Stock Research

Micron Technology (MU) shares edged lower on Friday as investors weighed valuation concerns and rising expectations ahead of the memory-chip maker’s upcoming earnings report. However, demand for artificial intelligence-related memory products continued to support the company’s long-term growth outlook. Micron stock fell 1.43% on Friday after Goldman Sachs raised its price target on the company… Continue reading Micron stock slips as Goldman warns high expectations before earnings

Seagate Technology Holdings (STX) shares climbed sharply on Friday as investors responded positively to the company’s efforts to strengthen its balance sheet and capitalize on growing demand for data storage driven by artificial intelligence. The data storage manufacturer saw its stock rise 8.3% in trading after announcing plans to redeem all outstanding 3.50% Exchangeable Senior… Continue reading Seagate stock jumps as AI demand boosts growth and cash flow

Nvidia stock edged lower on Friday even as the chipmaker continued to expand its global artificial intelligence footprint through new partnerships, product initiatives, and growing demand for its next-generation processors. Shares of Nvidia NVDA slipped 0.18% during trading. The modest decline came despite a series of developments that highlighted the company’s efforts to strengthen its… Continue reading Nvidia stock slips despite China push, strong AI demand outlook

Advanced Micro Devices shares moved higher on Friday after Citi upgraded the stock, arguing that investors are underestimating the company’s potential in the rapidly expanding artificial intelligence graphics processing unit market. AMD stock was upgraded to Buy from Neutral by Citi analyst Atif Malik, who also raised his price target to $575 from $460. Shares… Continue reading AMD stock surges 5% as Citi sees major AI GPU opportunity with Meta

SpaceX (SPCX)—billionaire Elon Musk’s artificial intelligence (AI) and space infrastructure firm—went live on Nasdaq today, opening at a whopping $150 per share. This represents an 11% upside on the IPO price, which makes the giant worth just under $2 trillion. But the historic listing brings an immediate, painful side effect for the broader space industry.… Continue reading Space stocks crumble as SpaceX goes live at $150 per share

SpaceX (SPCX) made its historic debut on Nasdaq this morning, with shares opening at an exciting $150 – a more than 10% premium on the company’s initial public offering (IPO) price. At current levels, the artificial intelligence (AI) and space infrastructure firm is valued at just under $2 trillion, which makes it the sixth-most valuable… Continue reading SpaceX stock opens at $150: analyst says it isn’t out of juice just yet

Tesla (TSLA) shares fell on Friday as SpaceX made its stock market debut at $150 per share, fueling speculation among some investors that capital may be rotating from Tesla into SpaceX. Tesla stock was down by about 2.36% in late morning trading, after spending much of the morning swinging between mild gains and losses. Shares… Continue reading Tesla slips as SpaceX debuts: Buy SPCX or buy the TSLA dip?

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

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?