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This is why Morgan Stanley Views Meta Platforms, Inc. (META) as one of the Best Forever Stocks to buy
Insider Monkey67d agobullish
This is why Morgan Stanley Views Meta Platforms, Inc. (META) as one of the Best Forever Stocks to buy

Meta Platforms, Inc. (NASDAQ:META) is one of the best forever stocks to buy according to analysts. On June 6, Morgan Stanley analyst Brian Nowak reiterated that Wall Street is overlooking Meta Platforms, Inc. (NASDAQ:META), expanding competitive moat amid massive artificial intelligence spending. According to Nowak, investor sentiment around Meta Platforms has lagged that of other […]

SpaceX IPO set for liftoff in record market debut
AFP67d agoneutral
SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.SpaceX is the first out of the gates among leading AI giants eyeing public markets, with OpenAI and Anthropic both recently filing initial documents with regulators.

Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?
Benzinga67d agoneutral
Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?

Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman. Stocks in Common Ackman is the man behind the Pershing Square hedge fund, which lately has been investing in Magnificent Seven stocks. Wood is the CEO of Ark Invest, the well-known ETF company that runs the six ETFs below. Ark Autonomous Technology & Robotics ETF (BATS:ARKQ) Ark Innovation ETF (BATS:ARKK) Ark Next Generation Internet

SpaceX takes unconventional route to pricing its stock ahead of IPO
Yahoo Finance Video67d agoneutralVIDEO
SpaceX takes unconventional route to pricing its stock ahead of IPO

It's SpaceX IPO Eve (SPAX.PVT) and Elon Musk's space company is setting its IPO price on Thursday night, taking an alternate route to offer stock at $135 per share rather than a general range. Yahoo Finance Senior Reporter Pras Subramanian breaks down this unconventional public stock offering. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX.

Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot
24/7 Wall St.67d agoneutral
Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot

Super Micro Computer (NASDAQ:SMCI) is back on every screen this week after a 27.98% single-session collapse and a $7 billion equity-linked financing announcement that has retail traders glued to wallstreetbets. But here’s what you should actually be watching. The SMCI Trade Is Structurally Broken A 17.75% revenue miss against consensus carries extra weight when the ... Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot

Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475
24/7 Wall St.67d agobullish
Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475

At $475.51, Advanced Micro Devices (NASDAQ:AMD) is a Hold. The stock has roughly doubled in five months on accelerating AI demand, and the gap between the operating story and the multiple has rarely been wider. AMD designs the CPUs and GPUs powering hyperscale AI factories, with EPYC server chips and Instinct accelerators now the company’s ... Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475

Meta Platforms, Inc. (META) Is A Top AI Stock In Ken Griffin’s Portfolio
Insider Monkey67d agoneutral
Meta Platforms, Inc. (META) Is A Top AI Stock In Ken Griffin’s Portfolio

Meta Platforms, Inc. (NASDAQ:META) is one of the 13 Best Stocks to Invest In According to Billionaire Ken Griffin. Social media giant Meta Platforms, Inc. (NASDAQ:META) is busy making moves in the artificial intelligence industry. The firm added more features to its Meta Business Agent on June 3rd and explained that the software enables businesses […]

Oracle shares slide as hefty AI spending, debt plans spook investors
Reuters67d agoneutral
Oracle shares slide as hefty AI spending, debt plans spook investors

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in ‌the company's push to build out AI infrastructure. A smaller player in ​the cloud-computing industry for a long time, Oracle has in recent months seized massive data-center deals with OpenAI and Meta to compete more forcefully with rivals, such as Amazon and Microsoft. But Oracle lacks the large cash flows that have primarily funded the tech giants' outlays, forcing it to burn cash and sell debt instruments ‌at a time its traditional software ⁠business is under pressure from the very AI tools it plans to support through its cloud.

SpaceX's market meteoric debut by the numbers
Reuters Videos67d agoneutralVIDEO
SpaceX's market meteoric debut by the numbers

<body><p>STORY: SpaceX's market debut on Friday is expected to be&nbsp;the largest-ever IPO.</p><p>Here are the meteoric numbers that have sent the spaceflight business into orbit.</p><p>:: $1.75 trillion&nbsp;</p><p>$1.75 trillion is the valuation Elon Musk's company is targeting.</p><p>That&nbsp;would instantly rank it among the world's most&nbsp;valuable companies.</p><p>:: $135</p><p>At $135 per share, SpaceX would trade at a trailing price-to-sales multiple of roughly 94.</p><p>That's above companies such as Nvidia, Amazon and Meta, and sees investors asked to pay a premium.</p><p>:: 18.67 billion</p><p>$18.67 billion is how high company sales reached last year - rising by a third.</p><p>:: 10.3 mln</p><p>:: 9,600</p><p>Starlink network did the heavy lifting making up 60% of the total sales.</p><p>That was thanks to its 10.3 million users across 9,600 satellites.</p><p>:: 2</p><p>After a single launch in 2006, SpaceX has far outpaced rivals, now managing two launches every week.</p><p>That makes it the go-to launch partner for NASA and the Pentagon.</p><p>But AI losses have weighed.</p><p>:: $4.94 billion</p><p>Merging with the money-losing xAI pushed the company to a net loss of $4.94 billion last year.</p><p>Down from a profit of $791 million in 2024</p></body>

Investing.com68d agoneutral
These 2 things are key for Meta stock re-rating: BofA

Investing.com -- Meta Platforms shares could be poised for a re-rating if the company demonstrates progress in artificial intelligence development and successfully monetizes its growing AI product portfolio, according to Bank of America.