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Morningstar values SpaceX at $780 billion, half its IPO target

Morningstar values SpaceX at $780 billion, half its IPO target

By Niket Nishant June 2 (Reuters) - Morningstar analysts pegged SpaceX's valuation at $780 billion, less than half of what the Elon Musk-led company is reportedly targeting in its initial public offering, ahead of a planned roadshow this week.

Oppenheimer sends clear message on Broadcom ahead of earnings

Oppenheimer sends clear message on Broadcom ahead of earnings

Broadcom reports fiscal second-quarter earnings on June 3. The bar is high. The stock is up 80% over the past year and trades at 37 times forward earnings. One of the most respected semiconductor analysts on Wall Street just looked at all of that and said the company is likely to clear it anyway. ...

Should You Eat Sprouted Beets?

Should You Eat Sprouted Beets?

Beets aren't super appetizing when they start sprouting. However, looking bad isn't always the same thing as going bad. Here's the deal with sprouted beets.

The 5 Best Beach Boys Songs That Aren't Good Vibrations

The 5 Best Beach Boys Songs That Aren't Good Vibrations

You can't go wrong with "Good Vibrations," but the Beach Boys have a deep bench of classics that showcase the group's remarkable range.

Paramount Pictures Revives 'Scary Movie' Franchise with Sixth Installment

Paramount Pictures Revives 'Scary Movie' Franchise with Sixth Installment

Paramount Pictures Revives 'Scary Movie' Franchise with Sixth Installment

Moderna's mRNA Melanoma Vaccine Shows Promising 5-Year Survival Results

Moderna's mRNA Melanoma Vaccine Shows Promising 5-Year Survival Results

Moderna's mRNA Melanoma Vaccine Shows Promising 5-Year Survival Results

Marcia Lucas, Renowned Film Editor of 'Star Wars,' Passes Away at 80

Marcia Lucas, Renowned Film Editor of 'Star Wars,' Passes Away at 80

Marcia Lucas, Renowned Film Editor of 'Star Wars,' Passes Away at 80

Cambodia initiates action with UN agency to force conciliation of maritime dispute with Thailand

Cambodia initiates action with UN agency to force conciliation of maritime dispute with Thailand

Cambodia has filed for compulsory conciliation under a U.N. maritime law agreement to resolve a sea border dispute with Thailand

9 students appear in court over Kenya school arson that killed 16 girls

9 students appear in court over Kenya school arson that killed 16 girls

Nine students accused of planning a deadly arson attack at a school in central Kenya appeared in court

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Wall Street poised to open lower even as AI and data center companies soar on still-hot demand

Markets on Wall Street tipped toward losses before the opening bell Tuesday even as a handful of technology companies saw their shares post big gains as demand for AI and data center infrastructure remains red hot

Israel's weapons exports reach a record high with sales doubling in the past 5 years

Israel's weapons exports reach a record high with sales doubling in the past 5 years

Israel's weapons exports reached a record high of over $19 billion last year, marking a 30% increase from 2024, according to Israel's Defense Ministry

US grants visa to Haitian soccer player to join team for World Cup

US grants visa to Haitian soccer player to join team for World Cup

The U.S. government has granted a visa to Woodensky Pierre, the only member of Haiti’s national soccer team living in the Caribbean country

Northrop Grumman Partners with Apex for Golden Dome Missile Defense Satellite Development

Northrop Grumman Partners with Apex for Golden Dome Missile Defense Satellite Development

Northrop Grumman Partners with Apex for Golden Dome Missile Defense Satellite Development

Rockhaven Receives Approval for Direct Shipping Oxide Material Extraction in Yukon

Rockhaven Receives Approval for Direct Shipping Oxide Material Extraction in Yukon

Rockhaven Receives Approval for Direct Shipping Oxide Material Extraction in Yukon

President Trump Seeks to Stabilize Bond Market Amid Rising Treasury Yields

President Trump Seeks to Stabilize Bond Market Amid Rising Treasury Yields

President Trump Seeks to Stabilize Bond Market Amid Rising Treasury Yields

Cameron Dantzler Ejected from UFL Game Following On-Field Altercation

Cameron Dantzler Ejected from UFL Game Following On-Field Altercation

Cameron Dantzler Ejected from UFL Game Following On-Field Altercation

Alfa Insurance Appoints New Senior VP of Claims Amid Leadership Changes

Alfa Insurance Appoints New Senior VP of Claims Amid Leadership Changes

Alfa Insurance Appoints New Senior VP of Claims Amid Leadership Changes

Impulse Space Raises $500 Million to Enhance In-Space Mobility with Ultra-Mobile Spacecraft

Impulse Space Raises $500 Million to Enhance In-Space Mobility with Ultra-Mobile Spacecraft

Impulse Space Raises $500 Million to Enhance In-Space Mobility with Ultra-Mobile Spacecraft

Eskom Secures Approval for Discounted Power Tariff for Ferrochrome Smelters

Eskom Secures Approval for Discounted Power Tariff for Ferrochrome Smelters

Eskom Secures Approval for Discounted Power Tariff for Ferrochrome Smelters

Pirates Reinstate Carmen Mlodzinski Amid Role Adjustment Concerns

Pirates Reinstate Carmen Mlodzinski Amid Role Adjustment Concerns

Pirates Reinstate Carmen Mlodzinski Amid Role Adjustment Concerns