As SpaceX potentially readies to begin the progress of going public in the coming days, investors already have funds to play it. The Information reported Tuesday that the Elon Musk-run startup is looking to file its initial public offering prospectus with regulators as early as this week. Advisers involved said the company could raise more than $75 billion, making it potentially one of the biggest...
As SpaceX potentially readies to begin the progress of going public in the coming days, investors already have funds to play it. The Information reported Tuesday that the Elon Musk-run startup is looking to file its initial public offering prospectus with regulators as early as this week. Advisers involved said the company could raise more than $75 billion, making it potentially one of the biggest IPOs ever, the report said. SpaceX has reportedly been looking at a Nasdaq listing while vying for early entry into the Nasdaq 100 index. Here are some of the funds with exposure to SpaceX: SpaceX is the Baron Partners Fund (BPTRX) 's largest holding, accounting for nearly a third of the total portfolio. Alongside Tesla , which is also run by Musk, the pair accounts for more than half of the holdings in BPTRX. The fund's retail shares are down about 5% in 2026, according to Morningstar data. It climbed more than 24% in 2025, putting it in the seventh-percentile of comparable funds. SpaceX also accounts for nearly a quarter or the Baron Focused Growth Fund (BFGIX) . Tesla follows, representing just over 6% of holdings. The fund's institutional shares are off more than 4% in 2026, according to Morningstar. But the fund is coming off three years of double-digit gains, Morningstar said. SpaceX makes up 18% of Cathie Wood's ARK Venture Fund (ARKVX) . Anthropic, Databricks and Groq are also among the private companies the fund is exposed to. ARKVX is up more than 6% in 2026, building on last year's gain of more than 55%. The Private-Public Crossover ETF (XOVR) has close to 45% exposure to SpaceX. By comparison, Nvidia is the next largest holding at around 4%. The ETF has tumbled roughly 15% so far this year. The fund added nearly 12% in 2025, but was among the bottom quartile of comparable offerings, per Morningstar.
Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total contract dollars. Rachel Hoff, policy director at the Ronald Reagan Institute, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Pentagon spending on defense tech from startups has more than doubled, from about $1.8 billion in Fiscal Year 2023 to $4.3 billion for Fiscal Year 2025, but still makes up less than 1% of total contract dollars. Rachel Hoff, policy director at the Ronald Reagan Institute, speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Yahoo Finance anchor Josh Lipton tracks Wednesday's top moving stocks and biggest market stories.Gold (GC=F) prices are rebounding, hovering around $4,500.AMD (AMD) and Intel (INTC) stocks are surging on reports that the two chipmakers told clients price increases were on the way.
Yahoo Finance anchor Josh Lipton tracks Wednesday's top moving stocks and biggest market stories.Gold (GC=F) prices are rebounding, hovering around $4,500.AMD (AMD) and Intel (INTC) stocks are surging on reports that the two chipmakers told clients price increases were on the way.
Intel (NASDAQ:INTC) stock is up by around 8% in Wednesday trading, with shares climbing above $47. Two company-specific catalysts are driving the move: the launch of Intel’s Core Ultra Series 3 enterprise chips and a round of CPU price increases. Together, they’ve handed the bulls the kind of tangible progress they’ve been waiting for. The ... Intel Rallies 8% on New Chip Launch and Rising CPU Pri...
Intel (NASDAQ:INTC) stock is up by around 8% in Wednesday trading, with shares climbing above $47. Two company-specific catalysts are driving the move: the launch of Intel’s Core Ultra Series 3 enterprise chips and a round of CPU price increases. Together, they’ve handed the bulls the kind of tangible progress they’ve been waiting for. The ... Intel Rallies 8% on New Chip Launch and Rising CPU Prices: Is the Turnaround Real?
Shares of Arm Holdings PLC (NASDAQ:ARM) jumped more than 18% on Wednesday after the company unveiled its first in-house processor aimed at artificial intelligence workloads. The UK-based semiconductor firm, long known for licensing chip designs rather than manufacturing its own silicon,...
Shares of Arm Holdings PLC (NASDAQ:ARM) jumped more than 18% on Wednesday after the company unveiled its first in-house processor aimed at artificial intelligence workloads. The UK-based semiconductor firm, long known for licensing chip designs rather than manufacturing its own silicon,...
The Justice Department has reached a financial settlement with Michael Flynn , a conservative activist and former official in the first Trump administration who sought millions of dollars from the government for what he alleged was a wrongful prosecution effort. Lawyers for the government and for Flynn notified a federal judge in Florida on Wednesday that they had reached an agreement and that it ...
The Justice Department has reached a financial settlement with Michael Flynn , a conservative activist and former official in the first Trump administration who sought millions of dollars from the government for what he alleged was a wrongful prosecution effort. Lawyers for the government and for Flynn notified a federal judge in Florida on Wednesday that they had reached an agreement and that it would involve the payment of “settlement funds,” but did not disclose the amount or any other terms. An attorney for Flynn and a spokesperson for the Justice Department did not immediately respond to requests for comment. The case is Flynn v. United States, 23-cv-485, US District Court, Middle District of Florida (Tampa).
Jay Michael Green, Chief Financial Officer of Accelerant Holdings (NYSE:ARX) , disclosed the sale of 50,000 shares of Common Stock for approximately $638K on March 23, 2026, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($12.77); post-transaction value based on March 23, 2026 market close ($12.80). Accelerant Holdings operates a technology...
Jay Michael Green, Chief Financial Officer of Accelerant Holdings (NYSE:ARX) , disclosed the sale of 50,000 shares of Common Stock for approximately $638K on March 23, 2026, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($12.77); post-transaction value based on March 23, 2026 market close ($12.80). Accelerant Holdings operates a technology-enabled platform that connects specialty insurance underwriters with risk capital partners, facilitating efficient risk transfer and portfolio management. The company leverages its proprietary exchange and underwriting capabilities to serve a diversified base of commercial insurance clients internationally. Accelerant’s data-driven approach and integrated operating model provide a scalable foundation for growth and differentiation within the insurance-broker sector. Continue reading
SoundHound AI (NasdaqGM:SOUN) is rolling out its voice AI in Peet’s Coffee stores across the United States, extending its reach in quick service retail. The company has entered an enterprise alliance with Experis, positioning its platform within a broader AI services offering for multiple industries. At NVIDIA GTC 2026, SoundHound AI introduced a multimodal, multilingual agentic AI platform design...
SoundHound AI (NasdaqGM:SOUN) is rolling out its voice AI in Peet’s Coffee stores across the United States, extending its reach in quick service retail. The company has entered an enterprise alliance with Experis, positioning its platform within a broader AI services offering for multiple industries. At NVIDIA GTC 2026, SoundHound AI introduced a multimodal, multilingual agentic AI platform designed for secure, edge-based interactions, including for automotive OEMs. These announcements put...
The jury in a landmark trial testing claims about social media addiction against Meta's Instagram and Google's YouTube determined that the two companies failed to warn users about the risks of using their products. The jury found the companies' negligence was a substantial factor in harms like the mental health issues sustained by a now 20-year-old woman Kaley G.M., who used Instagram and YouTube....
The jury in a landmark trial testing claims about social media addiction against Meta's Instagram and Google's YouTube determined that the two companies failed to warn users about the risks of using their products. The jury found the companies' negligence was a substantial factor in harms like the mental health issues sustained by a now 20-year-old woman Kaley G.M., who used Instagram and YouTube. The jury ordered both companies to pay a total of $3 million in compensatory damages, with Meta responsible for 70 percent of that balance, according to jurors' responses shared by a firm representing plaintiffs including Kaley. Jurors found that … Read the full story at The Verge.
Tony Anderson/DigitalVision via Getty Images Shareholders of WW International ( WW ) lost money as the company, the former Weight Watchers International. Inc, slid into bankruptcy last year and continued to see the new equity issued under the Ch.11 reorganization plan decline as the company restructured their business model. For a number of reasons that will be covered in this article, including t...
Tony Anderson/DigitalVision via Getty Images Shareholders of WW International ( WW ) lost money as the company, the former Weight Watchers International. Inc, slid into bankruptcy last year and continued to see the new equity issued under the Ch.11 reorganization plan decline as the company restructured their business model. For a number of reasons that will be covered in this article, including too much expensive debt, WW stock remains a sell. This is an update to my prior WW articles . Data by YCharts Bankruptcy Reorganization Plan Was Irrational WW International filed for Ch.11 bankruptcy, which I expected, on May 6, 2025 and exited bankruptcy on June 24. Under the reorganization plan ( docket 18 ), WW shareholders were "gifted" a token recovery of 0.01073733 new WW share for each old WW share held. (Gifting often makes the bankruptcy process faster and less likely to have lawsuits filed by shareholders.) Based on the current WW price of $17.60, this recovery is currently worth about $0.19 per old ( WGHTQ ) share. I think, however, that the reorganization plan was completely irrational because it resulted in WW being highly leveraged. First lien claim holders received 91% of the new stock and $465 million term loans with an interest rate of SOFR+6.80 for their $1.62 billion claim. The rate on this term loan was 10.49% as of 12/31/25. Instead of having $465 million very expensive debt, WW could currently have no long-term debt if the first lien claim holders just received stock. The value of the stock received would, in theory, be worth more by not having the debt because the enterprise value remains the same. Not only are they now highly leveraged, they are paying almost $50 million annually for interest expenses. They could use this cash to expand their business instead of paying debt holders. Over the last few years I constantly see irrational reorganization plans being confirmed by the courts which years ago "old school" bankruptcy judges would have rejected. ...
If you are wondering whether NVIDIA's current share price still makes sense after its recent run, or if you are late to the party, this piece breaks down what the market might be pricing in and where valuation questions are starting to surface. At a last close of US$175.20, NVIDIA has seen a 3.7% decline over the past week and a 7.7% decline over the past month, while the 1 year return sits at 45....
If you are wondering whether NVIDIA's current share price still makes sense after its recent run, or if you are late to the party, this piece breaks down what the market might be pricing in and where valuation questions are starting to surface. At a last close of US$175.20, NVIDIA has seen a 3.7% decline over the past week and a 7.7% decline over the past month, while the 1 year return sits at 45.2% and the 5 year return is very large. Recent headlines have continued to focus on NVIDIA's...
A Los Angeles jury found Alphabet’s Google and Meta liable for US$3 million in damages on Wednesday in a landmark social media addiction lawsuit. The outcome could influence thousands of similar cases against the tech companies brought by parents, attorneys general and school districts. At least half of American teenagers use YouTube or Instagram daily, according to the Pew Research Centre. The L...
A Los Angeles jury found Alphabet’s Google and Meta liable for US$3 million in damages on Wednesday in a landmark social media addiction lawsuit. The outcome could influence thousands of similar cases against the tech companies brought by parents, attorneys general and school districts. At least half of American teenagers use YouTube or Instagram daily, according to the Pew Research Centre. The Los Angeles case involves a 20-year-old woman who said she became addicted to the apps at a young age...
Galeanu Mihai/iStock via Getty Images Key Takeaways Markets: US equities delivered solid gains over the fourth quarter of 2025, maintaining their upward trajectory against a backdrop of generally robust corporate earnings, despite some mixed economic signals and investor concerns about stretched valuations in technology-related stocks. Continued monetary easing by the US Federal Reserve, along wit...
Galeanu Mihai/iStock via Getty Images Key Takeaways Markets: US equities delivered solid gains over the fourth quarter of 2025, maintaining their upward trajectory against a backdrop of generally robust corporate earnings, despite some mixed economic signals and investor concerns about stretched valuations in technology-related stocks. Continued monetary easing by the US Federal Reserve, along with a constructive shift in United States–China relations, also underpinned investor sentiment. The outperformance of the Magnificent Seven mega-capitalization technology stocks during the quarter boosted returns for the S&P 500 Index and the Nasdaq Composite Index, while the relatively strong performance of the Dow Jones Industrial Average reflected the enduring strength of blue-chip companies. By investment style, value investing surpassed growth in the large-, mid- and small-capitalization tiers, with large-cap stocks performing better than their mid- and small-cap counterparts. Contributors: Stock selection decisions and, to a lesser extent, positive allocation effects benefited relative fund performance. Stock selection in the multi-utilities, independent power and renewable electricity producers and water utilities industries offered the biggest relative contributions. Detractors: Stock selection and an underweight in the electric utilities industry pressured relative returns in addition to poor-performing individual holdings. Outlook: We believe that power demand across the United States is likely to improve significantly, along with industry capital spending on data center development. Performance Review The fund (Advisor Class without sales charges) fared better than the S&P 500 Utilities Index benchmark in the fourth quarter of 2025. A top contributor was Drax Group in the independent power and renewable electricity producers industry. The UK-based global renewable energy company successfully secured a contract with the UK government in November, which includes a su...
Earnings Call Insights: Paychex (PAYX) Q3 2026 Management View John Gibson, President and CEO, reported a strong quarter with revenue up 20% and adjusted operating income up 22% year-over-year, highlighting the "effective execution and progress advancing our strategic priorities, most notably, the Paycor integration and acceleration of our transformational AI initiatives." Gibson emphasized robust...
Earnings Call Insights: Paychex (PAYX) Q3 2026 Management View John Gibson, President and CEO, reported a strong quarter with revenue up 20% and adjusted operating income up 22% year-over-year, highlighting the "effective execution and progress advancing our strategic priorities, most notably, the Paycor integration and acceleration of our transformational AI initiatives." Gibson emphasized robust free cash flow generation and the company’s competitive advantage in compliance and advisory expertise, noting, "Our compliance depth, advisory expertise and award-winning platforms provide a clear competitive advantage in navigating a constantly changing and complex regulatory environment." Gibson explained that AI implementation is strengthening the company’s advantage, with over 500 AI-powered capabilities enhancing productivity. "We now have over 500 AI-powered capabilities and agents that can drive higher productivity and smarter decisions and outcomes," said Gibson. Gibson also provided updates on the Paycor integration, stating, "We remain on track to exceed our fiscal '26 synergy targets we discussed last quarter. Leading indicators such as bookings and broker referrals have reaccelerated to pre-acquisition levels, and we are adding sales headcount to capture the demand we see." The company reported strong growth in retirement, ASO, and PEO, with PEO worksite employee growth in the high single digits and record retention rates. Gibson said, "Our PEO business remains strong with high single-digit worksite employee growth, driven by robust demand and record retention rates." Robert Schrader, CFO, stated, "Total revenue increased 20% over the prior year to $1.8 billion. This represents an acceleration in the organic growth of the business relative to the first half of the year." Schrader added, "Operating income margin was 43.8%, and adjusted operating income margins increased approximately 80 basis points to 47.7%, driven by increased productivity and cost discipline...
May NY world sugar #11 (SBK26 ) today is down -0.29 (-1.83%), and May London ICE white sugar #5 (SWK26 ) is down -6.90 (-1.49%). Sugar prices are falling today as a -2% slump in crude oil prices (CLK26 ) has sparked long liquidation in sugar futures. On Tuesday, NY...
May NY world sugar #11 (SBK26 ) today is down -0.29 (-1.83%), and May London ICE white sugar #5 (SWK26 ) is down -6.90 (-1.49%). Sugar prices are falling today as a -2% slump in crude oil prices (CLK26 ) has sparked long liquidation in sugar futures. On Tuesday, NY...