Tesla’s IPO minted ‘Teslanaires.’ Can SpaceX do the same?
The countdown to SpaceX’s long-awaited stock market debut is entering its final days. Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to…
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Category: Stock
ServiceTitan stock soars 7% after blockbuster earnings, outlook hike
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results drew a fresh round of bullish commentary…
Nvidia stock crashes another 3% today: why Computex failed to spark a rally
Nvidia (NVDA) stock fell on Friday as investors weighed a stronger-than-expected US jobs report, weakness across semiconductor stocks, and lingering questions about the company’s newest growth initiatives unveiled at Computex.…
Coinbase stock falls as Baird flags weak trading volumes and valuation risks
Shares of Coinbase Global COIN moved lower on Friday after Baird reiterated its Neutral rating on the cryptocurrency exchange operator but lowered its price target, warning that weak trading activity…
Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even faster acceleration in artificial intelligence-related demand. Broadcom…
RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210. The Wall…
Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
Shares of Blackstone BX climbed sharply on Thursday even after the alternative asset manager imposed withdrawal limits on its flagship private credit fund, a move that has unsettled investors across…
USA Rare Earth secures up to $1.6B CHIPS funding for US expansion
USA Rare Earth announced definitive agreements with the US Department of Commerce that provide access to up to $1.6 billion in funding under the CHIPS Act to support the development…
Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus
Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans…