US stock futures climbed as the Dow Jones, Nasdaq 100, and S&P 500 rebounded following a recent sell-off, with markets closed Friday for Juneteenth. The Federal Reserve kept interest rates unchanged at 3.50%-3.75%, signaling no immediate hikes. Smith & Wesson surged 15.37% on better-than-expected earnings, while Freecast soared nearly 88% after a new reseller deal for Starlink Business services. Analysts remain optimistic on US equities, favoring large and mid-cap stocks amid AI trends and steady economic growth forecasts.
Arete initiated coverage of SpaceX with a 'Buy' rating and a $401 price target, highlighting the growth potential from Starlink V3 satellites expanding suburban broadband markets. Analysts praise SpaceX's engineering approach and its leadership in sp...
Bill Ackman praised SpaceX's strong market position following its $2.5 trillion valuation and smooth IPO debut. He noted SpaceX's ability to leverage its size for major deals, like acquiring AI startup Cursor, boosting its AI business potential. Ackm...
SpaceX's IPO, priced at $135 and raising $75 billion, surged 50% in three days, driving strong demand in space-themed ETFs. Leveraged ETFs offering concentrated SpaceX exposure launched rapidly, while broad equity and thematic space ETFs integrated S...
Tom Sosnoff, CEO of LossDog, predicts SpaceX (SPCX) stock will fall below its IPO price of $135 within 60 days, despite initial gains. He sold his shares early at $158, citing unsustainable market conditions and extreme volatility in options pricing....
SpaceX shares held steady in premarket trading after surging more than 40% following its historic IPO last week at $135 per share. The company briefly became one of the world's most valuable, with a market cap surpassing Amazon and Microsoft. Recentl...
