SpaceX is poised to make history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire. The company, known officially as Space Exploration Technologies Corp., and bankers from 23 firms were putting the finishing touches on the expected $75 billion initial public offering and p...
SpaceX is poised to make history with the biggest-ever IPO, launching it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire. The company, known officially as Space Exploration Technologies Corp., and bankers from 23 firms were putting the finishing touches on the expected $75 billion initial public offering and preparing for the stock to start trading on Friday with a market capitalization of about $1.8 trillion. Musk’s fan base in the retail trading community is a crucial component of the deal. They have placed more than $100 billion in orders for the stock, people familiar with the matter said on Thursday, far more than the 20% of shares that had been reserved for them. Not everyone is so excited. Veteran short-seller James Chanos on Wednesday called it “a hopes-and-dreams IPO” driven by enthusiasm for Musk and artificial intelligence rather than the fundamentals of a company that has yet to post a profit. Still, coupled with rule changes that could fast track the stock into benchmark gauges like the Nasdaq-100 Index, demand from passive funds and retail investors unable to buy at the IPO price should set the stage for a solid cohort of buyers for shares of the rocket, satellite and AI company once they start trading. “It’s probably the most hopeful IPO,” said Kim Forrest , chief investment officer at Bokeh Capital Partners, adding that she doesn’t buy IPOs. Buyers of SpaceX “want to be part of the future,” she said. “And I think that’s oddly hopeful in this time when we’re moving between the poles of greed and fear.” SpaceX is the first of three major IPOs expected to capitalize on stock investors’ appetite for the leading AI companies, a seemingly insatiable demand that has propelled benchmark US indexes to records this year despite the acceleration in inflation and economic disruption caused by the war in Iran. Anthropic PBC and OpenAI , two of the company’s AI competitors, ar...
The merger of Paramount Skydance and Warner Bros. Discovery has been met with resistance from many in Hollywood — but the real threat will come from additional costs Paramount could incur if regulators slow down the deal.
The merger of Paramount Skydance and Warner Bros. Discovery has been met with resistance from many in Hollywood — but the real threat will come from additional costs Paramount could incur if regulators slow down the deal.
Rising memory costs, in-house solutions, and shifting capital returns are reshaping expectations for vendors' total cost of ownership, margin durability, and growth prospects. Watch the video below to see how this might affect Nvidia (NASDAQ: NVDA) and investor valuation assumptions. *This video was published on May 29, 2026. Continue reading
Rising memory costs, in-house solutions, and shifting capital returns are reshaping expectations for vendors' total cost of ownership, margin durability, and growth prospects. Watch the video below to see how this might affect Nvidia (NASDAQ: NVDA) and investor valuation assumptions. *This video was published on May 29, 2026. Continue reading
63-year-old leaves Benfica to move back to the Bernabéu Marco Silva agrees deal to replace him at Portuguese club José Mourinho’s blockbuster return as Real Madrid manager has been confirmed. The 63-year-old, who was in the dugout at the Bernabéu from 2010 until 2013, joins the 15-times European champions from Benfica on a three-year contract. Mourinho’s appointment comes after a torrid season at ...
63-year-old leaves Benfica to move back to the Bernabéu Marco Silva agrees deal to replace him at Portuguese club José Mourinho’s blockbuster return as Real Madrid manager has been confirmed. The 63-year-old, who was in the dugout at the Bernabéu from 2010 until 2013, joins the 15-times European champions from Benfica on a three-year contract. Mourinho’s appointment comes after a torrid season at Real Madrid, with Xabi Alonso sacked in January amid player unrest. Álvaro Arbeloa came in as interim head coach, but failed to turn around the campaign as Real exited the Champions League to Bayern Munich at the quarter-final stage and Barcelona cantered to the La Liga title. Disharmony within the squad also continued, with Fede Valverde taken to hospital to have stitches after a confrontation with his teammate Aurélien Tchouaméni. Continue reading...
Soybeans are trading with 5 to 9 1/4 cent weakness across most contracts on Thursday. The cmdtyView national average Cash Bean price is down 9 1/4 cents at $10.59 1/4. Soymeal futures are $1.00 to $1.40 higher on the day, with Soy Oil futures 30 to 33 points lower. USDA...
Soybeans are trading with 5 to 9 1/4 cent weakness across most contracts on Thursday. The cmdtyView national average Cash Bean price is down 9 1/4 cents at $10.59 1/4. Soymeal futures are $1.00 to $1.40 higher on the day, with Soy Oil futures 30 to 33 points lower. USDA...
Corn futures are trading with Thursday losses of 5 to 6 cents across most contracts, as the world competition has grown in USDA’s balance sheet. The CmdtyView national average Cash Corn price is down 5 cents at $3.81 1/4. Export Sales data from this morning indicated 1.00 MMT of old...
Corn futures are trading with Thursday losses of 5 to 6 cents across most contracts, as the world competition has grown in USDA’s balance sheet. The CmdtyView national average Cash Corn price is down 5 cents at $3.81 1/4. Export Sales data from this morning indicated 1.00 MMT of old...
The wheat complex is showing marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW is the weak spot, with fractional Thursday losses. KC HRW futures are leading the way higher, up 1 to 3 3/4 cents. MPLS spring wheat contracts are up 1 to 3 cents...
The wheat complex is showing marginally mixed trade on Thursday, with the hard red contracts higher. Chicago SRW is the weak spot, with fractional Thursday losses. KC HRW futures are leading the way higher, up 1 to 3 3/4 cents. MPLS spring wheat contracts are up 1 to 3 cents...
Cotton futures are trading with triple digit gains across most contracts on Thursday, with gains of 101 to 133 points. Crude oil is up $1.23 to $91.30/barrel. The US dollar index is up $0.316 at $100.260. USDA’s Export Sales report from Thursday morning showed 207,032 RB of cotton sold for...
Cotton futures are trading with triple digit gains across most contracts on Thursday, with gains of 101 to 133 points. Crude oil is up $1.23 to $91.30/barrel. The US dollar index is up $0.316 at $100.260. USDA’s Export Sales report from Thursday morning showed 207,032 RB of cotton sold for...
The condition of the Belfast stabbing victim is “improving” and he could be awoken from a coma within the next 48 hours, pro-British Democratic Unionist Party (DUP) leader Gavin Robinson said on Thursday. Stephen Ogilvie lost his left eye and suffered deep cuts to his head, face and back in a stabbing attack on Monday night which preceded two nights of disorder in Northern Ireland. Twelve police o...
The condition of the Belfast stabbing victim is “improving” and he could be awoken from a coma within the next 48 hours, pro-British Democratic Unionist Party (DUP) leader Gavin Robinson said on Thursday. Stephen Ogilvie lost his left eye and suffered deep cuts to his head, face and back in a stabbing attack on Monday night which preceded two nights of disorder in Northern Ireland. Twelve police officers were injured, 16 arrests were made and two people were charged following Wednesday night’s...
Representative Greg Landsman, an Ohio Democrat, said the lapse of a law permitting foreign surveillance will make it harder for law enforcement to keep the country safe. Landsman said that during the world cup and ongoing conflict with Iran, concerns about US safety are 'very serious' and said that someone in the intelligence community or congress should stand up and 'be the adult in the room.' (S...
Representative Greg Landsman, an Ohio Democrat, said the lapse of a law permitting foreign surveillance will make it harder for law enforcement to keep the country safe. Landsman said that during the world cup and ongoing conflict with Iran, concerns about US safety are 'very serious' and said that someone in the intelligence community or congress should stand up and 'be the adult in the room.' (Source: Bloomberg)
The Vanguard FTSE Developed Markets ETF (NYSEMKT:VEA) offers lower costs and broader geographic reach including Canada, while iShares Core MSCI EAFE ETF (NYSEMKT:IEFA) concentrates strictly on overseas developed markets with a higher trailing distribution yield. These two funds are among the most popular vehicles for investors seeking growth outside the United States. While they both focus on esta...
The Vanguard FTSE Developed Markets ETF (NYSEMKT:VEA) offers lower costs and broader geographic reach including Canada, while iShares Core MSCI EAFE ETF (NYSEMKT:IEFA) concentrates strictly on overseas developed markets with a higher trailing distribution yield. These two funds are among the most popular vehicles for investors seeking growth outside the United States. While they both focus on established international markets, subtle differences in their index construction -- specifically regarding Canadian exposure and the inclusion of smaller companies -- can lead to divergent performance outcomes over the long term. Beta measures price volatility relative to the S&P 500; beta is calculated from five-year monthly returns. The 1-yr return represents total return over the trailing 12 months. Dividend yield is the trailing-12-month distribution yield. Continue reading
Pfizer (NYSE:PFE) is in the middle of its biggest reinvention in a generation, leaning on the Seagen oncology platform and the freshly closed Metsera obesity assets to offset a COVID revenue cliff and looming patent losses. With shares at $25.60 and yielding nearly 7%, the only question that matters for income investors is whether that ... This $25 Billion Acquisition Just Unlocked a New Era of Gr...
Pfizer (NYSE:PFE) is in the middle of its biggest reinvention in a generation, leaning on the Seagen oncology platform and the freshly closed Metsera obesity assets to offset a COVID revenue cliff and looming patent losses. With shares at $25.60 and yielding nearly 7%, the only question that matters for income investors is whether that ... This $25 Billion Acquisition Just Unlocked a New Era of Growth for Pfizer — and Why It’s a Flawless Safe-Haven for Retirees
(RTTNews) - The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $22 billion worth of thirty-year bonds attracted below average demand.
(RTTNews) - The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $22 billion worth of thirty-year bonds attracted below average demand.
Maryna Andriianova/iStock via Getty Images European Central Bank governors see keeping interest rates on hold at the July meeting as the more likely scenario, assuming energy prices stay near current levels, according to a media report on Thursday. The policymakers raised the ECB's key interest rates by 25 basis points on Thursday, their first hike in almost three years, as the Iran war fueled a r...
Maryna Andriianova/iStock via Getty Images European Central Bank governors see keeping interest rates on hold at the July meeting as the more likely scenario, assuming energy prices stay near current levels, according to a media report on Thursday. The policymakers raised the ECB's key interest rates by 25 basis points on Thursday, their first hike in almost three years, as the Iran war fueled a resurgence in inflation. Two sources told Reuters that a pause at the July meeting was the more likely scenario, barring any sudden and wide swings in energy prices. One person said the price of Brent oil would have to exceed $100 a barrel for ECB governors to consider another hike. A second said an unexpected jump in core inflation could trigger action. An ECB spokesperson declined to comment to Reuters. Relevant ETFs: ( IEV ), ( IEUR ), ( EWG ), ( GF ), ( EWI ), ( EWQ ), ( FGM ), ( DAX ), ( FXE ). The euro ( EUR:USD ) rose 0.2% against the U.S. dollar in Thursday trading. More on iShares Europe ETF Potential Iran De-Escalation Offers Upside For European Equities French telecom rivals strike $23.5B deal to acquire SFR from Altice EU enlargement: Finnish president pitches Canada as bloc's 28th state Seeking Alpha’s Quant Rating on iShares Europe ETF Dividend scorecard for iShares Europe ETF
Investing.com -- SpaceX, Anthropic, and OpenAI all entering public markets is unlikely to overwhelm investor appetite, according to Willy Lee, principal at SuRo Capital, who told Investing.com that private fundraising rounds suggest demand for these names could comfortably absorb offerings of $50 billion or more.
Investing.com -- SpaceX, Anthropic, and OpenAI all entering public markets is unlikely to overwhelm investor appetite, according to Willy Lee, principal at SuRo Capital, who told Investing.com that private fundraising rounds suggest demand for these names could comfortably absorb offerings of $50 billion or more.
At $25.60, Pfizer (NYSE:PFE) sits in Hold territory on Wall Street’s consensus. The headline 6.7% dividend yield is reason to pause rather than pounce. A payout that fat usually reflects a market pricing in trouble, and the under-the-radar concern is whether stretched operating cash flow can fund both the dividend and the debt stack from ... A Sizzling 6.7% Dividend Yield? 1 Under-the-Radar Reason...
At $25.60, Pfizer (NYSE:PFE) sits in Hold territory on Wall Street’s consensus. The headline 6.7% dividend yield is reason to pause rather than pounce. A payout that fat usually reflects a market pricing in trouble, and the under-the-radar concern is whether stretched operating cash flow can fund both the dividend and the debt stack from ... A Sizzling 6.7% Dividend Yield? 1 Under-the-Radar Reason I Am Holding Off on Pfizer Stock at $25
The rapid expansion of complex credit structures is reminiscent of the buildup ahead of the global financial crisis, Pacific Investment Management Co .’s Dan Ivascyn warned. It’s the first time since the crisis that Pimco views the trend as worth monitoring, after years not being particularly concerned, Ivascyn, the firm’s chief investment officer, said at a press briefing Thursday. “Although we d...
The rapid expansion of complex credit structures is reminiscent of the buildup ahead of the global financial crisis, Pacific Investment Management Co .’s Dan Ivascyn warned. It’s the first time since the crisis that Pimco views the trend as worth monitoring, after years not being particularly concerned, Ivascyn, the firm’s chief investment officer, said at a press briefing Thursday. “Although we don’t see systemic risks today, we’re beginning to see the pace of financial engineering accelerate to a point where it bears watching the next few years,” he said. Read More: Pimco Sees Warsh Changing Fed Signals Without Silencing Them One particular concern for Ivascyn is that rating companies may be assigning overly generous credit grades to structured securities by placing too much weight on protections such as guarantees and contingent guarantees. It’s a dynamic, he said, that was all too familiar in the run up to the crisis. “People are dusting off the old playbooks.” The surge in capital needs to finance artificial intelligence and energy infrastructure will intensify efforts to transform inherently risky debt into investment-grade securities, Ivascyn said. “There’s a powerful top down desire to create as much investment-grade risk as you can, and these deals are complicated.” Pimco, of course, is no stranger to AI and data center financing itself. Over the past year, the asset-management giant has played a central role in some of the largest deals ever assembled. It helped back Meta Platforms Inc.’s roughly $29 billion Hyperion data-center project in Louisiana and, more recently, agreed to provide much of the $16 billion financing package for an Oracle Corp. data center in Michigan. Pimco Says ‘Credit Loss Cycle’ Has Begun, Likes Quality Debt Oracle Data Center $16 Billion Financing Gets Over The Line Pimco Lands $2 Billion in Paper Gains From Meta Data Center How Pimco Outmaneuvered Apollo, KKR to Win $29 Billion Meta Deal Ivascyn on Thursday also flagged the rise o...
SlavkoSereda/iStock via Getty Images Crude oil futures fell by more than 3% Thursday after President Trump canceled airstrikes against Iran that he planned for tonight, citing negotiations toward ending the Middle East war that "have been brought to the highest level of Iranian leadership." Trump said, "Discussions and final points have been, in both concept and great detail, approved by all parti...
SlavkoSereda/iStock via Getty Images Crude oil futures fell by more than 3% Thursday after President Trump canceled airstrikes against Iran that he planned for tonight, citing negotiations toward ending the Middle East war that "have been brought to the highest level of Iranian leadership." Trump said, "Discussions and final points have been, in both concept and great detail, approved by all parties involved, including the United States, Israel, Saudi Arabia, UAE, Qatar, Turkey, Pakistan, Bahrain, Kuwait, Jordan, Egypt, and others." The president also said the U.S. naval blockade will remain in full force "until this transaction is finalized—time and place of the signing to be announced shortly." Earlier , Trump threatened to strike Iran "VERY HARD" and take "total control" of the country's oil and gas markets, including a U.S. takeover of Iran’s Kharg Island oil export hub " at some point in the not-too-distant future." After rising in early trading, f ront-month Nymex crude ( CL1:COM ) for July delivery down 2.2% to $88.05/bbl, and front-month Brent crude ( CO1:COM ) for August delivery down 2.4% to $90.87/bbl. ETFs: ( USO ), ( BNO ), ( UCO ), ( SCO ), ( USL ), ( DBO ), ( DRIP ), ( GUSH ), ( USOI ), ( XLE ) More on crude oil Energy Markets Remain Complacent Despite Significant Supply Shock Commodities: Oil Moves Higher On Latest U.S.-Iran Escalation UCO vs. USO And BNO: Tactical Leveraged Hedge For Oil Inventory Cliff
American Water Works (NYSE:AWK) just raised its quarterly dividend by 8% to $0.895 per share, the latest step in a decade of uninterrupted increases at the country’s largest publicly traded regulated water utility. Income investors hold AWK for one reason: a payout backed by water bills that customers across 14 states have to pay no ... American Water Works Funds 8% Dividend Hike Through State-Reg...
American Water Works (NYSE:AWK) just raised its quarterly dividend by 8% to $0.895 per share, the latest step in a decade of uninterrupted increases at the country’s largest publicly traded regulated water utility. Income investors hold AWK for one reason: a payout backed by water bills that customers across 14 states have to pay no ... American Water Works Funds 8% Dividend Hike Through State-Regulated Rate Increases This Year
Bloomberg's Michelle Kaske joins Scarlet Fu on "Bloomberg Real Yield." The entities transforming New York’s Penn Station are slated to learn how much federal money will be directed to the project in about six months, according to Peter Cipriano, CEO of the Halmar-Skanska consortium, the renovation’s master developer. (Source: Bloomberg)
Bloomberg's Michelle Kaske joins Scarlet Fu on "Bloomberg Real Yield." The entities transforming New York’s Penn Station are slated to learn how much federal money will be directed to the project in about six months, according to Peter Cipriano, CEO of the Halmar-Skanska consortium, the renovation’s master developer. (Source: Bloomberg)