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SpaceX is heavily reliant on Starlink for growth and profit as it marches toward Nasdaq listing

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SpaceX’s IPO prospectus underscores the importance of Starlink to the company’s operations.

Here are Thursday’s biggest analyst calls of the day: Nvidia, Meta, Dell, FedEx, Amazon, Etsy, ASML & more

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Here are Thursday’s biggest calls on Wall Street.

Oil prices jump more than 2% after Iran supreme leader says uranium must remain in country

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Iran’s position on its enriched uranium will likely complicate peace talks with the U.S.

Retail investors get direct access to SpaceX IPO through major brokerage platforms

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SpaceX’s blockbuster public offering is giving everyday traders access that has traditionally been reserved for Wall Street’s biggest clients.

This utility stock could get a boost from data center deals, JPMorgan says

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The investment bank upgraded the public utility company to overweight from neutral.

Oil market could enter ‘red zone’ by July as stocks dwindle ahead of summer travel season, IEA chief says

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IEA Executive Director Fatih Birol said the single most important solution to the Iran war energy shock is the unconditional reopening of the Strait of Hormuz.

Stellantis unveils $70 billion turnaround plan, targets positive cash flow by 2028

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Stellantis CEO Antonio Filosa unveiled a new five-year strategic plan Thursday worth 60 billion euros (US$69.7 billion).

Eli Lilly says next-generation weight loss drug clears crucial obesity trial

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The results bring Lilly one step closer to filing for approval of the injection, retatrutide, which works differently from existing injections and pills.

Quantum stocks soar as U.S. reportedly plans $2 billion ‘award’ and taking equity stakes

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Analysts home in on Nvidia’s inference market share following an earnings win. Here’s why

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Nvidia is dominant in the world of artificial intelligence, but competition is still a factor.

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