Brazilian digital lender Nubank said on Friday it was aware of an erroneous message sent to customers claiming the firm was liquidated by the country's central bank, adding the incident resulted from an "one-time operational error." In a statement, Nubank, which is listed in New York under Nu Holdings, said the incident was under internal investigation, and did not affect clients' data protection. Earlier on Friday, dozens of customers reported receiving a message from the lender, via app and e-mail, saying the firm had been liquidated by Brazil's central bank.
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Carvana (CVNA) closed Thursday, June 11, at $67.82, up less than 1% on the day and roughly 2% over the past week. The stock remains well below its 52-week high of $97.38, and Morgan Stanley just gave investors a catchy number that measures nicely against current price levels. In a research note ...
Tesla stock rose on Friday after SpaceX went public.
Tesla stock recovered after initially sinking on Friday as SpaceX went public.
It makes Tesla and X owner Mr Musk – already a billionaire – the world’s first paper trillionaire.
The IPO market is back, and it’s not the same companies leading the charge. FAANG had a good run, but a new acronym is taking over: MANGOS — Meta (or Microsoft, depending on who you ask), Anthropic, Nvidia, Google, OpenAI, and SpaceX. Half of that bunch is heading to public markets in the same window, and it’s a stress test for investors, for valuations, and for […]
June 12 (Reuters) - SpaceX jumped over 20% in its Nasdaq debut on Friday, lifting its valuation to more than $2 trillion as investors piled into the world's largest IPO and bet on Elon Musk's sprawling empire spanning rockets to AI. The stock opened for trading at $150, compared with the IPO price of $135 per share.

SpaceX (SPCX) is finally off to the races and publicly trading after its historic IPO on Friday, June 12. Nasdaq (NDAQ) President Nelson Griggs sits down with Market Catalysts Host Julie Hyman and Yahoo Finance Executive Editor Brian Sozzi to discuss the lessons his company has learned from Facebook's — now Meta Platforms (META) — own IPO in 2012.
Shares of Elon Musk's SpaceX (SPCX) rallied 19% on Friday as the rocket and satellite company debute
The S&P 500 has climbed to near-record highs despite growing concerns about valuations, AI spending, and signs of speculative behavior across parts of the market. The S&P 500 has rallied 8% year to date, after delivering double-digit gains in 2023, 2024, and 2025. Investors have recently ...
CEO Wendell Weeks remembers the dot-com crash and other hard times, and those lessons have taught him to hedge even the most optimistic data-center bets.
The rocket and satellite company raised $75 billion in the largest IPO ever, valuing SpaceX at $1.77 trillion at its offering price
Traders on the equities desks at Goldman Sachs and Morgan Stanley were wearing green shoes on Friday, a nod to the “green shoe” over-allotment option, according to people familiar with the matter. The idea came from Musk, one of the people said.
The SpaceX IPO has boosted Musk's paper wealth to more than $1,000,000,000,000 at a time when he is more hated -- and powerful -- than ever.
September 2008 - Falcon 1 launched successfully and becomes the first privately developed liquid-fuel rocket to reach Earth's orbit. December 2008 - SpaceX secures its first major contract with NASA to ferry cargo and supplies to the International Space Station. May 2012 - A Dragon capsule is taken to space by a Falcon 9 rocket, making it the first private spacecraft to dock at the ISS.
At $342.23, Arm Holdings (NASDAQ:ARM) appears fairly valued, with a more attractive entry point sitting at or below $310 on any macro-driven technical consolidation. The stock has become the cleanest pure-play on agentic AI infrastructure, but the round trip from $100 to $428 and back to the mid-$300s in six months argues for patience over ... Buy, Hold, or Sell: Arm Holdings Shed 25% to Clear the Air as the Warsh Fed Digs In. Is It a Buy at $342?
Dana (DAN) proposed merger with Eaton's (ETN) Mobility unit is a "transformative deal" that boosts i
It's not all SpaceX in markets today. A big gain from Goldman Sachs is boosting the Dow Jones Industrial Average. The blue-chip index recently added around 400 points, or 0.8%. The S&P 500 rose 0.5%. The tech-heavy Nasdaq advanced about 0.
Lossdog Founder & CEO Tom Sosnoff joins Yahoo Finance Executive Editor Brian Sozzi on Opening Bid to discuss the key things that make Elon Musk's SpaceX (SPCX) IPO a success, which investors stand to gain the most, and who will be left holding the bag.
Amdocs (DOX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Cisco (CSCO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investors in BlackRock’s flagship private-credit fund asked to redeem a collective 13.3% of the fund’s shares in the second quarter, an increase from 9.3% in the previous period. BlackRock will repurchase 5% of the shares, it said in a letter Friday, sticking with the previously stated threshold and cashing out shareholders on a prorated basis. The higher requests are the latest evidence that the once-booming private-credit industry is still under investor pressure, following concerns about loan-losses, fraud and exposure to software companies that are looking vulnerable to artificial intelligence.
CarMax stock is in turnaround mode with a new CEO ahead of its upcoming earnings report, while AI investors await earnings from Jabil.
SpaceX’s record-shattering IPO shows investors are eager to write big checks to finance the artificial-intelligence buildout, according to Goldman Sachs President John Waldron. “The capital markets are demonstrating a willingness to finance these extraordinary companies as we build out this AI infrastructure,” said Waldron in an interview with Bloomberg TV.
Over the past six months, CVS Health has been a great trade, beating the S&P 500 by 20%. Its stock price has climbed to $100.39, representing a healthy 26.4% increase. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
General Motors' (GM) energy storage business is underappreciated by investors, while its US tariff e
SpaceX began trading on the Nasdaq on June 12, 2026, under the ticker SPCX, raising $75 billion at a $1.75 trillion valuation in the largest IPO ever. Two days earlier, Franklin Templeton CEO Jenny Johnson sat down with CNBC's "Squawk Box" and described SpaceX as reflecting "the greatest ...
The writer is a non-executive director at the Department of Health and Social Care but is writing in a personal capacity In the pandemic of March...
Management has gone quiet on the geopolitical cost pressures that once dominated its calls, but the new, unquantified component headwind they're flagging instead could pose a more direct threat to record profits.