Solidion Technology (STI) experienced a more than 7x rally after the battery technology specialist announced a major space pivot ahead of SpaceX’s blockbuster IPO on June 12th. In a “masterfully timed” market maneuver, the advanced battery materials developer unveiled its Generation Extreme-Climate Battery (Gen-ECB) platform on Thursday morning. The technology is specifically designed for “harsh… Continue reading Solidion stock announces space pivot ahead of SpaceX IPO: but will the gains last?
Stock Research
ARK Invest: Starlink alone is sufficient to command $2T valuation
With SpaceX’s historic Nasdaq debut just a week away, ARK Invest is making a striking claim – the firm’s satellite internet division, “Starlink,” is big enough on its own to justify a near $2.0 trillion valuation. That argument, put forward by ARK’s chief futurist Brett Winton, goes well beyond the usual IPO hype. According to… Continue reading ARK Invest: Starlink alone is sufficient to command $2T valuation
Tesla stock is down around 1% on Thursday: what’s hurting the EV stock?
Tesla (TSLA) shares edged lower on Thursday as investors weighed incremental progress in the company’s autonomous driving efforts against broader weakness across technology stocks. Shares of the electric vehicle maker fell 1.04% in early trading, underperforming a broader market decline that saw the S&P 500 slip 0.2%. The weakness came amid a difficult session for… Continue reading Tesla stock is down around 1% on Thursday: what’s hurting the EV stock?
Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
Shares of Blackstone BX climbed sharply on Thursday even after the alternative asset manager imposed withdrawal limits on its flagship private credit fund, a move that has unsettled investors across the sector in recent months. Blackstone stock rose more than 7% in trading, recovering from a roughly 4% decline a day earlier when private markets… Continue reading Why is Blackstone stock gaining despite a withdrawal cap on its flagship fund?
RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Shares of RTX Corp. rose on Thursday after Jefferies upgraded the aerospace and defense company to Buy from Hold and raised its price target to $220 from $210. The Wall Street firm cited improving profit margins, growth opportunities in the commercial aerospace engine aftermarket, and the strength of RTX’s defense business as key drivers behind… Continue reading RTX stock rises 4% after Jefferies upgrade, lifts target to $220
Trafigura delivers record half-year profit, dividend amid global tensions
Trafigura Group delivered a strong financial performance in the first half of its 2026 financial year, posting a net profit of $4.1 billion despite challenging global conditions marked by geopolitical tensions and supply chain disruptions. The Singapore-headquartered commodities trader announced its half-year results on 4 June 2026, showcasing broad-based contributions across its major divisions. Strong… Continue reading Trafigura delivers record half-year profit, dividend amid global tensions
Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Technology stocks came under heavy pressure on Thursday after Broadcom’s latest outlook failed to satisfy investors who had been betting on an even faster acceleration in artificial intelligence-related demand. Broadcom shares slumped 15%, putting the semiconductor giant on track to become the worst-performing stock in the S&P 500. The decline quickly spread across the broader… Continue reading Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
Why Nvidia stock is outperforming AI peers today
Nvidia (NVDA) shares edged lower on Thursday but held up considerably better than many semiconductor peers as investors digested a sharp sector-wide selloff triggered by Broadcom’s earnings report. Nvidia stock fell 0.8% to $214.75 in early trading. While the stock remained under pressure, the decline was modest compared with losses elsewhere in the semiconductor sector.… Continue reading Why Nvidia stock is outperforming AI peers today
Dow jumps 500 points as Broadcom selloff drags Nasdaq lower
US stocks opened lower on Thursday as a sharp selloff in semiconductor shares following Broadcom’s quarterly results weighed on investor sentiment. Markets were also closely watching rising geopolitical tensions in the Middle East and the release of fresh US economic data. The S&P 500 fell about 0.28%, while the Nasdaq Composite dropped roughly 1%. The… Continue reading Dow jumps 500 points as Broadcom selloff drags Nasdaq lower