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SpaceX targets $1.8T Nasdaq IPO amid AI debate; Apple eyes AI gains; Oracle earnings in focus.

Market News
07 Jun 2026
Seeking Alpha
View Source
Bullish
pluang ai news

SpaceX is set to launch what could be the largest IPO by valuation on Nasdaq, aiming for a $1.8 trillion value with strong demand but some skepticism over its AI business projections. Apple is expected to highlight AI and Siri monetization at its upcoming developer conference, with analysts forecasting significant stock upside. Oracle's upcoming earnings report is anticipated to show strong AI cloud growth, though concerns remain about backlog conversion and balance sheet health. Additionally, Marvell and Flex will join the S&P 500, with Marvell noted as a potential future $1 trillion semiconductor company.

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