
The company behind the Claude chatbot reportedly generated $11.5 billion in revenue in its most recent quarter.
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The company behind the Claude chatbot reportedly generated $11.5 billion in revenue in its most recent quarter.

At first glance, stock indexes look muted today. But under the surface, many of the names that have become synonymous with the AI trade are making big strides today, likely helped by a late-Friday Bloomberg report that Anthropic's second-quarter revenue rose 14-fold.

Harvard Management Co. has disclosed a $2.

Space Exploration Technologies Corp. (NASDAQ:SPCX) held its first earnings call as a public company earlier this month, and Elon Musk set an aggressive target: an annualized revenue run rate of $100 billion by December, more than tripling the company’s current run rate of just over $30 billion. According to a Financial Times report, Deutsche Bank […]
SpaceX (Nasdaq: SPCX) went public on June 12, 2026, at $135 per share in a record-setting IPO that raised $85.7 billion. Shares closed at $140 on August 14, placing the company's market value at approximately $1.85 trillion and sitting 3.7% above the offering price — meaning early institutional holders like Harvard are sitting on paper gains even before accounting for their original cost basis, which has not been disclosed.

There is a version of the AI trade that everyone can see. Nvidia sells chips. Hyperscalers buy chips. The money flows one direction. It's a clean story. The SEC filing Nvidia dropped on August 14 tells a different version of that story, one where the chip supplier is also one of the largest ...

A surprise authorization on a massive satellite program sent Intuitive Machines surging while every space peer sat completely still, raising a pointed question about what this company knows that the rest of the sector does not.

Spending at SpaceX is poised to increase significantly.
Tech stock coverage for the week of Aug. 17.
Tech stock coverage for the week of Aug. 17.

The holding in Space Exploration Technologies Corp. is the largest single stock position in Harvard's 13F filing, which shows $4.3 billion in U.S. equities
Investors are weighing heavy spending against enormous ambitions

Coming into Monday trading, Tesla stock had gained for two consecutive weeks, just like SpaceX stock.
SpaceX Stock Gets a Major $300 Boost From Morgan Stanley as AI Story Takes Center Stage

Stock Market Today: The Dow Jones index drops, but the Nasdaq rises as memory-chip stocks Micron and Sandisk rally sharply.
Phillip Securities reiterated a ‘Sell’ rating and price target of $75 for SpaceX, according to a report by investing.com.

SpaceX stock rose in premarket trading Monday ahead of another tranche of stock being unlocked to trade. Shares of Elon Musk’s rocket and artificial-intelligence company were up 0.8% at $141.14 in premarket trading. SpaceX sold about 556 million new shares to the public in early June, raising about $75 billion (excluding the broker’s overallotment option), which was a small fraction of the roughly 13.2 billion shares outstanding.

Elon Musk once called burning fossil fuels the single dumbest experiment humanity has ever run. A closer look at SpaceX's IPO filing reveals he is now betting billions to do exactly that, and a federal lawsuit in Memphis may decide whether the rest of the AI industry follows.

Editor’s Note: The story has been refreshed with the latest market price action and a revised headline. Elon Musk’s stake in Space Exploration Technologies Corp is valued at nearly $906.9 billion based on the company’s latest share price. Elon Musk...

When Elon Musk names the single constraint capping his AI ambitions on a live earnings call, every investor in the semiconductor supply chain should be listening closely to what he says next.

As the Q2 earnings season wraps, let’s dig into this quarter’s best and worst performers in the telecommunication services industry, including Array (NYSE:AD) and its peers.

The deal aims to boost SpaceX’s work on AI tools intended to streamline tasks, including software development.

The end of the earnings season is always a good time to take a step back and see who shined (and who didn’t). Let’s take a look at how telecommunication services stocks fared in Q2, starting with Lumen (NYSE:LUMN).

During the second quarter, Alphabet reported 300% growth in net income.
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