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The market is gearing up for a SpaceX IPO on June 12, and it feels like yesterday that the business confidentially filed for its IPO. That was on April 1 this year. You would expect quiet action since then, but the space-AI hybrid is accelerating before the ticker goes live. SpaceX has signed two monster ... Elon Musk Just Created $26 Billion a Year for SpaceX Days Before the IPO
Although Intel's comeback looks real, investors need to ask whether the stock already prices in too much success.
There seems to be no end to the trouble Bitcoin (BTC) traders have been facing since the Oct. 10 flash crash last year. While the cryptocurrency had been attempting to recover to previous heights for the past few months, Michael Saylor's Strategy (Nasdaq: MSTR) announcing a partial sale ...
A recent report from an investment firm suggests that SpaceX's Starlink could disrupt a $1.6 trillion market.
Alex Sacerdote, founder of Whale Rock Capital, dropped a line on a recent Invest Like the Best episode that stopped listeners cold: “When we were buying Nvidia in 2023, we were paying 4 times earnings. When we bought Tesla in 2019 for the car S-curve, we were paying 5 times earnings. When we were owning ... Prominent Tech Investor: ‘When We Were Buying Nvidia in 2023, We Were Paying 4 Times Earnings’
On Tuesday, the newly public electric-vehicle battery company Factorial Energy (FAC) shot up as much as 25%. A day earlier, Factorial Energy had gone public via a merger with Cartesian Growth Corp., a special purpose acquisition company. Shares shot up about 14% as the trading symbol changed from CGCT to FAC, closing at 13.80, according to MarketSurge. What Is A...
The $75 billion listing will mint 3000 new millionaires.
Meta Platforms (META) has been ordered by the European Commission to restore and maintain free acces
Wolfe Research says SpaceX's $75 billion IPO is turning Tesla merger speculation into a core thesis for TSLA investors.
Traders fleeing Friday's selloff took refuge in companies like Kleenex-maker Kimberly-Clark. On Tuesday, they're piling into peanut butter and home-improvement supplies. Shares in Home Depot were recently the Dow's best performers, while Jif-maker J.
The Milan-based digital brand collector has launched its U.S. public debut, unveiling explosive subscription growth and heavy reliance on AI automation.
(Bloomberg) -- The prospect of billions of dollars of oncoming demand for SpaceX stock from index-tracking funds risks creating a feedback loop that drives the shares of Elon Musk’s company even higher, academics and market observers have warned.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Hit by Chipmaker Rout Amid US-Iran Jitters: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reali
IBM CEO Arvind Krishna says he's excited about the potential uses for quantum computing. Speaking with Romaine Bostick at the Mizuho Technology Conference in New York, Krishna also comments on the Trump administration's investment in the company, the utilization of AI and IBM's profit strategy.
(Bloomberg) -- Oil pared some losses after President Donald Trump blamed Iran for shooting down a US military helicopter and vowed a response, reigniting fears of a return to clashes that could prolong a global energy crisis.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Hit by Chipmaker Rout Amid US-Iran Jitters: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump
Snowflake (SNOW) wants to convince Wall Street its next act is larger than cloud data storage. Bank of America seems to be buying the pitch. BofA Securities came out more bullish on Snowflake after the company’s investor day, reiterating a Buy rating and $300 price target. That estimate suggested ...
The catalyst for investors' dumping AI stocks again Tuesday isn't totally clear. But Brian Jacobsen, chief economic strategist for Annex Wealth Management, suggested Alphabet's recent capital raise and SpaceX's impending IPO could be contributing to the ongoing declines.
Interest has accelerated as the tech industry touts the technology as a solution to the electricity demands of artificial intelligence.
At $396.60, Broadcom (NASDAQ:AVGO) is a Hold. The stock just suffered its second-largest negative earnings day reaction in nine quarters, and the reason behind it deserves more attention than the headline number. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for hyperscaler buildouts. Fiscal Q2 delivered strong results: revenue hit $22.19 billion, up ... 1 Under-the-Radar Reason to Hold Broadcom Stock After Its Historic 14% Earnings Crash
Cruise lines give free cruises to gamblers. To be fair, it's more that cruisers earn free cruises, bonus "free play," free drinks while they're playing, meals, and other perks based on their gambling. Many people joke that you actually pay for those cruises by losing money in the casino, but the ...
Palantir Technologies (PLTR) just delivered one of the strongest quarters in software, and its stock is sliding anyway. Shares of the artificial intelligence company fell about 13% in five trading days, closing near $136 on June 8 after trading above $158 a week earlier. That kind of drop usually ...
Uranium Energy (NYSEAMERICAN:UEC) said on its latest earnings call that it advanced several parts of its U.S. uranium production platform during the quarter, including the start of production at Burke Hollow in South Texas and continued development at Christensen Ranch in Wyoming. Founder and Chief
Elon Musk’s SpaceX is seeing a massive wave of investor demand ahead of its public debut, with institutional buy orders heavily outstripping the $75 billion supply of shares.
FedEx pilots have finally approved a collective bargaining agreement after years of labor unrest. The post FedEx pilots approve new contract, ending protracted bargaining appeared first on FreightWaves.
OpenAI just took its most concrete step yet toward Wall Street, while going out of its way to say it has not actually decided to go public. The company confidentially filed S-1 IPO paperwork with the SEC and disclosed the move in a blog post. OpenAI was valued at roughly $850 billion after its $122 billion financing round ... Sam Altman’s OpenAI Confidentially Files for IPO, Eyes $850+ Billion Valuation
Needham sees more room for Cerebras to climb as its AI chip edge, and high-profile partnerships strengthen the growth story.
Life insurance companies accelerated purchases of private credit in 2025 with insurers owned by private fund managers leading the charge, according to analysis by Moody’s Ratings. Almost 10% of the private investments have below investment-grade credit ratings. About 38% of the private investments are in complex asset-backed debt rather than corporate and government bonds and loans.
A week ago, a tiny Bitcoin (BTC) sale by Strategy (NASDAQ: MSTR) had investors bracing for a change of heart. This week, the company went right back to buying. One analyst says that's exactly the point. TD Cowen's Lance Vitanza believes Strategy's latest Bitcoin purchase confirms that its ...
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