EXCLUSIVE: Ross Gerber Says SPCX Valuation Reflects the 'Elon Premium,' But Remains Skeptical of Musk's Timelines: 'I Don't Trust...'

Elon Musk-led Space Exploration Technologies Corp's (NASDAQ:SPCX) blockbuster IPO back in June was one of the most anticipated events of the year on Wall Street. Amid massive valuations and bullish

BenzingaAug 15 22:31

Earnings Scoreboard: 9 of 10 Key S&P 500 Reporting Firms Top EPS Estimates and Deliver Y/Y Growth

Seeking AlphaAug 15 21:30

Earnings Volatility Watch: Wolfspeed and 9 Other Stocks Could Swing Up to 17% This Week

AI infrastructure names broadly cleared the earnings bar last week, with CoreWeave Inc. (NASDAQ:CRWV) and Coherent Corp. (NYSE:COHR) among those that passed the test. Now Wall Street turns to the

BenzingaAug 15 21:00

Stanley Druckenmiller Bets Big on AMZN, AMD — Dumps AVGO, INTC and MU in Q2

Stanley Druckenmiller's Duquesne Family Office reshuffled its portfolio in the second quarter, boosting exposure to Amazon.com, Inc. (NASDAQ:AMZN), Advanced Micro Devices, Inc. (NASDAQ:AMD),

BenzingaAug 15 16:44

"AI-Driven Financial Innovation": CDO vs. CCO = 2008 vs. 2026?

The current AI boom is not fundamentally a technology cycle, but rather a credit and real estate cycle driven by the concept of "compute as collateral" (CCO). NVIDIA and private sector giants have established a $500 billion financing platform to securitize and distribute risk. Given that the inflection point in the growth rate of capital expenditure (second derivative) among hyperscale cloud providers has already emerged, and key borrowers such as OpenAI are overly reliant on refinancing, this credit architecture—highly isomorphic to the 2008 subprime mortgage crisis—is highly susceptible to fracturing amid slowing growth.

wallstreetcnAug 15 10:01

U.S. Market Close | Trump threatens to declare the Strait of Hormuz as U.S. territory; three major indices close slightly lower. Optical communication stocks strengthen: AAOI surges 15%, Lumentum rises over 5%; drone stock UMAC jumps 25%.

The Dow Jones Industrial Average fell 0.2%, the S&P 500 Index declined 0.17%, and the Nasdaq Composite dropped 0.28%. Most large-cap technology stocks retreated, with the Mag 7 Index down 0.17% and Amazon falling nearly 1%. SpaceX shares also dipped by close to 1%. In contrast, memory chip stocks broadly rose against the trend: SanDisk surged 7.39%, bringing its weekly gain to 35.38%; AMD advanced 6.50%; and NEBIUS climbed 8.88%. Meanwhile, Applied Materials and Broadcom each fell more than 5%.

wallstreetcnAug 15 07:08