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Qualcomm’s Best Run in Years Barely Puts a Dent in Brutal Selloff
Bloomberg145d agobearish
Qualcomm’s Best Run in Years Barely Puts a Dent in Brutal Selloff

(Bloomberg) -- By most objective measures, Qualcomm Inc. appears to be in the midst of a stock market heater. Most Read from BloombergInside Alex Cooper’s Unwell: Tears, Screaming and Employees Looking for the ExitKuwait Declares Further Force Majeure on Oil ShipmentsTrump Aims to Seal Iran Deal, Says Truce Extension UnlikelyThree Ships Including an Iranian Vessel Cross Hormuz StraitCruise Ships Seized Brief Hormuz Reopening to Flee Persian GulfThe chipmaker’s shares are on track for a tenth-con

Steel Dynamics Sees Strong Demand For Years Amid Trump Tariffs; STLD, Nucor Break Out
Investor's Business Daily145d agoneutral
Steel Dynamics Sees Strong Demand For Years Amid Trump Tariffs; STLD, Nucor Break Out

STLD and Nucor edged higher early Tuesday after both steel stocks broke out during Monday's regular session ahead of Steel Dynamics' late-day earnings report. Cleveland-Cliffs opened the first-quarter earnings season for the steel sector early Monday morning, signaling an improved outlook. Steel Dynamics' Q1 results showed a surge in earnings with a big assist from Trump tariffs.

SpaceX’s $2 Trillion IPO Is Coming: These 6 Stocks Will Ride the New Space Economy Into Orbit
24/7 Wall St.147d agoneutral
SpaceX’s $2 Trillion IPO Is Coming: These 6 Stocks Will Ride the New Space Economy Into Orbit

SpaceX confidentially filed for its IPO on April 1, and quickly raised its target valuation above $2 trillion. That would dwarf Saudi Aramco’s record $29.4 billion raise in 2019 and could bring in as much as $75 billion. Morgan Stanley just released a list of 60 public companies across the full space supply chain — ... SpaceX’s $2 Trillion IPO Is Coming: These 6 Stocks Will Ride the New Space Economy Into Orbit

Amazon Vs. SpaceX Space Race Heats Up At Difficult Time For Musk's Upcoming IPO
Benzinga148d agoneutral
Amazon Vs. SpaceX Space Race Heats Up At Difficult Time For Musk's Upcoming IPO

Amazon.com Inc agreed to acquire Globalstar Inc for $11.57 billion, snatching a satellite company that Elon Musk’s SpaceX had tried to buy itself just months earlier. Amazon Outbid SpaceX Amazon beat out SpaceX for Globalstar, securing spectrum and satellite infrastructure that strengthens its position in both broadband and direct-to-device connectivity. SpaceX has roughly 10,000 Starlink satellites in orbit. Amazon has around 200, but is planning $200 billion in capex this year and targeting 3,

Bloomberg148d agoneutral
China Fines Alibaba, PDD for Food Delivery Business Failures

(Bloomberg) -- Chinese regulators fined leading food delivery platforms including Alibaba Group Holding Ltd., PDD Holdings Inc. and Meituan for failing to filter out unqualified merchants.Most Read from BloombergHormuz Chaos, Lebanon Clashes Dent Trump Peace Deal HopesNvidia Makes Quantum Computing CEO a Billionaire in DaysUS Seizes First Iran-Flagged Ship in Blockade, Imperiling TalksTrump Says Iran Will Suspend Nuclear Program as Hormuz OpensCongo to Top Ethiopia to Become Sub-Saharan Africa’s

Investors in This Stock Are Still Bullish on Greenland
The Wall Street Journal148d agoneutral
Investors in This Stock Are Still Bullish on Greenland

Remember President Trump’s preoccupation with Greenland? Traders piled into U.S. company Critical Metals on Friday after it grew its controlling stake in a rare-earths project in southern Greenland—helping its stock log its best one-day performance since October. Shares of Critical Metals rose around 35% on Friday and 42% this week, the stock’s largest weekly increase since January, when Trump repeatedly threatened to acquire Greenland.

HIVE Digital to raise $75 million for AI and data centers
TheStreet148d agoneutral
HIVE Digital to raise $75 million for AI and data centers

HIVE Digital Technologies (Nasdaq: HIVE) is preparing to raise $75 million to fuel its growth in the artificial intelligence (AI) and data center sectors. On Apr. 15, the company announced that its subsidiary, HIVE Bermuda 2026 Ltd., intends to offer $75 million in specialized ...

Bloomberg149d agobullish
Madison Air Jumps After Biggest US Industrial IPO Since 1999

(Bloomberg) -- Madison Air Solutions Corp. shares rose 18% after the company raised $2.23 billion in the biggest US listing of an industrial firm in close to three decades.Shares of the provider of ventilation and filtration systems closed at $31.75 on Thursday, compared to the initial public offering price of $27 each. The company sold 82.7 million shares after marketing them for $25 to $27 apiece. The trading gives the Chicago-based company a market value of about $15.5 billion based on the nu

Oil Rises With Hormuz Still Shut as US, Iran Mull Longer Truce
Bloomberg149d agoneutral
Oil Rises With Hormuz Still Shut as US, Iran Mull Longer Truce

(Bloomberg) -- Oil edged higher as traders weighed signs the US and Iran may extend a ceasefire against a double blockade of the Strait of Hormuz that continues to impede flows.West Texas Intermediate rose 3.7% to settle below $95 a barrel, while Brent closed near $99. Washington and Tehran are considering a two-week ceasefire extension to allow more time to negotiate a peace deal, according to a person familiar with the matter. US President Donald Trump said prospects for securing a deal with I

Fire Damages Part of Viva Energy’s Geelong Refinery
The Wall Street Journal150d agoneutral
Fire Damages Part of Viva Energy’s Geelong Refinery

A major fire engulfed part of Viva Energy’s oil refinery in Geelong, heightening concerns around the supply of oil products in Australia at a time when availability has been stretched by the conflict in the Middle East.

Eos Energy just made a move investors can't ignore
TheStreet150d agoneutral
Eos Energy just made a move investors can't ignore

Eos Energy Enterprises (EOS) jumped as much as 15% on April 15 after the battery storage company announced a new partnership alongside a broader business update. The move builds on the momentum from Eos’s stronger preliminary first-quarter update released earlier this month, which showed record ...

Your Stock Portfolio Has Too Much Tech. Consider These 12 ETFs.
Barrons.com151d agoneutral
Your Stock Portfolio Has Too Much Tech. Consider These 12 ETFs.

Financial pros have long urged investors to hold diversified portfolios—and the risk posed by stock indexes’ persistently heavy tech stock concentration has amplified those calls. Over that period, investors diversified into bond and international stock exchange-traded funds amid an uptick in inflation expectations, skepticism over companies’ spending on artificial-intelligence buildouts, and heightened geopolitical concerns. One ETF hoovering assets suggests that some investors are also diversifying by flirting with non-capitalization-weighting strategies.

Energy and International ETFs Offer the Diversification Your $1,000 Deserves in 2026
24/7 Wall St.152d agoneutral
Energy and International ETFs Offer the Diversification Your $1,000 Deserves in 2026

With the VIX sitting near 19 after a sharp pullback from a March spike above 31, and the Fed holding rates steady at 3.75% after cutting 75 basis points over the prior year, the equity market backdrop in April 2026 sits in ambiguous territory. That makes the question of where to put $1,000 more interesting ... Energy and International ETFs Offer the Diversification Your $1,000 Deserves in 2026