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MT Newswires26d agoneutral
Sector Update: Energy

Energy stocks advanced Wednesday afternoon with the NYSE Energy Sector Index rising 1.4% and the Sta

SpaceX’s Latest Growth Opportunity Has Nothing to Do With Starship
Barrons.com26d agoneutral
SpaceX’s Latest Growth Opportunity Has Nothing to Do With Starship

SpaceX’s latest launch highlights another growth opportunity for the company, and it has nothing to do with Starship. On Tuesday, SpaceX launched hardware for Northrop Grumman’s mission to extend the life of satellites in orbit. Elon Musk’s rocket and AI company has lots of opportunities, from the mundane—launching satellites into space and providing space-based broadband business—to those straight out of sci-fi, like low-cost orbital data centers and travel to Mars.

Wall Street Turns to Value Ahead of Alphabet Earnings
Barrons.com26d agoneutral
Wall Street Turns to Value Ahead of Alphabet Earnings

What was working on Wall Street was pretty much a mirrored image of yesterday’s action. The Dow was up 64 points, or 0.1%. The top strategies were pure value, low volatility, and dividend stocks, while small-caps, growth, and momentum were lagging behind.

S&P 500 Falls as Tech Rally Hits the Brakes
Barrons.com26d agobearish
S&P 500 Falls as Tech Rally Hits the Brakes

The week’s tech stock rally hit the brakes ahead of key earnings reports from Alphabet and Tesla on Wednesday. “We are seeing a slight pause after a dramatic two-day bounce across tech and Ai winners,” writes Mizuho’s Daniel O’Regan. The iShares Semiconductor ETF was falling after marking its best day in just over a month on Tuesday.

SpaceX Launched a Satellite Repair Mission. Why It Points to a New Growth Opportunity.
Barrons.com26d agobearish
SpaceX Launched a Satellite Repair Mission. Why It Points to a New Growth Opportunity.

SpaceX launched the Northrop Grumman MRV-MEP mission to geosynchronous transfer orbit from Cape Canaveral in Florida on Tuesday evening—and it highlights another growth opportunity for the company. Elon Musk’s rocket and AI company has lots of opportunities, from the mundane—launching satellites into space and providing space-based broadband business—to those straight out of sci-fi, like low-cost orbital data centers and travel to Mars.