SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending
Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.
Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.
Bank employees work in front of multiple monitors at the Hana Bank dealing room in Seoul, South Korea, on May 12, 2026. Nurphoto | Nurphoto | Getty Images Wall Street tech moves and South Korea’s stock market are becoming increasingly intertwined as artificial intelligence spending binds together the fortunes of U.S. technology giants and Korean…
On April 2, 2024, General Electric (GE +1.42%) spun off its energy division as GE Vernova (GEV +0.85%). It started trading at $143 per share on that first day, but eventually dropped to its all-time low of $122.46 on April 5. If you had invested $5,000 in GE Vernova’s stock at that price, your investment…
Why is Atkore stock surging today?
The Zhongji Innolight logo is displayed on the screen of a tablet computer. Sopa Images | Lightrocket | Getty Images Shares of Zhongji Innolight fell 5% on Thursday after the Chinese optical transceiver maker made its trading debut on the Hong Kong Stock Exchange. The company raised HK$53.4 billion ($6.8 billion) after pricing its initial…
Businessman working in the office Pixelfit | E+ | Getty Images The surge in IPOs and valuations for private tech companies is creating a secondary boom in donations of shares to donor-advised funds, or DAFs, according to a new study. Three quarters of the gifts to DAFgiving360 over the past 12 months were non-cash assets,…
We all know Meta Platforms (META 2.79%) as the ubiquitous social networking ecosystem. Investors are also familiar with its booming digital advertising platform. But there’s something else that’s moving the needle these days. As of July 16, Meta shares are up 21% this month. This stellar performance is better than all the other Magnificent Seven…