SpaceX went public with a valuation close to $2 trillion, marking a significant milestone for the company. Investor Shaun Maguire praised Elon Musk as a visionary entrepreneur and highlighted SpaceX's potential for dramatic growth, driven by projects like Starship and Starlink. Maguire forecasts revenues in the hundreds of billions by 2030, comparing SpaceX's impact on space to historic breakthroughs like railroads and sailboats. He plans to hold his shares long-term, emphasizing the vast opportunities in space exploration ahead.
The Magnificent Seven—Microsoft, Apple, Alphabet, Amazon, Meta, Nvidia, and Tesla—dominate major U.S. indexes like the S&P 500 and Nasdaq-100. Investors can now choose ETFs that either concentrate solely on these tech giants, like the Roundhill Magni...
Last week, investors shifted their focus from large-cap tech stocks, especially the 'Magnificent Seven,' to smaller and micro-cap stocks, favoring value over growth for the second week in a row. This rotation saw inflows into sectors like Blockchain,...
Google has filed a lawsuit against Outsider Enterprise, an alleged Chinese cybercrime network using AI to send scam texts impersonating Google and other brands to steal passwords and credit card data. The group reportedly scammed hundreds of thousand...
SpaceX reported $4.9 billion in losses in 2025, driven mainly by its AI division, which includes the social media app X and xAI. Despite this, its Starlink satellite internet service generated $1.19 billion in operating profit in Q1 2026 and is expec...
Altimeter Capital, led by Brad Gerstner, fully exited its 519,290 shares in Alphabet in Q1 2026, shifting its investment to two new positions: 1.7 million shares in Arm Holdings and nearly 149,000 shares in Axon Enterprise. This move reflects a strat...
