A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of shares for retail investors and will host 1,500 of them at an ev...
A SpaceX Falcon 9 rocket is displayed outside a Space Exploration Technologies Corp. facility in Hawthorne, California, on March 26, 2026. Patrick T. Fallon | Afp | Getty Images SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of shares for retail investors and will host 1,500 of them at an event in June following the IPO roadshow launch, according to two people familiar with the matter. "Retail is going to be a critical part of this and a bigger part than any IPO in history," Chief Financial Officer Bret Johnsen said during the virtual meeting, the two people said, asking not to be identified because the discussion was private. Johnsen said the large retail component is by design as "those are folks that have been incredibly supportive of us and of Elon (Musk) for a long time, and we want to make sure that we recognize that." Reuters reported last month that SpaceX is rewriting the IPO playbook with a large retail portion in the offering. The meeting brought together the full syndicate for the first time as part of the process for what is expected to be the biggest initial public offering ever as the rocket maker seeks to raise $75 billion, valuing SpaceX at as much as $1.75 trillion, Reuters has previously reported . The Elon Musk-led company plans to launch its roadshow the week of June 8, when executives and bankers will pitch the IPO to investors, the people said. About 125 financial analysts from the 21 banks on the deal are scheduled to meet with the company the day before, they added. On June 11, SpaceX plans to host 1,500 retail investors at what the people described as a major investor event. In addition to the U.S., everyday retail investors in the UK, EU, Australia, Canada, Japan and Korea would have the opportunity to participate in the offering, the people added. One of SpaceX's lead underwriters told the group of 21 investment banks the retail dem...
In late March and early April 2026, reports emerged that Intel is in advanced talks with Google and Amazon to provide advanced AI chip packaging using its EMIB and EMIB-T technologies, with production preparations underway at its Rio Rancho, New Mexico facility. This push into high-margin, AI-focused packaging services could be a turning point for Intel’s foundry ambitions by attracting hyperscale...
In late March and early April 2026, reports emerged that Intel is in advanced talks with Google and Amazon to provide advanced AI chip packaging using its EMIB and EMIB-T technologies, with production preparations underway at its Rio Rancho, New Mexico facility. This push into high-margin, AI-focused packaging services could be a turning point for Intel’s foundry ambitions by attracting hyperscale cloud customers seeking alternatives to existing manufacturing partners. We’ll now examine...
mbbirdy/E+ via Getty Images Some of the hedge fund industry’s most prolific stock-pickers incurred big losses in March, as market turbulence driven by the Iran war rattled equities and upended trading strategies. Tiger Global Management’s main hedge fund tumbled 7.3% last month, while Maverick Capital’s dropped 5% and Viking Global Investors’ lost 4.1%, Bloomberg reported, citing people with knowl...
mbbirdy/E+ via Getty Images Some of the hedge fund industry’s most prolific stock-pickers incurred big losses in March, as market turbulence driven by the Iran war rattled equities and upended trading strategies. Tiger Global Management’s main hedge fund tumbled 7.3% last month, while Maverick Capital’s dropped 5% and Viking Global Investors’ lost 4.1%, Bloomberg reported, citing people with knowledge of the matter. Coatue Management declined 4.8% in March, according to an earlier report. Last month Goldman Sachs ( GS ) reported a sharp acceleration in hedge fund selling activity, underscoring mounting pressure across U.S. equities as institutional sentiment continues to deteriorate. According to the investment bank’s latest flow data covering March 20 through March 26, hedge funds were net sellers of U.S. stocks for a sixth consecutive week, with the pace of selling reaching its fastest level since April 2025. S&P 500 ETFs: ( SPY ), ( VOO ), ( IVV ), ( RSP ), ( SSO ), ( UPRO ), ( SH ), ( SDS ), ( SPXU ), ( FXAIX ), ( VFIAX ), ( VFFSX ), and ( SWPPX ). More on markets, etc. Volatility Falls On Ceasefire Hopes, Yet Caution Remains Stagflation First, Disinflation Later $100 Oil Won't Sink The U.S. Economy Higher for longer: Wells Fargo expects the Fed to hold rates at 3.50%–3.75% through 2026 Most and least shorted stocks over $2B market cap
Viktor Gyokeres' impact at Sporting will never be forgotten, but he returns on Tuesday hoping to help fire Arsenal into the Champions League semi-finals.
Viktor Gyokeres' impact at Sporting will never be forgotten, but he returns on Tuesday hoping to help fire Arsenal into the Champions League semi-finals.
Mesut Dogan/iStock Editorial via Getty Images In 2025, Oracle ( ORCL ) was one of the hottest stocks in the stock market. At its peak in September of last year, Oracle briefly surged above $300 per share and flirted with becoming the next trillion-dollar valuation tech company. In 2026, that narrative has turned upside down. Investors are scrutinizing the quality of the company's RPO, given the la...
Mesut Dogan/iStock Editorial via Getty Images In 2025, Oracle ( ORCL ) was one of the hottest stocks in the stock market. At its peak in September of last year, Oracle briefly surged above $300 per share and flirted with becoming the next trillion-dollar valuation tech company. In 2026, that narrative has turned upside down. Investors are scrutinizing the quality of the company's RPO, given the large exposure to OpenAI. Oracle has been one of the biggest losers in the S&P 500 this year, shedding more than 25% of its value and wiping out hundreds of billions in market cap, virtually erasing all of last year's gains. Is this a temporary correction, or is Oracle's wipeout deserved? Data by YCharts I last wrote a "Buy" article on Oracle in January , when the stock was still trading at $190 per share. I'm incredibly optimistic about Oracle's prospects, especially given the company's recent trend of revenue acceleration. Furthermore, I'm reiterating my "Buy" rating here. Oracle's Layoffs Reflect the Growing Commitment to Profitability and Fulfilling the Promise of AI Let's start with the top headline that has made me more optimistic about Oracle. The company isn't just an AI growth story but a stock that is generating true earnings with meaningful catalysts for further earnings expansion. Beyond the infrastructure contracts that Oracle is signing with the likes of OpenAI and Meta, a meaningful path to earnings growth is the company's deep layoffs. Oracle is, arguably, the tech company with the most meaningful AI-driven layoff plan to date. In late March, the company noted that it would be laying off up to 30k employees and spending $2.1 billion on restructuring and severance in FY26. To put this layoff into perspective, this covers about 18% of the company's workforce of ~162k employees. There are a number of reasons why I read this news to be positive. First and foremost, Oracle's layoffs signal that it is fulfilling the promise of AI. I find it very suspicious when ente...
Mesut Dogan/iStock Editorial via Getty Images In 2025, Oracle ( ORCL ) was one of the hottest stocks in the stock market. At its peak in September of last year, Oracle briefly surged above $300 per share and flirted with becoming the next trillion-dollar valuation tech company. In 2026, that narrative has turned upside down. Investors are scrutinizing the quality of the company's RPO, given the la...
Mesut Dogan/iStock Editorial via Getty Images In 2025, Oracle ( ORCL ) was one of the hottest stocks in the stock market. At its peak in September of last year, Oracle briefly surged above $300 per share and flirted with becoming the next trillion-dollar valuation tech company. In 2026, that narrative has turned upside down. Investors are scrutinizing the quality of the company's RPO, given the large exposure to OpenAI. Oracle has been one of the biggest losers in the S&P 500 this year, shedding more than 25% of its value and wiping out hundreds of billions in market cap, virtually erasing all of last year's gains. Is this a temporary correction, or is Oracle's wipeout deserved? Data by YCharts I last wrote a "Buy" article on Oracle in January , when the stock was still trading at $190 per share. I'm incredibly optimistic about Oracle's prospects, especially given the company's recent trend of revenue acceleration. Furthermore, I'm reiterating my "Buy" rating here. Oracle's Layoffs Reflect the Growing Commitment to Profitability and Fulfilling the Promise of AI Let's start with the top headline that has made me more optimistic about Oracle. The company isn't just an AI growth story but a stock that is generating true earnings with meaningful catalysts for further earnings expansion. Beyond the infrastructure contracts that Oracle is signing with the likes of OpenAI and Meta, a meaningful path to earnings growth is the company's deep layoffs. Oracle is, arguably, the tech company with the most meaningful AI-driven layoff plan to date. In late March, the company noted that it would be laying off up to 30k employees and spending $2.1 billion on restructuring and severance in FY26. To put this layoff into perspective, this covers about 18% of the company's workforce of ~162k employees. There are a number of reasons why I read this news to be positive. First and foremost, Oracle's layoffs signal that it is fulfilling the promise of AI. I find it very suspicious when ente...