Explore

Reuters Reuters
Explainer-How can retail investors buy shares in SpaceX's IPO?

Explainer-How can retail investors buy shares in SpaceX's IPO?

By Manya Saini and Suzanne McGee June 7 (Reuters) - SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share of Elon Musk's rocket, satellite and AI empire.
Reuters Reuters
China exports set for strong May on front-loaded orders, chip demand: Reuters poll

China exports set for strong May on front-loaded orders, chip demand: Reuters poll

BEIJING, June 8 (Reuters) - China's export growth likely strengthened in May, underpinned by a backlog of overseas orders brought forward to pre-empt energy price pressures tied to the Gulf war, alongside sustained global demand for semiconductors and AI-related components.
TheStreet TheStreet
Elon Musk sets SpaceX IPO price in blunt message to Wall Street

Elon Musk sets SpaceX IPO price in blunt message to Wall Street

Companies preparing for an initial public offering normally set a price range, gauge demand on a roadshow, and negotiate a final share price. SpaceX skipped every step of that process, and the decision reveals how Elon Musk intends to operate as a public company executive. The rocket and satellite ...
Reuters Reuters
Nasdaq, S&P futures slip as semiconductors drag; payrolls in focus

Nasdaq, S&P futures slip as semiconductors drag; payrolls in focus

June 5 (Reuters) - U.S. stock index futures fell on Friday, as chipmakers lost steam following a strong rally and investors stayed cautious ahead of the May employment report, which could shape expectations for the Federal Reserve's policy path. Semiconductors led the declines.
Reuters Reuters
Factbox-Hedge funds see May returns boosted by buoyant markets, sources say

Factbox-Hedge funds see May returns boosted by buoyant markets, sources say

By Nell Mackenzie LONDON, June 5 (Reuters) - Hedge funds, particularly those trading stocks, beat global benchmarks in May as rising equities led by the U.S. tech sector buoyed the returns of traders.
Reuters Reuters
Explainer-Why SpaceX faces a longer wait to join S&P 500

Explainer-Why SpaceX faces a longer wait to join S&P 500

By Shashwat Chauhan and Johann M Cherian June 5 (Reuters) - SpaceX's entry into the S&P 500 will take longer after S&P Dow Jones Indices declined to relax rules for megacap IPOs, delaying billions in passive fund inflows from the potential inclusion. The decision keeps several barriers intact.
Trendline Trendline
Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns

Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns

Wall Street Indices Plunge Amid Tech Sell-Off and Rate Hike Concerns
AP News AP News
Wall Street mixed in early trading as markets await government jobs data for May

Wall Street mixed in early trading as markets await government jobs data for May

Trading on Wall Street was mixed again as markets waited to comb through the latest U.S. jobs data for signs that the Iran war or AI are impacting companies’ hiring
Trendline Trendline
Wall Street Plunges Amid Tech Sell-Off and Rate Hike Fears

Wall Street Plunges Amid Tech Sell-Off and Rate Hike Fears

Wall Street Plunges Amid Tech Sell-Off and Rate Hike Fears
Reuters Reuters
U.S. equity fund inflows surge as tech rally boosts sentiment

U.S. equity fund inflows surge as tech rally boosts sentiment

June 5 (Reuters) - U.S. equity funds attracted the largest weekly inflow in three weeks in the week to June 3 as robust earnings outlooks by some technology companies extended a bull run in AI-linked technology stocks.
Reuters Reuters
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test

Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test

June 5 (Reuters) - Marvell Technology is set to join the benchmark S&P 500 index, S&P Dow Jones Indices said on Friday, sending the chipmaker's shares up 6% in extended trading.
AP News AP News
Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Stocks slump as Big Tech sinks and a strong May jobs report boosts odds for higher interest rates

Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market