Chinese robotaxi firm Momenta Global said on Tuesday it had priced its Hong Kong listing at the top end of its marketed range, aiming to raise HK$5.89 billion ($751.02 million), joining a wave of tech listings reviving the city's capital markets. Here are more details: • The self-driving technology firm is offering 19.9 million shares at an issue price of HK$295.60 per share, an exchange filing showed. It plans to use about 60% of the net proceeds from the offering to boost research and development, including upgrading its artificial intelligence computing power, expanding data storage, and scaling up its engineering team, the firm said in its prospectus.
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Morgan Stanley initiated coverage of SpaceX (SPCX) on Tuesday with an Overweight rating and a $300 price target.
This is the sixth and final piece in a series examining "boring" large-cap stocks that have outperformed the Nasdaq-100 over the past five years. The first piece introduced the methodology and the companies. Over the subsequent few weeks, the series has looked at Curtiss-Wright, Williams Companies, ...
July 7 (Reuters) - The weight-loss drug market is booming, with biotech firms racing to capture a slice of a fast-growing sector dominated by Novo Nordisk and Eli Lilly.
(Bloomberg) -- Peabody Energy Corp. was awarded a federal grant to support its efforts to produce rare earth elements and critical minerals in Wyoming, as the US seeks to strengthen its domestic supply chain.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaTwo Millennium Trading Pods Made About $3.7 Billion Last MonthNasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets WrapMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulChina
Airbus will make its first foray into aircraft engines through a joint venture with Germany’s MTU Aero Engines to develop a hydrogen propulsion...
Warsh is early in his tenure as the new chair of the Federal Reserve's Board of Governors, but investors are awaiting big changes.
(Bloomberg) -- SK Hynix Inc.’s $28 billion US listing is multiple times oversubscribed ahead of pricing on Thursday, according to people familiar with the matter.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaTwo Millennium Trading Pods Made About $3.7 Billion Last MonthNasdaq 100 Falls 2% in Chip-Led Rout as Oil Climbs: Markets WrapMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulChina Sentences Official to Death Over $325 Million
July 7 (Reuters) - The world's largest technology companies are tapping debt markets and raising equity to bolster AI infrastructure, marking a shift for Silicon Valley firms that typically relied on
Union Pacific and Norfolk Southern submitted initial responses to the Surface Transportation Board's request for additional data regarding their proposed transcontinental rail merger. The post Union Pacific, Norfolk Southern submit more merger data appeared first on FreightWaves.
Ark Invest's top investor is adding to stocks that went public over the past year.
President Trump said a contribution from the defense contractor will go toward a new South Lawn pad for Marine One helicopters.
The market has spent much of 2026 rewarding companies tied to artificial intelligence, defense, and space technology with premium valuations. Investors have been willing to pay up for businesses promising decades of future growth, often overlooking near-term fundamentals. That enthusiasm helped make SpaceX‘s (NASDAQ:SPCX) public debut one of the biggest investing stories of the year. ... SpaceX Erases All Post-IPO Gains. Will Today’s Nasdaq-100 Addition Help?
M&T Bank’s 14.5% return over the past six months has outpaced the S&P 500 by 6.5%, and its stock price has climbed to $239.99 per share. This run-up might have investors contemplating their next move.
A full-time worker earning the federal $7.25 minimum wage trades 2,080 hours for about $15,080 in gross annual pay. A dividend portfolio can produce the same gross income without a time clock, but the required portfolio can range from about $151,000 to more than $500,000 depending on the yield. That gap is the whole story. ... The Portfolio That Pays More Than A Full-Time Minimum Wage Job
Investors weren't happy with Samsung's guidance today, sending a large group of tech names lower in U.S. morning trading. Here are some of the biggest recent declines: Intel (INTC): Down 11% Applied ...
Renasant has had an impressive run over the past six months as its shares have beaten the S&P 500 by 13%. The stock now trades at $42.99, marking a 21% gain. This run-up might have investors contemplating their next move.
Another day, another massive bond sale from a company borrowing heavily to invest in artificial-intelligence infrastructure. Amazon is expected to issue at least $25 billion of new U.S.-dollar bonds today, just four months after it issued $37 billion of bonds in the U.

Samsung's (005930.KS) preliminary earnings results are causing volatility in the memory sector, just ahead of SK Hynix's (000660.KS) Friday IPO. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look in the video above.
The Costco $1.50 hot dog is a cultural phenomenon, and thankfully one of the things Americans can rely on in the era of higher post-Covid inflation. Midera makes grinders, mixers, blenders, ovens, and automation products for the food industry, including equipment to make Costco hot dogs. Middleby typically trades hundreds of thousands of shares a day.
Here’s who is eligible for $1,000 in free money — and where it can be invested.
QUALCOMM is set to release its fiscal Q3 earnings this month, while analysts project a significant decline in EPS.
H.C. Wainwright said Crinetics’ lead product Palsonify adds a meaningful commercial product and establishes endocrinology as Vertex’s fifth major business pillar.
Vertiv is expected to announce its second-quarter results soon, and analysts predict a double-digit growth in the company’s bottom-line figure.
Gold fell as investors weighed Fed rate signals and fresh shipping attacks around the Strait of Hormuz.
Wall Street expects another strong Alphabet earnings report as AI and Google Cloud continue to fuel growth
T-Mobile is shutting down a service it has offered customers for 35 years. The move comes as the carrier has recently been phasing out older offerings across its wireless lineup. For example, earlier this month, T-Mobile revealed that it is discontinuing a plethora of older phone plans that ...
Wall Street is divided over the fate of Circle Internet Group (NYSE: CRCL), the issuer of USDC and one of 2025's most closely watched IPOs. The conflicting takes come after a rival stablecoin's launch triggered a sharp sell-off and a wave of conflicting analyst reactions. USDC remains the ...
Rivian (RIVN) surprised investors by announcing a new share offering after Monday's close, a move that sent the stock slipping on Tuesday after recent positive momentum.