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SpaceX stock slide sends chill through tech rally, investor says
Reuters Videos57d agobullishVIDEO
SpaceX stock slide sends chill through tech rally, investor says

<body><p>STORY: After a blockbuster initial public offering this month, SpaceX's stock has been on a wild ride, soaring 67% to its June 16 intraday high of $225.64 before tumbling to Thursday's $153 close.</p><p>And on Friday, a report that fellow AI powerhouse OpenAI was considering delaying its public debut until next year weighed on risk sentiment toward the tech space.</p><p>Conzo said that while the market believes in the future of AI and the heavy investment needed to build it, investors are still wondering when the CapEx spending will start to "really yield profits for the companies that are going to use it?"</p></body>

SPCX
Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?
24/7 Wall St.57d agobullish
Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

Space stocks are catching a bid in Friday midday trading. Virgin Galactic (NYSE:SPCE) stock is up 13% to $2.83, AST SpaceMobile (NASDAQ:ASTS) stock is up 9% to $71.72, and Rocket Lab (NASDAQ:RKLB) stock is up 5% to $84.40. The synchronized move has reignited a familiar debate on trading desks and financial social media. The question ... Virgin Galactic Rises 13%, AST SpaceMobile Jumps 9%, Rocket Lab Climbs 5%: Is This a Re-Rotation Out of SpaceX?

ASTSGOOGGOOGLNVDARKLBSPCESPCX
Sezzle CEO Says BNPL Market Share Is Coming From Regional Banks, Not Rivals, as Stock Soars 150% YTD
24/7 Wall St.58d agobullish
Sezzle CEO Says BNPL Market Share Is Coming From Regional Banks, Not Rivals, as Stock Soars 150% YTD

Sezzle CEO and Executive Chairman Charlie Youakim appeared on CNBC’s Squawk Box on Friday, June 26, to argue that the buy-now-pay-later sector is pulling market share from legacy regional and community banks and credit unions that never built the digital-first payment rails that younger consumers now expect. “The losses are coming from these nonpublic companies… they just don’t have the technological ... Sezzle CEO Says BNPL Market Share Is Coming From Regional Banks, Not Rivals, as Stock Soars

KLARSEZL
MediaPost58d agobullish
iHeartMedia Expands Ad Partnership With Amazon

Buying platforms often do not include audio as a major part of their ad inventory. A recent partnership could change this, with separate data that makes the case stronger by showing how audio increases a campaign's conversion rates.

AMZN
Micron Just Beat Wall Street and It ‘Reset the Entire Industry’
24/7 Wall St.58d agobullish
Micron Just Beat Wall Street and It ‘Reset the Entire Industry’

Memory chips are boring until they aren’t, and Wednesday afternoon they stopped being boring. Micron Technology (NASDAQ:MU) guided fiscal fourth-quarter revenue to $50 billion, plus or minus $1 billion, against a Wall Street consensus parked around $43 billion. Bloomberg Tech host Ed Ludlow, on Bloomberg Businessweek Daily, summed up the move with a line that ... Micron Just Beat Wall Street and It ‘Reset the Entire Industry’

MU
Corporate America Is Quietly Buying Back Its Own Stock at a Record Pace, and It’s Not Just the Mag 7
24/7 Wall St.58d agobullish
Corporate America Is Quietly Buying Back Its Own Stock at a Record Pace, and It’s Not Just the Mag 7

The host’s bet on The Markets this week was simple and a little contrarian, given the headlines about a handful of mega-cap tech names dialing back repurchases. “My gut is that this year, despite some Mag Seven names pausing buybacks, we’ll have a record repurchase year from notional perspective and from a number of companies ... Corporate America Is Quietly Buying Back Its Own Stock at a Record Pace, and It’s Not Just the Mag 7

SPY
3 Reasons to Avoid IBM and 1 Stock to Buy Instead
StockStory58d agobullish
3 Reasons to Avoid IBM and 1 Stock to Buy Instead

Over the past six months, IBM’s shares (currently trading at $258.55) have posted a disappointing 15.3% loss, well below the S&P 500’s 6.2% gain. This may have investors wondering how to approach the situation.

IBM^GSPC
Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside
24/7 Wall St.58d agobullish
Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside

Oracle (NYSE:ORCL) has been one of the most punished mega-cap AI stories of 2026, sliding from a $303.62 peak in October to $152.46 today. Our 24/7 Wall St. price target for Oracle is $223.70, implying 46.73% upside over the next 12 months. The recommendation is buy with high confidence (90%). Metric Value Current Price $152.46 ... Wall Street Has 36 Buy Ratings on Oracle. Here’s How We See 47% Upside

ORCL
$30 Billion in Stocks Are About to Hit the Market in 2 Days, and One Strategist Says: Buy It
24/7 Wall St.58d agobullish
$30 Billion in Stocks Are About to Hit the Market in 2 Days, and One Strategist Says: Buy It

Pension funds run on rules, not vibes. Every quarter, especially at half-year close, big institutional allocators check their books and realize the math has drifted. Stocks went up. Bonds did not. That mismatch forces a mechanical trade unrelated to whether the market is cheap, expensive, or about to discover artificial general intelligence in a garage. ... $30 Billion in Stocks Are About to Hit the Market in 2 Days, and One Strategist Says: Buy It

SPY