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Shares of global financial services firm Morgan Stanley (NYSE:MS) jumped 2.6% in the afternoon session after its investment management division, alongside partner Ridgeback Group, announced the acquisition of a UK private rental business for approximately £1.05 billion.
When Cursor raised an $8 million seed round in October 2023, headlines highlighted one of its big-name backers: OpenAI’s Startup Fund. And now with SpaceX’s $60 billion all-stock acquisition of Cursor, a whole new group of investors has been launched into Elon Musk’s orbit—and it includes one of xAI’s chief competitors and a target of Musk’s ire. While the deal brings a slew of newcomers into the fold, it’s helping several investors deepen their existing ties to the “Muskonomy.” Firms like Andre
Elon Musk boosted his voting power in Tesla to 20% by turning some of his stock options into shares that he can immediately vote but can’t sell until 2028. Fresh off last week’s SpaceX IPO, Musk made good on an April agreement with Tesla to convert outstanding options on roughly 300 million shares that he received from a 2018 pay package, securities filings show. The unusual transaction meant Musk didn’t walk away with more plain-vanilla Tesla shares.
We recently published Jim Cramer Called SpaceX A Meme Stock & Discussed These 7 Stocks. Oracle Corporation (NYSE:ORCL) is one of the stocks discussed by Jim Cramer. Data center infrastructure provider Oracle Corporation (NYSE:ORCL)’s shares are down by 8.7% over the past year and by 1.7% year-to-date. The past couple of days haven’t been kind […]
S&P Dow Jones indexes said it won't make any special rule changes to allow SpaceX into the S&P 500.
Defunct crypto exchange FTX gained exposure to SpaceX in 2022, and the rocket-maker’s post-IPO rally has lifted hopes among creditors.
Stocks suffered broad, sharp losses on rate hike bets after the first Warsh Fed meeting. SpaceX fell for the first time while Robinhood jumped.
Don't overthink the AI boom.
The former Sequoia Capital leader is filling an "existing vacancy" on SpaceX's board, days after the company went public in the largest IPO ever.
SpaceX's (SPCX) IPO may be creating a vacuum, and space-themed ETFs are benefitting from the latest phase in the Space Race. Yahoo Finance Markets and Data Editor Jared Blikre looks at the array of thematic space ETFs and how they have been gaining since SpaceX's mega-IPO last Friday.
SpaceX is more of an AI stock than a space stock -- and that's great news for Intel.
South Korean retail investors made SpaceX their top U.S. stock after being shut out of direct IPO access.
SpaceX Just Passed Amazon. Michael Burry Isn't Buying the Hype
ARKK saw record inflows and outflows as investors possibly used ETFs to access SpaceX's IPO.
SpaceX had the biggest initial public offering (IPO) in history. These two ETFs are structured to provide you with strong indirect exposure to the stock.
The biggest IPO in history could send shockwaves across the AI market.
The company isn't going to offer the one thing a great many market players crave.
“Space, the final frontier…” We all know those words from the most famous opening narration in all of speculative fiction. But recent events are bringing them to life.Claim 55% Off TipRanks Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. NASA sent the Artemis II mission around the moon this past April, carrying astronauts b
Scott Melker discusses Coinbase replacing your bank, Illinois being the first state to tax crypto by transaction, and other big crypto headlines. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) jumped 3.4% in the afternoon session after the company received positive attention from Wall Street, including an analyst upgrade and price target increases, ahead of its inclusion in the Nasdaq-100 Index.
This aerospace and industrial power systems stock hit an all-time high on Wednesday. Its helps power satellites, missiles and data centers.
SpaceX's post-IPO rally lifted Musk's wealth by $620 billion over four trading days, Bloomberg's index showed.
SPACs are making a comeback. A flood of expected blockbuster IPOs this year is creating an opening for SPACs as smaller companies seek to capitalize on a favorable market without having to compete for investor attention against the likes of SpaceX, Anthropic and OpenAI. That is giving blank-check companies renewed footing after years of upheaval, with a more mature SPAC market emerging at a time when mega-IPOs are expected to command an outsized share of investor capital and attention, analysts, market experts and industry insiders told Reuters.
HawkEye 360, Inc. (NYSE:HAWK) was among Jim Cramer’s stock calls on Mad Money, as he highlighted worthy space players and reviewed several of this year’s IPOs. Cramer noted the possible reason for the stock’s decline, as he commented: Next, about a month ago, I gave my blessing to HawkEye 360, which is a space and […]
Scott Melker discusses crypto exchange Coinbase's (COIN) push to becoming the new "everything app" as it offers banking services, AI advisers, stock options, and perpetual futures offerings on pre-IPO companies. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.
AllianceBernstein Global head of ETF strategy and partnerships, Julie Gunts, joins Yahoo Finance to explain how "MANGOS" stocks — Meta (META), Amazon (AMZN), Nvidia (NVDA), Alphabet (GOOG, GOOGL), OpenAI (OPAI.PVT), and SpaceX (SPCX) — are ushering in the latest trends in exchange-traded funds (ETFs).
SoFi Technologies (NasdaqGS:SOFI) was one of five brokerages giving retail investors access to the SpaceX IPO. This access opened participation in a high-profile listing that is typically limited to institutional investors. The move highlights a broader push to make IPO allocations available to everyday investors on SoFi’s platform. SoFi Technologies positions itself as a full-service financial platform, offering banking, lending, and investing services in a single app. By opening a path...
SpaceX is an AI company, and when AI companies do well, so does ASML.
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