The China-based firm will consolidate its American Depositary Shares at a 1-for-25 ratio, effective June 25, 2026. Jinxin Technology (NAMI) will implement a reverse ADS split, reducing its ADS ratio from 18 ordinary shares per ADS to 450 ordinary shares per ADS. The move e
Anthropic and OpenAI prepare for potential 2026 IPOs after SpaceX's $85.7 billion raise and $2.43 trillion market cap debut. SpaceX completed its IPO on June 12, raising $85.7 billion at a $1.8 trillion valuation, now trading at a $2.43 trillion market cap. Shares surged 2
Nasdaq 100 futures signal a $1.15 trillion market-cap loss as AI-linked stocks and SpaceX extend declines. The Nasdaq 100 is poised to shed $1.15 trillion in market value after futures fell 2.5%, deepening a selloff in technology and chip stocks. SpaceX, which recently deb
Quick Read - Closing costs, property taxes, and insurance premiums can each add thousands of dollars to homeownership costs that buyers often overlook entirely. - HOA fees in some communities approach $1,000 monthly, and unexpected special assessments can force members to pay...<
Historical data shows national stock markets drop following a country's World Cup elimination, with global markets falling up to 5.4% in 2022. National stock markets tend to decline the day after a country’s World Cup loss, according to historical research. A 2006 study an
Quick Read - The IRS Rule of 55 eliminates the 10% early withdrawal penalty on 401(k)s for workers who separate from service in the year they turn 55. - Rolling a 401(k) into an IRA immediately kills Rule of 55 access, costing $40,000 in penalties on a $400,000 withdrawal before...</stron
Quick Read - Covering a $600 monthly student loan payment requires roughly $205,700 in blue-chip dividend stocks at 3.5% yield, or $72,000 in riskier BDCs at 10%. - A 3.5% dividend grower compounding at 7% annually produces nearly $28,000/year after 20 years, while a flat 10%...<
Space Exploration Technologies (NASDAQ: SPCX) (SpaceX) debuted on the stock market on June 12 as the largest initial public offering (IPO) in history, and after its one week, it was the world's sixth-most-valuable company, with a market cap of just over $2.43 trillion. Des
Deal values Arcosa at $150 per share, a 25% premium, and targets $175m in annual cost synergies within three years. Irish construction group CRH will acquire US-based Arcosa in an $8.5bn all-cash transaction. The deal offers Arcosa shareholders $150 per share, a 25% premiu
Stock index futures were sharply down on Tuesday as technology shares came under pressure, extending weakness seen earlier this week. Now, here are 5 news stories that broke overnight to watch out for: SpaceX Stock Slide: SpaceX (SPCX Stock index futures were sharply down
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