SpaceX plans to debut on Nasdaq in 2026 under ticker SPCX, sparking huge retail investor excitement. However, historical data shows that the hottest IPOs typically suffer an average 55% drop within their first year before stabilizing or rebounding. Examples like Meta, Snap, Uber, and Pinterest illustrate varied recovery paths, with some taking years to regain initial prices or never fully recovering. Experts advise investors to be cautious, avoid funding IPO buys by selling strong holdings, and consider dollar-cost averaging after the initial volatile months, as the first-year price action is often brutal but long-term gains can be substantial.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
