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Is Meta (META) A Good Stock to Buy Now
Insider Monkey108d agobullish
Is Meta (META) A Good Stock to Buy Now

Meta Platforms, Inc. (NASDAQ:META) is one of the Good Stocks to Invest in Now. Recently, on June 3, Reuters reported that Meta introduced its new AI agent at a WhatsApp-focused conference, suggesting a significant push into the enterprise software market and putting it in direct competition with OpenAI, Anthropic, and Google. ​Reuters noted that this […]

What Is SpaceX’s ‘Green-Shoe’ Option?
The Wall Street Journal108d agoneutral
What Is SpaceX’s ‘Green-Shoe’ Option?

If SpaceX shares start trading erratically, bankers have a secret weapon to attempt to calm things down. Underwriters typically sell more shares to investors than an IPO’s total offer size, colloquially called the green shoe. In SpaceX’s case, they sold about 15% more shares than the stated offering size.

Constellation Energy Taps Nuclear Restart And Tech Giants For AI Power
Simply Wall St.108d agoneutral
Constellation Energy Taps Nuclear Restart And Tech Giants For AI Power

Constellation Energy (NasdaqGS:CEG) is progressing regulatory steps to restart the Crane Clean Energy Center, including FERC approval for interconnection capacity. The NRC is conducting an environmental review for the former Three Mile Island Unit 1 facility as part of the restart process. Constellation has entered long term, carbon free power agreements with major technology companies, including Microsoft and Meta, aimed at supplying nuclear power for AI and data center...

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Reuters108d agoneutral
Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added ‌bearish positions, according to data from a JPMorgan note late ‌Thursday, just before SpaceX was set to go public on Friday. Shares in the "Magnificent Seven" -- ​a group that includes some of the biggest tech names on Wall Street, namely Nvidia, Apple, Amazon.com, Alphabet, Meta, Tesla, and Microsoft, have all declined since last Friday. The Roundhill Magnificent Seven ETF, which tracks these ‌stocks closely, declined over 2.4% ⁠since June 5, with some analysts saying investors were clearing their decks in order to prepare for the ⁠debut of Elon Musk's Space X on Friday.

Meta Expands AI Capacity As Regulators Tighten Grip On Core Apps
Simply Wall St.108d agoneutral
Meta Expands AI Capacity As Regulators Tighten Grip On Core Apps

Meta Platforms (NasdaqGS:META) is partnering with Reliance Industries to lease and operate its first AI enabled data center in India, expanding its AI footprint in a key market. The company has launched the US$115 million America's Workforce Academy in the US, aiming to train skilled trades to support its growing AI data center infrastructure. Regulators are increasing scrutiny, with the European Commission requiring free WhatsApp API access for rival AI chatbots and Canada proposing tighter...

Asia stocks up, oil down on Mideast deal hopes
AFP108d agobullish
Asia stocks up, oil down on Mideast deal hopes

Asian stocks gained and oil dipped Friday after US President Donald Trump withdrew his threat of further strikes on Iran and said a deal could be signed in the coming days."Donald Trump's rhetoric flipped intraday from strike risk and hard military language toward no immediate attack, high-level diplomacy with Iran and talk of a deal being close enough to sign as soon as this weekend in Europe, with Vice President JD Vance expected to attend," said Stephen Innes at SPI Asset Management.

This is why Morgan Stanley Views Meta Platforms, Inc. (META) as one of the Best Forever Stocks to buy
Insider Monkey108d agobullish
This is why Morgan Stanley Views Meta Platforms, Inc. (META) as one of the Best Forever Stocks to buy

Meta Platforms, Inc. (NASDAQ:META) is one of the best forever stocks to buy according to analysts. On June 6, Morgan Stanley analyst Brian Nowak reiterated that Wall Street is overlooking Meta Platforms, Inc. (NASDAQ:META), expanding competitive moat amid massive artificial intelligence spending. According to Nowak, investor sentiment around Meta Platforms has lagged that of other […]

SpaceX IPO set for liftoff in record market debut
AFP108d agoneutral
SpaceX IPO set for liftoff in record market debut

Elon Musk's SpaceX was set to begin trading on the Nasdaq exchange Friday with the biggest initial public offering in history expected to make the polarizing entrepreneur the world's first trillionaire.SpaceX is the first out of the gates among leading AI giants eyeing public markets, with OpenAI and Anthropic both recently filing initial documents with regulators.

Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?
Benzinga109d agoneutral
Cathie Wood, Bill Ackman Share 3 Stock Investments In Common: Can You Guess What They Are?

Two of the most well-known investors are betting on the same three Magnificent Seven stocks. Here's a look at the stocks owned by both Cathie Wood and Bill Ackman. Stocks in Common Ackman is the man behind the Pershing Square hedge fund, which lately has been investing in Magnificent Seven stocks. Wood is the CEO of Ark Invest, the well-known ETF company that runs the six ETFs below. Ark Autonomous Technology & Robotics ETF (BATS:ARKQ) Ark Innovation ETF (BATS:ARKK) Ark Next Generation Internet

SpaceX takes unconventional route to pricing its stock ahead of IPO
Yahoo Finance Video109d agoneutralVIDEO
SpaceX takes unconventional route to pricing its stock ahead of IPO

It's SpaceX IPO Eve (SPAX.PVT) and Elon Musk's space company is setting its IPO price on Thursday night, taking an alternate route to offer stock at $135 per share rather than a general range. Yahoo Finance Senior Reporter Pras Subramanian breaks down this unconventional public stock offering. SpaceX is expected to go public on the Nasdaq this Friday, June 12, under the ticker SPCX.

Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot
24/7 Wall St.109d agoneutral
Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot

Super Micro Computer (NASDAQ:SMCI) is back on every screen this week after a 27.98% single-session collapse and a $7 billion equity-linked financing announcement that has retail traders glued to wallstreetbets. But here’s what you should actually be watching. The SMCI Trade Is Structurally Broken A 17.75% revenue miss against consensus carries extra weight when the ... Forget SMCI: As Shifting Macro Realities Fracture Tech Valuations, This Cash-Flow King Is The Pivot

Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475
24/7 Wall St.109d agobullish
Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475

At $475.51, Advanced Micro Devices (NASDAQ:AMD) is a Hold. The stock has roughly doubled in five months on accelerating AI demand, and the gap between the operating story and the multiple has rarely been wider. AMD designs the CPUs and GPUs powering hyperscale AI factories, with EPYC server chips and Instinct accelerators now the company’s ... Up 129% Year-to-Date: 1 Flashing Red Light That Makes AMD Stock a Dangerous Buy Above $475