Morgan Creek Capital founder argues SpaceX's 4 percent public float and Musk's 46 percent stake create illiquid, cult-like investment dynamics. Morgan Creek Capital founder Mark Yusko equated SpaceX to Dogecoin, citing a 4 percent public float and Elon Musk's 46 percent ow
First Hawaiian, Inc. (NASDAQ:FHB) has agreed to acquire TriCo Bancshares (NASDAQ:TCBK), a combination the bank said will create the leading Pacific banking franchise and accelerate its expansion on the US mainland. First Hawaiian described the transaction as a strategic st
Retail investors sell Apple and Tesla stocks amid market rotation Retail investors are cashing out of stocks like Apple and Tesla, while buying into other companies. The selling is part of a broader rotation in the market, with investors chasing newer stories. Re
Johnson & Johnson raised full-year revenue guidance after oncology drugs offset biosimilar pressure, while Coca-Cola saw pricing-driven gains. Johnson & Johnson reported Q1 2026 revenue of $24.062 billion, up 9.9% year over year, with adjusted EPS of $2.70. Oncology drugs
Greenfire Resources Ltd. (NYSE:GFR, TSX:GFR) plans to raise at least C$575 million through a rights offering to help fund its proposed acquisition of Connacher Oil and Gas Limited, with majority shareholder Waterous Energy Fund backstopping the entire amount. The Calgary-b
YieldMax TSLA-focused ETF reduces its weekly distribution by 4.78% amid a 25% annual target rate. YieldMax’s TSLA Performance & Distribution Target 25 ETF (TEST) declared a weekly distribution of $0.2153, down 4.78% from last week’s $0.2261. The fund targets a 25% annual d
The chipmaker’s stock fell under its $170 opening price, mirroring SpaceX’s post-IPO decline amid valuation concerns. SK Hynix shares dropped below their $170 IPO price on day one, correcting faster than SpaceX’s similar retreat. The stock had peaked at $177 before reversi
YieldMax's NVIT ETF increases its weekly distribution by 6.19%, reflecting a 25% annualized rate and 2.12% SEC yield. YieldMax’s NVIT ETF announced a weekly distribution of $0.2401, a 6.19% increase from the prior week’s $0.2261 payout. The move lifts the annual distributi
Investors react to SK Hynix’s $26.5 billion Nasdaq listing and Intel’s potential entry into memory chip competition. Intel (NASDAQ: INTC) stock declined 4.3% by midday trading as concerns over memory chip market dynamics resurfaced. The drop followed SK Hynix’s (NASDAQ: SK
The Industrial Select Sector SPDR Fund returned 17.89% since December 31, 2025, slightly ahead of GE Aerospace’s 16.95% gain. The Industrial Select Sector SPDR Fund (XLI) delivered a 17.89% return from December 31, 2025, to July 10, 2026, marginally outperforming GE Aerosp
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