News

Tracey looks at the big IPOs from Facebook, Tesla, and Alibaba. How'd investors do?

Nvidia has hired ​veteran lobbyist Bruce Andrews to head government ‌affairs in ⁠Washington, D.C., two sources ⁠briefed on the matter ​said ​on ​Thursday. Andrews served ‌as chipmaking rival Intel's government affairs chief under former CEO ‌Pat Gelsinger. During ​the ​Obama administration, ‌Andrews was a ​Commerce ​Department official.

AI jitters and mega IPOs are among the factors prompting violent index moves in recent days. The Nasdaq composite has swung an average of 2.1% over the past five sessions, according to Dow Jones Market Data, compared with its five-year average absolute move of 1%.

Starbucks is on a roll right now. U.S. comparable-store sales jumped 7% last quarter, transactions are increasing across all income groups, and operating income is inflecting for the first time in two years. But behind the momentum, Chairman and CEO Brian Niccol is quietly making moves that ...

By Manya Saini and Niket Nishant June 11 (Reuters) - Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in

The Department of Justice reportedly sent subpoenas to some of the biggest American banks. Among those who received the subpoenas were JPMorgan Chase, Bank of America, and Wells Fargo, The Wall Street Journal reported, citing anonymous sources. Jeanine Pirro of the United ...

Throughout the years, the SpaceX CEO and co-founder has shown a preference for secretive suburban compounds—most recently in Texas.

There is rarely a dull day for investors in Elon Musk's companies. Now that the SpaceX IPO is done (secondary market trading will start Friday), thoughts can turn back to the long-term plans Musk might have for his business empire. A merger with Tesla is on the table.

CORRECTIONS The first name of Lynn Bromley, a former Maine state senator, was misspelled as Lynne in some editions Thursday in a U.S. News article about women voters. Oracle’s fourth-quarter cloud-infrastructure revenue rose 93% from a year earlier.

Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at $1.77 trillion. ​It's definitely ​going to be a long-term story, and I think it will ​take time for the stock to find its footing ‌in the public markets.

Virgin Galactic stock is a wave of SpaceX IPO momentum sweeps through the sector. But is it already too late to invest in SPCE shares now?

Today, June 11, 2026, markets recovered on revived peace talk hopes, and chips helped power the S&P 500 and Nasdaq.

Dow Jones futures: The S&P 500 and Nasdaq jumped as Trump canceled Iran strikes, but still below key levels. The SpaceX IPO priced at 135 a share. CrowdStrike flashed a new buy signal.

By Jamie McGeever ORLANDO, Florida, June 11 (Reuters) - Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S.

Find insight on Cash App, Oracle, Navan and more in the latest Market Talks covering Technology, Media and Telecom.

Despite operational hurdles, Transat AT Inc (TRZBF) reports increased traffic and cash reserves, while gearing up for a new loyalty program launch.

Elon Musk's rocket company is hours away from going public, and Wall Street is already placing its bets. SpaceX lists on the Nasdaq on June 12 under the ticker SPCX at $135 per share, in what would be the largest IPO in stock market history. The company is targeting a $1.75 trillion valuation ...

CrowdStrike (CRWD): Great Company, Brutal Price By IPO Edge Editorial Staff A cybersecurity outage took down half the internet in July 2024. The company behind it was CrowdStrike (CRWD). Two years […]

Moby summary of Vera Bradley, Inc.'s Q1 2027 earnings call

The company now expects full-year revenue of between $26.5 billion and $26.6 billion, and said its finance chief was stepping down.

Even though gas prices have fallen, they remain over $4 per gallon, which continues to pressure household budgets and spending patterns.. That has prompted retailers to use fuel discounts as a way to attract shoppers and increase store traffic. That's something Kroger did earlier this week, with a ...

The Fed might nix its policy easing bias at next week's meeting.

Retail investors have purchased more than $70 billion in SpaceX pre-IPO, and we interview a journalist who had an inside look at TeraWulf’s Lake Mariner data center.

U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening. The Dow Jones Industrial Average leaped 1.9%, and the Nasdaq composite rallied 2.5%. The Nasdaq composite rose 640.16 points, or 2.5%, to 25,809.66.

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.

Other large asset managers have made similar requests, along with fervent interest from individual investors.

Ripple CEO Brad Garlinghouse appeared on the "Mornings with Maria" show on Fox News on June 11 and discussed the Digital Asset Market Clarity Act in detail. The legislation aims to establish a comprehensive regulatory framework for cryptocurrencies. It aims to resolve ...

US equity indexes were higher on Wednesday after core producer price inflation grew less than foreca

Would-be investors need to look past the hype and learn what they'll actually be buying.

Elon Musk is poised to become the world's first trillionaire. His company, SpaceX, is set to begin trading on the Nasdaq Friday. It sold around $75 billion of shares Thursday in an offering that valued Musk’s stake at around $690 billion.