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SpaceX already nailed its first test stock market test. The tough question is whether investors can detach the stock from the company. Elon Musk’s rocket, satellite, and artificial intelligence company has become one of the most controversial new listings on the market after a record-breaking ...
Researchers and developers believed they could improve the company’s crown jewel—and sell consumers on a laundry ‘tile.’
Microsoft’s CEO offers a blistering critique of the AI power balance and calls for earning society’s permission.
There's good news and bad news to consider as you evaluate the SpaceX IPO.
STOCKS Corporate earnings are surging. Economic data are solid. And oil prices are tumbling in the wake of the interim U.S.-Iran peace agreement. U.S. stocks have the wind at their back and new records within reach.
To look for ways to eradicate online listings, including through AI-enabled detection and prevention. Represent a fifth of the global e-commerce market and 90% of the world's social media users. Vodafone, Vodacom, Safaricom to use AI in anti-money-laundering and transaction monitoring systems across mobile money platform M-Pesa.
US stock futures slipped against a backdrop of uncertainty ahead of a key inflation reading.
One of the most anticipated public offerings in recent memory is drawing skepticism. SpaceX (NASDAQ:SPCX) currently has a valuation of roughly $2.44 trillion, up nearly 40% from its $1.75 trillion IPO. Morningstar analysts have signaled the stock could be worth less than half that figure on a fundamentals basis. That gap was the centerpiece of a recent segment on ... Morningstar Says SpaceX Could Be Worth Less Than Half Its $1.75 Trillion IPO Price
Microsoft is fed up with weak performance from Xbox, so much so that it is likely to continue major layoffs — and maybe even a spinoff — in the coming weeks.
Yahoo Finance's Josh Lipton takes a look at the top stories for investors to watch this week, including Micron (MU) earnings, Cerebras (CBRS) earnings, Carnival (CCL) earnings, home sales data, and Personal Consumption Expenditures (PCE) inflation data.
When a manufacturer discontinues a product, it knows it's running the risk of alienating some customers. When Coca-Cola killed TaB, its first diet cola, the chain angered a dedicated fanbase that has protested the loss since. "Coca-Cola’s first diet cola. Discontinued in 2020 after 57 years, but ...
Some central bankers believe there will be a rate hike in 2026.
Paychex, Trip.com, and McCormick will also report earnings. Economic date this week include the Fed’s preferred inflation gauge and new-home sales.
“We went through five years of pain,” said the chief revenue officer of the Flix Brewhouse cinema chain. A resurgent year at the box office hit new heights this weekend as Disney’s “Toy Story 5” opened to an estimated $312 million globally—the second-best debut ever for a Pixar animated film. Many event films this year have met or exceeded the industry’s lofty expectations, including “Project Hail Mary,” “The Super Mario Galaxy Movie,” “Michael” and “The Devil Wears Prada 2.” The past few weeks have also seen two low-budget horror movies, “Backrooms” and “Obsession,” become unanticipated blockbusters.
The sprawling Rosenthal clan is meeting this weekend to reconnect and empower future generations with family wisdom on finding success.
Thursday delivers an economic data convergence with Q1 GDP revision, May Core PCE, durable goods orders, and initial jobless claims all at 8:30am, providing comprehensive economic assessment. The week features critical semiconductor earnings from Micron (MU) Wednesday and FedEx (FDX) Tuesday testing chip demand and logistics health.
JPMorgan Chase & Co.’s asset-management arm advised investors to stay invested in stocks and other higher-risk assets in the second half of 2026, amid an AI boom and resilient consumption, despite persistent inflationary pressure. David Kelly, chief global strategist at JPMAM, told Bloomberg on Wednesday, "The good news in terms of baseline forecast is we think the economy will strengthen in the middle of the year." He attributed that strength partly to income tax refunds and stimulus checks fro
Inflation resistant stocks provide consitent cash flow and capital returns, helping to reduce portfolio volatility and enhance total returns over time.
AbbVie (ABBV) is closing in on a deal to buy Apogee Therapeutics for $10.9 billion in cash, according to a Reuters report citing people familiar with the matter in the Financial Times. The price values Apogee at a roughly 60% premium to its closing share price on Thursday, June 18, a steep markup ...
As companies move quickly to adapt artificial intelligence, there are some areas where it may do more harm than good.
Plus, the hacker sent to calm the U.S. government’s nerves about AI, the surprising benefits of 3-D-printed batteries, Elon’s $86 billion war chest and more.
Kevin Warsh just held his first meeting as the head of the Federal Reserve; it has set an important tone for the future.
After coming up short in recent media acquisitions, Netflix makes a big bet on itself.
Companies typically push earnings releases through major news wire services, but Elon Musk is going his own way again.
Elon Musk’s next move could be a SpaceX-Tesla merger big enough to challenge Nvidia Corp. for the title of most valuable company on Earth. Just three sessions into its IPO, SpaceX has already surged nearly 50% to roughly $2.6 trillion, leaving Tesla Inc. and its $1.5 trillion behind. The wider that gap runs, the cheaper Tesla gets to absorb, and the more control Musk keeps over whatever emerges. The Math On A $5 Trillion Giant The case for a merger, laid out this week by Bloomberg columnist Liam
Inflation remains elevated, and the new Fed chair aims to change that.
Investing.com - Gold’s ambitious march toward a record $5,200 per ounce target faces growing headwinds from a hawkish Federal Reserve, even as geopolitical de-escalation and robust central bank buying provide solid structural support, Morgan Stanley said in a research note. While the Wall Street bank maintains its upside bias for the precious metal into the second half of 2026, analysts warned that achieving its $5,200 target will become increasingly difficult without a renewed surge in exchange
(Bloomberg) -- Wealth managers keen to stay relevant in the age of artificial intelligence may soon find that clients with a mere $1 million in liquid assets are no longer worth spending human hours on.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginTrump’s Fears About Economy Undercut US
The AI trade started with chips. Now it's running into the electric grid.
NXP Semiconductors N.V. (NASDAQ:NXPI) is among the 10 Best EV Stocks to Invest In According to Hedge Funds. On June 11, NXP Semiconductors N.V. (NASDAQ:NXPI) announced an interim dividend. NXP USA, Inc. stated its board approved $1.014 per share for Q2 2026, payable July 9 to shareholders of record June 24. The firm noted “continued […]
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