Wall Street analysts are rolling out sky-high price targets on SpaceX's shares this week, despite a bumpy few first weeks of trading for the rocket maker. JPMorgan set a $225 price target by end-2027. "SpaceX’s ambitions—and potential impact on humanity—are bigger than any company’s we’ve ever seen," the bank's analysts said.
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Hub Group currently trades at $45.86 per share and has shown little upside over the past six months, posting a middling return of 1.9%. The stock also fell short of the S&P 500’s 8% gain during that period.
Investing.com -- Amazon.com Inc (NASDAQ:AMZN) started an eight-part U.S. investment grade bond sale on Tuesday, aiming to raise at least $25 billion.
Samsung Electronics stock dived even after it forecast a 19-fold increase in operating profit from the same period a year earlier.
(Bloomberg) -- Amazon.com Inc. is looking to raise at least $25 billion from a US dollar bond sale, its latest funding push as the company ramps up investment in artificial intelligence infrastructure.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences
SpaceX offers a great test for whether passive index-tracking funds are distorting the stock market, with the rockets-to-tweets company’s entry to the Nasdaq-100 index today forcing the massive QQQ ETF to buy its shares. The provisional result is disappointing for investors who thought automatic index buying would boost SpaceX shares. Despite being added to the FTSE Russell, CRSP and MSCI indexes collectively tracked by hundreds of billions of dollars, SpaceX’s price at yesterday’s close was a few cents below the close on its first day of trading.
(Bloomberg) -- Standard Nuclear Inc., a maker of fuel for nuclear reactors, is seeking to raise as much as $383 million in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe
US markets are set for a mixed open on Tuesday, with technology stocks expected to come under pressure after Samsung delivered record quarterly profits that still failed to satisfy investors, raising fresh questions about AI valuations. Nasdaq futures were down 1.1% ahead of the opening bell,...
Investing.com - U.S. stock futures hovered around the flatline on Tuesday as investors weighed the durability of the artificial intelligence rally alongside renewed tensions in the Middle East.
Chipmaker Onsemi on Tuesday said it will sell two manufacturing facilities as part of broader push to cut costs and boost profit margins. • Onsemi makes power and sensing chips used in electric vehicles, factories and AI data centers. • Onsemi's facility in Tarlac, Philippines will be sold to Taiwanese chip firm Greatek Electronics, which specializes in semiconductor packaging and testing.
The stock market has broadened in a way many investors have been waiting years to see. While artificial intelligence has helped create more than a dozen trillion-dollar companies and kept mega-cap technology stocks in the spotlight, smaller companies have quietly staged an even stronger comeback. Over the past 12 months, the Russell 2000 has gained ... Will the Federal Reserve Crush the Small-Cap Stock Revival?
Microsoft’s (MSFT) latest restructuring just sent a painful message to employees and investors at the same time. The company is tightening its workforce again as it looks to manage weaker pockets of the business while keeping its massive AI push on track. The timing couldn’t have been more ...
(Bloomberg) -- Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million
The firm, previously led by the commerce secretary, helped USA Rare Earth raise private funds in connection with the U.S. government’s investment.
(Bloomberg) -- The higher the rally in technology high-flyers, the louder the anxiety around a new wave of turbulence in the group.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe Cboe NDX Volatility I
Prediction market traders are betting serious money on which AI giant hits the public markets first, and the crowd favorite is not the name dominating the headlines. The odds on Polymarket tell a story that flips the conventional wisdom about OpenAI, Anthropic, and Databricks completely upside down.
(Bloomberg) -- US stock futures pointed to renewed weakness in technology shares after Samsung Electronics Co.’s earnings failed to satisfy investors, renewing pressure on chipmakers across global markets.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Senten
SpaceX and Adam Jonas! It’s a dream collaboration, where “dream” can mean any of these . . . Here’s paragraph one of the Morgan Stanley’s SpaceX...
Role eliminations at cloud computing companies, especially Oracle, comprise the lion’s share of 2026 tech layoffs.
BlackRock said on Tuesday it would launch an exchange-traded fund tracking the technology-heavy Nasdaq-100 index, as it seeks to tap surging investor demand for exposure to the AI-driven stock market rally. The iShares Nasdaq 100 ETF, offered by the world's largest asset manager, will track the flagship U.S. index and start trading under the ticker on Thursday, just months after the Nasdaq revised its criteria to accelerate the inclusion of newly listed companies such as SpaceX.
Investing.com -- RBC Capital lifted its price target on Tesla to $500 from $475 in a note on Tuesday, incorporating a premium tied to a potential combination with SpaceX, while also updating its standalone intrinsic valuation of the electric vehicle maker.
Investors wiped more than $80 billion off Samsung's market value on concerns that AI infrastructure spending may not sustain the memory chip boom
A high rate of continuous glucose monitor adoption and low level of automated insulin delivery system penetration make Spain an attractive market for Insulet.
Samsung Electronics' posted a record quarterly profit on Tuesday but this failed to reassure investors, with the sharp sell-off in the world's largest memory chipmaker expected to weigh on AI and technology stocks when Wall Street opens. The South Korean technology giant announced its...
Investing.com -- Global equity positioning remains broadly supportive, but Citi said regional divergences are becoming more pronounced, with short squeeze risks outweighing the prospect of broad-based investor de-risking.
July 7 () - Chinese startup DeepSeek is developing its own AI chip, according to three people familiar with the matter, a push that could reduce its reliance on Nvidia and Huawei chips, which it has depended on to train and run its globally popular models. The chip is designed for inference — the stage of AI computing in which a trained model generates responses for users — rather than for training new models, the sources said.
Carvana is set to announce its second-quarter earnings this month, and Wall Street expects a double-digit rise in its profits.
📣 "Investors are not walking away from the AI story, but they are asking whether a sector priced for perfection can keep delivering perfection into earnings season." —Tickmill Group analyst Patrick Munnelly, on a global chip-stock slide triggered by a robust earnings update from Samsung Electronics.
(Bloomberg) -- With the dust settling on another World Cup squabble, one thing is already clear: FIFA boss Gianni Infantino is looking stronger than ever. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesT