tldrdailynews.com logo
Tag

Nasdaq 100

All articles tagged with #nasdaq 100

Galloway Says SpaceX Is Grossly Overvalued, Even After Rally
business6 days ago

Galloway Says SpaceX Is Grossly Overvalued, Even After Rally

NYU professor Scott Galloway argues SpaceX's post-IPO valuation (~$1.8 trillion) is vastly overstated, estimating a fair value of roughly $10–$30 per share. He points to a tiny initial float and its Nasdaq-100 inclusion as factors driving the rally, notes a recent $25 billion bond sale as evidence investors are betting on AI-infrastructure rather than rockets, and sees potential downside despite some bears; he wouldn’t short the stock because Musk’s ability to spark enthusiasm could push the price higher.

via Business Insider|
#business#nasdaq-100#scott-galloway
business14 days ago

CoreWeave rides AI cloud demand surge to $2.6B quarterly revenue, $104B backlog

CoreWeave reported Q2 2026 revenue of $2.575B with a net loss of $626M but adjusted EBITDA of $1.51B and adjusted operating income of $128M, as demand for its AI-focused cloud accelerates. Revenue backlog stood at about $104B as of June 30, 2026, with major enterprise and AI-lab wins and rapid infrastructure expansion (roughly 1.5 GW active power and ~3.7 GW contracted). The company also announced financing and partnerships (a $3.1B term loan, a $1B investment from Jane Street) and was selected for the Nasdaq-100, with forward guidance to be provided on the earnings call.

via CoreWeave|
#ai-infrastructure#business#coreweave
SpaceX unlocks more than 900M shares, boosting float and market implications
markets19 days ago

SpaceX unlocks more than 900M shares, boosting float and market implications

More than 911.5 million SpaceX Class A shares will unlock Thursday, doubling the publicly tradable float since the IPO and potentially weighing on the stock after earnings showed larger AI-related capex; the stock closed around $108.27 amid a recent decline. The larger float could raise SpaceX’s weighting in the Nasdaq-100 to above 3.5% after the September rebalance, depending on performance. Musk’s Class B shares remain locked for a year, delaying potential sales.

via cnn.com|
#ipo#lockup#markets
SpaceX unlocks 911 million shares, doubling public float and nudging Nasdaq weight
markets19 days ago

SpaceX unlocks 911 million shares, doubling public float and nudging Nasdaq weight

More than 900 million SpaceX shares (about 911.5 million) are set to unlock today, more than doubling the publicly tradable float and allowing some employees and early investors to sell. The move comes after SpaceX’s volatile post-IPO period, including a slide after earnings and AI-related capital expenditure concerns, with SPCX trading around $108 and down from its peak and IPO target of $135. The unlock could weigh on the stock in the near term, and it coincides with a potential increase in SpaceX’s weighting in the Nasdaq 100 after the September rebalance; Musk’s Class B shares remain locked for a year after the IPO. This is the first in a slate of lockups expected over the next year, reshaping liquidity and investor dynamics for SpaceX.

via CNN|
#ipo#lockup#markets
Nasdaq-100 posts one of its most bullish days in a decade as call bets surge
business19 days ago

Nasdaq-100 posts one of its most bullish days in a decade as call bets surge

Stocks rallied on Tuesday with the S&P 500 up nearly 6% and the Nasdaq-100 rising about 3%; bullish bets surged as one-standard-deviation out-of-the-money QQQ calls jumped 42%, the strongest single-day move in five years and ninth-largest in a decade. The rally came amid rising VIX alongside stocks, supported by robust earnings expectations (S&P Q2 earnings seen up about 47%) and improving market momentum, signaling one of the Nasdaq-100’s most bullish days in ten years.

via CNBC|
#bullish-bets#business#market-rally
Chip rout drags Nasdaq-100 into correction ahead of earnings season
business28 days ago

Chip rout drags Nasdaq-100 into correction ahead of earnings season

Chip and memory stocks led a broad sell-off that pushed the Nasdaq-100 briefly into correction territory (about a 10% drop from its high) as Sandisk, Western Digital, Seagate, Micron and AMD fell roughly 10% and Dell slid ~13%; Samsung Electronics and SK Hynix retreated more than 15% in Asia, with equipment makers like ASML down after a report—unverified—that a Chinese state-backed firm began mass-producing domestic chip tools. The move occurs ahead of key earnings reports from Meta, Amazon and Microsoft and amid ongoing AI-related capex, with JPMorgan forecasting AI spending near $870 billion by 2026. Apple rose, helping buoy large indices as the broader market remained resilient.

via NBC News|
#ai#business#earnings-season
AI Spending Tightens the Tie Between Wall Street and Korea’s Chipmakers
business28 days ago

AI Spending Tightens the Tie Between Wall Street and Korea’s Chipmakers

AI demand is linking Wall Street’s tech winners with Korea’s memory-chip giants (Samsung Electronics and SK Hynix), pushing the Kospi–Nasdaq 100 60-day correlation near 0.5 and making Korea an early read on AI trends. Yet the closer tie reduces diversification benefits and raises risk if hyperscaler capex slows, even as factors like product mix, U.S. onshoring, and China’s memory-chip push could eventually drive divergence.

via CNBC|
#ai#business#diversification
SpaceX Stock Dips Below IPO Price Amid Post-IPO Volatility
business1 month ago

SpaceX Stock Dips Below IPO Price Amid Post-IPO Volatility

SpaceX briefly traded below its $135 IPO price intraday before finishing at $135.27, marking the first dip below the IPO price since listing and underscoring post-IPO volatility. The IPO valued SpaceX at about $2.2 trillion, and investors are watching upcoming lock-up expirations and the company’s heavy AI push (Cursor acquisition and the xAI merger) as spending and debt concerns persist.

via Los Angeles Times|
#business#elon-musk#ipo
SpaceX IPO Stumbles but Sits Just Above Offering Price
markets1 month ago

SpaceX IPO Stumbles but Sits Just Above Offering Price

SpaceX (SPCX) closed at 136.08, only about $1 above its $135 IPO price after three days of losses, leaving the stock near its debut level as it slips from post‑listing highs and erases roughly $850 billion in value. The company was added to the Nasdaq-100 last week, and despite a bullish Wall Street consensus with targets around $236, the stock faces ongoing volatility as insiders are set to unlock and dump shares in the coming months.

via Yahoo Finance|
#ipo#lock-up#markets
SpaceX Stock Dips Again, Retreating Toward IPO Price
business1 month ago

SpaceX Stock Dips Again, Retreating Toward IPO Price

SpaceX’s SPCX fell for a second straight session, trading near its $135 IPO price after pulling back from the debut; the stock’s move followed SpaceX’s addition to the Nasdaq-100, which drew buying from index funds, and came as the FAA cleared Starship Flight 13 to proceed after a May test, providing regulatory momentum while investors assess the company’s AI and space ambitions.

via Yahoo Finance|
#business#ipo#nasdaq-100
SpaceX Stock Tumbles After Nasdaq Debut Amid Profitability Doubts
business1 month ago

SpaceX Stock Tumbles After Nasdaq Debut Amid Profitability Doubts

SpaceX shares slid after joining the Nasdaq-100, briefly dropping below its IPO price and trading around $148 as of late, down about 13% in five days and 35% from its June high. The decline underscores concerns that SpaceX’s huge valuation isn’t matched by profits, with nearly $5 billion in losses on over $18.5 billion in revenue last year, compounded by the xAI merger burn and rival Blue Origin’s fundraising. Despite the headwinds, some banks have bullish price targets, suggesting optimism about AI-in-space potential.

via Futurism|
#business#elon-musk#nasdaq-100
SpaceX Slump Triggers Fresh Questions Over Sky-High Valuation
business1 month ago

SpaceX Slump Triggers Fresh Questions Over Sky-High Valuation

SpaceX shares slipped to about $145 after its Nasdaq-100 debut, down roughly 35% from a mid-June high as investors grapple with a near-$2 trillion valuation and ongoing profitability concerns, despite bullish price targets from banks. The pullback comes as SpaceX’s merger with xAI burns billions and Blue Origin raises funding at a high valuation, all amid broader market headwinds for tech stocks.

via Yahoo Finance|
#blue-origin#business#nasdaq-100