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SpaceX (SPCX) Shares Decline for Second Consecutive Day, Approaching $135 IPO Price

07/13/2026, 08:38 AM economy stock_drop ai

SpaceX's shares have declined for two consecutive days, approaching its initial public offering price of $135, following its recent inclusion in the Nasdaq-100 index. This decline comes despite an influx of passive investment from funds tracking the index.

Apple (AAPL) sues OpenAI over alleged trade secret theft amid hardware development rivalry

07/13/2026, 05:39 AM economy announcement ai software

Recent tensions between the U.S. and Iran have led to a decline in stock futures, while significant political and corporate developments could impact various sectors. Investors should be aware of these factors as they navigate the market today.

Analysts Goldman Sachs upgraded Cadence Design Systems (CDNS) target price to $470, citing growth potential from EDA chip designer shortage

07/13/2026, 05:39 AM economy rating_growth Analysts: analysts, Goldman Sachs semiconductors ai

Goldman Sachs has identified Cadence Design Systems and Synopsys as potential beneficiaries of a labor shortage in the electronic demand automation chip design sector, projecting significant revenue growth opportunities driven by custom AI silicon.

Meta (META) to Invest Over $50 Billion in Louisiana Data Center Expansion with State Tax Incentives

07/13/2026, 03:36 AM economy announcement ai software

Meta's Hyperion data center project in Louisiana has significantly expanded, with costs now exceeding $50 billion, reflecting the company's aggressive push into AI infrastructure amid favorable state incentives.

European Defense Startup Helsing Secures $1.8 Billion Funding at $18 Billion Valuation

07/13/2026, 01:36 AM economy fundraising defense ai

Helsing, a European defense startup, has successfully raised $1.8 billion, achieving an $18 billion valuation, highlighting strong investor confidence in AI-driven defense technologies. This funding will enhance Helsing's capabilities in developing advanced military applications, particularly in light of increased European focus on sovereign defense capabilities.

TSMC Reports 68% Surge in June Revenue Driven by AI Chip Demand

07/12/2026, 11:36 PM economy growth semiconductors ai

Taiwan Semiconductor Manufacturing Co. (TSMC) reported a significant 67.9% increase in June sales, driven by strong demand for AI chips, which positions the company favorably ahead of its upcoming earnings report.

Analysts assess valuation of SK Hynix (000660) following significant stock debut and subsequent decline

07/12/2026, 07:31 PM review Analysts: analysts semiconductors ai

SK Hynix's shares fell over 10% following a strong debut on the Nasdaq, as investors took profits and assessed the implications of rising demand for AI memory chips on the stock's valuation.

SK Hynix (000660) Shares Drop Over 10% Following Strong Nasdaq Debut Amid Profit-Taking and Valuation Concerns

07/12/2026, 07:31 PM stock_drop ai semiconductors

SK Hynix's shares dropped over 10% in Seoul following a strong debut on the Nasdaq, as investors took profits and assessed the sustainability of demand for AI memory chips amid valuation uncertainties.

Elon Musk and Sam Altman Engage in Public Feud on X Following Apple’s Lawsuit Against OpenAI

07/12/2026, 09:32 AM economy announcement ai

Elon Musk and Sam Altman's ongoing feud has intensified following a lawsuit filed by Apple against OpenAI, with both billionaires exchanging personal jabs on social media. This rivalry is significant as it highlights the competitive landscape in the AI sector, particularly with both companies preparing for initial public offerings.

Investors Should Monitor Stocks as AI Enters New Rationalization Phase

07/12/2026, 06:32 AM review ai software

Wall Street is transitioning from an AI investment frenzy to a more rational approach, emphasizing the need for companies to demonstrate tangible returns on their AI expenditures. This shift could significantly impact the valuation and performance of major tech stocks involved in AI.

Topic: ai