One of the biggest days in stock market history is tomorrow. At some point during trading hours on Friday, June 12, SpaceX will begin trading after going public through an initial public offering ( IPO ). The price is close to final at $135 a share, with a $1.77 trillion market cap and $75 billion in capital raised, barring any last-minute adjustments. Still confused? Here's exactly what investors...
One of the biggest days in stock market history is tomorrow. At some point during trading hours on Friday, June 12, SpaceX will begin trading after going public through an initial public offering ( IPO ). The price is close to final at $135 a share, with a $1.77 trillion market cap and $75 billion in capital raised, barring any last-minute adjustments. Still confused? Here's exactly what investors need to know about tomorrow's SpaceX IPO. Reports say SpaceX will raise approximately $75 billion in its IPO, at a market cap of $1.77 trillion. Both are the largest levels in history. It is also close to 4 times oversubscribed, with $250 billion in investment capital looking to buy at this IPO price. Continue reading
(RTTNews) - The Canadian market remains firmly up in positive territory Thursday afternoon, with most of the gains coming over the past half an hour thanks to hectic buying in the consumer discretionary sector, particularly at the Dollarama counter.
(RTTNews) - The Canadian market remains firmly up in positive territory Thursday afternoon, with most of the gains coming over the past half an hour thanks to hectic buying in the consumer discretionary sector, particularly at the Dollarama counter.
Backed by KKR, Kuwait's sovereign fund, NVIDIA and Vistra, a new private-capital platform aims to be a one-stop builder for hyperscaler AI infrastructure, signaling that dedicated third-party delivery vehicles are…
Backed by KKR, Kuwait's sovereign fund, NVIDIA and Vistra, a new private-capital platform aims to be a one-stop builder for hyperscaler AI infrastructure, signaling that dedicated third-party delivery vehicles are…
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is at a crossroads, pouring capital into artificial intelligence infrastructure while investors wait for signs that the spending will pay off, according to Bank of America analysts. The report comes after Meta's third-quarter 2025 earnings...
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is at a crossroads, pouring capital into artificial intelligence infrastructure while investors wait for signs that the spending will pay off, according to Bank of America analysts. The report comes after Meta's third-quarter 2025 earnings...
$10,000 dropped into T-REX 2X LONG MSTR DAILY TARGET ETF (NASDAQ:MSTU) on November 1, 2024 is worth about $561 today, and that figure already accounts for the 1-for-10 reverse split that took effect on December 3, 2025. The fund went out at a split-adjusted $67.40 in early November 2024, and it trades at $3 today. ... Riches to Rags: Buying This Crypto ETF Lost Investors 98% of Their Money
$10,000 dropped into T-REX 2X LONG MSTR DAILY TARGET ETF (NASDAQ:MSTU) on November 1, 2024 is worth about $561 today, and that figure already accounts for the 1-for-10 reverse split that took effect on December 3, 2025. The fund went out at a split-adjusted $67.40 in early November 2024, and it trades at $3 today. ... Riches to Rags: Buying This Crypto ETF Lost Investors 98% of Their Money
Marc Bruxelle/iStock via Getty Images Canadian midstream is a classic dividend investor playground. Long-term contracts, tolls instead of commodity exposure, irreplaceable assets, and dividend growth backed by real cash flow. Three names dominate the space: Enbridge ( ENB ), TC Energy ( TRP ), and Pembina Pipeline ( PBA ). Same sector, same business model on paper, three different dividend profile...
Marc Bruxelle/iStock via Getty Images Canadian midstream is a classic dividend investor playground. Long-term contracts, tolls instead of commodity exposure, irreplaceable assets, and dividend growth backed by real cash flow. Three names dominate the space: Enbridge ( ENB ), TC Energy ( TRP ), and Pembina Pipeline ( PBA ). Same sector, same business model on paper, three different dividend profiles. Here is how I rank them, and why. *Disclosure: I do not own ENB, TRP, or PPL. This is education, not advice. Do your own due diligence. How I compare midstream stocks Before I rank anything, I run every candidate through the same checklist: The Dividend Triangle : revenue growth, EPS growth, and dividend growth over five years. For midstream, EPS is the weakest signal because the business runs on long-lived assets with heavy depreciation. I weigh cash flow and dividend history more. Dividend safety: payout ratio, cash payout ratio, and dividend history. Important trap: midstream GAAP payout ratios often look stretched. Management reports against distributable cash flow (DCF) instead. Always check that number. Balance sheet: debt to EBITDA, credit score. Midstream companies finance their growth with debt. A 4 to 5 times leverage range is normal. Above 6 is the watch item. Yield vs. history: if the forward yield sits above the 5-year average, the stock may be trading at a better entry point than usual. All three pipelines have run up, so this metric matters. No spreadsheet tricks. Just discipline. The scorecard One note before the numbers. For midstream, two rows carry more weight than the rest. Debt-to-EBITDA shows how much leverage each name carries, and because pipelines fund their growth with debt, it is the metric that determines who holds up in a downturn. The GAAP payout ratio is the trap: on a midstream company, it always looks stretched because heavy depreciation distorts the earnings it is measured against. Read it next to distributable cash flow, not on its own....
Richard Drury Jeremiah Buckley, portfolio manager at Janus Henderson, sees significant opportunities for investors to diversify beyond mega-cap stocks ( MAGS ), ( MAGX ), pointing to attractive valuations in sectors like financial services ( XLF ) and healthcare ( XLV ) that have lagged the AI-driven rally. In an interview with CNBC, he noted that many stocks in sectors such as airlines ( JETS ), ...
Richard Drury Jeremiah Buckley, portfolio manager at Janus Henderson, sees significant opportunities for investors to diversify beyond mega-cap stocks ( MAGS ), ( MAGX ), pointing to attractive valuations in sectors like financial services ( XLF ) and healthcare ( XLV ) that have lagged the AI-driven rally. In an interview with CNBC, he noted that many stocks in sectors such as airlines ( JETS ), homebuilders ( XHB ), and retail ( XRT ), ( RTH ) have been “left behind” during the surge in semiconductor (XMH), ( SOXX ) ( XSD ) and AI infrastructure ( AIPO ), ( IAINF ) names, and are now "trading below historical multiples." Buckley highlighted the earnings potential outside the largest technology companies, emphasizing that his portfolio offers broad-based growth. "The median name in our portfolio has 14% earnings growth this year, and so it's much broader than the major mega caps or also the semiconductor names that are driving their earnings growth at the index," he said. Within the financial sector ( XLF ), ( VFH ), ( IYF ) , Buckley expressed particular interest in capital markets companies like Goldman Sachs ( GS ) and Morgan Stanley ( MS ). He suggested the upcoming SpaceX IPO could serve as a catalyst for the market, calling it "an important milestone for the IPO market." On inflation concerns, Buckley acknowledged that investors need to watch the relationship between CPI and wage growth carefully. "We'd like to see wage growth, real wage growth, whereas at that CPI level, we're not seeing it," he explained, while noting that opportunities remain in sectors that can deliver strong earnings despite the economic backdrop. Regarding rising interest rates, Buckley said current levels are not yet impactful enough to drive significant changes in corporate investment. However, he warned that if the 10-year Treasury yield ( US10Y ) approaches 5%, "that might start to disturb people." He added that stabilization and eventual reversal on the inflation side will be neces...
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets. The global asset manager, which has $2.27 trillion in assets under management, said in its 2026 outlook that the "credit loss cycle is upon us." "After years of effortless returns, the default cycle is reasserting itself, and we expect significantly higher losses...
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets. The global asset manager, which has $2.27 trillion in assets under management, said in its 2026 outlook that the "credit loss cycle is upon us." "After years of effortless returns, the default cycle is reasserting itself, and we expect significantly higher losses in lower-quality credit such as leveraged and private direct lending," said the report, authored by global economic advisor Richard Clarida, chief investment officer of global fixed income Andrew Balls and chief investment officer Dan Ivascyn. "We view this as the beginning of a secular trend where quality and credit selection will matter more than ever," Pimco said. The greater dispersion in returns across asset classes and in the global economy will be driven by geopolitics, domestic politics and industrial policy — namely the massive artificial intelligence buildout, rising defense spending and energy investments, they said. Less reward Still, credit spreads remain tight across the bond market, including in high-yield and private credit. When credit spreads are tight, investors get less reward for taking on more credit risk. Pimco doesn't view that as a sign of strength, but rather complacency. "The cost of complacency has surged," the report said. "Investors can no longer rely on outdated assumptions about globalization, policy backstops and suppressed volatility." The firm believes investors can build resilient portfolios without reaching for risk. Opportunities "remain abundant" thanks to the generational reset in bond yields that began a few years ago, the team said. "High quality fixed income may once again offer income levels competitive with long-run equity returns, with materially lower volatility and strong potential across a variety of scenarios, particularly in a downturn," wrote Clarida, Balls and Ivascyn. In addition, bonds can be a ballast during "risk-off...
NVIDIA’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artifi...
NVIDIA’s top executive for Latin America denied on Wednesday that the region has served as a corridor for restricted chips into China, weeks after Anthropic, the American maker of the Claude AI models, alleged that Chinese labs had relied partly on smuggled processors to drive recent advances. Speaking at Web Summit Rio at a moment of intensifying rivalry between Washington and Beijing over artificial intelligence, Marcio Aguiar acknowledged that the pressure on export controls is real enough to...
Black Hills says it is moving ahead on Project Jade without Crusoe and working directly with the prospective customer, with service tracking for early 2028.
Black Hills says it is moving ahead on Project Jade without Crusoe and working directly with the prospective customer, with service tracking for early 2028.
Neura Robotics, backed by Qualcomm, Nvidia and Amazon, has secured funding of up to US$1.4b to scale AI-powered humanoid and cognitive robots across multiple industries. Qualcomm’s automotive partner QCraft is preparing global mass-market deployment of autonomous driving solutions built on Qualcomm’s SA8650P platform. These developments highlight Qualcomm’s push beyond smartphones into robotics an...
Neura Robotics, backed by Qualcomm, Nvidia and Amazon, has secured funding of up to US$1.4b to scale AI-powered humanoid and cognitive robots across multiple industries. Qualcomm’s automotive partner QCraft is preparing global mass-market deployment of autonomous driving solutions built on Qualcomm’s SA8650P platform. These developments highlight Qualcomm’s push beyond smartphones into robotics and intelligent vehicles through its wider AI and hardware ecosystem. For investors tracking...