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Hyperliquid loses Anthropic, OpenAI markets
TheStreet51d agoneutral
Hyperliquid loses Anthropic, OpenAI markets

Ventuals (vHYPE), the platform that offers trading of private-company stocks such as OpenAI and Anthropic on Hyperliquid (HYPE), announced on June 15 that it was shutting down. Hyperliquid is a decentralized exchange offering high-leverage perpetuals trading of ...

SpaceX IPO Could Ignite Fresh Market Momentum, Says Evercore
InvestorsHub51d agoneutral
SpaceX IPO Could Ignite Fresh Market Momentum, Says Evercore

The blockbuster stock market debut of SpaceX (NASDAQ:SPCX) last week may mark the beginning of a new phase in the current bull market, according to strategists at Evercore ISI, who see parallels with the transformative impact of Netscape’s IPO in 1995. SpaceX, trading under the ticker SPCX, raised $75 billion through its initial public offering on Friday at $135 per share, giving the company an implied valuation of $1.

This Space Stock Will Beat SpaceX to the Nasdaq-100 — And It’s the One to Buy
24/7 Wall St.51d agobullish
This Space Stock Will Beat SpaceX to the Nasdaq-100 — And It’s the One to Buy

Space investing is entering a new phase. SpaceX‘s (NASDAQ:SPCX) blockbuster IPO quickly became the largest and one of the most anticipated public listings in market history, prompting the Nasdaq exchange to revise its inclusion rules to speed the company’s path into its major indexes. Those rule changes will likely accomplish their goal. SpaceX appears on ... This Space Stock Will Beat SpaceX to the Nasdaq-100 — And It’s the One to Buy

Goldman Sachs projects staggering SpaceX growth by 2030
TheStreet52d agoneutral
Goldman Sachs projects staggering SpaceX growth by 2030

Goldman Sachs wants investors to view SpaceX, which went public on June 12, as both a rocket company and an AI infrastructure business that could become Earth's largest within five years. The bank, which served as the lead underwriter for the initial public offering, has laid out revenue ...

Bloomberg52d agoneutral
Europe’s Stocks Are Back in the Lead as Stagflation Risks Ease

(Bloomberg) -- The prospect of peace in the Middle East is setting up European stocks for a standout second half, as investors bet on stronger economic growth and easing inflation.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedAft

Intuitive Machines (LUNR) Stock Price Faces A Valuation Test After SpaceX Rotation
Simply Wall St.52d agoneutral
Intuitive Machines (LUNR) Stock Price Faces A Valuation Test After SpaceX Rotation

Intuitive Machines (LUNR) is in focus after investors rotated toward newly public SpaceX, coinciding with concerns about a planned US$500 million at-the-market equity program and rising short interest, even as fresh lunar reconnaissance contracts emerged. See our latest analysis for Intuitive Machines. At a latest share price of US$22.85, Intuitive Machines has seen short term share price pressure, with a 30 day share price return down 32.14% and 7 day share price return down 14.16%. Its 1...

Jim Cramer delivers unmistakable verdict on SpaceX price action
TheStreet52d agoneutral
Jim Cramer delivers unmistakable verdict on SpaceX price action

I covered the SpaceX short thesis when veteran hedge fund manager Doug Kass said he planned to bet against it, just days after the Initial Public Offering (IPO). At the time, the stock was riding the kind of retail euphoria that makes fundamental analysis feel almost irrelevant. Then Jim Cramer ...

Does Intuitive Machines (LUNR) Equity Overhang Undercut Its Push Toward Recurring Lunar Infrastructure Revenue?
Simply Wall St.52d agoneutral
Does Intuitive Machines (LUNR) Equity Overhang Undercut Its Push Toward Recurring Lunar Infrastructure Revenue?

In recent days, Intuitive Machines has faced investor rotation toward newly public competitor SpaceX and lingering concern over its previously announced US$500.0 million at-the-market equity offering program, while short interest has risen and options activity has skewed toward calls. At the same time, the company secured two three-year prime lunar reconnaissance contracts worth a combined US$20.0 million, highlighting its effort to build recurring lunar data and infrastructure services...

Cathie Wood dumps nearly $60 million in popular growth stocks
TheStreet52d agoneutral
Cathie Wood dumps nearly $60 million in popular growth stocks

On June 18, Cathie Wood’s ARK Invest showed off a notable rotation following a superb run in two of the most popular high-growth stocks. Investors had been rewarding Robinhood (HOOD) for its cost-cutting plan and Roku (ROKU) for its takeover-driven rally, but ARK moved in the opposite direction. ...

Benzinga52d agoneutral
Elizabeth Warren Says Every 4-Year-Old In America Could Get Health Care If Elon Musk Did This

Sen. Elizabeth Warren (D-Mass.) on Wednesday reaffirmed calls to levy a tax on the richest members of society, including Tesla Inc. and Space Exploration Technologies Corp. CEO Elon Musk. Elizabeth Warren Touts Children Gaining Access To Healthcare In a post on X, Warren said the wealth tax could provide children with access to healthcare. “If Elon Musk paid my ultra-millionaire wealth tax, we could pay for child care for all three and four year olds in America,” she said in her post. If Elon Mu

SpaceX stock joins AI bond frenzy
TheStreet52d agoneutral
SpaceX stock joins AI bond frenzy

Wall Street has a new favorite trade: lending money to artificial intelligence. NVIDIA, Alphabet, Amazon, and Oracle have all rushed into debt markets to raise hundreds of billions of dollars to fund data centers, chips, and AI infrastructure. Investors have been lining up to buy, and the demand ...