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Trading Day: Chip wreck
Reuters57d agoneutral
Trading Day: Chip wreck

By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more

Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential
Insider Monkey57d agobullish
Retail Investors Say Ignore SpaceX Hype and Buy This Space Stock With 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. AST SpaceMobile (NASDAQ:ASTS) ranks #4 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 39 AST SpaceMobile (NASDAQ:ASTS) is building the first space-based cellular broadband network designed to work with ordinary, unmodified smartphones. Social media is […]

Forget SpaceX: Redditors Think This Asian Stock Has 10X Potential
Insider Monkey57d agoneutral
Forget SpaceX: Redditors Think This Asian Stock Has 10X Potential

We just covered the 10 Stocks That Will 10X According to Social Media. Grab Holdings (NASDAQ:GRAB) ranks #3 (see 5 Stocks That Will 10X According to Social Media). Number of Hedge Fund Investors: 50 Grab Holdings (NASDAQ:GRAB) is Southeast Asia’s dominant super-app spanning ride-hailing, food delivery, grocery delivery, and financial services including digital banking, lending, […]

SpaceX launches $25 billion notes offering, source says
Reuters57d agoneutral
SpaceX launches $25 billion notes offering, source says

Elon Musk's SpaceX has launched a five-tranche notes offering aimed at raising at ‌least $25 billion, a source familiar with the ‌matter said on Tuesday, as the newly public company seeks funding ​for its capital-intensive AI expansion. SpaceX's AI ambitions carry a hefty price tag, requiring tens of billions of dollars in investment in data centers, computing hardware and power ‌infrastructure. The offering consists of ⁠5-year, 7-year, 10-year, 20-year, 30-year tenor senior unsecured notes, according to a document seen ⁠by Reuters.

Investing.com57d agoneutral
SpaceX bond sale draws $89 billion in investor demand

Investing.com -- SpaceX attracted approximately $89 billion in demand for its first U.S. bond sale, according to a Bloomberg report on Tuesday. The offering is set to become one of the largest deals in the U.S. investment-grade market this year.

SpaceX shares tick higher after two-day slump erases $600B
Proactive57d agobearish
SpaceX shares tick higher after two-day slump erases $600B

SpaceX Corp (NASDAQ:SPCX) shares rose 2.5% on Tuesday, offering a partial reprieve after a brutal two-day selloff that wiped more than $600 billion from the rocket and satellite company's market value and marked one of the most dramatic reversals ever seen in a newly listed mega-cap...

Bitcoin: Is the crypto winter finally over as more 'tourist' traders exit?
Yahoo Finance Video57d agoneutralVIDEO
Bitcoin: Is the crypto winter finally over as more 'tourist' traders exit?

Bitcoin (BTC-USD) has fallen back to $62,000 per token on Tuesday, hitting a two-week low, leading traders to speculate whether the crypto winter is still in play or if a sunnier crypto spring is on the horizon for digital assets. Blockstream CEO Adam Back outlines the buying and selling patterns being seen in the current crypto landscape.

The June Tech Wreck Arrives—and the Stock Market Is Shaking In Its Boots
Barrons.com57d agoneutral
The June Tech Wreck Arrives—and the Stock Market Is Shaking In Its Boots

Stocks could be facing the end-of-quarter reckoning many investors feared when Elon Musk’s SpaceX unveiled plans for its multibillion-dollar initial public offering and Federal Reserve Chairman Kevin Warsh took over the central bank’s policy reigns earlier this month. The early signs of a late June “tech wreck” started to formulate Monday, with Google parent Alphabet shedding more than $225 billion in market value, its biggest slump in more than a year, and SpaceX extending its three-day decline to more than $600 billion. Shares in SpaceX were falling 4.3% in premarket trading Tuesday, putting them below $150 a share.

Forget SpaceX: 1 Unstoppable AI Cash Machine to Buy Hand Over Fist
24/7 Wall St.57d agobullish
Forget SpaceX: 1 Unstoppable AI Cash Machine to Buy Hand Over Fist

Every retail trader on Reddit, X, and CNBC is fixated on SpaceX (NASDAQ:SPCX), the long-awaited Musk rocket IPO that prediction markets already value at roughly $1.17 trillion before the first share has cleared a public auditor. But here’s what you should actually be watching. The SPCX trade is a single-narrative bet wrapped around one personality, ... Forget SpaceX: 1 Unstoppable AI Cash Machine to Buy Hand Over Fist

SpaceX stock in focus: Why this strategist says to think like Woody — not Buzz Lightyear
Yahoo Finance Video57d agoneutralVIDEO
SpaceX stock in focus: Why this strategist says to think like Woody — not Buzz Lightyear

SpaceX (SPCX) stock is falling from its initial hype, coming off three straight days of losses amid the wider tech sector sell-off. Yahoo Finance Markets and Data Editor Jared Blikre, Mariner Wealth Advisors chief investment strategist and head of equities Jeff Krumpelman, and Yahoo Finance Senior Business Reporter Ines Ferré take a look at the market action and long-term outlook.