There's a strong case to be made that no company has received as much hype entering the market as Space Exploration Technologies (NASDAQ: SPCX) SpaceX accomplished the largest initial public offering (IPO) in history and captivated a base of Elon Musk enthusiasts and loyalists. Because of the Musk connection , people have been using Tesla 's (NASDAQ: TSLA) performance as a benchmark for what could...
There's a strong case to be made that no company has received as much hype entering the market as Space Exploration Technologies (NASDAQ: SPCX) SpaceX accomplished the largest initial public offering (IPO) in history and captivated a base of Elon Musk enthusiasts and loyalists. Because of the Musk connection , people have been using Tesla 's (NASDAQ: TSLA) performance as a benchmark for what could be possible for SpaceX. Tesla's stock has struggled this year (down 12% as of the time of writing), but it has produced generational gains since its June 2010 IPO. A $1,000 investment in Tesla 10 years ago would be worth around $27,400 today -- impressive to say the least. Can SpaceX duplicate those results over the next decade? Let's take a look. Continue reading
(RTTNews) - Rubrik Inc. (RBRK), an American security and AI company, said on Thursday that it plans to invest over £375 million in the UK over the next five years. The investment will support the company's continued expansion across EMEA, including further hiring across sales, ma
(RTTNews) - Rubrik Inc. (RBRK), an American security and AI company, said on Thursday that it plans to invest over £375 million in the UK over the next five years. The investment will support the company's continued expansion across EMEA, including further hiring across sales, ma
Gloo Holdings ( GLOO ) has priced its previously announced underwritten public offering of 7M shares of its Class A common stock at a public offering price of $3.25 per share. Total gross proceeds from the capital raise are expected to be approximately $22.75M before fees and expenses. Folowing the announcement, Gloo Holdings ( GLOO ) shares were down 9.8% after-hours on Wednesday. Gloo has also g...
Gloo Holdings ( GLOO ) has priced its previously announced underwritten public offering of 7M shares of its Class A common stock at a public offering price of $3.25 per share. Total gross proceeds from the capital raise are expected to be approximately $22.75M before fees and expenses. Folowing the announcement, Gloo Holdings ( GLOO ) shares were down 9.8% after-hours on Wednesday. Gloo has also granted underwriters a 30-day option to purchase up to an additional 1.05M shares, which would increase total gross proceeds to approximately $26.16M if exercised in full. In addition, Scott Beck, Pat Gelsinger, and other members of Gloo’s board have pledged to buy at least $6.0M in Class A common stock at the public offering price during this offering. Gloo intends to use the net proceeds for general corporate purposes, including working capital, operating expenses, capital expenditures, and strategic acquisitions or technology investments. The offering is scheduled to close on Friday, July 10, 2026, subject to customary conditions. More on Gloo Holdings, Inc. Gloo Holdings, Inc. (GLOO) Q1 2027 Earnings Call Transcript Gloo Holdings, Inc. (GLOO) Q3 2025 Earnings Call Transcript Gloo Holdings, Inc. (GLOO) Q4 2025 Earnings Call Transcript Gloo launches public offering of 7M Class A common shares Gloo takes full ownership of Midwestern Interactive in Q2 deal
Germany's trade surplus widened to €19.1B from a revised €14.7B in April, well above the €14.8B consensus and the largest surplus since February. Exports rose 0.9% M/M to €137.9B, a more than 3½-year high, versus expectations for a 0.3% decline. Export growth accelerated from April's revised 0.8% increase, indicating resilient external demand. Imports fell 2.5% M/M to €118.8B, a three-month low, v...
Germany's trade surplus widened to €19.1B from a revised €14.7B in April, well above the €14.8B consensus and the largest surplus since February. Exports rose 0.9% M/M to €137.9B, a more than 3½-year high, versus expectations for a 0.3% decline. Export growth accelerated from April's revised 0.8% increase, indicating resilient external demand. Imports fell 2.5% M/M to €118.8B, a three-month low, versus expectations for a 0.1% increase. Year-to-date (January-May), Germany recorded an €88.4B trade surplus. More on Germany EWG: A Cautiously Optimistic Stance On German Equities Seems Sensible EUFN: European Financials Remain Attractively Valued Ahead Of Potential Rate Hikes Europe markets slide on renewed Middle East tensions European markets mixed as investors reassess AI valuations Seeking Alpha’s Quant Rating on iShares MSCI Germany ETF
Rivian's $1.2 billion offering of 75 million shares sparked a share price drop, but the capital could aid manufacturing scale-up and its R2 launch despite dilution concerns.
Rivian's $1.2 billion offering of 75 million shares sparked a share price drop, but the capital could aid manufacturing scale-up and its R2 launch despite dilution concerns.
ASE Technology ( ASX ) reported June revenue of NT$65.78B, up 4.4% from May and 32.9% year over year. Q2 revenue rose 10% sequentially and 26.7% year over year to NT$191.06B. Revenue from the company's ATM assembly, testing, and materials business totaled NT$43.48B in June, up 41.8% year over year. The segment generated Q2 revenue of NT$126.1B, an increase of 36.3% from a year earlier. More on ASE...
ASE Technology ( ASX ) reported June revenue of NT$65.78B, up 4.4% from May and 32.9% year over year. Q2 revenue rose 10% sequentially and 26.7% year over year to NT$191.06B. Revenue from the company's ATM assembly, testing, and materials business totaled NT$43.48B in June, up 41.8% year over year. The segment generated Q2 revenue of NT$126.1B, an increase of 36.3% from a year earlier. More on ASE Technology ASE Technology: When The Future Is Already Fully Priced In ASE Technology: Capitalizing On Growth Trends In Semiconductors ASE Technology: No Longer Just An OSAT, The LEAP Ramp Changes Everything Looking for under-the-radar value in the AI supply chain Foreign IT's strongest Quant picks are almost all semiconductors
(RTTNews) - Fast Retailing Co., Ltd. (9983.T, FRCOY), a Japanese retail holding company, on Thursday reported higher net income in the 9-month period ended May 2026 compared with the previous year.
(RTTNews) - Fast Retailing Co., Ltd. (9983.T, FRCOY), a Japanese retail holding company, on Thursday reported higher net income in the 9-month period ended May 2026 compared with the previous year.
One of the hardest financial decisions you might have to make in the course of retirement planning isn't deciding when to resign from your job or start tapping your savings. Rather, it's when to claim Social Security benefits. You're allowed to start taking benefits at any point once you turn 62. If you want your monthly checks without a reduction, though, then you'll need to wait until you reach ...
One of the hardest financial decisions you might have to make in the course of retirement planning isn't deciding when to resign from your job or start tapping your savings. Rather, it's when to claim Social Security benefits. You're allowed to start taking benefits at any point once you turn 62. If you want your monthly checks without a reduction, though, then you'll need to wait until you reach full retirement age , which is 67 if you were born in 1960 or after. Image source: Getty Images. Continue reading
Walter Cicchetti/iStock Editorial via Getty Images A Full Boom-Bust Cycle in Three Weeks In its first three sessions, SPCX surged 67%, touching $225.64 intraday, with no earnings, no ratings, and no change in fundamentals along the way. However, the stock then quickly fell back to around $150, completing a 67% surge and a roughly 34% give-back in under a month. For now, only the minority of retail...
Walter Cicchetti/iStock Editorial via Getty Images A Full Boom-Bust Cycle in Three Weeks In its first three sessions, SPCX surged 67%, touching $225.64 intraday, with no earnings, no ratings, and no change in fundamentals along the way. However, the stock then quickly fell back to around $150, completing a 67% surge and a roughly 34% give-back in under a month. For now, only the minority of retail investors who received $135 IPO allocations through Robinhood, Fidelity, or SoFi still hold about a 10% gain. Ordinary investors who rushed in on day one are flat at best, and anyone who chased the peak is down over 30%. On July 7, SpaceX ( SPCX ) officially joined the Nasdaq-100. The same day, the 25-day quiet period expired, and 19 analysts published near-unanimous buy ratings, with a median target of $250 and a high of $800 from Raymond James. Index inclusion plus a wall-to-wall chorus of buys, and the stock fell nearly 6%. A 90-Day Index-Inclusion Guardrail, Cut to 15 Under the old rule, a new listing had to go through a 90-day seasoning period , letting buyers and sellers fight it out and the price stabilize, before it qualified for index inclusion. On the eve of SpaceX's IPO, Nasdaq changed the rule in May 2026: new listings ranking among the top 40 by market cap can enter the Nasdaq-100 after just 15 trading days. SpaceX became the first beneficiary. This means money tracking QQQ and other Nasdaq-100 ETFs, including the index funds inside millions of American 401(k)s, was forced to buy a company that lost $4.9 billion in 2025, trades above 115 times trailing sales, and has been public for under a month, without holders' knowledge or consent. JPMorgan estimates the inclusion triggers about $4.3 billion in passive buying. That sounds bullish, but there are two problems. 1 - The buying is too small. With only 4% to 5% of SpaceX's shares publicly floated and index weights based on float rather than total market cap, SPCX is capped near 1.3%, around 21st in the index. A ...
Maksim Labkouski/iStock via Getty Images The pace of global economic growth edged higher in June, according to worldwide PMI survey data from S&P Global. Although still running below the pace seen earlier in the year, output rose globally at the fastest rate since the outbreak of war in the Middle East. However, the structure of growth showed signs of changing amid the improved newsflow out of the...
Maksim Labkouski/iStock via Getty Images The pace of global economic growth edged higher in June, according to worldwide PMI survey data from S&P Global. Although still running below the pace seen earlier in the year, output rose globally at the fastest rate since the outbreak of war in the Middle East. However, the structure of growth showed signs of changing amid the improved newsflow out of the Middle East: the recent strong manufacturing expansion slowing amid reduced precautionary stock building, while services growth revived – notably for consumer-facing industries – amid the recent drop in energy prices. Global PMI edges higher in June Survey data indicated that global economic growth picked up in June amid improved news out of the Middle East. The J.P. Morgan Global Composite PMI Output Index ticked higher for a third successive month, up from 51.9 in May to 52.0 in June, to reach its highest since February – just prior to the outbreak of the conflict. The data therefore add to signs that business activity growth bottomed out back in March and has since shown encouraging resilience. The PMI readings are broadly indicative of global GDP growth running at an annualised 2.5% rate over the second quarter, down from around 3% at the start of the year but only modestly below the long run average of 2.9% seen since 1998. June’s improved data were collected over a period in which oil prices fell sharply and tensions eased in the Middle East following a ceasefire and subsequent signing of an MOU between the US and Iran. Trade flows also picked up through the Strait of Hormuz, albeit continuing to run well below volumes seen prior to the conflict. Sector rotation Although the overall change in the headline global PMI output index was only marginal in June, shifting sectoral contributions to growth were more notable. At the broadest level, manufacturing – which has notched up its best performance for five years over the second quarter as a whole – lost some growth mome...