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Is SpaceX's IPO the Start of a New AI Stock Market Boom?
SpaceX shares opened their second week of public trading on a positive note Monday as US stock futures surged on the Iran peace deal news. The stock, trading as SPCX on the Nasdaq, closed its first week at $161.11, up 19% from its $135 IPO price, and was tracking higher in pre-market activity Monday morning. The company's inclusion timeline in major indexes, including the S&P 500 and MSCI global benchmarks, is being closely watched by institutional investors who must eventual
2 days ago2 min read


Dow Jumps 350 Points as Wall Street Closes Strong Week on Peace Hopes and SpaceX Rally
Wall Street closed out the week on a high note Friday, with all three major indexes posting gains as investors digested SpaceX's blockbuster Nasdaq debut alongside growing optimism over a potential US-Iran peace agreement. The S&P 500 rose 0.5% to finish at 7,431.46, the Nasdaq Composite added 0.31% to close at 25,888.84, and the Dow Jones Industrial Average jumped 353.51 points, or 0.7%, to settle at 51,202.26. Goldman Sachs, Verizon, and JPMorgan led the Dow's gainers, clim
4 days ago2 min read


Oil Slides Toward $85 as Gas Prices Drop 40 Cents on Iran Peace Hopes
Oil prices fell again on Friday, with crude slipping roughly 2% to trade near $85 a barrel as growing confidence in an imminent US-Iran peace deal continued to ease fears of a prolonged disruption to Middle East energy supplies. The decline builds on weeks of gradual easing in crude prices since the most acute phase of the conflict, and AAA data shows the relief is now reaching consumers directly: average US gasoline prices have fallen approximately 40 cents per gallon compar
4 days ago2 min read
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