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Market News
Latest financial news and analysis from global markets
TSLA
Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”
ORCL
Elon Musk ’Dissolved’ xAI. What It Means for the SpaceX IPO.
Elon Musk is dissolving his artificial-intelligence company, xAI. Now, SpaceX is the entity that will vie for AI supremacy with OpenAI, Anthropic, and Alphabet The company is getting its ducks in a row ahead of an IPO that is expected to be the biggest ever, raising as much as $75 billion and valuing the company at up to $2 trillion. Wednesday afternoon, Musk tweeted “xAI will be dissolved as a separate company, so it will just be SpaceXAI, the AI products from SpaceX.”
BAC
Costco April sales top expectations despite Easter shift, macroeconomic uncertainty
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) reported stronger April sales growth, prompting Bank of America to reiterate its Buy rating and maintain its $1,185 price target on the retailer, citing continued comparable sales consistency despite ongoing macroeconomic...
COST
Costco April sales top expectations despite Easter shift, macroeconomic uncertainty
Costco Wholesale Corporation (NASDAQ:COST, XETRA:CTO) reported stronger April sales growth, prompting Bank of America to reiterate its Buy rating and maintain its $1,185 price target on the retailer, citing continued comparable sales consistency despite ongoing macroeconomic...
GOOGL
Anthropic taps SpaceX data center for AI compute power
Yahoo Finance's Tech Editor Dan Howley joins Josh Lipton on Market Domination to discuss Anthropic's (ANTH.PVT))partnership with SpaceX (SPAX.PVT).
AMZN
Anthropic taps SpaceX data center for AI compute power
Yahoo Finance's Tech Editor Dan Howley joins Josh Lipton on Market Domination to discuss Anthropic's (ANTH.PVT))partnership with SpaceX (SPAX.PVT).
MSFT
Anthropic taps SpaceX data center for AI compute power
Yahoo Finance's Tech Editor Dan Howley joins Josh Lipton on Market Domination to discuss Anthropic's (ANTH.PVT))partnership with SpaceX (SPAX.PVT).
GOOGL
How To Use IBD Sector Leaders Screen To Buy Stock Market Leaders On Pullbacks
Several stock market leaders have emerged after the April 8 follow-through day. Some are starting to pull back in IBD Sector Leaders.
ABT
Glucotrack Submits Blood Glucose Monitoring Technology to FDA
By Daniella Parra Glucotrack, Inc. (Nasdaq: GCTK) said it has submitted an Investigational Device Exemption application to the FDA to begin a U.S. clinical study for its fully implantable continuous blood glucose monitoring technology. The company said it is designed to deliver real-time glucose readings without the need for an external wearable device. “Submission of […]
JPM
Sector Update: Financial Stocks Fall Late Afternoon
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index down 0.7% and
BTCUSDT
Sector Update: Financial Stocks Fall Late Afternoon
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index down 0.7% and
MRNA
Hantavirus: What to Know About the Virus—and Why Moderna Stock Rallied
Evercore ISI analysts cautioned investors, writing Thursday that “with regards to current headlines, we see no meaningful revenue opportunity.”