SpaceX’s stock could follow the same path as Tesla’s — not always trading on fundamentals

Bank Stocks Hit Record Highs on US-Iran Deal Hopes, IPO Optimism

A trader works on the floor of the New York Stock Exchange.

Massive Effigy of Elon Musk Raised Over Times Square to Protest Grok

In the middle of New York City’s Times Square, a massive, inflatable effigy of billionaire Elon Musk towered over tourists and commuters earlier today. It was surrounded by black banners with statements alleging “Grok makes AI child porn” and “SpaceX owns Grok,” referring to the Musk-owned AI chatbot whose image-generation tool was used to create a flood of sexualized images of minors earlier this year. Masked attendants stood nearby, handing out flyers with additional information, but they...

Who’s Really Paying for This Year’s World Cup?

Missed the rally in optical stocks? Coherent and Lumentum just got more attractive, according to J.P. Morgan.

Investors have been worried about the adoption of co-packaged optics, but those fears seem overblown, says an analyst.