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SpaceX IPOs on Friday. The 55% rule says don’t chase it.
24/7 Wall St.65d agoneutral
SpaceX IPOs on Friday. The 55% rule says don’t chase it.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

3 Internet Stocks on Our Buy List
StockStory66d agobullish
3 Internet Stocks on Our Buy List

Consumer internet businesses are redefining how people engage with the world by giving them instant connectivity and convenience. This influence cuts both ways though because they have high exposure to the ups and downs of consumer spending, and the market seems to believe the tide is turning in the wrong direction - over the past six months, the industry has tumbled by 19.3%. This performance is a noticeable divergence from the S&P 500’s 7.5% return.

Credit Rating Upgrade Strengthens Bull Case for Snap Inc. (SNAP)
Insider Monkey68d agobullish
Credit Rating Upgrade Strengthens Bull Case for Snap Inc. (SNAP)

Snap Inc (NYSE:SNAP) is among the best Robinhood stocks under $20 to buy now. Analysts see more than 30% upside potential in Snap shares from the current level. On May 27, S&P Global Ratings upgraded its credit rating on Snap Inc (NYSE:SNAP). It raised the company’s issuer credit rating to BB- from B+. The firm […]

Here is why Meta Platforms, Inc. (META) is among the Top 10 Stocks That Members of Congress Own
Insider Monkey69d agoneutral
Here is why Meta Platforms, Inc. (META) is among the Top 10 Stocks That Members of Congress Own

With 262 hedge fund holders as of Q1 2026, Meta Platforms, Inc. (NASDAQ:META) is among the Top 10 Stocks That Members of Congress Own. On May 29, Meta Platforms, Inc. (NASDAQ:META) established a new Enterprise Solutions unit that embeds engineers and product managers directly with large corporate customers to accelerate the adoption and deployment of its artificial intelligence tools. […]

Snap’s Cost Cuts and AR Bet Could Be A Game Changer For Snap (SNAP)
Simply Wall St.69d agobearish
Snap’s Cost Cuts and AR Bet Could Be A Game Changer For Snap (SNAP)

Snap recently reported strong first-quarter 2026 results, with revenue rising 12% year over year, adjusted EBITDA more than doubling, renewed daily active user growth, and a restructuring plan aimed at reducing annualized costs by over US$500 million in the second half of 2026. An interesting angle is how this cost-cutting push coincides with heavy investment in augmented reality, including the Illumix acquisition and development of its Specs AR glasses subsidiary. Now we’ll examine how...

Can META Stock Compound Its Way Higher?
Trefis73d agoneutral
Can META Stock Compound Its Way Higher?

Hidden inside Meta's (META) massive advertising machine is a product suite already at a $20 billion annual revenue run rate. This value optimization suite, adopted by businesses for its performance, has more than doubled in the last year. It represents a powerful new layer of monetization, scaling quietly beneath the surface of the core social apps.

A Look At Snap (SNAP) Valuation After Meta Hires Key Content Partnerships Executive
Simply Wall St.75d agobullish
A Look At Snap (SNAP) Valuation After Meta Hires Key Content Partnerships Executive

Snap (SNAP) has come under fresh scrutiny after Meta hired Jim Shepherd, the company’s former senior director of global content partnerships, to lead creator and content initiatives for its growing wearables business. See our latest analysis for Snap. The latest 1-day share price return of 2.63% and 90-day share price return of 11.62% sit against a year-to-date share price decline of 27.92% and a 5-year total shareholder return decline of 90.45%. This points to short term momentum but a weak...

Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show
Reuters78d agobearish
Social media companies to pay $27 million to settle Kentucky school district's lawsuit, records show

A Kentucky school district secured roughly $27 million in settlements from Meta Platforms and other social media companies over claims they fueled a student mental‑health crisis, according to records seen by Reuters on Friday. Meta agreed to pay ‌the most at $9 million in the bellwether case for school districts, according to documents that reveal financial terms for the first time as ‌terms of the deals had not been disclosed in court. The operator of Instagram, Facebook and WhatsApp settled the case brought by Breathitt County School District on May 21, a few weeks ​before a planned June trial, following settlements by co-defendants Snap Inc, YouTube parent Alphabet and TikTok parent ByteDance.

KeyBanc Keeps Sector Weight Rating on SNAP
Insider Monkey79d agoneutral
KeyBanc Keeps Sector Weight Rating on SNAP

Snap Inc. (NYSE:SNAP) is one of the 10 Best Single Digit Stocks to Buy Right Now. On May 11, KeyBanc Capital Markets reaffirmed its Sector Weight rating on Snap Inc. (NYSE:SNAP). The research firm pointed out that Snap Inc. (NYSE:SNAP)’s growing subscription business is helping offset near-term headwinds in the advertising business, especially from weakness […]

Investing.com79d agoneutral
Is Meta’s next growth engine subscriptions?

Investing.com -- Meta Platforms’ major push into subscription services across Instagram, Facebook, WhatsApp and Meta AI, a move that could generate billions of dollars in recurring revenue.