S&P 500 Hits Record High as Market Value Nears $70 Trillion
The S&P 500 reached another record high, lifting the combined market value of its constituent companies to approximately $69.7 trillion.
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The S&P 500 reached another record high, lifting the combined market value of its constituent companies to approximately $69.7 trillion.
SpaceX shares fell below $140 for the first time since the company’s IPO, reaching a new post-listing low after giving up most of their early trading gains.
Wendy’s shares surged 42% after attracting heavy attention from WallStreetBets, with record short interest fueling speculation that the stock could become the market’s next major short squeeze.
Motley Fool analysts argue that SpaceX may be worth between $150 billion and $250 billion, far below its current market valuation of roughly $2.56 trillion.
U.S. stocks erased approximately $1.2 trillion in market value after President Trump warned that the United States could strike Iran ‘very hard’, triggering a sharp reversal across risk assets.
More than 100 current and former SpaceX employees have joined forces to secure discounted wealth management services as the company’s IPO is expected to create a new wave of multimillionaires.
U.S. markets lost roughly $1.8 trillion in value within two hours as stocks, precious metals, and cryptocurrencies sold off sharply following shifting expectations surrounding a potential U.S.-Iran agreement.
South Korea halted trading after the KOSPI fell 8.4%, triggering an automatic circuit breaker.
Some market analysts warn that SpaceX’s upcoming IPO could become one of the largest insider liquidity events ever, as early investors gain access to trillions of dollars in previously locked-up equity.
SpaceX is reportedly targeting a $1.75 trillion valuation for its upcoming IPO, with the company expected to begin its investor roadshow on June 4 ahead of a planned Nasdaq debut on June 12.
Victoria’s Secret shares soared nearly 40% after the company reported quarterly results that exceeded Wall Street expectations, triggering one of the stock’s strongest rallies in years.
U.S. regulators are eliminating the long-standing Pattern Day Trader rule, removing the $25,000 minimum account requirement for frequent stock traders and reshaping retail market access.
The Nasdaq 100 closed above 30,000 for the first time in history after surging 31% in just 56 days, fueling comparisons between today’s AI boom and the late-1990s dot-com rally.
Nebius shares rose 10% after Situational Awareness disclosed a 5.6% stake in a new 13F filing.
Taiwan’s stock market surpassed a $5 trillion valuation as TSMC and AI-driven chip stocks rallied to record highs.