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Jim Cramer Explains Why Velo3D (VELO) Is Only Worth a Quarter Position Right Now
Insider Monkey20d agoneutral
Jim Cramer Explains Why Velo3D (VELO) Is Only Worth a Quarter Position Right Now

During the lightning round of the September 1 episode of Mad Money, a caller highlighted Velo3D, Inc.’s (NASDAQ:VELO) 52% year-over-year revenue surge, raised guidance, and projected second-half positive EBITDA along with deep ties to SpaceX and defense primes and asked whether it was finally time to buy. Jim Cramer commented: Okay, they have not had […]

What Could SpaceX (SPCX) Flight 14 Mean For Its Reusable Rocket Push?
Simply Wall St.21d agoneutral
What Could SpaceX (SPCX) Flight 14 Mean For Its Reusable Rocket Push?

Space Exploration Technologies (NasdaqGS: SPCX) is targeting its first orbital Starship mission with Flight 14, marking a shift from suborbital tests to reusable orbital flights. The planned Flight 14 launch is intended to support large scale deployment of Starlink V3 satellites, with a higher satellite count per mission than earlier launch methods. This step is expected to play a key role in expanding SpaceX's global satellite internet capacity and reinforcing its broader space...

Anthropic Finalizing $15 Billion Pre-IPO Credit Facility
Bloomberg21d agoneutralVIDEO
Anthropic Finalizing $15 Billion Pre-IPO Credit Facility

Anthropic PBC is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter, clearing a hurdle before the artificial intelligence firm's public filing for its highly anticipated IPO. Morgan Stanley is leading the process, the people said. Goldman Sachs Group Inc. and JPMorgan Chase & Co. also have prominent roles on the facility, along with Citigroup Inc., they said. The four lenders are also leading the IPO, Bloomberg News has reported. The Claude chatbot maker is seeking to raise as much as SpaceX or more in the initial public offering, people familiar with the preparations have said. Companies typically finalize the revolver before they notify banks of their formal roles in a listing. For more, we speak with Bailey Lipschultz, Senior Equities Reporter for Bloomberg News.

You Can Take a Tesla Cybercab Later Today. The Stock Isn’t Feeling Any Excitement.
Barrons.com21d agoneutral
You Can Take a Tesla Cybercab Later Today. The Stock Isn’t Feeling Any Excitement.

The long-awaited public launch of the Cybercab has finally arrived but Tesla stock dropped after the company’s invite-only event on Thursday. Tesla teased a Cybercab event weeks ago, signaling the introduction of its purpose-built robo-taxis with no pedals or steering wheel. The launch took place and Tesla said Cybercab rides open to the public after the closing bell on Friday.