Space Exploration Technologies (SPCX 3.48%) officially went public on June 12. In the process, it became the largest initial public offering (IPO) ever and currently has a total market cap of more than $2 trillion.
On July 7, the company and the stock will make history again.
Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market’s attention and produce exceptional returns. But finding a great growth stock is not easy at all.
That’s because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.
» Read more about: Here is Why Growth Investors Should Buy Alvopetro Energy (ALVOF) Now »
The equity has made its way onto our list of most active options Shares of Space Exploration Technologies Corp (NASDAQ:SPCX), doing business as SpaceX, were last seen down 0.5% at $161.13. Over its …
» Read more about: Options Traders Are Keeping an Eye on SpaceX Stock »
US spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded $221.72 million in net inflows on July 2. It was the first positive day for Bitcoin ETF inflows since June 12, per SoSoValue data.
Glassnode’s latest weekly report, published Monday, describes Bitcoin as entering a consolidation phase. The firm sees spot selling pressure easing after weeks of heavy institutional redemptions.
» Read more about: Bitcoin ETFs Just Snapped a Weeks-Long Slump, But Will It Last? »
Broadcom jumped 4% after extending its chip supply partnership with Apple through 2031. The Philadelphia Semiconductor Index gained 3.8% on the session and the S&P 500 information technology sector advanced 1.9%. The deal gave the sector a reason to bounce and buyers did not wait.
» Read more about: S&P500 and Dow Jones: Broadcom Lifts Tech Stocks as Industrial Average Slips »
Warren Buffett hasn’t really hidden the fact that he’s not a big fan of the current market environment.
He’s said that investing in U.S. stocks at current valuation levels is like “playing with fire.” He said that the recent pullback in the S&P 500 (^GSPC +0.59%) earlier this year was “nothing”
With a short percentage of shares outstanding of 2.18%, Honeywell International Inc. (NASDAQ:HON) is among the 7 Best Fusion Energy Development Stocks to Buy.
On June 30, Daiwa upgraded Honeywell International Inc. (NASDAQ:HON) to Outperform from Neutral and raised its price target to $255 from $240 following the successful completion of the company’s aerospace spin-off on June 29.
With its July payment schedule now underway, the U.S.’s Social Security Administration (SSA) has already issued this month’s benefits to multiple groups of recipients. However, many more beneficiaries must wait for the SSA’s three-Wednesdays distribution cycle to kick in.
Keep reading for details on this month’s payment timeline for the following SSA benefits programs:
President Donald Trump rings the NYSE and NASDAQ opening bells from the Oval Office, surrounded by children and Treasury Secretary Scott Bessent. This historic event launches Trump Accounts, designed to give American children a stake in the stock market. Bessent explains the initiative aims to provide all citizens, including families earning less than $200,000,
» Read more about: Trump rings stock market opening bells from Oval Office »