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Virgin Galactic shares (SPCE) plunged on Tuesday, reversing part of a dramatic rally that had made the stock one of the biggest gainers among space-related companies in recent weeks. The stock fell as much as 38%, marking its steepest one-day decline on record, after the space tourism company announced plans to repay debt by issuing… Continue reading Virgin Galactic stock crashes 38%: Here’s why investors are selling

Tesla (TSLA) shares rose 1.6% on Tuesday to $422.57, rebounding after two consecutive sessions of declines as investors welcomed stronger vehicle sales data from China and signs of continued recovery across several European markets. The gain followed a difficult start to the week for the electric vehicle maker. Tesla stock fell roughly 4.5% on Monday… Continue reading Tesla stock rebounding around 1.5% today: what’s behind the move?

The upcoming SpaceX IPO on June 12 is shaping up to be one of the most closely watched stock market events in recent history.  Elon Musk’s aerospace company is reportedly seeking to raise up to $75 billion in what could become the largest initial public offering ever, surpassing previous records and drawing attention from both… Continue reading 5 things to know before buying SpaceX IPO

Hewlett Packard Enterprise (HPE) shares are up more than 25% this morning after reporting a record Q2 and offering impressive guidance for the full year. Versus its year-to-date low in late February, HPE shares have nearly tripled already – but a senior Loop Capital analyst believes they still have significant room to the upside. Ananda… Continue reading Is there any further upside left in HPE stock? Loop Capital explains

USA Rare Earth shares (USAR) rose more than 4% on Tuesday after the company announced plans to build a $1.2 billion magnet manufacturing and refined metals facility in South Carolina. The project will expand domestic rare earth production capacity as the United States seeks to reduce reliance on Chinese supply chains. The company said it… Continue reading USAR stock rises after unveiling $1.2B rare earth manufacturing hub

Oracle shares fell on Tuesday as investors focused on the rising costs of artificial intelligence infrastructure. The decline came even as analysts maintained a largely positive outlook on the company’s long-term growth prospects ahead of earnings. ORCL stock declined 3.1%, reversing part of Monday’s 9.9% rally that had pushed shares to their highest level since… Continue reading Oracle stock slips on AI spending concerns, why analysts still see upside

Alphabet shares (GOOGL) fell in trading after the Google parent unveiled plans to raise $80 billion through a massive equity offering, underscoring the growing financial demands of the artificial intelligence race. The stock dropped about 1.6% on Tuesday. The move came despite strong investor enthusiasm for Alphabet shares, which had gained more than 20% year-to-date… Continue reading Alphabet stock drops as $80B AI fundraising plan shakes Wall Street

Broadcom’s stock surged more than 4% in trading on Tuesday as investors reacted positively to several developments tied to the artificial intelligence sector. Market sentiment was boosted by Alphabet’s plans to raise funds for AI infrastructure, Nvidia CEO Jensen Huang’s prediction that Marvell could become the “next trillion-dollar company,” and Anthropic’s recent IPO filing. The… Continue reading Why is AVGO up? GOOG’s fundraising, Anthropic’s IPO, Huang’s Marvell call in focus

The season of the mega IPOs is gathering momentum. Just days before SpaceX is expected to begin trading publicly, Anthropic, the artificial intelligence company behind Claude, confidentially filed for an initial public offering, officially taking its place on the starting line of what could become the largest IPO cycle in modern market history. The company… Continue reading As Anthropic, SpaceX, OpenAI IPO hype builds, markets face liquidity questions