SpaceX gave its retail investors a painful and public lesson in how quickly momentum-fueled excitement can drain a brokerage account. The company priced its initial public offering at $135 on June 11, opened at $150 the next morning, and reached an intraday high of $176.52 later that session, CNBC reported. Within seven weeks, shares had
Michael Burry has never been shy about naming his targets. He put a specific number on just how far he thinks one of the market’s hottest AI stocks could fall, reviving a fight he has waged against the company for more than a year now. The warning landed even as the company itself keeps posting
Volkswagen just told investors it will cut 50,000 more jobs, and the market cheered. Shares of Europe’s largest automaker jumped after the announcement, a reaction that tells you a lot about what Wall Street wants from legacy car companies right now. For investors, a rising stock and a shrinking workforce point in the same direction,
Warren Buffett’s Berkshire Hathaway just made it clear that its interest in The New York Times isn’t a one-time move. After tripling its position in the first quarter of 2026, Berkshire (BRK.B) added even more New York Times (NYT) stock in the second quarter, growing its share count by more than 3.5%, according to Berkshire
Startups spend years courting brand-name investors to build credibility before they go public. Rarely does one of those investors also happen to be the company’s biggest supplier, and in a roundabout way, one of its own paying customers. Nscale, a two-year-old British AI cloud computing firm, is negotiating to raise up to $3.5 billion ahead
ChargePoint (CHPT) spent most of the past two years as a stock few investors wanted. Then it reported earnings, and sentiment changed quickly. The electric vehicle charging company beat expectations on both revenue and profit for its second quarter, and traders pushed the shares sharply higher. ChargePoint sells commercial-grade Level 2 and DC Fast charging
On the August 27, 2026 episode of Mad Money, a longtime viewer named Jeff from San Francisco listed his top five holdings for Jim Cramer’s diversification game. The five names, Alphabet, NVIDIA, Apple, Caterpillar, and Eli Lilly, span four sectors and would appear well-balanced under standard sector classification, 247 Wall St. reported. Cramer’s response flagged
Every few years, someone promises Americans a fix for the number on the corner gas station sign. Right now, that number reads $4.12 for a gallon of regular, according to AAA. In January, it read $2.81. That gap is one of the more expensive things to happen to American households this year, and almost none
As part of the carrier’s efforts to reach more high-fare travelers with its new Flagship Suite business class, American Airlines is retrofitting 67 Boeing 777 planes to feature more lie-flat and other premium seating. Twenty of the Boeing 777-300ER widebody jetliners in the carrier’s fleet are in the process of being equipped with the new
Amazon investors got a jolt on August 31 when federal regulators filed a new lawsuit against the company. The stock dropped almost immediately, and some shareholders started asking whether it was time to head for the exits. Jim Cramer had a blunt answer for anyone thinking about selling, and it doubles as a lesson in