Research firm Bernstein raised its price targets on three chip stocks — AMD, Arm and Intel — citing a "CPU renaissance."
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European stock markets closed mostly higher Wednesday as the Stoxx Europe 600 gained 0.5%, the Swiss
Goldman Sachs and Morgan Stanley are preparing for the IPOs of OpenAI and Anthropic by forming separate teams to prevent information sharing.
SpaceX's blockbuster debut and the looming IPOs of Anthropic, OpenAI and Perplexity could fuel AI ETFs, potentially outweighing concerns over higher-for-longer interest rates.
Allbirds stock is up more than 50% on Wednesday as it continues its pivot from a sustainable sneaker business to an artificial intelligence company.
Allbirds stock is up more than 30% on Wednesday as it continues its pivot from a sustainable sneaker business to an artificial intelligence company.
Every month, Bank of America surveys some of the world's largest institutional investors to build a picture of how professional money managers see the global economy. The latest edition of that survey landed with a specific number that stood out: Equity allocations had jumped to 50% overweight from ...
Micron Gets a Huge Price Target Boost Ahead of Earnings
A New Risk Emerges for Amazon Stock as FTC Eyes Legal Action
(Bloomberg) -- A series of unusual multibillion-dollar flows has rippled through the exchange-traded fund market in the past week, suggesting some major investors used a contentious method to get exposure to the initial public offering of SpaceX. At least one fund manager placed temporary restrictions on its product in a bid to curb the practice.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy
The S&P 500 Index ($SPX ) (SPY ) today is down -0.15%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.30%. June E-mini S&P futures (ESM26 ) are down -0.17%, and June E-mini Nasdaq futures...
The stunning rally in SpaceX shares is losing some steam. The stock was trading 6% lower this morning, after a staggering rally that propelled shares nearly 50% above its IPO price in less than three full days of trading. It may be that a frenetic wave of demand from individual investors is finally fizzling out.
RGTI stock plunges as Quantinuum's Nasdaq debut resets quantum valuations, sharpening focus on rivals' growth, tech and commercialization.
SpaceX fell on Wednesday for the first time since the company went public, breaking a three-session winning streak that had pushed Elon Musk's rocket and AI venture into the upper tier of the world's most valuable companies.
Amazon’s growth over the past three decades has been phenomenal. The company initially started out selling books online at the start of the internet boom in the mid-1990s, but its online marketplace now offers millions of goods, from clothing to electronics to groceries and household essentials. ...
Over the last six months, LPL Financial’s shares have sunk to $303.41, producing a disappointing 14.7% loss - a stark contrast to the S&P 500’s 12.4% gain. This may have investors wondering how to approach the situation.
The FTC and state attorneys general are investigating Amazon's advertising disclosures and pricing practices.
Jabil offered a better-than-expected outlook with its Q3 beat amid surging demand for AI infrastructure. JBL stock bolted to a record high.
The FTC is reportedly preparing a complaint against Amazon over advertising disclosures.
Jabil remains one of the better-positioned names in the picks-and-shovels layer of the AI trade.
s SpaceX's IPO raised a record $85.7 billion. Crypto traders are betting on a valuation of multi-trillions. Analysts remain cautious despite the rally. Crypto traders ...
SpaceX stock has risen around 50% since its Nasdaq debut last Friday, pushing its valuation above $2.66 trillion at Tuesday's close
The partnership with China Southern Air Logistics could make Guangzhou a key connection for U.S. shipments to Southeast Asia, Cirrus Global Advisors founder Derek Lossing said.
FedEx says it has significantly reduced cargo backlogs at its warehouses in Vietnam after a messy switch to a new ground delivery partner and new technology system. The post FedEx slowly recovers from operational meltdown in Vietnam appeared first on FreightWaves.
(Bloomberg) -- A proposal by the top US securities regulator to eliminate a rule that mandates stock investors get the best possible prices for their transactions will benefit a new and growing corner of the financial market: crypto. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offe
Salesforce acquires AI agent firm Fin for $3.6 billion, adding a customer service agent that resolves 76% of support queries to its Agentforce platform.

Interactive Brokers chief strategist Steve Sosnick comes on the Morning Brief to expand on the stock growth that SpaceX (SPCX) has seen just a few trading days since its IPO last Friday.
Over the past six months, MillerKnoll’s shares (currently trading at $15.72) have posted a disappointing 10.4% loss, well below the S&P 500’s 12.4% gain. This was partly driven by its softer quarterly results and might have investors contemplating their next move.
The stock market was rising ahead of Kevin Warsh’s first Federal Open Market Committee meeting press conference. The Dow was up just 135 points, or 0.3%, after hitting another record on Tuesday. The Nasdaq was up 0.4%.
SpaceX stock continues its near-vertical ascent. AST SpaceMobile rises on successful satellite deployment. SpaceX completes ISS mission.