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SpaceX IPO gives Elon Musk net worth number that stuns Wall Street
TheStreet70d agoneutral
SpaceX IPO gives Elon Musk net worth number that stuns Wall Street

Elon Musk recently posted on X, the social media platform he owns, that "whoever said 'money can't buy happiness' really knew what they were talking about." He's now in a position to test that theory at a scale nobody in history has ever faced. On June 12, 2026, SpaceX made its long-awaited stock ...

SpaceX to release results on website, X only, bypassing wire services
Reuters70d agoneutral
SpaceX to release results on website, X only, bypassing wire services

June 15 () - SpaceX will release quarterly and annual financial results, besides other material ‌news, only through its website and social ‌media account on X and not through wire distribution services, ​it said in a filing on Monday. The move marks a departure from standard corporate communication practices, which typically involve newswire services like Business Wire or ‌PR Newswire to ⁠reach a broad audience of investors and media outlets.

Another analyst raises Robinhood price target
TheStreet70d agoneutral
Another analyst raises Robinhood price target

Founded by Stanford graduates Vladimir Tenev and Baiju Bhatt in 2013, Robinhood Markets (Nasdaq: HOOD) is a brokerage platform that has become popular with its stock, cryptocurrency, and tokenized stock offerings. The company's stock hit the all-time high (ATH) of $153.86 on ...

Investing.com70d agoneutral
This analyst sees Intel reaching a $5 trillion valuation

Chowdhry's thesis rests on a simple but far-reaching claim: the AI boom that enriched Nvidia is giving way to a different era. "Ai Training is the Past - Ai Inference is the Present - Ai Applications is the Future, i.e., GPUs is the Past, CPUs is the Future," he wrote, framing 2026 and beyond as the era of Intel's 18A Xeon server chips and 18A Panther Lake laptop processors, in direct contrast to 2025 and prior being Nvidia's GPU moment.

Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale
Reuters70d agoneutral
Senator Cruz urges regulator to impose conditions on T-Mobile spectrum sale

The chair of the Senate Commerce Committee on Monday questioned a plan from private investment firm ‌Grain Management to acquire key wireless spectrum from T-Mobile but potentially ‌delay its use for years. Last year, T-Mobile agreed to sell its portfolio of 800 MHz licenses ​to private investment firm Grain Management for $2.9 billion in cash and all of Grain's 600 MHz spectrum licenses.

Home Depot (HD): Buy, Sell, or Hold Post Q1 Earnings?
StockStory71d agoneutral
Home Depot (HD): Buy, Sell, or Hold Post Q1 Earnings?

Over the last six months, Home Depot’s shares have sunk to $328.82, producing a disappointing 7.9% loss - a stark contrast to the S&P 500’s 8.4% gain. This may have investors wondering how to approach the situation.

SpaceX triumph signals 'the coast is clear' for other IPOs, CIO says
Reuters Videos71d agoneutralVIDEO
SpaceX triumph signals 'the coast is clear' for other IPOs, CIO says

<body><p>STORY: Shares of SpaceX rose as much as 17% on Monday, adding to gains after a blockbuster debut on Friday (June 12) that pushed the company's valuation past $2 trillion and cemented its position among the world's most valuable companies.</p><p>"It's really hard for me as a portfolio manager with over 30 years in this business to fathom why a company who had an operating loss of over $4 billion as recently as a year ago has commanded this must investor attention and become the largest IPO in our country's history," Mahn said.</p><p>Still, the success of SpaceX's public listing "tells other companies looking to IPO this year that perhaps the coast is clear, and now is the right time" to go public, he added.&nbsp;"That's a big switch for this market."</p></body>

Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings
24/7 Wall St.71d agoneutral
Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings

Chevron (NYSE:CVX) is an integrated energy major whose July 2025 Hess acquisition added Guyana, Bakken, and Gulf of America assets. With WTI near $95 and the Fed funds rate sitting at 3.75% after 75 basis points of cuts, the question I want to answer is whether income investors can trust the payout. Dividend Snapshot Metric ... Chevron Stock Is an Absolute Steal at 11 Times Forward Earnings

Why Your Summer Tomatoes Cost So Much
Bloomberg71d agoneutral
Why Your Summer Tomatoes Cost So Much

(Bloomberg) -- Juicy tomatoes are a summer staple often slipped into burgers or sliced atop a salad. But weather disruptions in two major growing regions have driven up prices for the vegetable, and consumers shouldn’t expect much relief for their wallets in the months ahead.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Climb a

Michael Burry teases mystery U.S. stock with 30-year rule
TheStreet71d agoneutral
Michael Burry teases mystery U.S. stock with 30-year rule

Michael Burry normally doesn't care about the market's preferred trade. The investor is more famous for waiting until Wall Street looks the other way, then buying when the numbers give him reason to act. His newest thesis is founded on one of the simplest valuation signals in investing: tangible ...