Michael Burry evaluates put options on SpaceX but opts against betting against the company despite skepticism over its valuation. Michael Burry, known for predicting the 2008 housing crash, has expressed skepticism about SpaceX’s $3 trillion market valuation. The investor
Quick Read - REM passes its mREIT dividends through to investors, making its payout hostage to two holdings that control 36% of net assets. - Annaly raised its quarterly payout to $0.70, while AGNC has held its $0.12 monthly distribution steady for 24 consecutive months,... <
Quick Read - Oracle (ORCL) earns a BUY with a $250 price target, as its $638 billion backlog surged 363% year over year. - CFO Safra Catz projects OCI revenue growing from $18 billion to $144 billion within five years on surging AI infrastructure demand. - Act now: the analyst...
Xanadu Quantum Technologies becomes the first pure-play photonic quantum computing firm to list, competing with IonQ in the emerging sector. Xanadu Quantum Technologies began trading on NASDAQ on March 27, positioning itself as the first public company focused solely on ph
Investors who sold SpaceX shares early missed out on gains as the stock surged nearly 50% from its $135 IPO price. Retail investors who sold SpaceX shares shortly after its June 12 debut are estimating missed gains of up to $60,000 as the stock rallied sharply. Allen Tran,
The AI cloud provider secured new contracts lifting its backlog to $99 billion, including a $21 billion Meta commitment. CoreWeave’s AI infrastructure backlog reached $99 billion after adding $32 billion in new contracts, including a $21 billion deal with Meta. The company
Analysts set a $81.85 price target for Realty Income after Q1 AFFO growth and raised 2026 investment guidance to $9.5 billion. Realty Income (NYSE: O) received a high-conviction buy rating with a $81.85 price target, suggesting 32% upside from its $62.17 close on June 16,
The 91-year-old grocery chain cites underperformance and rising costs as it closes locations in Danville and San Francisco. Lucky Supermarkets will close two underperforming California locations in the coming weeks, marking the latest grocery chain to reduce its footprint
For years, Wolfe Research maintained a long-standing avoidance strategy on Palantir (PLTR), keeping a bearish "Underperform" rating on the stock due to concerns over its steep valuation multiples. On Tuesday, June 16, that changed, though not by much Wolfe analysts
Serving over 10,000 students in healthcare and online education, sector leader Covista Inc (NYSE:CVSA), just reported a sale by its top executive in recent filings. Beard, Chairman & CEO of reported the sale of 5,291 shares in multiple open-market transactions on June 10 a
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