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24/7 Wall St.63d agobearish

SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

While SpaceX’s anticipated public debut has Wall Street salivating over what could be the most consequential IPO in a decade, the historical record offers a sobering warning. The company filed its S-1 in May, outlining three business segments: Space (Falcon and Starship launch services), Connectivity (the Starlink broadband network), and AI (X and Grok subscriptions). ... SpaceX Is About to IPO. History Says a 55% Stock Drop Could Be Coming Next.

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MarketWatch82d agobearish

Nvidia earnings alone won’t rescue the S&P 500 from its new sell signal

Overbought warnings come ahead of a massive tech and retail earnings lineup.

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MarketWatch83d agobearish

Cathie Wood’s flagship fund is largely missing out on a booming tech-fueled bull run

Cathie Wood’s flagship ETF actively invests in shares of companies expected to be disruptive and innovative. But so far this year, the fund appears to be missing out on big gains tied to technology and artificial intelligence.

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