
SpaceX lands bullish ratings from Morgan Stanley and Goldman Sachs (SPCX:NASDAQ) - Seeking Alpha
Morgan Stanley initiates coverage on SpaceX (SPCX) with overweight and $300 target, citing AI-era upside and $3.3T revenue outlook by 2040—read now.

Morgan Stanley initiates coverage on SpaceX (SPCX) with overweight and $300 target, citing AI-era upside and $3.3T revenue outlook by 2040—read now.

Asia stocks fall as AI valuation fears overshadow Samsung’s blockbuster earnings

Asian tech stocks slumped, as investors used Samsung Electronics Co.’s results to lock in profits on a stellar year-to-date chip rally, rotating into unloved sectors less prone to earnings shocks.

The move will affect the company's gaming division, which has been facing the outcome of a "not healthy" business model. The jobs cut will not be replaced by AI, Microsoft's VP said.

SK Hynix is experiencing a boom credited to AI. It will ride that to a multibillion-dollar U.S. IPO, expected to take place on Friday.

Monday night's action follows a winning session on Wall Street.

President Donald Trump claimed on Truth Social that Walmart summer price cuts were initiated at his administration's request to celebrate the country's 250th birthday.
US stock futures edged up on the heels of a record-setting day on Wall Street.

"My stomach is eating itself," wrote Johnson.