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Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports
Reuters71d agoneutral
Morgan Stanley expects SpaceX revenue to hit $3.4 trillion in 2040, WSJ reports

Morgan Stanley is projecting that SpaceX's revenue could reach $3.4 trillion in 2040, ‌the Wall Street Journal reported on Friday, citing ‌people familiar with the matter. The Wall Street giant is anticipating that ​revenue from SpaceX's AI business will dramatically grow in the coming years, the report said. Elon Musk's SpaceX began meeting with investors on Thursday in its IPO ‌roadshow.

CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.
24/7 Wall St.72d agobullish
CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

CNBC’s Jim Cramer is making a paradoxical call on the pending SpaceX IPO. On Squawk on the Street this week, he predicted the stock could double on its opening trade to a $4 trillion valuation, while publicly trying to talk retail investors out of buying. The mechanics he points to (a microscopic float and forced ... CNBC’s Jim Cramer Predicts SpaceX IPO Will Double to $4 Trillion. He Says Two Factors Will Lead to Massive Buying.

Bloomberg72d agoneutral
Honeywell-Backed Quantinuum Shares Jump 13% After Upsized IPO

(Bloomberg) -- Quantinuum Inc., a quantum computing company backed by Honeywell International Inc., opened 13% above its listing price after raising $1.68 billion in an upsized US initial public offering.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissStock Buyers Step In to Lift Dow Av

The Mortgage Hedging ‘Beast’ Is Returning to the Treasury Market
Bloomberg72d agoneutral
The Mortgage Hedging ‘Beast’ Is Returning to the Treasury Market

(Bloomberg) -- At the height of the US bond-market selloff last month, Vishal Khanduja detected something unusual. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpGlazer Family Members Study Manchester United Stake SaleTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableAs yields on the longest-dated Treasuries surged toward a 19-year

Bloomberg73d agoneutral
Sunshine Silver Raises $270 Million in US IPO to Restart Mine

(Bloomberg) -- Sunshine Silver Mining & Refining Co. raised $270 million in a US initial public offering that priced at the low end of the marketed range, with the funds expected to be used for restarting production at an Idaho mine. Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is UnaffordableTi

AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street
Bloomberg73d agoneutral
AI Euphoria in Old World Auto Stocks Gets a Nod From Wall Street

(Bloomberg) -- Investors betting that more old-world auto companies are in line to benefit from the boom in artificial intelligence got another stamp of approval from Wall Street.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonRBI May Have Sold Gold to Save FX Reserves

Investing.com73d agoneutral
Anthropic said to pick Morgan Stanley and Goldman to lead IPO

Investing.com -- Anthropic PBC has selected banks to lead its initial public offering, according to a Bloomberg report Wednesday. The artificial intelligence company, which makes the Claude chatbot, has chosen Morgan Stanley and Goldman Sachs Group Inc. to lead the offering. JPMorgan Chase & Co. will also work on the deal, the report said.

AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns
Reuters73d agoneutral
AI 'chipflation' spreading from data centers to wider economy, Morgan Stanley warns

Soaring memory chip prices driven by massive AI demand risk stoking "chipflation," Morgan Stanley analysts cautioned, as makers of devices from smartphones to ‌PCs are forced to choose between raising prices and settling for thinner margins. The brokerage ‌said on Tuesday that memory chip prices have spiked six-fold in the past year, as manufacturers have struggled to keep up ​with Big Tech's AI infrastructure spending spree and prioritized higher-margin data center chips over those used in everyday devices. "What began as an AI infrastructure bottleneck is now spreading into hardware margins, device affordability, cloud costs, inflation and policy," Morgan Stanley said in a 66-page note, adding the crunch has "become a macroeconomic concern."

SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says
Bloomberg74d agoneutral
SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says

(Bloomberg) -- SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr

Morgan Stanley resets Monster stock price target after earnings
TheStreet74d agoneutral
Morgan Stanley resets Monster stock price target after earnings

Monster Beverage (MNST) just earned another vote of confidence from Wall Street, and the reasoning behind it tells investors more than the new price tag does. Morgan Stanley lifted its target on the energy drink giant and kept its bullish rating in place. The size of the increase is small. The ...

Alphabet $80 Billion Equity Sale Set to Break Fundraising Record
Bloomberg74d agoneutral
Alphabet $80 Billion Equity Sale Set to Break Fundraising Record

(Bloomberg) -- Alphabet Inc.’s surprise $80 billion sale of equity to fund spending on artificial intelligence infrastructure is expected to become the biggest equity capital markets transaction of all time, according to data compiled by Bloomberg.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Andrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise $80 Billion in Equity for

SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP Terms
Bloomberg74d agobearish
SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP Terms

(Bloomberg) -- More than 1,000 current and former SpaceX employees have banded together to negotiate with wealth management firms for better pricing and access to sophisticated tax-saving financial products ahead of an initial public offering that is set to turn many of them into multi-millionaires.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI Spe

Bloomberg74d agobearish
SpaceX Wants a Fee Cut From IPO Bankers Targeting $500 Million Windfall

(Bloomberg) -- Elon Musk’s SpaceX is negotiating to pay razor-thin fees to Wall Street firms handling its IPO — but banks are still likely to rake in about $500 million from the record-setting market debut.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Sa

China Robotics Firms Line Up IPOs to Pitch Next Phase of AI
Bloomberg75d agoneutral
China Robotics Firms Line Up IPOs to Pitch Next Phase of AI

(Bloomberg) -- China is pitching itself as the global fulcrum for the next phase of artificial intelligence and a legion of robotics companies is lining up initial public offerings to test investor appetite.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionAlphabet to Raise $80 Billion in Equity for AI SpendingStocks Rise on Trump’s Iran Re

Morgan Stanley resets Microsoft stock price target
TheStreet75d agoneutral
Morgan Stanley resets Microsoft stock price target

Big tech companies spend enormous sums of money all the time. They buy back stock, pay dividends, make acquisitions, and write checks that would make a defense contractor blush. Most of that spending is legible to investors. You can model it, forecast it, and plug it into a spreadsheet. But there ...

Bloomberg75d agoneutral
For Goldman’s Top Bankers, It’s All AI Data Centers All the Time

(Bloomberg) -- For leveraged finance practitioners, artificial intelligence is the only game in town — especially in the absence of more debt deals to finance mergers and acquisitions.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedBerkshire Hathaway to Buy Taylor Morrison for $6.8 BillionA Rare ‘Super’ El Niño Is Looking More Likely. Here’s What to ExpectRussia Finance Officials Tell Putin War Spending Is UnaffordableStocks Up as Trump Cites Rapid Pace in I

Regulators Didn’t Speak to US Fund at Heart of Segantii Trial
Bloomberg76d agoneutral
Regulators Didn’t Speak to US Fund at Heart of Segantii Trial

(Bloomberg) -- The insider trading trial of hedge fund Segantii Capital Management enters a critical moment this week, as the prosecution wraps up its side of the case following testimony from an official at Hong Kong’s securities regulator. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Sign

Morgan Stanley flags unexpected Dell stock update after earnings
TheStreet76d agoneutral
Morgan Stanley flags unexpected Dell stock update after earnings

A particular moment in markets does not happen often. It is when a Wall Street firm that called a stock wrong publicly admits it, in plain language, in a research note. Morgan Stanley just had that moment with Dell Technologies (DELL). "We got this one wrong," the firm wrote in a note shared with ...

HSBC CEO Pitches HK Clients, Hires More Bankers After Setbacks
Bloomberg76d agoneutral
HSBC CEO Pitches HK Clients, Hires More Bankers After Setbacks

(Bloomberg) -- HSBC Holdings Plc is redoubling efforts to revive its flagging Hong Kong investment banking franchise, deploying its top leadership to win back market share as competition intensifies in Asia’s biggest financial hub.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarQ

Morgan Stanley slashes targets on 3 software stocks after earnings
TheStreet76d agoneutral
Morgan Stanley slashes targets on 3 software stocks after earnings

Morgan Stanley updated its outlook on three software stocks following earnings, highlighting how differently AI adoption is impacting companies across the sector. Morgan Stanley believes investors are increasingly focused on companies that can use AI to drive durable revenue growth; for example ...

Morgan Stanley revisits NetApp stock price target after earnings
TheStreet76d agoneutral
Morgan Stanley revisits NetApp stock price target after earnings

NetApp (NTAP) stock jumped about 22% on May 29 after reporting strong fourth-quarter earnings and raising expectations for FY2027. Morgan Stanley responded by lifting its price target from $88 to $137, citing growing evidence that enterprise AI spending is beginning to translate into real storage ...

Investing.com76d agoneutral
Saudi contractor MGC seeks up to $799 million in Riyadh IPO

Investing.com -- Saudi Arabia’s Mutlaq Al-Ghowairi Contracting Co. (MGC) is seeking to raise as much as 3 billion riyals ($799 million) through an initial public offering in Riyadh, according to a statement cited by Bloomberg on Sunday.

Paramount Is Pulling Every Lever to Sell LBO Debt
Bloomberg77d agobearish
Paramount Is Pulling Every Lever to Sell LBO Debt

(Bloomberg) -- Paramount Skydance Corp. stretched, then stretched, then stretched again in its audacious $110 billion takeover bid for Warner Bros. Discovery Inc.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder His First Ever Jail TermNow the companies