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Nvidia CEO's iconic leather jacket heads to auction
TheStreet51d agoneutral
Nvidia CEO's iconic leather jacket heads to auction

NVIDIA (NASDAQ: NVDA) co-founder and CEO Jensen Huang is putting his trademark black leather jacket up for auction at Sotheby's, with bidding opening July 7. The Tom Ford piece, signed by Huang himself, carries an estimated value of $40,000 to $60,000, according to Sotheby's listing. ...

VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026
24/7 Wall St.51d agoneutral
VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

The Vanguard Information Technology ETF (NYSEARCA:VGT) just gave back a chunk of its 2026 run, sliding 5% in a single week as semiconductor names corrected. The fund is still up about 21% year to date and roughly 39% over the past year, but holders should treat that pullback as the market beginning to question the ... VGT Investors: Watch Hyperscaler Capex Guidance in H2 2026

5-star analyst sets bold SpaceX stock price target
TheStreet51d agoneutral
5-star analyst sets bold SpaceX stock price target

It didn’t take long for SpaceX (SPCX) to turn from hype to a disappointing IPO. The stock is trading near $161 at the time of writing on Thursday afternoon, July 2, nearly 25% below its highest close of $211.39 on June 16. Many people expected it to become a typical Elon Muskmeme stock, but this ...

Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise
Reuters51d agoneutral
Alibaba, Tencent back Kuaishou's Kling AI in $2.8 billion fundraise

China's Kuaishou Technology said on Thursday a group of investors including Alibaba and Tencent will inject ‌over 19 billion yuan ($2.80 billion) in Kling AI, while ‌valuing the popular AI video arm at $15 billion on a pre-money basis. The fundraising ​underscores investors' appetite for China's fast-growing AI sector, which continues to attract billions of dollars in fresh capital. Technology companies have raised a total of $3.1 billion from stock market listings in China this ‌year to mid-June, ⁠more than five times the amount raised last year.

Rivian stock spikes following latest update
TheStreet51d agobullish
Rivian stock spikes following latest update

BNP Paribas has been one of the few Wall Street firms that is bearish on EV industry leader Tesla. Late last year, the firm initiated coverage with an underperform rating and a $280 price target. BNPP cited unrealistic goals and a bloated valuation as the reasons for the bearish outlook on the ...