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Tema Space Innovators ETF (NASA) tops $1B AUM in 37 days, driven by SpaceX IPO excitement.

Market News
24 May 2026
Blockonomi
View Source
Bullish
Tema Space Innovators ETF (NASA) tops $1B AUM in 37 days, driven by SpaceX IPO excitement.

The Tema Space Innovators ETF (NASA) reached $1.27 billion in assets under management just 37 trading days after its March 31 launch, becoming the largest space sector ETF. This rapid growth was fueled by a $375 million inflow following SpaceX's S-1 filing ahead of its anticipated IPO. NASA is unique as the only space ETF offering access to SpaceX shares through a special vehicle, though SpaceX's portfolio weight has dropped from 10.3% to 4.6% due to capital inflows diluting private holdings. Despite this, NASA outperformed competitors with a 46% return since launch, highlighting strong investor demand for space industry exposure before SpaceX goes public.

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Sandisk enters the S&P 100 as Nike exits the index on the same day.

Sandisk enters the S&P 100 as Nike exits the index on the same day.

On September 21, 2026, Sandisk was added to the S&P 100 index, replacing Nike, which was removed on the same day. This change reflects shifts in market capitalization and company performance within the index. The update is significant for investors t...

Market News
Neutral
2 hours ago
Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Analysts raise bullish targets for ServiceNow despite recent stock volatility.

Several top analysts, including Cantor Fitzgerald, Guggenheim, Morgan Stanley, and BTIG Research, have raised price targets and upgraded their outlooks for ServiceNow, signaling confidence in the company's long-term growth. Despite this, the stock ha...

Analyst Insights
Bullish
2 hours ago
Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Colgate-Palmolive cuts price target amid North America challenges, plans growth via premium products and brand sales.

Piper Sandler lowered Colgate-Palmolive's price target to $95 due to weak North American demand and rising competition. The company is responding by focusing on premium oral care innovations, expanding the Fabuloso line, increasing advertising, and c...

Market News
Neutral
3 hours ago
MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll Q3 2026 earnings expected at $0.35 EPS, $941M revenue amid mixed segment performance and tariff challenges.

MillerKnoll is set to report Q3 2026 earnings with analysts expecting $0.35 EPS and $940.93 million in revenue. The North America Contract segment shows strength with higher prices and volumes, while the Global Retail segment struggles due to tariffs...

Company Fundamentals
Neutral
3 hours ago
Investors in Ardelyx face lawsuit over alleged misleading revenue guidance and stock drop.

Investors in Ardelyx face lawsuit over alleged misleading revenue guidance and stock drop.

Faruqi & Faruqi, LLP is investigating claims against Ardelyx for allegedly misleading investors about the commercial performance of its drugs XPHOZAH and IBSRELA. The lawsuit alleges Ardelyx failed to disclose increasing payer restrictions that hurt ...

Market News
Bearish
4 hours ago
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