SpaceX debuted with $4.1 billion in quarterly revenue SpaceX debuted at a $2.1 trillion valuation, generating $4.1 billion in quarterly revenue while burning $9.1 billion in free cash flow. The company's top executive warned potential shareholders that SpaceX measures
Boomers should have $2M-$5M saved, says Caleb Hammer Caleb Hammer claims that US boomers should have saved between $2M and $5M. He based this claim on the assumption that if someone who was 25 in 1990 made an average US salary and saved 5% to 10% per month in the S&P
A man's father lost $250K to a scam A WhatsApp scam resulted in the loss of $250,000 from a couple's retirement savings. The scammer posed as a woman named Tanya, promising guaranteed returns and fast growth. The couple had built up their retirement nest egg over th
Lockheed Martin's $194 billion backlog drives growth Lockheed Martin's record $194 billion backlog spans 2.5 years of sales, driving growth in the defense sector. The company's shares are up 10% year to date and 13% over the past year, with a forward P/E of 17 and
SpaceX goes public with $1.8 trillion valuation SpaceX has raised $75 billion in the largest IPO of all time, valuing the company at nearly $1.8 trillion. The company will deploy the fresh capital into AI computing hardware, rocket and satellite parts, and more. The
Dow Jones futures to open Sunday evening amid U.S.-Iran deal news Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The Federal Reserve will hold its first meeting under new Chairman Kevin Warsh on June 16-17. The stock ma
SpaceX valued at $2.1 trillion after stock launch SpaceX is now worth $2.1 trillion after its stock launched 19.2% higher in its debut on Wall Street. The company's valuation could lead to its inclusion in high-profile stock indexes, such as the S&P 500. Index fu
Five stocks show bullish signs amid market rebound The stock market had a wild but winning week, with five companies showing strong moves. These companies include Krystal Biotech and Comfort Systems, which have made significant gains. The market's rebound i
SpaceX stock tokens see $37.5 million in trading volume Multiple SpaceX stock tokens are now available for trading on the Solana network. The SPCX token issued by Backpack recorded a 24-hour trading volume of $37.5 million. Other tokens, such as xStocks’ SP
Mortgage rates fell by up to 7 basis points The current 30-year fixed rate decreased by 1 basis point to 6.35%. The 15-year fixed rate fell by 7 basis points to 5.78%, and the 5/1 ARM decreased by 6 basis points to 6.30%. Mortgage refinance rates also decli
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