SpaceX has filed its IPO prospectus, targeting a Nasdaq listing under the ticker symbol SPCX with a valuation floor of $1.8 trillion and a capital raise of $75 billion, which would make it the “largest” public offering in history.And while it’s a seismic moment for the space industry, for those…
The Super Micro Computer (NASDAQ: SMCI) stock price extended its rally on Friday as the artificial intelligence supercycle gained momentum. It jumped to $48, its highest point since November 25, up by 145% from its lowest point this year. This rally may continue soon as the Supermicro stock nears a…
Shares of Nextpower (NXT) surged to record highs on Friday after the clean energy company announced a deal to acquire battery energy storage firm Prevalon Energy for up to $365 million, a move that deepens its push into AI-driven energy infrastructure markets.Nextpower stock rose as much as 14% during trading…
Palantir Technologies (PLTR) shares surged on Friday, marking the company’s strongest single-day gain in more than a year as renewed optimism around artificial intelligence helped fuel a broad rally across software stocks.Palantir stock climbed more than 9% to around $156.54 during Friday trading, making the stock’s biggest daily advance since…
US stocks closed at record highs on Friday, capping a strong month for Wall Street as technology shares rallied on renewed optimism surrounding artificial intelligence and easing concerns over geopolitical tensions in the Middle East.The Nasdaq Composite rose 0.2% to close at 26,972.62, while the S&P 500 gained 0.22% to…
Issaquah-headquartered Costco Wholesale (COST) ended in the “red” on May 29 after the big-box retailer’s Q3 per-share profit came in shy of Street estimates.The multinational’s total revenue surpassed $70 billion in its fiscal third quarter – handily beating the consensus – but a more than 15% increase in EPS to…
Anthropic’s rise to become Silicon Valley’s most valuable artificial intelligence company marks a dramatic turning point in the AI race and signals a broader shift in how investors are beginning to evaluate the future of the industry.For nearly two years, OpenAI appeared firmly positioned as the dominant force in generative…
Stanley Druckenmiller just made a few portfolio moves that Wall Street is watching rather closely.The billionaire founder of Duquesne Family Office – widely regarded as the most influential active money manager since Warren Buffett’s retirement – has completely exited his position in Alphabet and piled into five AI hardware stocks…
US stocks climbed on Friday while crude oil prices fell sharply after President Donald Trump signaled that a decision on a potential agreement with Iran could be imminent.In a post on Truth Social, Trump said he was heading into the Situation Room to make a “final determination” regarding a framework…
SoFi Technology (NASDAQ: SOFI) stock price popped on Friday after forming the highly bullish double-bottom pattern at $15. It soared to a high of $18.50, its highest point since April 28, up by 22% from its lowest point this year, as investors welcomed the new stablecoin.SoFi Technology stock technicals point…