Retail investors have wasted no time jumping aboard the SpaceX rocketship.
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Live Nation Entertainment has considerably outperformed its sector peers recently, and analysts remain highly optimistic about the stock’s prospects.
Elon Musk's SpaceX said on Tuesday it would acquire Anysphere, the software firm behind the popular AI coding agent Cursor, for $60 billion, in a bid to ramp up its presence in the enterprise AI market. The announcement comes just days after Musk took his rockets-to-AI company public in a blockbuster Nasdaq debut that valued the firm at more than $2 trillion and immediately made it one of the world's most valuable companies. SpaceX said it expects the merger to close during the third quarter of 2026.
June 16 (Reuters) - U.S. stock index futures were subdued on Tuesday as investors switched focus to the first interest rate decision under new Federal Reserve Chairman Kevin Warsh, while SpaceX
June S&P 500 E-Mini futures (ESM26) are down -0.01%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.01% this morning, taking a breather after a three-day rally, while investors turn their attention to the first Federal Reserve meeting under Kevin Warsh.
Many investors avoid stocks at 52-week highs, but Coca-Cola, TJX, and Marriott show how strong businesses with growing dividends can keep rewarding shareholders long after setting new records.
First Quantum Minerals (FQVLF) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
SpaceX (NASDAQ:SPCX) shares continued their remarkable advance in premarket trading on Tuesday, building on strong gains from their first two sessions as a public company and pushing the aerospace group toward a market capitalization of nearly $3 trillion. The rocket and satellite operator completed the largest initial public offering in history last week, ending its first day of trading on Friday with a valuation of approximately $2.
Brand growth makes these discounted stocks attractive.
Most of Centene’s 61,000 employees will be eligible to apply for voluntary separation. But the program doesn’t amount to a complete overhaul of the company, a spokesperson said.
Global markets were broadly cautious on Tuesday as investors assessed the implications of a preliminary peace agreement between the United States and Iran, monitored a surprise policy move from the Bank of Japan and continued to track the extraordinary post-IPO surge in SpaceX (NASDAQ:SPCX). Futures Trade in Narrow Range Ahead of Fed MeetingU.
(Bloomberg) -- The boom in artificial-intelligence stocks looks set to run further, according to a Bank of America Corp. survey, which found the majority of investors believe that the fear of missing out is continuing to drive the trade.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at
If you are wondering whether Reddit stock is actually good value right now, you are not alone, especially after its headline grabbing listing and subsequent trading. The stock recently closed at US$181.88, with returns of 6.3% over the past week, 15.0% over the past month and 44.1% over the past year, while year to date it has fallen 24.8%. Taken together, these figures hint at shifting expectations and risk perceptions. Recent news coverage has focused on Reddit's status as a newly listed...
Strategy (MSTR) has drawn fresh attention after acquiring 1,587 Bitcoin for about US$100 million, funded through US$209 million of at the market stock sales. This lifted total holdings to 846,842 BTC and expanded cash reserves. See our latest analysis for Strategy. Despite the latest Bitcoin purchase, Strategy’s share price has been weak over a longer window, with a 30 day share price return down 26.09% and a year to date share price return down 16.56%, even though the 3 year total...
The S&P 500 closed Monday at 7,554.29, up 1.65%, as the Nasdaq surged 3.1%. This sharp rally appeared closely tied to geopolitical developments. On Sunday, June 14, President Trump announced the US-Iran peace deal via Truth Social, simultaneously authorizing the toll-free reopening of the Strait of Hormuz and removing the naval blockade. Consequently, WTI crude dropped roughly 5% to around $80, while Brent fell to $83, their lowest levels in months. The S&P now walks into one of the most consequ
Companies that consistently increase their sales, margins, or returns on capital are usually rewarded with the best returns, and those that can do all three for years on end are almost always the legendary stocks that return 100 times your money.
TXN, ARCB, PGY, RBB and ETSY have been added to the Zacks Rank #1 (Strong Buy) List on June 16, 2026.
Shares of Elon Musk's SpaceX rose more than 10% in premarket trading on Tuesday, putting the company on course to overtake Amazon.com in market value to become the world's fifth‑largest company, as it extended a post-IPO rally. The stock, which surged more than 19% on Monday, was last up 10.1% at $211.8, giving the company a market capitalization of nearly $2.8 trillion if gains hold. Amazon was last valued at $2.66 trillion.
Federal Open Market Committee (FOMC) rate hikes might best be viewed as a necessary evil for Wall Street.
When stock prices go down, dividend yields go up.
The "Oracle of Omaha" knows a thing or two about buying IPO stocks.
Cerebras Systems (NasdaqGS:CBRS) has secured a multi billion dollar deal with OpenAI. The company has also announced a partnership with Amazon, expanding its role in AI infrastructure. These announcements highlight fresh commercial traction with major AI and cloud players. Cerebras Systems focuses on purpose built AI compute, aiming to serve workloads that require intensive training and inference. The recent agreements with OpenAI and Amazon place the company directly alongside leading AI...
Palantir Technologies (PLTR) stock recently moved higher after a broad rally in AI and software shares tied to lower bond yields following a U.S. Iran peace agreement, highlighting how macro conditions interact with the company’s growth story. See our latest analysis for Palantir Technologies. At a share price of $134.71, Palantir Technologies has seen short term sentiment swing around technical levels, with the 1 day share price return of 5.25% contrasting with a year to date share price...
A number of stocks jumped in the afternoon session after yields tumbled as the Trump Administration announced a new peace deal that would lead to the reopening of the Strait of Hormuz.
Veeco (VECO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Strive, Inc. (ASST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Investing.com -- Bank of America upgraded ExxonMobil shares to Buy from Neutral, arguing that the stock’s pullback from its highs has left it trading at an attractive valuation regardless of whether a peace deal between the U.S. and Iran materializes.
TXN, GIII and TPR made it to the Zacks Rank #1 (Strong Buy) income stocks list on June 16, 2026.
All three could become highly prominent biotech companies within 10 years.
(Bloomberg) -- STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen Horm