Shares of SpaceX on Monday rose above $135, the price at which the company sold shares to the public in mid-June, for the first time since July 16.
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SPCX (NASDAQ: SPCX) closed Friday, August 7 at $133.11, capping a weekly gain of 22.8% from the $108.37 close on July 31. That Friday session alone delivered a 15.83% surge — the stock’s largest single-day advance since its June 12 debut.
Barrick earnings fell short as oil prices pushed up costs. A Newmont deal could ease the way for a North America IPO.
Investing.com -- Retail investors sold SpaceX stock on a net basis Friday for the first time since the company's June initial public offering, according to Vanda Research data.
Sell-side analysts have parked on Hold while some of the sharpest event-driven hedge funds in the business are quietly building complex positions around Norfolk Southern's pending merger. The two camps are not fighting over fundamentals. They are betting on very different things entirely.
CyrusOne, a data center operator owned by KKR and BlackRock's Global Infrastructure Partners, is preparing for an initial public offering as early as 2027, in what could be one of the biggest IPOs in the sector in recent years, according to people familiar with the matter. The private equity firms met investment banks including Goldman Sachs and Morgan Stanley last week and the banks pitched for roles on the IPO, the people said, asking not to be identified because the discussions are confidential.
SpaceX has struggled in recent weeks.
The answer to who is funding the AI build-out could matter far more for cash-burning AI companies than for Nvidia itself.
The newly public companies offer investors a choice between the hot space sector and the emerging quantum computing market.
Investor and television personality Kevin O’Leary said he may begin buying SpaceX shares once post-IPO volatility settles, arguing that the bigger long-term opportunity lies in Elon Musk potentially connecting SpaceX with Tesla Inc., artificial intelligence, robotics and autonomous driving. O’Leary...
Novanta (NasdaqGS:NOVT) has closed its acquisition of RiverPoint Medical, the largest deal in the company's history. The transaction expands Novanta's exposure to medical end markets and is expected to be immediately accretive to revenue growth and margins. Management is accelerating a manufacturing restructuring plan alongside the RiverPoint integration, with potential long-term effects on efficiency and profitability. For investors watching how medical technology companies scale up and...
Chipotle has posted several quarters of revenue growth, while Disney's larger sales base shifts with seasonal swings.
This non-discretionary sale was tied to equity vesting tax obligations.
This insider retains 124,261 shares worth $11.84 million after non-discretionary equity vesting.
The CEO of Qorvo maintains roughly 354,000 shares directly held post-transaction, signaling continued confidence despite routine liquidity needs.
Investing.com -- Switch Inc. has filed confidentially for a U.S. initial public offering that could take place as early as November, Bloomberg reported, citing people familiar with the matter.
(Bloomberg) -- Switch Inc. filed confidentially for a US IPO, according to people familiar with the matter, joining its data center peers in tapping demand for exposure to the artificial intelligence theme.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordTrump Administration Considers Order on Autism and VaccinesIran Says Agreement on Hormuz Shipping Reached With OmanWalmart Tests Fulfillment Ca
TTM Technologies (NasdaqGS: TTMI) announced agreements to acquire Swiss Technology Group AG and Germany based ILFA GmbH as it moves into the European market. The deals mark TTM Technologies' first direct manufacturing presence in Europe as part of its stated growth strategy. The company framed the acquisitions as a way to broaden geographic reach and customer access beyond its traditional markets. For investors watching how electronics manufacturers expand to support global demand for...
Loar stock sets up a new buy point amid the recent market strength. The aerospace and defense giant is looking for support at a key level.
BNSF Railway filed a motion asking regulators to deny the proposed $71.5 billion merger of Union Pacific and Norfolk Southern, saying the two parties did not prove that the merger is in the public interest. “It is anti-competitive, unnecessary to secure any achievable benefits, and will hurt farmers, industrial shippers, rail workers, and consumers,” said BNSF, a unit of Berkshire Hathaway, in a filing to the Surface Transportation Board, the economic regulator overseeing the railroads. “The Board should deny the merger now,” BNSF said.
Wall Street Says AMD's Taalas Deal Won't Close Nvidia's AI Gap
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BENGALURU, Aug 7 (Reuters) - Blackstone-owned AGS Health on Friday filed updated draft papers for a 48-billion-rupee ($504 million) initial public offering in India, nearly two months after securing
Stock market leaders are becoming plentiful as the S&P 500 probes all-time highs. Recent IPO Bending Spoons clears an IPO base.
Homegrown companies continue to struggle to access capital and move from research to commercialization
The Toronto-based startup, founded in 2023, has raised $219 million and builds chips hardwired for specific AI models
SPCX stock climbed 6% on Thursday despite 911.5 million shares becoming eligible for sale after a lockup expired.