Key Points Intel’s foundry business has gained solid momentum lately, and a new deal with Google suggests its performance will improve further. Intel is trading at an expensive valuation right now, but the stock could keep rising as the company can keep delivering better-than-expected growth. 10 stocks we like better than Intel › Intel (NASDAQ:…
Key Points The SpaceX initial public offering (IPO) is nearly upon us. If you’re interested in participating, or even just following along, it’s critical that you read the company’s IPO prospectus. By reading the prospectus, you’ll encounter many surprising claims. SpaceX, for example, wants to pioneer a “multiplanetary” civilization, powered by orbital data centers, artificial…
Key Points Baron’s fund made a major investment in SpaceX Founder Elon Musk’s other company, Tesla, between 2014 and 2016, and has since generated tremendous gains. Baron and his fund also invested big in SpaceX starting in 2017. Baron thinks the sky is the limit for SpaceX, which could go public as soon as Friday….
Key Points SpaceX will debut at $135 per share and a market value of about $1.77 trillion. SpaceX’s future relies on the development of its massive, fully reusable Starship rocket. Low launch costs could make orbital data centers viable, creating a business generating hundreds of billions in annual revenue. 10 stocks we like better than…
Key Points One sentence buried in SpaceX’s amendment to its original S-1 filing is a potential warning to investors. SpaceX could be planning to dilute its shares to fund a massive acquisition. The company’s warning also raises concerns about its corporate governance. These 10 stocks could mint the next wave of millionaires › Companies often…
Key Points SpaceX is getting ready to go public. With a targeted valuation of $1.77 trillion, SpaceX would instantly become one of the biggest IPO stocks in history. Every investor should be asking themselves one question: Where exactly is this valuation coming from? Digging into the company’s IPO prospectus is the best way to find…
Key Points Apple’s iPhone revenue rose 22% in its most recent quarter, a March quarter record. Apple could launch its first foldable iPhone alongside the iPhone 18 lineup this fall. Apple stock continues to trade at a premium valuation. 10 stocks we like better than Apple › Most of the recent conversation around Apple (NASDAQ:…
Key Points The SpaceX IPO (initial public offering) is expected to take place on June 12. The company’s public debut is expected to break records. Reports suggest that SpaceX is targeting a $1.77 trillion valuation, with hopes to raise up to $75 billion in fresh capital. It’s hard to put SpaceX into a box. While…
Key Points Tesla’s China retail sales rose 22.5% year over year in May, the first such gain since February. The Model Y led Tesla’s wholesale rebound, helped by a refreshed lineup and aggressive financing offers. Year to date, Tesla’s China retail sales still trail last year. These 10 stocks could mint the next wave of…
Key Points At its Worldwide Developer Conference (WWDC) this week, Apple unveiled a revamped Siri. The AI-powered digital assistant will be available on iPhones this fall. Some analysts are betting that Apple stock will get a big boost thanks to AI. 10 stocks we like better than Apple › That long-awaited moment has arrived. After…