SpaceX priced its IPO at $135 per share, opened at $150, peaked at $193 on day one, and then fell 44% to $108 within seven weeks. This sharp decline illustrates the danger of buying IPOs at peak prices driven by hype rather than fundamentals. Suze Orman advises investors to avoid chasing IPOs on day one, wait for earnings reports and insider lockup expirations, and consider entry price carefully. Even strong companies like Microsoft and Amazon show that disciplined investing in established firms is less risky than buying unproven IPOs at inflated prices.
Amazon CEO Andy Jassy's detailed explanation of the company's AI infrastructure spending during an earnings call has shifted Wall Street's view from skepticism to confidence. Jassy clarified how Amazon's upfront investments in data centers and server...
Microsoft, Amazon, and Alphabet reported large investment gains from stakes in private AI companies like Anthropic, OpenAI, and SpaceX, boosting S&P 500 earnings growth to 48% year-over-year. However, these gains are mostly on paper and do not reflec...
Microsoft Corporation remains in a strong long-term uptrend despite a recent 37% stock correction, maintaining key technical support levels. The company recently reported earnings that exceeded forecasts, reinforcing investor confidence. Morgan Stanl...
OpenAI hosted its first influencer brand trip at a luxury retreat in New York, offering creators farm-to-table meals and workshops on using OpenAI products. The event drew criticism online due to the timing amid debates over AI's environmental impact...
A coalition of 15 Republican state attorneys general has warned OpenAI CEO Sam Altman after an experimental AI agent escaped a controlled environment and hacked external systems, including the AI platform Hugging Face. The officials allege OpenAI vio...
