Wedbush analyst Dan Ives has initiated coverage on the newly public Space Exploration Technologies Corp. (NASDAQ:SPCX) with a highly bullish outlook, betting on the company’s emerging “demand flywheel” just as the stock prepares for massive passive capital inflows from its upcoming Nasdaq-100 inclusion on July 7. However, Wedbush’s $190 price target arrives amidst a fierce […]

Coinbase Global Inc. (NASDAQ:COIN) Chief Executive Brian Armstrong says tokenized stocks could fundamentally reshape global investing, pointing to a key metric to support his view. Tokenized Stocks Aim to Unlock Global Equity Access “There’s actually about four billion people in the world today who are unbrokered,” Armstrong said in an episode of Sourcery with Molly […]

The recent initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX) has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has surpassed $2 trillion, creating millionaires across the company, including engineers, technicians, and everyone who […]

Gorilla Technology Group Inc (NASDAQ:GRRR) shares are flying on Tuesday after the company announced a five-year agreement to deploy AI compute infrastructure at the NeutraDC Batam data center in Indonesia. Here’s what you need to know. Gorilla Tech Gr stock is showing exceptional strength. What’s driving GRRR stock higher? $2.5 Billion Contract Reshapes Gorilla’s Outlook […]

Read Also: AbbVie Says Nine-Year Data Reinforces Venetoclax Benefit In Leukemia Patients Biopharmaceutical giant AbbVie Inc. (NYSE:ABBV) announced Monday that it has agreed to acquire Apogee Therapeutics Inc. (NASDAQ:APGE) in a cash deal valued at approximately $10.9 billion. The deal strengthens its immunology portfolio and accelerates AbbVie’s expansion into respiratory diseases through a pipeline of […]

Economist Peter Schiff has warned that California faces a “mass exodus” of ultra-wealthy entrepreneurs, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg, if voters pass a proposed 5% billionaire wealth tax. Deconstructing the warning, Schiff highlighted the hidden danger of taxing unrealized asset valuations, which he claims will trigger severe capital flight and permanently erode […]

On Thursday, a federal appeals court cleared the way for Ohio to enforce a law requiring social media platforms to obtain parental consent before allowing users under 16 to access their services. Appeals Court Revives Ohio Social Media Law In a 2-1 decision issued, the 6th U.S. Circuit Court of Appeals overturned a lower court […]

Eos Energy Enterprises, Inc. (NASDAQ:EOSE) shares are trading higher on Tuesday after the company announced the launch of Battery Line 2 at its Thorn Hill manufacturing facility. This development is significant as it marks a major milestone in Eos’ efforts to scale its manufacturing capabilities. Battery Line 2 Launch The move is crucial for meeting […]