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Elon Musk becomes world’s first trillionaire after SpaceX debut

Elon Musk became the world’s first trillionaire on Friday after the highly anticipated public debut of SpaceX pushed his net worth beyond the $1 trillion mark, further cementing his position as the wealthiest person in modern history. The milestone follows SpaceX’s SPCX record-breaking initial public offering, which raised $75 billion and valued the company at… Continue reading Elon Musk becomes world’s first trillionaire after SpaceX debut

What is the SpaceX IPO, and why is everyone talking about it?

Even if you don’t follow stock markets, you have probably seen headlines about the SpaceX IPO. The company founded by Elon Musk is preparing to make its stock market debut in what is expected to be the largest initial public offering (IPO) in history. SpaceX plans to raise around $75 billion at a valuation of… Continue reading What is the SpaceX IPO, and why is everyone talking about it?

Why is Adobe stock sliding today despite earnings beat?

Adobe shares fell sharply on Friday despite the software company reporting better-than-expected fiscal second-quarter results and raising its full-year outlook, as investors focused on strategic changes that could weigh on near-term growth metrics. ADBE stock dropped more than 7% in Friday trading after Adobe announced plans to prioritize user growth and artificial intelligence adoption over… Continue reading Why is Adobe stock sliding today despite earnings beat?

Figma stock price is stuck in a bear market: will it crash further or rebound?

Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence (AI) era. After peaking at $143 following its IPO last year, the stock has plunged to $19 today, with its market cap falling from $60… Continue reading Figma stock price is stuck in a bear market: will it crash further or rebound?

Here’s why Nebius and CoreWeave stocks have lost momentum lately

Nebius and CoreWeave stocks pulled back in the past few days as investors book profits and as their short interest jumps. CRWV stock retreated to $95, down by 32% from its highest point in May. Similarly, NBIS stock has dropped by nearly 20% from the year-to-date high. Nebius and CoreWeave growth is accelerating Neoclouds have… Continue reading Here’s why Nebius and CoreWeave stocks have lost momentum lately

SpaceX IPO about to go live: here’s how to buy SPCX

The countdown is almost over. SpaceX is set to begin trading under the ticker symbol SPCX after pricing its record-breaking initial public offering on Thursday. The company is selling 555.6 million shares at $135 each, raising approximately $75 billion and securing a valuation of about $1.8 trillion. Investor demand has been exceptionally strong ahead of… Continue reading SpaceX IPO about to go live: here’s how to buy SPCX

Dow futures rise 300 points: 5 things to know before Wall Street opens

US stock-index futures rose on Friday as traders moved back into risk assets, encouraged by hopes that a Middle East deal may ease the oil shock and by anticipation around SpaceX’s market debut. The mood was still fragile, with Iran yet to give final approval to any agreement and investors alert to whether a record… Continue reading Dow futures rise 300 points: 5 things to know before Wall Street opens

SpaceX Nasdaq debut today: here are the final analyst calls before the bell

SpaceX is set to make its Nasdaq debut today in what is expected to be the largest initial public offering ever, with shares priced at a fixed $135 and the company targeting a valuation of about $1.77 trillion. The Elon Musk-led company is raising $75 billion under the ticker SPCX, giving investors a rare chance… Continue reading SpaceX Nasdaq debut today: here are the final analyst calls before the bell