Economy

SpaceX cuts retail IPO allocation to low 20% range, source says

The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.

$40,000 6-month CD vs. $40,000 1-year CD: Which will earn more interest now?

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SpaceX to close above $2 trillion market cap on its debut, prediction market traders say

Traders on Polymarket think it's likely SpaceX will join a group of just six companies with a market value beyond $2 trillion.

SpaceX IPO will test how Wall Street prices ‘strategic tech’

Elon Musk's SpaceX defies typical market buckets, and the IPO will give Wall Street another chance to value "strategic tech" like Palantir.

We're upgrading our rating on an industrial stock and plan to buy more

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

The World Cup will draw millions of fans, but economic payoff is modest

The 2026 World Cup, which kicks off today, will be held across three countries and 16 cities, making it the biggest sporting event ever and a commercial bonanza.

Is a High-Yield Savings Account Worth Opening With Inflation Rising Now?

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Pimco is warning about a spike in defaults

Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.

Inflation is surging again. These 2 savings accounts will help you outpace it.

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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards

With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.

Insurance Stocks

Jay Woods of Freedom Capital Markets says insurance stocks have been trending sideways for years but charts show that is changing.

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.