SpaceX Stock Sinks Below $135 IPO Price as Starship Launch Approaches
SpaceX shares dipped below their $135 IPO price on Wednesday, closing at $135.27, as the stock's steady post-debut decline tests investor confidence ahead.
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SpaceX shares dipped below their $135 IPO price on Wednesday, closing at $135.27, as the stock's steady post-debut decline tests investor confidence ahead.
SK Hynix shares dropped over 15% in Seoul after its historic $26.5 billion Nasdaq debut, but Cleo Capital's Sarah Kunst argues the selloff is overshadowed.
Apple filed a federal lawsuit against OpenAI, alleging its hardware chief Tang Tan directed a coordinated campaign to steal unreleased prototypes.
SK Group Chairman Chey Tae-won expressed confidence that AI-driven chip demand will keep growing and revealed plans for a much bigger US investment strategy.
OpenAI executive Fidji Simo is leaving her full-time role as CEO of AGI deployment and transitioning to a part-time adviser after a severe neuroimmune.
SK Hynix priced its US ADR offering at $149 per share, a 3.1% premium over its Korea close, with the $26.5 billion listing oversubscribed more than seven times.
Multiple security checkpoints on TheStreet.com are blocking reader access across research and audit platforms, disrupting content delivery.
China's leading memory chipmaker CXMT is launching a $4.3 billion IPO after securing a $3 billion DRAM supply deal with Tencent, built on a domestic.
Bank of America handed OpenAI a $520 million credit line after initially rejecting the AI company, positioning itself for advisory roles in upcoming tech IPOs.
Chinese AI model maker Zhipu raised $4 billion in a discounted Hong Kong share sale after its stock surged 1,500% since its January listing.
Microsoft replaces OpenAI and Anthropic with its own MAI models in Excel and Outlook to slash AI infrastructure costs.
Apollo economist Torsten Slok says stagnant profit margins outside the Magnificent 7 threaten Big Tech's premium valuations.
Amazon launches an 11-part US dollar bond sale seeking at least $25 billion to fund its AI infrastructure.running infrastructure investments.
Microsoft eliminated 4,800 positions, with Xbox absorbing 3,200 cuts and divesting five studios in its biggest restructuring ever.
Broadcom and Apple extended their custom chip supply agreement through 2031, securing a critical revenue stream as Apple leans on external partners for RF.