Wall Street is telling us how it really feels about SpaceX as it enters the Nasdaq
SpaceX has blasted off, and now Wall Street thinks the stars are the limit.
Elon Musk’s rocket company made its debut on the Nasdaq 100 index on Tuesday, weeks after raising $85.7 billion in the largest IPO in history.
Joining the Nasdaq opens SpaceX to a wave of passive buying,
Read MoreNvidia Is a $4.7 Trillion Company. Here's How Close It Is to Retaking $5 Trillion.
Bitcoin ETFs Snap 5-Day Outflow Streak With $352m Inflows: Is Wall Street Money Coming Back?
Bitcoin is holding near $64,033, up 0.76% over the past 24 hours and roughly 6.3% higher on the week, a modest but meaningful recovery that has traders asking whether institutional money is finally returning in force. The answer, based on the flow data, is: cautiously yes.
Spot Bitcoin exchange-traded funds (ETFs,
Read More8 states tax Social Security, 42 leave it alone: Here’s the list
Social Security is a lifeline for many retirees. Surveys have shown up to 39% of retirees said the program accounts for the entirety of their retirement funds, while up to 14% said it accounts for their only major income source.
Recognizing the vital role the program plays for many, the majority of states exempt Social Security income from taxation.
» Read more about: 8 states tax Social Security, 42 leave it alone: Here’s the list »
Read MoreTesla vs. BYD: Here Is My Pick in This EV Showdown
Quick Read
-
BYD (BYDDF) self-funds a 1.5M-unit export ramp while Tesla (TSLA) races toward a $25B CapEx cycle that turns free cash flow negative.
-
Prediction markets give Tesla just a 10% chance of launching California robotaxis by year-end 2026, exposing its 382x trailing P/E as promise-dependent.
» Read more about: Tesla vs. BYD: Here Is My Pick in This EV Showdown »
Read MoreThe Burst
UnitedHealth Could Get Worse Before It Gets Better
After a punishing first half of the year, UnitedHealth’s latest earnings report delivered another gut punch.
The stock, which had already been cut in half year-to-date by July 31, slid even further following the release.
Between deteriorating fundamentals, mounting regulatory pressure, and a brutal earnings revision, it’s fair to ask whether UnitedHealth finally hit bottom,
» Read more about: UnitedHealth Could Get Worse Before It Gets Better »
Read MoreThe Ivy
1 Solar Sleeper Stock That Still Has Room to Shine
When Nextracker went public two years ago, few investors expected it to triple so quickly.
But after such a run, is it too late to buy? Or is this “picks and shovels” play on the clean-energy revolution still undervalued?
Key Points
-
Nextracker controls about a quarter of the global solar tracker market.
» Read more about: 1 Solar Sleeper Stock That Still Has Room to Shine »
Read MoreThe Spotlight
3 Safe-Haven Stocks to Buy Now as the Market Sells Off
With the S&P 500 now in correction and stocks selling off quickly, investors are understandably looking for safe-haven stocks to preserve their capital and keep their portfolios guarded from potentially turbulent market conditions ahead.
Luckily, there are still several companies that could offer some degree of security. Among the safest stocks to buy now for both current security and potential long-term returns are Abbott Labs,
» Read more about: 3 Safe-Haven Stocks to Buy Now as the Market Sells Off »