SpaceX flirts with a further descent down the market-cap ranks
SpaceX has lost more than $1 trillion in market value since its peak, briefly landing it below Meta on the market-cap leaderboards.
This is a summary. Read the complete story at MarketWatch below.
Read full article at MarketWatchRelated Stories
Google makes a fresh bet on nuclear power as the AI energy crunch intensifies
Constellation’s stock is rising sharply following a deal that equates to as much power as would be supplied by a new nuclear reactor.
MarketWatch
America’s favorite index is misleading investors about the state of the stock market
For decades, the S&P 500 has been the preferred benchmark for monitoring the performance of the U.S. stock market. But these days, it is behaving less like a barometer of broad market health and more like a funhouse mirror.
MarketWatch
Wall Street is hyping AI. This fund manager is betting instead on fires, HVAC and Berkshire Hathaway.
The co-portfolio manager at Heartland Advisors urges investors to shut out Wall Street’s hype on AI and look for companies that can use its technology as costs come down.
MarketWatch