Is SpaceX’s stock a bust because it fell below $135? Look what happened after Meta’s IPO.
Close to half of major IPOs sink below their offering price — and stay there for several years. Here’s why SpaceX is no different.
-
-
This “Hands-Off” ETF Could Be Your Ticket to Becoming a Millionaire
Becoming a millionaire may sound like an ambitious goal. But you don’t necessarily need to find the next hot company to get there. For many investors, consistently investing in a low-cost S&P 500 (^GSPC 1.01%) fund over decades can be a surprisingly effective wealth-building strategy. One popular option is the Vanguard S&P 500 ETF (VOO…
-
Surprise as ‘resilient’ UK economy grows by 0.1% in May
Experts have reacted with surprise after the ‘resilient’ UK economy defied expectations with 0.1% growth in May. However, they have warned that it is unlikely to be enough to pave the way for interest rates to be cut. May’s growth was a welcome boost following a 0.1% decline in April. Lindsay James, investment strategist at…
-
Plug Power Wins a 50-Megawatt Order in Australia. Here’s What It Means for the Hydrogen Stock.
Key Points Earlier this month, Plug Power (NASDAQ: PLUG) investors received some great news: The company’s 50-megawatt (MW) hydrogen electrolyzer project in Australia is expected to move into the execution phase. This essentially clears the way for Plug Power to deliver on its end of the bargain and book the related revenue. While Plug Power…
-
Trust but Verify: Security in the Age of Agentic AI
AI agents are stepping into roles once reserved for humans—booking appointments, managing finances, and even making purchasing decisions. As these digital proxies act on our behalf, a new challenge emerges for cybersecurity: how do you verify the identity of a “user” that isn’t human at all? In a PaymentsJournal webinar, Memoona Anwar, Chief Compliance &…
-
Bitcoin rebounds to $64K after AI-led selloff triggers crypto rout. Here’s what experts say
Bitcoin hovered near the $64,000 mark on Saturday after slipping below $63,000 as an AI-led selloff weighed on crypto markets. The cryptocurrency was seen trading at $63,969 around 2 PM IST. Over the past 24 hours, Bitcoin gained 1.77%, while Ethereum rose 0.93% to trade at $1,843. Among major altcoins, BNB, XRP, Solana, Hyperliquid, Dogecoin,…
-
Tokenization has become a strategic priority for 84% of financial firms
On Wednesday, DTCC completed its first live production trades involving tokenized securities, marking a major step toward bringing blockchain technology into traditional financial markets. Broadridge’s findings suggest those efforts are influencing the broader industry. Sixty-eight percent of respondents said tokenization will at least partially reshape financial markets within the next three to five years, while…
-
Fred Kelly’s timeless investing lessons: Why the crowd is usually wrong
Most investors feel safest when they move with the crowd. They buy stocks after prices have surged because everyone else is buying, and panic-sell when markets tumble because everyone else is rushing for the exit. But according to renowned investor and psychologist Fred C. Kelly, this instinct is precisely why the majority of investors fail….
-
Scam victims may owe IRS taxes on stolen money. Here’s why
Vladimir Vladimirov | E+ | Getty Images For victims of fraud, a second financial blow sometimes comes their way — they owe taxes on the stolen money. Scam victims have faced restrictions on whether they can claim their losses as a deduction on their tax return since 2018, due to a temporary change under the…
-
United Airlines Flights Delayed Nationwide After ‘Technology Issue’
Some United Airlines flights across the US, from New York to San Francisco, were delayed on Saturday due to a technical issue. United Airlines passengers said on social media that the issue affected operations at several major airports, including Washington Dulles International Airport in Virginia and Newark Liberty International Airport in New Jersey. Some passengers…
