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Chanos Bearish on SpaceX Valuation Fueled by ‘Hopes and Dreams’
Veteran short seller James Chanos said SpaceX’s blockbuster public debut is being driven more by investor enthusiasm for Elon Musk and artificial intelligence than by financial fundamentals, arguing the company’s valuation is difficult to justify on any reasonable business assumptions.
Bitcoin Crushed Top 100 Altcoins Since 2020, But Charts Indicate More Pain by July
Bitcoin (BTC) has beaten nearly all of the top 100 altcoins since 2020, and chart data now points to almost 50% more downside for the broad altcoin market. The total altcoin market cap, tracked as TOTAL2, trades near $864 billion after a steep weekly drop. Two charts explain why the...
Amazon Is the Latest AI Giant to Sign a Blockbuster Deal With This Under-the-Radar Semiconductor Company (Behind Nvidia and Meta)
Corning (GLW 3.19%) has manufactured glass right here in America since 1851. By 1880, it was the sole supplier of glass for Thomas Edison's original lightbulb, and today, it makes the glass for all of Apple's iPhones. However, Corning stock has soared by 230% over the past 12 months because...
Lawsuit challenges Trump administration’s land swap with SpaceX in Texas
A seagull passes a sign near the SpaceX mega rocket Starship launch pads as they are prepared for an upcoming test flight from Starbase, Texas, Monday, May 18, 2026. (AP Photo/Eric Gay) By Associated Press PUBLISHED: June 10, 2026 at 3:29 PM PDT | UPDATED: June 10, 2026 at 3:39...
Jim Cramer says investors have ‘lost their appetite for danger’ as defensive stocks take the lead
In this article .DJI .SPX .IXIC LIN Follow your favorite stocksCREATE FREE ACCOUNT CNBC's Jim Cramer said Wednesday that investors are moving away from riskier parts of the market. All three major indexes finished lower. The Dow Jones Industrial Average fell 953 points, or 1.87%, while the S&P 500 and...




