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Bloomberg66d agobullish
SpaceX Surge Further Boosts Saudi Billionaire Prince’s Fortune

(Bloomberg) -- Friday’s debut share surge for SpaceX is bolstering the fortunes of one of Saudi Arabia’s richest men. Most Read from BloombergWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOTrump Eyes Sunday Iran Deal But Tehran Says Still Reviewing TextAnthropic Shuts Down Mythos Access After Sweeping US OrderUS Wants to Avoid Congressional Vote on Trade Deal, Carney SaysAir India Plans to Downsize With Owner Tata Balking at LossesPrince Alwaleed bin Talal’s investment firm Kingd

Investing.com67d agobullish
Roku stock surges 20% on report of potential sale talks

Investing.com -- Roku Inc. (NASDAQ:ROKU) shares jumped as much as 20% Friday following a Bloomberg report that the streaming platform company has held discussions with at least one U.S. media company about a potential sale.

Eli Lilly Stock Hits Buy Zone As Earnings Soar 156%. Funds Are Loading Up.
Investor's Business Daily67d agobullish
Eli Lilly Stock Hits Buy Zone As Earnings Soar 156%. Funds Are Loading Up.

With the massive SpaceX debut hogging the headlines, some retail investors may have allowed more prosaic names to slip from their minds. Pharma stock Eli Lilly is trading in a buy zone as institutional investors load up. Eli Lilly is committed to innovation and reinvests 20%-25% of its sales back into developing new treatments.

SpaceX vaults over $2 trillion valuation as stock jumps after record IPO
Reuters67d agobullish
SpaceX vaults over $2 trillion valuation as stock jumps after record IPO

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.

Indexes Climb Ahead of SpaceX Trading Debut
The Wall Street Journal67d agobullish
Indexes Climb Ahead of SpaceX Trading Debut

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.

Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees
24/7 Wall St.67d agobullish
Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees

Income investors have a reason to revisit Realty Income (NYSE:O). The Fed has cut 75 basis points over the past 12 months, taking the upper bound to 3.75%, easing pressure on a REIT that owns 15,542+ single-tenant net lease properties across retail, industrial, and gaming. The question for retirees: is that 5.39% yield safe? Dividend ... Realty Income’s 5.3% Yield Is a Steal: Why a Shifting Interest Rate Environment Makes This Monthly Dividend Machine a Top Buy for Retirees

Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets
24/7 Wall St.67d agobullish
Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets

Acquisition speculation is the lifeblood of cult-stock trading. The cleanest takeover targets share three traits: strategic value to a deep-pocketed partner, a cash runway that does not force a fire sale, and proprietary intellectual property that a giant cannot easily replicate. This is a scenario analysis, not a report on any announced or imminent deal. ... Acquisition Odds: How These 4 Cult Stocks Stack Up as Buyout Targets