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Bloomberg41d agoneutral
Memory Chipmaker SK Hynix Kicks Off $28 Billion US Listing

(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T

SpaceX Is About to Join the Nasdaq-100. Here’s How Exposed You’ll Be.
The Wall Street Journal41d agoneutral
SpaceX Is About to Join the Nasdaq-100. Here’s How Exposed You’ll Be.

SpaceX will officially join the Nasdaq-100 on Tuesday, and investors holding some funds tied to the index will end up exposed whether they like it or not. Mutual and exchange-traded funds with a collective $800 billion in assets under management that track Nasdaq’s flagship tech index, including the popular ETF, are set to buy SpaceX shares at Monday’s closing price in order to mirror the index’s performance.

Wall Street's $200 billion IPO wave threatens sell-off
TheStreet42d agobearish
Wall Street's $200 billion IPO wave threatens sell-off

SpaceX, Anthropic, and OpenAI are collectively moving toward public offerings that could rank among the most valuable stock sales ever completed. The flood of new shares entering the market creates selling pressure on stocks that investors already have in their portfolios. Academic research ...

SpaceX’s Telecom Dreams
The Wall Street Journal42d agoneutral
SpaceX’s Telecom Dreams

Plus: The end of Anthropic’s Fable ban, high-earner families explore alternative schools, how data-center water use is actually higher than reported and more

Amazon is finally taking the fight to Starlink
TheStreet43d agoneutral
Amazon is finally taking the fight to Starlink

Every monopoly looks permanent right up until it isn't. Standard Oil looked untouchable. AT&T (T) owned the telephone for most of a century. In markets, dominance is usually a lease rather than a deed, and the rent comes due the moment a competitor with deeper pockets decides the prize is worth ...

5-star analyst sets bold SpaceX stock price target
TheStreet44d agoneutral
5-star analyst sets bold SpaceX stock price target

It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this ...

Google Ventures makes surprise $30 million SpaceX-era bet
TheStreet44d agoneutral
Google Ventures makes surprise $30 million SpaceX-era bet

The next major space company might not be building rockets It may not be launching satellites into space, flying tourists to the edge of the atmosphere, or competing with Elon Musk’s SpaceX for the next big thing in orbit. Instead, it might accomplish something a little less glamorous: helping ...

SpaceX investors may be ignoring troubling trend
TheStreet44d agoneutral
SpaceX investors may be ignoring troubling trend

SpaceX briefly topped $225 in its first week on the Nasdaq before retreating, with shares recently trading around $170 under the ticker SPCX, Yahoo Finance reported. Starlink hit 10.3 million subscribers across 164 countries and territories by the end of the first quarter, according to the ...