SpaceX has set the price for its initial public offering at $135 per share, in a move that upends Wall Street convention.
Markets
Latest Markets intelligence from 8 public ZettaWire signals, led by: BREAKING: SpaceX sets $135 price for blockbuster IPO, upending Wall Street convention. The company's unconventional move comes as it prepares for a highly anticipated public offering.
Foreign investors withdrew from Brazilian stocks at the fastest pace in more than six years in May, derailing a historic run for the nation’s stock market.
OpenAI and Anthropic are advancing towards their expected IPOs with valuations close to $1 trillion. Investors will test whether the artificial intelligence frenzy can sustain on Wall Street.
Alphabet Inc. is raising $84.75 billion through an upsized equity offering to finance its artificial intelligence investments.
Broadcom lost more than $300 billion in market value after its revenue forecast disappointed investors, according to the Financial Times.
A decline in chip stocks has erased $1.3 trillion in stock market value.
The Nasdaq experienced its largest daily drop since April 2025, driven by a strong May jobs report that raised fears of interest rate hikes, ending a nine-week winning streak. US-traded chipmakers lost approximately $1.3 trillion in market value.
Elon Musk's SpaceX announces it intends to make its stock market debut next week at a $1.77 trillion valuation.
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