Grok Could Undermine SpaceX IPO
Morningstar warned, “‘Financials Look Reckless’: Lifting xAI’s Hood in the SpaceX IPO”. Its AI division, xAI, lost $2.47 billion on $818 million in the first quarter of this year. “If you compare xAI to…
Morningstar warned, “‘Financials Look Reckless’: Lifting xAI’s Hood in the SpaceX IPO”. Its AI division, xAI, lost $2.47 billion on $818 million in the first quarter of this year. “If you compare xAI to…
A few tough things could happen to SpaceX shares when the company goes public. The stock could jump after the IPO goes live. People could then dump shares to make immediate profits. SpaceX could…
In the shadow of the massive SpaceX IPO, the stock of Elon Musk’s other big company is struggling. SpaceX could debut with a $2 trillion market cap as it raises $80 billion. It will…
One of the best ways to gauge how badly Target (NYSE: TGT | TGT Price Prediction) has been beaten down by competitors is to look at the five-year performance of the company and its…
Once a year, the results of “The 2026 Axios Harris Poll 100 reputation rankings” are released in May. It is based on a poll of 6,226 Americans to pick the 100 most visible brands…
Currently, option traders are betting that Nvidia’s (NASDAQ: NVDA | NVDA Price Prediction) market cap could rise or fall by $355 billion based on earnings. Nvidia’s current market cap is $5.3 trillion. The stock…
Most Americans have never heard of Standard Chartered Plc. It is one of the 30 largest banks in the world, after the Chinese banks pulled out. Its CEO, Bill Winters, made the point, as…
When there is a fight over control of a public company, one would hope the winner would drive change and, with it, raise the stock price. That has not worked at Lululemon. The real…
If you plan to buy a house, you may want to hurry. A 30-year fixed-rate mortgage will cost you. The rate on these is 6.46%. They were 6.32% a month ago. What happened? Iran.…
Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will try to raise $80 billion at a valuation north of $1.75 tillion.…
CounterPoint, the well-regarded electronics research firm, shows that, study after study, in China, the US, and globally, sales of the iPhone continue to outpace those of all competitors. The most recent data comes from…
Anthropic’s valuation is nearing $1 trillion, an astonishing figure for a private company. The FT reports that it will raise $30 billion at a valuation of $900 billion. Less than a year ago, it…
The rich get richer in two ways. One way is the way Elon Musk and Warren Buffett did. They earned it themselves. The other way is inheritance (it’s based on luck). The richest family…
Cisco (NASDAQ: CSCO | CSCO Price Prediction), one of the older big tech companies in America, said in its earnings announcement that it would cut 4,000 jobs as it moves its businesses toward AI.…
The SEC requires companies to disclose the ratio of CEO pay to the median worker pay. According to the Apple (NASDAQ: AAPL | AAPL Price Prediction) proxy, “2025 annual total compensation of our CEO…
It's called a "staycation," and you may be stuck with one. You won't be alone. According to AAA, roughly 61.6 million people traveled by car more than 50 miles from home over the 2025…
It depends on how you measure the use for both AI downloads and enterprise adoption. Grok is being demolished by the competition. A look at Apple’s App Store shows that OpenAI’s ChatGPT is the…
The SEC requires companies to show the relationship between the CEO’s pay and the median pay of the company’s workers. For McDonald’s (NYSE MCD | MCD Price Prediction), that figure is 1,082 to 1,…
Once Netflix (NASDAQ: NFLX | NFLX Price Prediction) dropped out of the race for Warner Bros. Discovery, it was supposed to bounce back. Most investors in the company could not see why Netflix would…
NVIDIA (NASDAQ: NVDA | NVDA Price Prediction) could lose its crown as the world’s most valuable company. Alphabet’s (NASDAQ: GOOG) market cap sits at over $4.8 trillion. NVIDIA’s is $5.2 trillion trillion. However, Nvidia’s…