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SpaceX Jumps 14% Past $2.9 Trillion, Closes In on Microsoft, Apple After $60 Billion Cursor Deal
24/7 Wall St.60d agobullish
SpaceX Jumps 14% Past $2.9 Trillion, Closes In on Microsoft, Apple After $60 Billion Cursor Deal

Shares of SpaceX (NASDAQ:SPCX) are up 14% in early trading Tuesday, zooming to $219. This pushes the newly public rocket and connectivity giant’s market cap past $2.9 trillion, putting SPCX stock within striking distance of the world’s biggest tech names. The trigger is a blockbuster acquisition announcement. SpaceX confirmed it will acquire Anysphere, the company ... SpaceX Jumps 14% Past $2.9 Trillion, Closes In on Microsoft, Apple After $60 Billion Cursor Deal

SpaceX Options Start Trading Today. It Will Be Wild.
Barrons.com60d agoneutral
SpaceX Options Start Trading Today. It Will Be Wild.

Options on SpaceX stock are scheduled to begin trading when the stock market opens on Tuesday. The options trading is likely to boost the stock, though it could create some intraday price swings. Demand for the stock is so high that the options are likely to be among the most actively traded in the entire options market, joining a pedigreed club that includes Apple Amazon com, Nvidia Meta Platforms, and others in an exclusive club.

Apple (AAPL) Stock Could Be Pricing In Too Much Growth After A 50% Run
Simply Wall St.60d agoneutral
Apple (AAPL) Stock Could Be Pricing In Too Much Growth After A 50% Run

Apple (AAPL) continues to draw attention from investors as its stock performance over the past year, combined with its sizeable market value and reported profitability, prompts fresh questions around current pricing and long term expectations. See our latest analysis for Apple. At a share price of US$296.42, Apple has seen short term softness, with the 7 day and 30 day share price returns slightly down, while the 90 day share price return of 16.6% and 1 year total shareholder return of 50%...

SpaceX Approaches $3 Trillion Market Value as Post-IPO Rally Continues
InvestorsHub60d agobullish
SpaceX Approaches $3 Trillion Market Value as Post-IPO Rally Continues

SpaceX (NASDAQ:SPCX) shares continued their remarkable advance in premarket trading on Tuesday, building on strong gains from their first two sessions as a public company and pushing the aerospace group toward a market capitalization of nearly $3 trillion. The rocket and satellite operator completed the largest initial public offering in history last week, ending its first day of trading on Friday with a valuation of approximately $2.

Bloomberg60d agobullish
STMicro Eyes $1.5 Billion Convertible Bonds After AI-Fueled Jump

(Bloomberg) -- STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen Horm

TD Cowen, Maxim Reiterate Bullish Outlook on Apple Inc. (AAPL) Following WWDC26
Insider Monkey60d agoneutral
TD Cowen, Maxim Reiterate Bullish Outlook on Apple Inc. (AAPL) Following WWDC26

Apple Inc. (NASDAQ:AAPL) is among the 10 Stocks ChatGPT Predicts Could Make You Wealthy in 3 Years. On June 9, TD Cowen analyst Krish Sankar lifted the price target on the iPhone-maker to $350 from $335 and maintained a Buy rating. The adjustment followed WWDC26. The firm described the event as a step in the right […]

Italy's antitrust regulator probes Apple over cloud services under Digital Market rules
Reuters60d agobearish
Italy's antitrust regulator probes Apple over cloud services under Digital Market rules

Italy's competition regulator said on Tuesday it had ‌opened an investigation into Apple over ‌compliance with interoperability obligations, under the European Digital ​Markets Act. Under the rules, Apple must ensure that third-party providers of consumer cloud services can inter-operate effectively and free of ‌charge with hardware ⁠and software components controlled through the group's iOS and iPadOS ⁠operating systems, and have equal access as Apple's iCloud service.

T-Mobile warns customers that a key service will double in price
TheStreet60d agoneutral
T-Mobile warns customers that a key service will double in price

T-Mobile has been rolling out price increases over the past few months and will soon make another despite elevated customer losses. In January, the carrier raised its Regulatory Programs & Telco Recovery fee, which customers pay on their monthly bills. It also started charging $3 a month for ...

Rising Memory Costs Test Apple Margins As AI Demands More Hardware
Simply Wall St.61d agoneutral
Rising Memory Costs Test Apple Margins As AI Demands More Hardware

Apple reports that rising global memory chip prices are creating fresh pressure on hardware costs as AI features raise technical requirements. Upcoming AI upgrades, including a more capable Siri, are expected to require more device memory than many current Apple products include. Management indicates that higher memory expenses could weigh on gross margins and profitability over the coming quarters. For investors tracking NasdaqGS:AAPL, this cost issue comes at a time when the stock is...

64 Years of Raises: How DGRO Finds Companies That Never Cut Dividends
24/7 Wall St.61d agoneutral
64 Years of Raises: How DGRO Finds Companies That Never Cut Dividends

The iShares Core Dividend Growth ETF (NYSEARCA:DGRO) was built for investors who want a paycheck that gets bigger every year, not a yield chase. DGRO tracks the Morningstar US Dividend Growth Index, screening for companies with at least five consecutive years of dividend growth and payout ratios under 75%. The fund pays a roughly 2.2% ... 64 Years of Raises: How DGRO Finds Companies That Never Cut Dividends