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SpaceX falls below its IPO price of $135 for the first time since its debut 0
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- July 15, 2026
SpaceX shares fell below their IPO price of $135 for the first time since the company’s successful public debut in June. On Wednesday, SpaceX shares fell to a low of $132.15 before recovering some of that loss to end the day just above its IPO threshold of $135.28. The latest drop marks a 40% drop
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Why SK Hynix’s wild swings aren’t just an AI story 0
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- July 15, 2026
South Korea’s SK Hynix has been on a rollercoaster ride recently, but little has actually changed in its position at the center of the AI boom. On Wednesday, the memory giant’s Seoul-listed shares rose as much as 13% after its Nasdaq-listed American Depositary Receipts rose 27% overnight. The rally followed a sharp sell-off earlier this
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Business groups ask Senate to scrap proposal to limit stock buybacks, dividends 0
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- July 14, 2026
The companies are urging Congress to remove a measure from a bill that would restrict defense contractors from issuing dividends or buying back their stock. More than 40 business and industry groups have written a letter to the Senate urging action on Section 815 of the National Defense Authorization Act, a provision that would effectively
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SK Hynix suffers a record drop in its shares after the euphoria of its US debut.0
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- July 13, 2026
Memory chip giant SK Hynix plunged further in South Korea on Monday, just one trading day after its successful debut on the Nasdaq. Shares listed on the Korea Stock Exchange closed down 15.4% (the steepest drop in the stock’s history) as investors locked in profits after a months-long rally and the company’s closely watched ADR
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Double Down on HALO Trading: Goldman Says Asset-Heavy AI Companies Will Continue to Beat the Market 0
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- July 7, 2026
Goldman Sachs says one of the market’s hottest trades is entering a new phase and investors may not be ready to take advantage of it. In a note, Goldman analyst Guillaume Jaisson examined the HALO trade, a term coined by Ritholtz Wealth Management CEO Josh Brown, which is short for “asset heavy, low obsolescence” and
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Why hyperscaler stocks like Microsoft and Meta are lagging behind in AI trading 0
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- July 7, 2026
The stock market’s performance in the second quarter was historic on many levels. Major US indices posted their best returns since 2020. Semiconductors had their best quarter ever. But beneath the surface of the seemingly robust AI trade lurks a worrying divergence, a divergence that still has Wall Street strategists on edge. As chipmakers have
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