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The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’
24/7 Wall St.116d agoneutral
The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’

Elon Musk used a JPMorgan-hosted investor event this week to pitch SpaceX as entering a new chapter, telling Jamie Dimon that the company is “embarking on a massive new growth phase, and we need capital for that.” The IPO is scheduled to price on NASDAQ on June 12, 2026. S&P Global declined to change its ... The S&P 500 Snubs SpaceX as Elon Musk Describes a Coming ‘Massive Growth Phase’

Investing.com116d agoneutral
This is the most important area to watch for Apple’s WWDC this year: Citi

Investing.com -- The most closely watched element of Apple's Worldwide Developers Conference this year will be how the company integrates a revamped Siri across its operating system and ecosystem, with particular focus on whether it lays the groundwork for agentic AI workflows, Citi said following an expert call with IDC analysts.

Here Is What Morgan Stanley Has to Say Ahead of Apple’s (AAPL) WWDC 2026 Event?
Insider Monkey116d agoneutral
Here Is What Morgan Stanley Has to Say Ahead of Apple’s (AAPL) WWDC 2026 Event?

Apple Inc. (NASDAQ:AAPL) is one of the top Goldman Sachs tech stocks to buy now, with an accumulated worth of almost $27 billion. Apple’s upcoming WWDC 2026 remains to be a highlight for the company. Morgan Stanley analyst Erik Woodring shared his thoughts on Apple’s upcoming event. On June 1, TheFly reported that Woodring stated […]

Taiwan's Foxconn raises guidance for second-quarter outlook
Reuters116d agoneutral
Taiwan's Foxconn raises guidance for second-quarter outlook

Taiwan's ‌Foxconn ‌said on Friday ​that its second-quarter performance is ‌likely to ⁠be well above ⁠its previously anticipated ​forecast ​of "significant" ​growth. Foxconn, which ‌is Nvidia's biggest server maker and Apple's ‌top ​iPhone ​assembler, ​does not ‌provide numeric guidance ​for ​its outlook. (Reporting ​by ‌Ben Blanchard; Editing ​by Christopher ​Cushing)

Liftoff Mobile IPO: Why investors are comparing it to AppLovin
Yahoo Finance Video117d agoneutralVIDEO
Liftoff Mobile IPO: Why investors are comparing it to AppLovin

Liftoff Mobile (LFTO) debuted on the Nasdaq Composite (^IXIC) on Thursday, raising $437 million and pricing the initial public offering (IPO) at $23 per share. Liftoff CEO Jeremy Bondy joins Yahoo Finance to explain why the IPO was delayed, discuss Liftoff's AI engine "Cortex," and to outline the differences between Liftoff and AppLovin (APP).

TSMC Forecasts Sustained AI Chip Demand
Investor's Business Daily117d agoneutral
TSMC Forecasts Sustained AI Chip Demand

TSM stock rose on Thursday after the company's annual shareholders' meeting. At the meeting, Chief Executive C.C. Wei said the contract chipmaker, better known as TSMC, won't be able to fulfill demand over the next few years, even as more manufacturing capacity comes online, Bloomberg reported. "It will be a long time before we can meet customer demand," Wei said.

Got $10,000? TSM vs Micron: The Better Buy in 2026
24/7 Wall St.117d agobullish
Got $10,000? TSM vs Micron: The Better Buy in 2026

Taiwan Semiconductor Manufacturing (NYSE:TSM) and Micron Technology (NASDAQ:MU) sit at two different floors of the same AI building. TSMC fabricates the logic chips that power Nvidia, AMD, and Apple. Micron supplies the HBM memory those accelerators cannot run without. Both just delivered blowout numbers, and the contrast between a foundry behemoth and a pure-play memory ... Got $10,000? TSM vs Micron: The Better Buy in 2026

Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push
Bloomberg117d agoneutral
Dangote Is Doubling Giant Oil Refinery and Plotting Trading Push

(Bloomberg) -- Aliko Dangote has started work to double capacity at his huge oil refinery in Nigeria, which when finished will rival the world’s largest site and give Africa’s richest person a stronger grip of global fuel supply chains.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissTru