Key Points The biggest initial public offering (IPO) is now history. The blockbuster public debut of Space Exploration Technologies (NASDAQ: SPCX) earlier this month more than doubled the previous record, raising $85.7 billion. The stock has already been on quite a ride. Where does it go from here? Here’s what history suggests the next year ...
Technology companies continue to operate in an environment influenced by increasing digitalization, infrastructure modernization and evolving customer requirements across industrial and commercial markets. Within this backdrop, Acorn Energy, Inc. ACFN and Daktronics, Inc. DAKT are two technology companies serving different end markets with distinct operating models. ACFN provides remote monitoring and control solutions for critical ...
Key Points Elon Musk has been the wealthiest man in the world since 2024, and he reached trillionaire status for the first time when Space Exploration Technologies (NASDAQ: SPCX) stock briefly topped $200 a share in its first week of trading. However, SpaceX stock is now 26% off its highs, and Elon Musk is no ...
Tech investors and Wall Street are waiting for Taiwan Semiconductor or TSMC to kick-start the busy part of the second quarter earnings season when it reports on Thursday, July 16. The AI chip manufacturing powerhouse will provide Wall Street with critical insights into what’s next on the artificial intelligence front. TSMC might have to provide ...
Key Points Trade Desk’s stock fell 52% in the first half of 2026 amid slowing revenue growth and executive turnover. A public dispute with advertising giant Publicis Groupe weighed on the stock for months before the two sides settled in mid-June. CEO Jeff Green bought $150 million worth of company stock in April, signaling confidence ...
Advanced Micro Devices (AMD) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Shares of this chipmaker have returned +10.5% over the past month versus the Zacks S&P 500 composite’s +3.3% change. ...
Rave Restaurant Group, Inc.’s RAVE investors have been experiencing some short-term gains from the stock of late. Shares of this Dallas, TX-based operator of pizza restaurants have jumped 35.4% in the past three months against the industry’s 1.2% decline. The stock also outperformed the sector and the S&P 500’s 1.8% loss and 9.8% gain, respectively, ...
Key Points Meta reportedly plans to put its in-house “Iris” AI chip into production in September, with Broadcom helping design it and TSMC manufacturing it. The company reportedly plans to deploy 7 gigawatts of computing capacity this year and double that to 14 gigawatts in 2027. Meta expects 2026 capital expenditures of $125 billion to ...
Chevron Corporation CVX is expanding beyond its traditional oil and gas business by entering one of the fastest-growing markets in the global economy — artificial intelligence (“AI”) infrastructure. The company recently signed a 20-year power purchase agreement with Microsoft Corporation MSFT to develop a dedicated natural gas-fired power facility for a West Texas data center. ...
Key Points Netflix co-founder and longtime CEO Reed Hastings left the board at the beginning of the month. Media outlets reported that the company had put in a bid for Roku and was interested in Lionsgate. The stock is down more than 40% from a year ago as its valuation may have gotten stretched. 10 ...
