SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed….
Meta CEO, Mark Zuckerberg and Tesla and SpaceX CEO, Elon Musk Manuel Orbegozo | Chip Somodevilla | Reuters When SpaceX finally debuts on the Nasdaq, under the ticker symbol SPCX, it will almost certainly set a record for the largest offering ever. By a long shot. Elon Musk’s reusable rocket maker filed its long-awaited IPO…
A detailed view of an LED board displaying the Fanatics logo during first half of the match between the Houston Dash and the Denver Summit FC at Shell Energy Stadium on May 9, 2026 in Houston, Texas. Maria Lysaker | Nwsl | Getty Images Fanatics plans to launch its first credit card later this year,…
From the Dayton, Ohio, suburbs to boardrooms in Dallas, the employees fueling AT&T’s next wave of growth aren’t fresh-faced college graduates with expensive four-year degrees. They’re skilled, blue-collar workers ready to get their hands dirty — and AT&T can’t find enough of them. “We need people who know how to actually work with electricity. We…
Wall Street’s scorching rally off its wartime lows back to new highs faces a big test this week: a jam-packed earnings calendar. The list of companies reporting stretches from linchpins of the AI trade like Club name GE Vernova to battleground software stocks such as ServiceNow to companies with their pulse on the industrial economy…
Sen. Ron Wyden, D-Ore., speaks as U.S. Trade Representative Jamieson Greer testifies before a Senate Finance Committee hearing on President Donald Trump’s trade policy, on Capitol Hill in Washington, April 8, 2025. Kevin Mohatt | Reuters The House and Senate on Friday approved a short-term extensive of a section of federal law that allows the…
On Jim Continenza’s first day on the job as Eastman Kodak executive chairman in 2019, he got a call from a star Hollywood filmmaker telling him the company was making a big mistake. The photography technology company was in the process of shutting down its acetate factory, which makes one of the key ingredients used…
Meta Platforms CEO Mark Zuckerberg arrives outside court to take the stand at trial in a key test case accusing Meta and Google’s YouTube of harming kids’ mental health through addictive platforms, in Los Angeles, California, U.S., Feb. 18, 2026. Mike Blake | Reuters For the last three decades, internet giants have been able to…
My top 10 things to watch Friday, March 20 1. Stock futures are down this morning as oil works its way back up after a brief move lower on Thursday. The major averages are pacing for their fourth losing week in a row, with the S & P 500 and Dow down 0.4% and 1.2%,…
A trifecta of uncertainty — from the Iran war to AI disruption to private credit — is crushing financial stocks this year. While shares of Goldman Sachs and Wells Fargo have been caught up in the downdraft, their businesses should be largely insulated from these headwinds. Nevertheless, Club stocks Goldman Sachs and Wells Fargo have…
