SpaceX enters the final stretch Thursday before its expected trading on Wall Street as part of the biggest initial public offering in history, which could propel co-founder Elon Musk to trillionaire status.If all goes as expected, the space and rocket company co-founded by Musk in 2002 will begin trading on the Nasdaq exchange on Friday morning, with all eyes on how Wall Street will absorb the blockbuster IPO that could send tremors across global markets.
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Microsoft and Meta Platforms are still growing their revenues at healthy rates.
The law would likely apply to American tech companies like Meta and Snapchat, but would have exemptions if safety requirements are met.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -1.62%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -1.98%. June E-mini S&P futures (ESM26 ) fell -1.62%, and June E-mini Nasdaq futures...

Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma come on Market Domination to eye some of Wednesday's top headlines, including movie lovers' first look at Jeremy Strong's — best known for HBO's corporate drama "Succession" — portrayal of Meta Platforms (META) CEO Mark Zuckerberg in "The Social Reckoning." The film is a direct sequel to Aaron Sorkin's "The Social Network."

Long live the new tech. Wall Street investors are adopting the latest acronym grouping Big Tech leaders: MANGOS. MANGOS consists of Meta Platforms (META), Anthropic (ANTH.PVT), Nvidia (NVDA), Alphabet (GOOG, GOOGL), OpenAI (OPAI.PVT), and SpaceX (SPCX, SPAX.PVT). Yahoo Finance Senior Reporters Ines Ferré and Brooke DiPalma come on Market Domination to talk about how MANGOS is the newest iteration of FAANG.
New data center agreement highlights India's growing role in the AI infrastructure race.
Meta Platforms (NasdaqGS:META) has agreed to lease India's largest AI-enabled data center from Reliance Industries in Gujarat. The facility is described as built to suit for Meta, with renewable power and advanced cooling technology. This is Meta's first dedicated data center of this type in India, in a sector the government classifies as strategic national infrastructure. For you as an investor, this move ties directly into how Meta earns from advertising, social platforms and its AI...
The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
Shares of Qualcomm (NASDAQ:QCOM) are down 6% to $193 and change in midday trading Wednesday, while Arm Holdings (NASDAQ:ARM) stock is off 5% to $309.75. The moves come as mobile and edge-compute chip names lag the broader semiconductor tape. The iShares Semiconductor ETF (NASDAQ:SOXX) is down by 2.3% on the session, signaling that the weakness ... Qualcomm Drops 6%, Arm Holdings Falls 5% as Mobile-Chip Stocks Slide in the Selloff
(Updates with Meta's response in the fifth paragraph.) Alphabet (GOOG, GOOGL) unit Google's YouTu
The Invesco QQQ Trust (NASDAQ:QQQ) and the Vanguard Information Technology ETF (NYSEARCA:VGT) are often shoved into the same “own Big Tech” bucket, but they answer different questions. QQQ tracks the Nasdaq-100, a listing-based index that is growth-heavy. VGT tracks the MSCI US Investable Market Information Technology 25/50 Index, a pure GICS sector fund. That distinction ... QQQ vs. VGT: The Best Way to Own Big Tech?
(Updates with Google's response in the fourth paragraph.) Alphabet (GOOG, GOOGL) unit Google's Yo
Newly-listed power company ERock could appeal to investors looking for another way to play the AI boom. Erock started trading on the New York Stock Exchange around midday on Wednesday, slipping 5% in early action. ERock makes natural gas-powered engines and generators that can be placed on-site at data centers or other large businesses to provide electricity.
A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages
Is META a good stock to buy? We came across a bullish thesis on Meta Platforms, Inc. on Fundamentally Sound’s Substack. In this article, we will summarize the bulls’ thesis on META. Meta Platforms, Inc.’s share was trading at $584.59 as of June 9th. META’s trailing and forward P/E were 21.29 and 18.62 respectively according to Yahoo […]
Wall Street has never met an acronym it didn’t like. FAANG gave way to the Magnificent 7, and now a fresh label is making the rounds among investors trying to capture the next leg of the artificial intelligence (AI) trade. The new grouping, half marketing slogan and half investment thesis, goes by the name MANGOS: ... Investors Are Ditching the Magnificent 7 For a New Group of Stocks: The MANGOS
Investors should remember the Facebook IPO when considering buying SpaceX at launch.
June 10 (Reuters) - A California state court judge has denied motions by Meta Platforms and Google's YouTube seeking a new trial after a jury found the companies liable for designing social media platforms that are harmful to young people. Los Angeles Superior Court Judge Carolyn Kuhl ruled on the motions on Tuesday, according to court documents.
U.S. President Donald Trump said on Wednesday that he expects top artificial intelligence companies to agree to "giving back" to the public, an apparent reference to a possible government stake in the firms. "I'm going to have meetings with the top 12 or 15 executives very shortly, and we're talking about giving back something to the public, and if we do that, the public will become very rich," Trump told reporters in the White House’s Oval Office. A Trump spokesperson did not immediately respond to a request for more details about the president meeting with AI executives.
The S&P 500 keeps hitting record highs, but dig deeper, and you'll find only a handful of stocks are actually doing the heavy lifting. Here's why one Vanguard ETF offers a smarter way to invest $1,000 right now.
Magnite (MGNI) is in a good position to benefit from the continued growth and maturation of the conn
Reliance will construct the facility with an initial capacity of 168MW for Meta under the agreement, with options to increase capacity later.
Alphabet Inc. (NASDAQ:GOOGL) was among the stocks Jim Cramer discussed during Mad Money, as he highlighted a difficult backdrop for stocks. Cramer noted that he did not see the issuance coming, as he remarked: There’s the equity issuance from Google last week. Now I didn’t see it coming. You didn’t see it either. It was […]
Recent share performance and business snapshot Meta Platforms (META) has seen its stock give up some ground in recent months, with the share price down 4% over the past month and 11% over the past 3 months. This has prompted fresh interest in its current valuation. Over a longer horizon, the stock is down about 10% year to date and 17% over the past year. Its 3 year total return remains a very large multiple of the starting level, and the 5 year total return stands at about 0.75x. Against...