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Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More
24/7 Wall St.55d agoneutral
Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Lauder, Hut 8, Incyte, SpaceX, and More

Pre-Market Stock Futures: Futures are trading mixed as we prepare to finish the last full week of the second quarter. We finished a wild holiday-shortened trading week last Thursday, as Friday was the federal Juneteenth holiday, and all major indices rebounded smartly from the Federal Reserve-induced sell-off on Wednesday. Details of the signed memorandum of ... Here Are Monday’s Best Wall Street Analyst Research Calls: Accenture, Apple, Boyd Gaming, BWX Technologies, Conoco-Phillips, Estee Laud

Jefferies Lowers Tesla Target and Highlights Potential SpaceX Tracking Stock Risk
InvestorsHub55d agoneutral
Jefferies Lowers Tesla Target and Highlights Potential SpaceX Tracking Stock Risk

Jefferies has reduced its price target on Tesla (NASDAQ:TSLA) to $375 and identified what it sees as an emerging structural risk for shareholders: the possibility that expectations surrounding a future combination with SpaceX (NASDAQ:SPCX) could cause Tesla shares to increasingly trade as a proxy for SpaceX. The brokerage argues that growing investor belief in a potential merger between the two companies may begin to influence Tesla’s valuation independently of its own business performance.

China's Starlink rival launches new fundraising round, state media says
Reuters55d agoneutral
China's Starlink rival launches new fundraising round, state media says

China's low Earth orbit satellite company SpaceSail, widely seen ‌as a challenger to Elon Musk's ‌Starlink, has launched a new round of fundraising, state ​media Securities Times reported on Monday. • The new investment from the financing round will represent a combined equity stake ‌of no more ⁠than 20%, the report said. • The Shanghai government-backed company aims to deploy as many as 15,000 low ‌Earth orbit satellites by 2030 ​and has secured overseas ​contracts in ​regions like Brazil to compete directly ‌with Starlink.

A 62-Year-Old Wants In on SpaceX’s 37% Pop. Holding It in a Roth vs. a Brokerage Account Changes Everything at Tax Time.
24/7 Wall St.55d agoneutral
A 62-Year-Old Wants In on SpaceX’s 37% Pop. Holding It in a Roth vs. a Brokerage Account Changes Everything at Tax Time.

A 62-year-old who just stopped working full-time is staring at the same headline everyone else is staring at this week. Per Barron’s, SpaceX rose about 37% from its $135 IPO offer price in its first five trading days, adding $673.8 billion in market cap, the largest market-cap gain following a U.S. IPO in the nation’s ... A 62-Year-Old Wants In on SpaceX’s 37% Pop. Holding It in a Roth vs. a Brokerage Account Changes Everything at Tax Time.

Binance Founder on the future of crypto, life after prison
Yahoo Finance Video55d agoneutralVIDEO
Binance Founder on the future of crypto, life after prison

Binance Founder Changpeng Zhao joins Yahoo Finance Executive Editor Brian Sozzi to discuss the future of crypto, reflect on his recent prison sentence, and outline his new life chapter focused on mentoring the next generation of founders.