The Wall Street Journal77d agoneutral
The Teachers Getting $50,000 Bonuses Thanks to a Massive Meta Data CenterThe jump in sales tax receipts in the Louisiana parish provides a new talking point in the debate over the AI construction boom.
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Motley Fool77d agoneutral
IPO Season: Why Patience Is The Name of the GameThe biggest IPOs ever are coming, but historically, this period calls for caution, and these deals, in particular, may need some seasoning.
GuruFocus.com77d agoneutral
Elan Microelectronics Corp (TPE:2458) Q1 2026 Earnings Call Highlights: Strategic Shifts and ...Elan Microelectronics Corp (TPE:2458) focuses on security and commercial markets while lacking clarity on financial performance and future projections.
The Wall Street Journal77d agoneutral
Everything You Need to Know About the SpaceX Trading DebutElon Musk’s SpaceX is set to make its stock-market debut Friday in the largest IPO ever—and perhaps the most closely watched. SpaceX executives are set to ring the Nasdaq’s opening bell in New York, but shares in buzzy initial public offerings don’t tend to start trading until later in the day. Bankers leading an IPO typically want to match buyers and sellers for about 10% of the shares sold before opening trading to lessen volatility.
Reuters77d agobullish
Stocks extend rally on Gulf breakthrough hopes, oil hits two-month lowsBy Stella Qiu SYDNEY, June 12 (Reuters) - Asian stocks joined a global rally on Friday on hopes a Middle East peace deal may finally materialise, while the dollar and bond yields dropped and oil
Stocktwits77d agoneutral
SpaceX IPO: Dan Ives Sees Access To Elon Musk’s Broader Universe ExpandingSpaceX has locked in its IPO at $135 per share, raising $75 billion from the sale of 555.56 million shares and valuing the company at $1.77 trillion.
Stocktwits77d agoneutral
Tesla-SpaceX Merger Speculation Heats Up As Analysts Clash Ahead Of SpaceX IPOOppenheimer analysts argued that keeping the two companies separate would better support Elon Musk’s long-term artificial intelligence ambitions.
The Conversation77d agobullish
SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these daysIn the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.
TheStreet77d agoneutral
Amazon’s AI chip push gives rivals a new problemAmazon (AMZN) has spent years establishing one of the most formidable cloud businesses in the world, but the artificial intelligence explosion is requiring every big cloud provider to face a tougher question. No longer is it enough to rent out computational power. Customers are now looking for ...
MarketBeat77d agoneutral
Adobe Q2 Earnings Call HighlightsAdobe (NASDAQ:ADBE) reported record fiscal second-quarter revenue and raised its full-year revenue outlook, while executives outlined a strategic shift toward more aggressive freemium user acquisition across Acrobat, Express and Firefly that is expected to weigh on second-half annual recurring reven
Yahoo Finance77d agoneutral
SpaceX IPO live updates: Elon Musk's SpaceX opens at $150 per share in record debut as Dow, S&P 500, Nasdaq riseWall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.
Yahoo Finance77d agoneutral
Stock market today: Dow, S&P 500 rise as investors await historic SpaceX IPOWall Street geared up for SpaceX's market debut and assessed prospects for an end to US-Iran hostilities.
Yahoo Finance77d agoneutral
Stock market today: Dow, S&P 500, Nasdaq futures slide as investors await historic SpaceX IPOUS stock futures rose as Wall Street geared up for SpaceX's market debut and welcomed easing tensions between the US and Iran.
Yahoo Finance77d agoneutral
Stock market today: Dow, S&P 500, Nasdaq futures rise as investors await historic SpaceX IPOUS stock futures rose as Wall Street geared up for SpaceX’s market debut and welcomed easing tensions between the US and Iran.
Zacks77d agoneutral
3 Juggernaut IPOs: Did Investors Get Rich or Not?Tracey looks at the big IPOs from Facebook, Tesla, and Alibaba. How'd investors do?
Reuters Videos77d agobullishVIDEO
Wall Street indexes jump; Trump says strikes against Iran canceled<body><p>STORY: Wall Street's main indexes ended sharply higher on Thursday, with the Dow adding more than 1.8%, the S&P 500 climbing one-and-three-quarters percent and the Nasdaq jumping more than two-and-a-half percent.</p><p>President Donald Trump canceled planned strikes on Iran and said a peace deal with Tehran could come as soon as this weekend.</p><p>While oil prices dropped sharply, Ben McMillan, chief investment officer at IDX Advisors, warned that inflationary and other economic pressures wouldn't immediately subside. </p><p>"It's not a spring where all of a sudden, once everything is signed and everybody agrees to a ceasefire, inflation magically comes down, even if the price of oil does. You know, supply chains have been disrupted, and not just oil, by the way, too, things like fertilizer, things that impact the food supply. And we're starting to see that percolate through the system."</p><p>Feeding inflation worries, data on Thursday showed U.S. producer prices increased more than expected in May, leading to the largest annual gain in over three years.</p><p>:: Oracle</p><p>Among the day's stock moves, shares of Oracle bucked what was otherwise a strong day for tech stocks, plunging 8.5% after the firm projected capital spending plans for fiscal 2027 above Wall Street estimates.</p><p>And shares of Adobe, down more than 6% at the close, plunged further in extended trading, despite the Photoshop maker raising its annual revenue forecast. The company also announced the departure of its CFO only three months after Adobe's CEO said he would step down.</p><p>And SpaceX priced the biggest-ever U.S. IPO at $135 per share, making Elon Musk’s rocket maker one of the world’s most valuable companies. The IPO raised a record $75 billion, valuing the company at nearly $1.8 trillion, a record for an initial offering. Trading is set to begin on Friday.</p></body>
Reuters77d agoneutral
Nvidia hires veteran lobbyist Bruce Andrews to head government affairs, sources sayNvidia has hired veteran lobbyist Bruce Andrews to head government affairs in Washington, D.C., two sources briefed on the matter said on Thursday. Andrews served as chipmaking rival Intel's government affairs chief under former CEO Pat Gelsinger. During the Obama administration, Andrews was a Commerce Department official.
The Wall Street Journal77d agoneutral
Volatility Is Back on Wall StreetAI jitters and mega IPOs are among the factors prompting violent index moves in recent days. The Nasdaq composite has swung an average of 2.1% over the past five sessions, according to Dow Jones Market Data, compared with its five-year average absolute move of 1%.
TheStreet77d agoneutral
Starbucks eyes massive change in key marketStarbucks is on a roll right now. U.S. comparable-store sales jumped 7% last quarter, transactions are increasing across all income groups, and operating income is inflecting for the first time in two years. But behind the momentum, Chairman and CEO Brian Niccol is quietly making moves that ...
Reuters77d agoneutral
SpaceX IPO makes Elon Musk the world's first trillionaireBy Manya Saini and Niket Nishant June 11 (Reuters) - Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in
TheStreet77d agoneutral
JPMorgan, Bank of America receive subpoena from DOJThe Department of Justice reportedly sent subpoenas to some of the biggest American banks. Among those who received the subpoenas were JPMorgan Chase, Bank of America, and Wells Fargo, The Wall Street Journal reported, citing anonymous sources. Jeanine Pirro of the United ...
The Wall Street Journal77d agoneutral
What Elon Musk Bought and Sold During His Quest to ‘Own No House’Throughout the years, the SpaceX CEO and co-founder has shown a preference for secretive suburban compounds—most recently in Texas.
Barrons.com77d agoneutral
SpaceX Tesla Merger Odds Are RisingThere is rarely a dull day for investors in Elon Musk's companies. Now that the SpaceX IPO is done (secondary market trading will start Friday), thoughts can turn back to the long-term plans Musk might have for his business empire. A merger with Tesla is on the table.
The Wall Street Journal77d agoneutral
Corrections & AmplificationsCORRECTIONS The first name of Lynn Bromley, a former Maine state senator, was misspelled as Lynne in some editions Thursday in a U.S. News article about women voters. Oracle’s fourth-quarter cloud-infrastructure revenue rose 93% from a year earlier.
Reuters77d agoneutral
Musk's SpaceX raises $75 billion in largest IPO everElon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. It's definitely going to be a long-term story, and I think it will take time for the stock to find its footing in the public markets.
TheStreet77d agobearish
Delivery giant closes facility, cuts 100s of workersFedEx built its reputation on speed with overnight packages, reliable routes, and trucks that became part of the daily routine and business districts across the country. Now, the company is trying to make that massive delivery system leaner through its Network 2.0 transformation project to reduce ...
Barchart77d agoneutral
Virgin Galactic Stock Leads Space Stocks Higher Ahead of SpaceX IPOVirgin Galactic stock is a wave of SpaceX IPO momentum sweeps through the sector. But is it already too late to invest in SPCE shares now?
Stocktwits77d agobearish
Adobe Stock Drops After-Hours As CFO Exit Eclipses Strong Q2 Results, FY26 GuidanceAdobe’s CFO, Dan Durn, quits to join Marvell Technologies.
