SpaceX’s AI plan may launch a new model on the Cursor platform as early as Wednesday. According to Odaily, the rollout could take place as soon as Wednesday via the Cursor platform.
U.S. stock indices ended lower on Tuesday as investors sold off high-growth tech and chipmaker stocks as Treasury yields spiked owing to a jump in oil prices after Iran attacked a Qatari shipment in the Strait of Hormuz.The S&P 500 ended 0.5% lower, while the Nasdaq 100 lost 1.8% and the Dow Jones…
Wall Street embraced SpaceX with a wave of bullish calls on Tuesday following its blockbuster IPO. But one firm broke from the consensus. MoffettNathanson stood alone as the only sell-side research firm to forecast that Elon Musk's rocket company will lose value over the next 12 months.The SPCX sto…
Issued on behalf of Rhino Bitcoin Inc.Rhino Bitcoin Inc. (OTC:RHNO) reported that new KYC-verified users more than tripled since the start of the second quarter, a surge the company says is driving higher transaction volume as it rolls out promotions, a creator program, and a national brand campaig…
RBC said it believes much of the franchise value rests with the AI segment and its estimates reflect confidence in SpaceX’s ability to execute to its orbital compute targets."We appreciate that the challenges facing SPCX are substantial, but believe investors will focus on the financial resources…
By Shashwat Chauhan and Avinash PThe Nasdaq was set to open lower on Tuesday amid declining chip stocks, with investors questioning the momentum of the AI-led rally despite Samsung's strong earnings, while a report on China's DeepSeek making its own AI chip also hit sentiment.Nvidia NASDAQ:NVDA fe…
SPAC & New Issue ETF Initiated at Buy by Deutsche Bank
(10:53 GMT) SPAC & New Issue ETF Price Target Announced at $217.00/Share by Clear Street
SpaceX (SPCX) drew fresh support from Wall Street as it prepares to join the Nasdaq-100 Index on Tuesday. Major brokerages, including Morgan Stanley and Goldman Sachs, initiated coverage with bullish ratings, highlighting the company’s strong long-term growth prospects across space transportation…
(10:48 GMT) SPAC & New Issue ETF Price Target Announced at $225.00/Share by RBC Capital
SPAC & New Issue ETF Initiated at Outperform by William Blair
By Emma TuckerThe biggest stories we're tracking this morning all have a common theme: war. Iran's Islamic Revolutionary Guard Corps fired missiles at two commercial ships near the Strait of Hormuz — an escalation that threatens to complicate negotiations to end the war. The Journal's Yaroslav Trof…
(10:30 GMT) SPAC & New Issue ETF Price Target Announced at $800.00/Share by Raymond James
SPAC & New Issue ETF Initiated at Buy by B of A Securities
SPAC & New Issue ETF Initiated at Neutral by MoffettNathanson
(10:18 GMT) SPAC & New Issue ETF Price Target Announced at $190.00/Share by Stifel
Futures tied to the tech-heavy Nasdaq dropped on Tuesday on declines in chip stocks over concerns about the sustainability of the AI-driven rally despite strong results from Samsung, while SpaceX shares dipped ahead of their Nasdaq-100 debut.Elon Musk's SpaceX NASDAQ:SPCX was set to begin trading a…
By Purvi Agarwal and Rashika SinghSpaceX's NASDAQ:SPCX addition to the Nasdaq 100 index on Tuesday is expected to unleash billions in passive buying, as brokerages kick off coverage of the $2 trillion-plus rocket and satellite company with broadly bullish views.Shares of the Elon Musk-led company w…
SpaceX entered its Nasdaq-100 debut week under pressure, with passive index demand set to kick in even as Jeremy Grantham questioned whether the company’s AI-driven valuation can withstand scrutiny.SPCX stock fell 1% on Monday, extending a pullback after losing another 1% over the past week. Shares…
By Noel Randewich and Ragini MathurThe S&P 500 and Nasdaq ended sharply higher on Monday, with Broadcom and other chip stocks rallying as investors bought shares in companies related to artificial intelligence that are expected to drive a strong second-quarter earnings season.Broadcom NASDAQ:AVGO j…
