Stock Research

Billionaire Elon Musk’s aerospace and technology giant, SpaceX, is on the verge of going live on Nasdaq under the ticker symbol “SPCX”. The company expects to sell about 555.6 million of its Class A shares at a fixed price of $135 each, raising $75 billion at an implied valuation of a staggering $1.77 trillion. And… Continue reading Investing in SpaceX stock via this fund dilutes the risk of direct ownership

US stocks closed lower on Wednesday as rising oil prices, climbing Treasury yields, and renewed tensions in the Middle East weighed on investor sentiment, ending the S&P 500’s nine-session winning streak. The Dow Jones Industrial Average fell 620.72 points, or 1.21%, to 50,687.07. The S&P 500 declined 0.74% to 7,553.68, while the Nasdaq Composite lost… Continue reading Dow drops 620 points as oil surge and Iran tensions hit stocks

Advanced Micro Devices (AMD) shares climbed on Wednesday as investors returned to the semiconductor sector, pushing the stock toward a market capitalization milestone that it has never previously reached. The chipmaker’s shares gained 4.02% to $542.52, after trading as high as $546.44 during the session. The advance put AMD on pace for a record closing… Continue reading AMD stock jumps as AI optimism pushes valuation toward $900 billion

Meta Platforms (META) shares rose more than 4% on Wednesday as investors assessed the company’s latest push to monetize artificial intelligence through a new business-focused AI agent platform. The gains came even as concerns over the company’s heavy spending on AI technology continued to weigh on broader investor sentiment. The social media giant introduced Meta… Continue reading Meta shares climb as AI agent strategy expands beyond advertising

Shares of Netflix (NFLX) fell on Wednesday, putting the streaming giant on track for its longest losing streak since late 2022, even as the company continues to expand its advertising business and maintain shareholder-friendly capital allocation policies. The stock declined 2.6% to $81.21 during Wednesday’s session, marking its eighth consecutive day of losses if the… Continue reading Netflix stock heads for worst losing streak in nearly four years

Navitas Semiconductor (NVTS) shares soared to a year-to-date high on June 3rd after the company teamed up with the Nvidia MGX™ Ecosystem to accelerate 800 VDC AI infrastructure. The deal centers on NVTS supplying “power delivery boards” that eliminate the 48V intermediate bus converter stage within compute server trays. It targets 97.5% peak efficiency at… Continue reading Nvidia MGX news makes Navitas stock more expensive than SpaceX at $1.7T

GameStop (GME) shares rose on Wednesday after the video game retailer reported record quarterly earnings and unveiled a new $2 billion share repurchase program, even as its recent bid to acquire eBay failed to gain traction. The company’s stock climbed 6.12% to $22.21on Wednesday after it posted what it described as the highest quarterly net… Continue reading GameStop stock jumps after record profit, $2B buyback approval

Intel (INTC) stock climbed sharply on Wednesday, putting the chipmaker on track to snap a five-session losing streak. The stock rose 3% to $111.36, recovering some ground after a recent pullback. Intel had been one of the semiconductor sector’s strongest performers earlier this year, surging 214% between March 30 and May 11. However, that rally… Continue reading Why Intel stock is outperforming the broader market today

Laser Photonics (LASE) shares ripped higher this morning (Jun. 3) on a major $13.2 million follow-on order from the US Navy. The upward momentum drove LASE’s relative strength index (RSI) into the early 90s – indicating extremely “overbought” conditions that often attract profit-takers. At its intraday peak, Laser Photonics stock was seen trading at more… Continue reading LASE stock nearly doubles as US Navy shows more love