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.
Meta Platforms is reportedly considering a large stock offering to raise tens of billions of dollars to support its investments in artificial intelligence, following Alphabet's recent move to do the same. This shift from primarily issuing debt to rai...
Meta has integrated facial recognition code into its smart glasses companion app, Meta AI, which has been downloaded over 50 million times. The feature, called "NameTag," can biometrically identify people in view and notify the wearer, storing biomet...
Meta's shares dropped more than 5% following reports that the company might raise tens of billions of dollars through a stock offering to fund its artificial intelligence initiatives. This move would follow Alphabet's recent announcement to raise $85...
Meta embedded facial recognition technology called "NameTag" into its AI companion app for smart glasses, downloaded by over 50 million users, though the feature is not yet activated. The tech can create biometric faceprints from people seen by the g...
New analysis from TS Lombard predicts that the US will invest about 2% of its GDP in artificial intelligence and data center infrastructure in 2026, totaling up to $800 billion. This investment surpasses that of any other country and is comparable to...
