SpaceX shares begin trading today, June 12, a day after the company priced its initial public offering, in what is set to become one of the largest stock market debuts in history. The Elon Musk-led company is looking to raise $75 billion in the offering, valuing the business at $1.75 trillion — a figure that
US stocks opened higher on Friday as investors welcomed signs of a potential peace agreement between the United States and Iran. Meanwhile, attention turned to the highly anticipated market debut of Elon Musk’s SpaceX, which is expected to become the largest public listing in Wall Street history. The Dow Jones Industrial Average gained 257 points,
Nebius and CoreWeave stocks pulled back in the past few days as investors book profits and as their short interest jumps. CRWV stock retreated to $95, down by 32% from its highest point in May. Similarly, NBIS stock has dropped by nearly 20% from the year-to-date high. Nebius and CoreWeave growth is accelerating Neoclouds have
Figma stock price has come under intense pressure this year and is now hovering at its all-time low amid the rising concerns about its revenue growth in this artificial intelligence (AI) era. After peaking at $143 following its IPO last year, the stock has plunged to $19 today, with its market cap falling from $60
Adobe shares fell sharply on Friday despite the software company reporting better-than-expected fiscal second-quarter results and raising its full-year outlook, as investors focused on strategic changes that could weigh on near-term growth metrics. ADBE stock dropped more than 7% in Friday trading after Adobe announced plans to prioritize user growth and artificial intelligence adoption over
The regulatory framework for crypto assets in the United States is finally coming of age, with the GENIUS Act having established a regulatory framework for stablecoin operations. Meanwhile, the CLARITY Act, which aims to settle the debate over which digital assets fall under securities and which under commodities, is currently working its way through the
Nvidia is expanding its presence in healthcare artificial intelligence through a new partnership with medical technology startup Abridge, as competition intensifies among technology companies seeking to apply AI tools across the healthcare industry. According to a report by The Wall Street Journal, Nvidia and Abridge are developing an AI model specifically designed for clinical conversations
Oil prices have continued to rise on Thursday as geopolitical tensions simmered with the latest US strikes against Iran. Gold and silver extended their losses as higher energy prices and expectations of elevated interest rates for longer dampened sentiments in the precious metals market. Gold prices had rebounded slightly earlier in the day, but failed
Caterpillar stock price has pulled back in the past few days, moving from the year-to-date high of $947 on June 4 to the current $856. This retreat happened after it formed the risky double-top pattern on the daily chart. Valuation concerns remain amid the AI boom Caterpillar, a top industrial company known for making large
Hyperliquid (HYPE) is trading higher on Thursday, recovering above the $56 level after finding strong support around a key technical zone in the previous session. The rebound is being supported by improving derivatives positioning and a broadly constructive technical structure, suggesting potential for a short-term recovery. The technical indicators remain bearish but are no longer