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SpaceX (NASDAQ: SPCX ) jumped above a key resistance level after the company made some major launch milestones. It ended the week at $158.96, its highest level since July, and about 51.6% from its lowest level this year. Focus now shifts to the upcoming lock-up expirations and its second earnings as a publicly traded c
U.S. stocks climbed at midday Friday, with the Nasdaq 100 leading and reaching new record highs, after a much weaker-than-expected September jobs report pared bets on further Federal Reserve rate hikes. Chip stocks led the move as Nvidia Corp. (NASDAQ: NVDA ) hit a record high at $237.88 per share. Nonfarm payrolls ros
Buying On Hopium Please click here for an enlarged chart of Direxion Daily Semiconductor Bull 3X ETF (NYSE: SOXL ). Note the following: Semiconductors reflect the AI trade, and SOXL is the momo crowd’s favorite. The chart shows SOXL bounced above the top band of zone 3 (support) on Friday due to triple witching buying.
Nvidia reported Q2 earnings of $2.22 a share versus $2.09 expected, with revenue of $96.2 billion versus $92.18 billion expected. It sees Q3 revenue of $108 billion, plus or minus 2%, and guided FY28 revenue growth to about 70%.
SPCX is at its highs, trading up 2.3% from the session level referenced by the feed.
The S&P 500 and Russell 2000 set fresh highs as July CPI rose 0.1% and 3.4% annually, PPI was flat, and retail sales fell 0.6% versus a 0.1% consensus gain.
Gold ripped 4% higher to $4,233.89 an ounce on Wednesday, its biggest one-day advance since February, as a soft private payrolls report and easing energy costs knocked down the odds of another Federal Reserve rate hike. ADP said private employers added just 44,000 jobs in July, the weakest in six months and well below
U.S. stocks closed higher Tuesday: Dow Jones prelim. +1.70% and S&P 500 +1.73%, both at record highs; Nasdaq +2.59%. SK Hynix (SKHY.O) +8.0%, Micron Technology (MU.O) +7.6%, SanDisk (SNDK.O) +10.8%, NVIDIA (NVDA.O) just over +2%, SpaceX (SPCX.O) +9.4%. Nasdaq Golden Dragon China Index -0.35%; Alibaba (BABA.N) +1.0%.
Sen. Bernie Sanders (I-Vt.) on Tuesday challenged Elon Musk to support a 5% tax on billionaires’ wealth if the Tesla Inc. (NASDAQ: TSLA ) and Space Exploration Technologies Corp (NASDAQ: SPCX ) CEO truly believed “money won’t matter” in 2036. Sanders Says Musk Should Back Billionaire Wealth Tax In a post on X, Sanders
SPCX highs +2.2%
The stock market has come under pressure this month, with major indices such as the Nasdaq 100 and the S&P 500 falling more than 5% from their all-time highs. This volatility is likely to persist in the coming week as several of the market’s biggest companies report earnings. This article highlights some of the top S&P
SPCX pops to highs, paring losses to -1.2% around $129.50 on WSJ report
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled. Top 5 Upgrades: UBS upgraded FuelCell (FCEL) to Buy from Neutral with a price target of $27, up from $22, implying 42% upside from current levels. The
Economist Peter Schiff, co-founder of Echelon Wealth Partners, thinks that the decline of Elon Musk -led Space Exploration Technologies Corp. (NASDAQ: SPCX ) could signal the end of the artificial intelligence (AI) boom. Peter Schiff Chimes in on SpaceX Falling Close to IPO Price Schiff took to the social media platfor
For the past two years, investors have largely viewed bank stocks and financial ETFs through the lens of interest rates. But as second-quarter earnings begin, that narrative is changing. Strong trading revenue, a rebound in investment banking, record IPO activity and improving commercial lending are emerging as the sec
U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Thursday’s mixed close. The positive moves followed a long Independence Day weekend, which saw the Nasdaq Composite move down amid a decline in semiconductor stocks, even while the Dow Jones index surged to record h
Nasdaq Composite posts its sharpest weekly decline in months, weighed down by weakness in mega-cap technology stocks
SpaceX stock plunges 32% from peak as Polymarket bettors turn against it holding above $135 IPO price by the end of June
A federal judge ordered Elon Musk to testify under oath in litigation over his $1 million-a-day election giveaway
Space stocks decline in June as SpaceX IPO steals the spotlight, with many high-flyers giving back big chunks of their 2026 gains
Elon Musk's net worth reaches $1.1 trillion after SpaceX IPO, sparking debate on philanthropy and taxes
Investor Ross Gerber highlights SpaceX's share lock-up schedule, which could put Elon Musk's 46% stake in play
Elon Musk's net worth drops by $152.3 billion to $1.1 trillion due to a decline in SpaceX stock
Elon Musk predicts the world economy could grow up to 10 times its current size by 2036, barring a world war, but analyst Jim Chanos expresses doubt