As SpaceX's IPO approaches, the company has been securing some very lucrative AI compute deals, but the timing and terms of those deals are adding concern.
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(Bloomberg) -- Lea en españolMost Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalOf all the wild rallies in space stocks this year, none has been greater than that of a little-known company that manufactures satell

SpaceX (SPAX.PVT) is on the launch pad as it prepares to go public and begin trading on the Nasdaq as soon as this Friday, June 12. Has the IPO market recovered from prior years' slump as SpaceX and other mega-IPOs renew investor enthusiasm? ProShares global investment strategist Simeon Hyman weighs in on 2026's IPO activity and shares his outlook on how a post-IPO SpaceX may perform. SpaceX will trade under the ticker SPCX while Elon Musk's company eyes an IPO price of $135 per share.
Samsung Electronics is considering the construction of an advanced semiconductor packaging facility in the southwestern South Korean city of Gwangju, the Korea Economic Daily said on Tuesday. • Samsung is expected to unveil the investment plan at a meeting between South Korean President Lee Jae Myung and the heads of the country's largest conglomerates on June 29, the newspaper reported, citing unnamed industry sources. • The meeting, to be held at the presidential office under the theme of a "major shift in growth strategy," is expected to include Samsung Electronics Chairman Jay Y. Lee and SK Group Chairman Chey Tae-won.
The conglomerate expects full-year adjusted EPS of $10.35 to $10.65 and revenue of $38.8 billion to $39.8 billion as it nears a 3-way breakup
Led by former Loxo Oncology CEO Josh Bilenker, the startup now has a trio of cancer drugs in early-stage testing and more following closely behind.
Investing.com -- CoreWeave Inc. is holding calls with European high-yield investors on Tuesday as the AI infrastructure provider evaluates financing transactions that may include dollar and euro bonds, Bloomberg reported Tuesday.
IPOs have had juicy first-day gains this year, but it doesn’t take long for the pullback to start. And that is particularly true for mega IPOs.
Chipotle stock isn't the restaurant darling it once was, but patient investors may be able to extract long-term gains.
Apple's stock declined almost 2% on the first day of Apple CEO Tim Cook's final Worldwide Developers Conference (WWDC). The reason was more perceived letdown on the artificial intelligence front, which reawakened chatter that Apple won't dominate in the AI era.
The CMA has set Aug. 7, 2026, as the deadline for its initial review of the deal, when it will decide whether the proposed merger of PSKY and WBD raises competition concerns.
Canaccord upgraded FuelCell Energy to ‘Buy’ from Hold and raised its price target to $30 from $12, according to The Fly.
What may be the world's biggest IPO is just days away.
OpenAI announced it has confidentially filed for an initial public offering one week after competitor Anthropic announced it planned to go to market. The ChatGPT parent said in a blog post on Monday night that it has recently submitted a confidential S-1 to the Securities and Exchange Commission. “We expect it to leak so we’re just announcing it,” the company said in the blog post.
The former JPMorgan trader says the much-hyped IPO is really a cash-out for early investors who got in a decade ago, warning regular people could end up holding the bag.
Oracle is set to report earnings Wednesday afternoon, with the cloud computing giant's stock seen making a big swing after the results.
Jensen Huang was in Seoul on June 8, meeting South Korean business leaders, when the question about the selloff came. US tech shares had dropped Friday on concerns over a possible interest rate hike. South Korea's Kospi Index was tumbling that Monday morning as investors continued pulling back from ...
Americans are starting to realize that "passive" investment funds aren't actually that passive — and they have Elon Musk to thank for the lesson.
Investing.com -- Britain's Competition and Markets Authority has launched an investigation into Paramount Skydance Corp.'s $110 billion acquisition of Warner Bros. Discovery Inc.
SpaceX is pricing its IPO at 95 times its 2025 sales, but that doesn't tell the full story.
BRUSSELS, June 9 (Reuters) - Apple decided not to roll out its new Siri AI tool in the European Union after it had unsuccessfully requested to be exempted of interoperability obligations for the tool,
Investing.com -- Analysts at Goldman Sachs expect Micron to deliver a strong fiscal third quarter when the company reports later this month, with the bank sharply raising its estimates and price target on the back of tightening supply conditions and surging demand for memory chips.
By Mike Dolan June 9 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Relief rally, dip-buying or a dead cat bounce?
Investors hope every stock they pick will go “to the moon”, but some companies take that more literally than others.
(Bloomberg) -- Bitcoin’s slide below $60,000 last Friday capped its worst week since the collapse of Sam Bankman-Fried’s FTX exchange in 2022.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalChip Stocks Rally in AI Trade Revival After Plunge: Markets WrapThe forces current
Bitcoin has been selling off since privately held SpaceX filed to go public on May 20.
📈 Follow our live markets data and coverage. Warren Buffett once quipped that you should “put all your eggs in one basket and watch that basket.” The line probably originated with steel magnate Andrew Carnegie, once the richest man in America.
Global airlines' push to attract premium customers is making fast in-flight Wi-Fi an increasingly important perk, turning a once-patchy paid service into an emerging battleground between Elon Musk's Starlink and Jeff Bezos' Amazon Leo satellite network. Starlink, which operates around two-thirds of all satellites in space and is the major driver of revenue for SpaceX, has signed up 11 new airline customers globally so far in 2026, after 22 in 2025 and eight in 2024, compared with three in 2022, according to Valour Consultancy, an aviation intelligence firm. Amazon, which is still building out its Leo satellite constellation, faces a potential setback after a Blue Origin rocket failure last month.