It’s usually not by eagerly scooping up shares of a company before it has met the standards of inclusion for key indices like the S&P 500.
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Anthropic is in talks to acquire startup Decart, which makes software that helps reduce the cost of training and running AI.
Portfolio managers expect both big waves and ongoing ripples as indexes, passive strategies and active investors adjust to blockbuster tech IPOs.
Following the company’s earnings call yesterday, a stock lockup expiring tomorrow could flood the market with more shares.
About 86% of reporting S&P 500 companies exceeded consensus earnings-per-share estimates in Q2, but plenty of pitfalls may stymie performance.
On Thursday, employees and early investors will be able to sell another 911 million shares worth some 12% of the company
The $266 million Space Force deal covers at least 12 suborbital launches, with the first set for later this year.
Value funds are holding the aerospace and satellite communications company despite a sky-high market capitalization.
Customers opened 1.4 million new brokerage accounts in the quarter and daily average trades hit a record 11.9 million.
Morningstar’s Kenneth Lamont said thematic ETFs “appeal to investors’ worst instincts.”
In its IPO prospectus, SpaceX said that Starlink accounted for just over 60% of its $18.7 billion in revenue last year.
Subversive ETFs filed to launch two funds that specifically exclude companies associated with the world’s richest man.
Blackrock announced the launch of IQQ, joining Invesco and State Street to offer a Nasdaq-100 tracking ETF.
Opinions ranged from “bullish” to “extremely bullish” among the four big banks that led the SpaceX IPO, as each initiated coverage on Tuesday.
Despite being one of the largest companies by market cap, SpaceX won’t be among the heaviest-weighted names in the index.
The spinoff has investors taking a fresh look at the sector, now split between old-school telecom and the AI-heavy giants crowding into the space.