount to the stock's recent price.</p><p>:: Yum Brands</p><p>And shares of Yum Brands rose after the fast-food company said it would sell its Pizza Hut chain for $2.7 billion, against a backdrop of softer consumer spending across the fast-food industry.</p></body>
The U.S. Food and Drug Administration’s Vaccines and Related Biological Products Advisory Committee (VRBPAC) will meet on June 18 to assess the benefit-risk profile of mFlusiva.
Since December 2025, Boise Cascade has been in a holding pattern, posting a small loss of 4.9% while floating around $72.09. The stock also fell short of the S&P 500’s 9.3% gain during that period.
Wolfe Research upgrades Palantir stock to “Peer Perform.” Here’s why the firm’s analysts turned bullish on PLTR shares for the remainder of 2026.
Over the past six months, ESAB’s shares (currently trading at $97) have posted a disappointing 15.2% loss, well below the S&P 500’s 9.3% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Procter & Gamble (NYSE:PG) is the household name every retirement portfolio reaches for when markets get choppy, and its $350.4 billion market cap makes it the default consumer defensive trade on every desk. The internals tell a different story. The Crowded Trade Is Quietly Cracking P&G beat its most recent quarter, but the internals are ... Forget P&G: This Defensive Cash-Flow Powerhouse Just Beat Earnings and Is a Best Buy Today
The move builds on an already historic run. SpaceX priced its IPO at $135 per share on June 12, 2026, in what was the largest public offering in history, raising $75 billion initially. Underwriters exercised their greenshoe option on June 15, lifting total proceeds to $85.7 billion. Tuesday's close puts SPCX up roughly 50% from its IPO price in just four trading sessions, a pace that has rattled even the most seasoned market observers.
SPCX stock added 5% on Tuesday, surpassing both Microsoft and Amazon in market cap at one point during the session.
CrowdStrike (NasdaqGS:CRWD) was selected by Grant Thornton Advisors LLC as the unified foundation for its managed security services, centered on the Falcon platform. The collaboration focuses on deploying AI-powered managed detection and response solutions for Grant Thornton’s global client base. CrowdStrike also introduced Continuous Identity for AI Agents, a new capability that applies real-time, risk-aware authorization and identity enforcement to AI agent activity in enterprise...
Micron Technology (NasdaqGS:MU) has been approved as an HBM4 supplier for Nvidia's next-generation Vera Rubin AI platform. The approval ties Micron directly to Nvidia accelerators planned for high-volume deployment in the second half of 2026. The agreement focuses on high bandwidth memory for advanced AI workloads where capacity and throughput are critical. Micron Technology sits at the heart of the memory and storage industry, and HBM4 is one of the most demanding products in that...
Energy ETFs can help investors earn income, hedge against inflation and speculate on commodity prices. Here are five we like.
Rocket Lab's prospects remain solid. The company continues to expand its launch and space systems businesses, while positioning itself as one of the top publicly traded pure-play space companies.
Over the past six months, Etsy has been a great trade, beating the S&P 500 by 24%. Its stock price has climbed to $71.62, representing a healthy 33.2% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
For income investors weighing biopharma exposure, the dividend question on AbbVie (NYSE:ABBV) just got a lot easier to answer. The company posted $15.002 billion in Q1 2026 revenue, beating consensus by $284 million, and management raised full-year adjusted EPS guidance to $14.08 to $14.28. With the stock yielding nearly 3%, the question is whether the ... This $15 Billion Operational Beat Just Rewrote the Entire Bear Thesis for AbbVie
Yahoo Finance Senior Reporter Brooke DiPalma and Yahoo Finance Senior Business Reporter Ines Ferré chat with Market Domination host Josh Lipton about why Western Digital (WDC) is becoming a major AI play; how the "Magnificent Seven" stocks may soon include Anthropic (ANTH.PVT), OpenAI (OPAI.PVT), and SpaceX (SPCX), and Netflix's (NFLX) reportedly failed bid to buy Roku (ROKU).
Western Digital stock rallies on a bullish Morgan Stanley research note. Here’s why analyst Joseph Moore remains constructive on WDC shares.
Rackspace stock rallies on a major partnership with AMD. Here’s why the team-up is largely bullish for RXT shares.
The Dow closed above 52,000 for the first time, as Wall Street sold tech and bought laggards. The Dow rose 332 points, or 0.6%, to finish at a record and inch over the 52,000 mark. Tech was the clear loser among S&P 500 sectors on a day when breadth was positive for most of the afternoon.
Yahoo Finance Markets & Data Editor Jared Blikre tracks SpaceX's (SPCX) historic rise following its IPO debut on Friday. The aerospace giant has been on a meteoric run, jumping to become the fourth-largest company in the world by market capitalization as investors pile into one of the market's most closely watched new listings.
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