SpaceX is allocating a smaller-than-expected portion of its blockbuster initial public offering to retail investors, according to a person familiar with the matter. The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, including international individual investors, online brokerages and private-bank clients, the person said. The…
SpaceX’s Super Heavy booster is seen on the launch pad, as Starship is prepared to be placed on top, at the company’s Boca Chica complex, ahead of Starship’s eighth test flight which is targeted for March 3, from Starbase, near Brownsville, Texas, U.S. March 2, 2025. Kaylee Greenlee | Reuters For nearly two decades, some…
A new deal from Eaton gives investors exactly what they want: a leaner company with greater exposure to the AI data center boom. Auto parts manufacturer Dana has agreed to combine with Eaton’s lagging Mobility business in a deal that values the unit at $5.1 billion, the companies said on Thursday. The move not only…
Gold bars are displayed in a photo illustration, reflecting recent movements in gold prices driven by inflation concerns and central bank policy outlooks in Brussels, Belgium, on December 23, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Gold fell to a fresh six-month low on Thursday as investors dump…
CNBC’s Jim Cramer said Wednesday that one of the biggest risks facing the upcoming SpaceX IPO isn’t a lack of demand — it’s the possibility that too many investors are looking for a quick profit. “The speculators aren’t there for the long haul. They may not even be there for the afternoon,” the “Mad Money”…
SpaceX will debut under the ticker ‘SPCX’ this Friday, and its options will begin trading on Tuesday, June 16th. It’s a quick turnaround that leaves investors a little bit in the lurch. They’ll have little time and a small sample size of activity to judge how the world’s largest IPO will trade day-to-day over the…
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a “remarkable loser,” Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back nearly half its 3.3% gains in the prior session. Shares are down…
Josh Brown, one of Wall Street’s most recognizable financial advisers, said the rise of passive investing has created demand for a different kind of product: a concentrated portfolio aimed at capturing the market’s biggest winners. The CEO of Ritholtz Wealth Management and CNBC contributor recently launched Porterhouse, a separately managed account named after the premium…
Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs’ Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of…
Stocks soared to record highs again last week, capping off a banner month for the market. Investor optimism about an end to the Iran-U.S. war, a string of positive corporate earnings reports, and strength in technology stocks led to new records for the S & P 500 and Nasdaq Composite , up over 1% and…
