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SpaceX’s artificial intelligence business could become one of the largest revenue generators in the technology industry by the end of the decade, according to projections from Goldman Sachs. The forecast underscores the high-stakes bet investors are being asked to make ahead of the company’s blockbuster initial public offering. According to forecasts shared with potential investors… Continue reading Goldman Sachs sees SpaceX’s AI revenue soaring to $322B by 2030: report

The countdown to the most anticipated stock market debut in history is officially ticking. With the SpaceX public roadshow underway ahead of its June 12 listing, investor frenzy has now hit a fever pitch. But while Wall Street makes retail investors wait for the opening bell, “crypto heavyweights” are rewriting the rules of pre-public access.… Continue reading Want to gain exposure to SpaceX before the IPO? Now you can 

Shares of Ciena CIEN fell sharply on Thursday even after the networking equipment maker reported fiscal second-quarter earnings and revenue that exceeded Wall Street expectations. Ciena stock dropped more than 19% in early trading, putting the shares on track for their biggest one-day percentage decline since Jan. 27, 2025, according to Dow Jones Market Data.… Continue reading Ciena stock sinks despite earnings beat as investors seek bigger AI upside

Solidion Technology (STI) experienced a more than 7x rally after the battery technology specialist announced a major space pivot ahead of SpaceX’s blockbuster IPO on June 12th. In a “masterfully timed” market maneuver, the advanced battery materials developer unveiled its Generation Extreme-Climate Battery (Gen-ECB) platform on Thursday morning. The technology is specifically designed for “harsh… Continue reading Solidion stock announces space pivot ahead of SpaceX IPO: but will the gains last?

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 justify a near $2.0 trillion valuation.  That argument, put forward by ARK’s chief futurist Brett Winton, goes well beyond the usual IPO hype. According to… Continue reading ARK Invest: Starlink alone is sufficient to command $2T valuation

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 fell 1.04% in early trading, underperforming a broader market decline that saw the S&P 500 slip 0.2%. The weakness came amid a difficult session for… Continue reading Tesla stock is down around 1% on Thursday: what’s hurting the EV stock?

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 the sector in recent months. Blackstone stock rose more than 7% in trading, recovering from a roughly 4% decline a day earlier when private markets… Continue reading Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?

Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210. The Wall Street firm cited improving profit margins, growth opportunities in the commercial aerospace engine aftermarket, and the strength of RTX’s defense business as key drivers behind… Continue reading RTX stock rises 4% after Jefferies upgrade, lifts target to $220

Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical tensions and supply chain disruptions. The Singapore-headquartered commodities trader announced its half-year results on 4 June 2026, showcasing broad-based contributions across its major divisions.  Strong… Continue reading Trafigura delivers record half-year profit, dividend amid global tensions