Tesla’s IPO minted ‘Teslanaires.’ Can SpaceX do the same?
The countdown to SpaceX’s long-awaited stock market debut is entering its final days. Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to…
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Category: Stock
ServiceTitan stock soars 7% after blockbuster earnings, outlook hike
Shares of ServiceTitan TTAN climbed sharply on Friday after the software company delivered stronger-than-expected quarterly results and raised its full-year outlook. The results drew a fresh round of bullish commentary…
Nvidia stock crashes another 3% today: why Computex failed to spark a rally
Nvidia (NVDA) stock fell on Friday as investors weighed a stronger-than-expected US jobs report, weakness across semiconductor stocks, and lingering questions about the company’s newest growth initiatives unveiled at Computex.…
Coinbase stock falls as Baird flags weak trading volumes and valuation risks
Shares of Coinbase Global COIN moved lower on Friday after Baird reiterated its Neutral rating on the cryptocurrency exchange operator but lowered its price target, warning that weak trading activity…
Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
Shares of Blackstone BX climbed sharply on Thursday even after the alternative asset manager imposed withdrawal limits on its flagship private credit fund, a move that has unsettled investors across…
Tesla stock is down around 1% on Thursday: what’s hurting the EV stock?
Tesla (TSLA) shares edged lower on Thursday as investors weighed incremental progress in the company’s autonomous driving efforts against broader weakness across technology stocks. Shares of the electric vehicle maker…
ARK Invest: Starlink alone is sufficient to command $2T valuation
With SpaceX’s historic Nasdaq debut just a week away, ARK Invest is making a striking claim – the firm’s satellite internet division, “Starlink,” is big enough on its own to…
DDOG, ORCL, MSFT emerge as top software stock picks as the sector rebounds: report
Software stocks are staging a strong comeback after a bruising selloff earlier this year, as investors increasingly bet that artificial intelligence will become a growth catalyst for the industry rather…