SpaceX IPO Countdown Begins: $50B Raise Possible in June, Sending EchoStar Up 7%
EchoStar jumps on fresh reports of SpaceX planning a massive confidential IPO filing as soon as March 2026, targeting a huge $1.75+ trillion valuation.
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AI Credit Fears Strike Back: Crushing Data Centers and Speculative Trades
Data center and AI-related stocks like CoreWeave plunged sharply as rising credit risks and heavy spending fears spark a sell-off in speculative tech trades. Investors are pushing back against big capital expenses.
BlackRock's GIP Teams Up with EQT in Advanced Talks to Buy AES Corp
BlackRock’s GIP and EQT are in advanced talks to acquire AES Corp. The stock jumped 6% amid surging electricity demand from AI data centers. A deal could be announced as early as next week.
BofA Reinstates Coverage — Bullish on Walmart, Bearish on Target
Bank of America restarts coverage on Target with a cautious Underperform rating and Walmart with a positive Buy rating.
Record Smartphone Slump Ahead: Shipments Hit Lowest Since 2013 Amid Chip Chaos
Global smartphone shipments plunge 12-13% in 2026—the worst drop ever—due to AI-driven memory chip shortages pushing prices sky-high, per IDC & Counterpoint.
GoPro Scores Major Patent Win: Insta360 Faces U.S. Import Ban, Ambarella Stock Plunges
GoPro wins big in patent dispute with Insta360, leading to U.S. import bans. Ambarella stock drops 17% as key customer hit; GoPro shares rise 8%.