SpaceX plans to go public on June 12 with a valuation potentially reaching $1.75 trillion, making it one of the largest IPOs ever. While this offers retail investors a rare chance to own a leading space company, history shows that nearly 64% of IPOs underperform the market in their first three years. High initial valuations and first-day price spikes often lead to disappointing returns, especially for retail investors who buy after institutional investors. Additionally, the IPO might pressure other tech and aerospace stocks as funds rebalance. Investors are advised to be patient and watch how the stock performs in the quarters following the IPO before investing heavily.
Bill C-22 in Canada faces strong opposition from tech leaders and experts who warn it threatens the digital economy by undermining data privacy and encryption. Quebec's tech sector, especially in AI and cloud infrastructure, could lose investments, t...
CoreWeave expects to exceed a $30 billion annualized revenue run-rate by fiscal year 2027, supported by a $99.4 billion backlog and over 75% contracted capacity for 2027. The company's growth is driven by increasing power capacity and higher pricing ...
Google is integrating its AI-powered Gemini technology with Fitbit data in a new Google Health app, aiming to enhance fitness tracking and coaching. This innovation is expected to extend to Google's upcoming smart glasses, potentially offering real-t...
Meta Platforms reported a strong first quarter with 33% year-over-year revenue growth and a 62% increase in earnings per share, driven by improved AI-powered ad targeting. While Reality Labs continues to impact profitability negatively, the company’s...
President Donald Trump made significant stock purchases worth between $220 million and $750 million in the first quarter of 2026, including shares in tech giants like Nvidia, Oracle, and Microsoft, as well as defense companies such as Palantir and Bo...
