SPCX Stock Climbs Above $175 as SpaceX Value Tops $2.3 Trillion
SpaceX’s SPCX shares traded above $175 on October 6, lifting its estimated value beyond $2.3 trillion as investors assess Starlink growth and AI spending.
Markets - Page 17
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Latest Markets News
Paramount Closes Warner Bros. Deal as Skydance Debuts With SKYD Ticker
Paramount has completed its Warner Bros. Discovery takeover, forming Skydance Corp. as SKYD shares begin NYSE trading and merger execution moves into focus.
S&P 500 and Nasdaq Hit Records as Oil and Treasury Yields Ease
The S&P 500 and Nasdaq reached intraday records as chip stocks advanced and oil and Treasury yields eased, shifting attention to earnings and Fed minutes.
Uber’s $2.3 Billion ezCater Deal Puts Delivery Margins in Focus
Uber (NYSE: UBER) has agreed to buy ezCater for $2.3 billion, expanding workplace catering as investors assess delivery margins and cash use.
Meta’s Muse Fuels AMD’s Rally as Personal AI Agents Drive CPU Demand
Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
OKX Names Standard Chartered and Circle as Investors After $25 Billion Valuation
OKX founder Star Xu named Standard Chartered and Circle as equity investors, building on a $25 billion valuation disclosed with ICE’s March investment.
KOSPI Falls Below 7,000 as Samsung Faces October 8 Volatility Risk
South Korea’s KOSPI closed at 6,941.39 as Samsung fell 1.45%, ahead of a crowded October 8 trading calendar and fading buyback support.
Ray Dalio Warns of U.S. Debt Crisis Within Three Years
Ray Dalio warns the U.S. could face a debt crisis within three years as persistent deficits, higher borrowing costs and weaker foreign demand strain financing.
Nasdaq Closes at Record as Tech Rally Defies Rising Treasury Yields
The Nasdaq gained 1.05% to a record close as SpaceX and major tech stocks climbed, even with Treasury yields above 5.3% and services price pressures rising.
Treasury Yields Hit Fresh 24-Year Highs as 30-Year Tops 5.7%
The 10-year Treasury yield climbed to 5.347% and the 30-year reached 5.702% as renewed bond selling and rising services prices put the Fed outlook in focus.
Elon Musk Becomes a Trillionaire Again as SpaceX Stock Surges
Forbes puts Elon Musk's fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX's June IPO.
SpaceX Stock Surges Above $160 as Market Value Tops $2.2 Trillion
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.