A $1.8 trillion debut could force passive funds to chase scarce shares, distorting valuations upon NASDAQ inclusion. SpaceX plans a June 12, 2026 NASDAQ listing at a $1.75 to $1.8 trillion valuation, creating a potential supply shock. The company’s 366-day lock-up on all f
LLY’s obesity and diabetes drug franchise generated $13 billion in Q1 2026 revenue, driving optimism for its stock target. Eli Lilly’s GLP-1 drugs, Mounjaro and Zepbound, delivered nearly $13 billion in combined revenue during Q1 2026, reinforcing its dominance in the obes
The telecom giant introduces lower-priced fiber options to counter rivals Verizon, T-Mobile, and satellite providers like Starlink. AT&T rolled out four new fiber internet plans with speeds ranging from 300 Mbps to 5 Gbps, aiming to retain customers amid fierce competition
Quick Read - Google funds all infrastructure for its 750 MW XEL campus, saving Minnesota ratepayers up to $1.5 billion over 15 years. - Xcel raised its five-year capital plan 33% to $60 billion, heavily weighted toward transmission and renewables. That focus aligns precise
CEO highlights $54 trillion market cap served as company shifts to unified platform strategy and AI integration. BlackLine executives outlined plans to accelerate revenue growth through platform pricing, artificial intelligence, and deeper enterprise adoption. The company,
Crypto exchange HTX suspends services for Trump-backed WLFI token and USD1 after on-chain addresses were frozen over sanctions concerns. Crypto exchange HTX suspended trading for WLFI and USD1 tokens after the Trump family-backed WLFI project froze HTX-related on-chain add
Senator Warren demands Jensen Huang explain Nvidia’s $4.5 billion China exposure amid tightening U.S. export controls on AI chips. Sen. Elizabeth Warren has called on Nvidia CEO Jensen Huang to testify before Congress, accusing the company of undermining U.S. export restri
Dow industrials, S&P 500 and Nasdaq fell on Friday The Dow industrials, the S&P 500 and the Nasdaq ended the week with losses. The market rally broke key support, with the Nasdaq being the most affected. The stock market power trend remains intact despite the los
Novo Nordisk’s oral Wegovy outperforms projections, potentially reversing the stock’s 40% three-year decline amid GLP-1 market competition. Novo Nordisk’s Wegovy pill has exceeded market expectations, offering a potential turnaround for its stock after a 40% drop over the
Investors sold off AVGO after Q2 FY26 results, citing unchanged AI revenue guidance despite earnings exceeding expectations. Broadcom (AVGO) shares plunged nearly 14% this week as Wall Street reacted negatively to the company’s Q2 FY26 update, despite beating Street foreca
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