After nearly 20 years in business and less than five years as a public company, Rocket Lab Corporation reached a major milestone on Friday when it joined the Nasdaq-100 Index. The entrance placed the space company among the 100 largest non-financial businesses on the Nasdaq Stock Market. Most companies would celebrate that kind of recognition….
Markets face a complex week as SpaceX (SPCX) begins its first full trading week following Friday’s historic IPO, creating ongoing capital flow dynamics and liquidity pressures that could amplify volatility across broader equity markets. The Federal Reserve’s June meeting Wednesday at 2:00pm represents a critical policy decision point where policymakers must navigate between supporting economic…
CoreWeave (CRWV) is not a normal cloud company. It sells Nvidia (NVDA)-powered GPU capacity to AI labs, enterprises and hyperscalers that need compute fast. That gives it a firm seat in the AI buildout, but it also leaves investors with a capital-heavy model, weighty borrowing and a stock that can move hard on every headline….
Elon Musk just became the first person in history to surpass a net worth of $1 trillion, thanks to a surge in the valuation of SpaceX, combined with his holdings in Tesla, xAI and X. (1) “[Musk’s net worth] is more than the net worth of Larry Page, $294.1B, Sergey Brin, $271.3B, Jeff Bezos, $248.9B…
The business models of legacy software and information technology (IT) companies are being threatened by artificial intelligence (AI). It’s not only investors who are ditching these companies to chase hot AI stocks, but also even top executives are on a similar path. During its fiscal Q2 2026 earnings call, Adobe (ADBE) announced that its CFO,…
Maybe you want to donate to a good cause or support a local vendor. But beware — it might be an attempt at ghost tapping. Emilie Kostecka was approached by three men in the Logan Square neighborhood of Chicago, just outside a Target store. They were carrying a hefty binder with photos of a boy…
Oracle (ORCL) is changing the way in which businesses pay for artificial intelligence, and the company’s CEO says the new approach places customers back in control. During Oracle’s fiscal fourth-quarter 2026 earnings call on Wednesday, CEO Mike Sicilia outlined a shift toward token-based and outcome-based pricing for AI features across its software suite. The goal,…
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Every time there’s a drought, geopolitical conflict or new tariff threat, shoppers eventually feel it in the grocery aisle, according to Prime Minister Mark Carney. “That reliance on foreign markets means that every global shock — foreign conflict, drought…
SpaceX’s (SPCX) record IPO is a reassuring sign for Wall Street that the AI bull market may have plenty of runway to go. Earlier in the week, a pullback in technology stocks sparked concerns about the market’s capacity to absorb a wave of new share issuance. Those worries intensified amid a surge of AI-related fundraising,…
Devon Energy Corporation (NYSE:DVN) is one of the Best Bargain Stocks to Buy in June. On June 12, Morgan Stanley analyst Devin McDermott reiterated a “Buy” rating on the company’s stock, setting a price objective of $66.00. The analyst’s rating is backed by factors that are related to Devon Energy Corporation (NYSE:DVN)’s merger integration and strategic positioning. Morgan Stanley…
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