Stock Research

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

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 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

OpenAI’s ChatGPT has achieved a landmark milestone, becoming the fastest application ever to reach one billion monthly users. The achievement comes at a time when artificial intelligence is facing growing scrutiny from workers, students, policymakers, and even leading AI developers. Yet despite mounting concerns over the technology’s impact on jobs, privacy, and society, user adoption… Continue reading ChatGPT storms past 1 billion users as AI backlash fails to bite

Alibaba has reportedly offered $1.5 billion to buy Chinese grocery delivery firm Pupu, more than double an earlier $600 million bid from Sun Art Retail. The reported bid, cited by Bloomberg, is not just about buying a grocery delivery company, but a bet on frequency, logistics and consumer habit. For Alibaba, Pupu offers something difficult… Continue reading Why is Alibaba ready to pay double for China’s top grocer Pupu?

Asian equities climbed on Friday, tracking a broader global rally, as investors bet that diplomatic progress in the Middle East could cool energy prices and ease pressure on inflation. The mood was also helped by anticipation around SpaceX’s market debut, after Elon Musk’s rocket and satellite company priced a record $75 billion initial public offering.… Continue reading Nikkei leads Asian markets higher as oil falls and SpaceX IPO lifts mood

SpaceX, billionaire Elon Musk’s artificial intelligence (AI) and space infrastructure company, goes live on Nasdaq just hours from now – and Anthropic isn’t far behind either, having confidentially filed its S-1 at a valuation of nearly $1 trillion. For investors seeking to ride these historic debuts but wary of their unpredictability and premium price tags,… Continue reading Why Google stock may be the best way to invest in SpaceX, Anthropic

US stocks ended higher on Thursday, with the Dow Jones Industrial Average gaining more than 900 points, as investors welcomed signs of easing tensions between the United States and Iran and returned to technology shares following a sharp selloff earlier in the week. The Dow Jones rose 929 points, or 1.84%, to close at 50,847.50.… Continue reading Dow jumps 920 points as Trump halts Iran strikes, chip stocks rally

Micron Technology MU shares moved higher on Thursday as investors returned to semiconductor stocks and analysts grew increasingly optimistic about the outlook for memory-chip demand driven by artificial intelligence. The stock gained more than 10% during the session, rebounding after a sharp pullback that had seen shares fall roughly 12% over the previous five trading… Continue reading Micron stock jumps as AI memory boom fuels analyst price target hikes