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SpaceX IPOs on Friday. The 55% rule says don’t chase it.
24/7 Wall St.105d agoneutral
SpaceX IPOs on Friday. The 55% rule says don’t chase it.

For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026. Retail investors have piled into the Destiny Tech100 vehicle, prediction markets have lit up, and r/wallstreetbets has turned a single post titled “$8 to ... SpaceX IPOs on Friday. The 55% rule says don’t chase it.

Amazon Leans Into AI With Pinterest Deal And Anthropic IPO Upside
Simply Wall St.111d agoneutral
Amazon Leans Into AI With Pinterest Deal And Anthropic IPO Upside

Amazon.com (NasdaqGS:AMZN) signs a US$4b cloud services agreement with Pinterest to expand AI infrastructure on AWS. The Pinterest deal is described as the largest infrastructure commitment in Pinterest's history, focused on AI, cloud, and chip utilization. Anthropic files confidentially for an IPO at a valuation reported near US$1t, with Amazon holding an equity stake of about 21%. For investors watching Amazon.com (NasdaqGS:AMZN), these developments sit at the intersection of cloud...