News & Updates
The latest news and updates from companies in the WLTH portfolio.
Elon Musk's Net Worth Slumps Amid Tesla, SpaceX Crash - Tesla (NASDAQ:TSLA), SpaceX (NASDAQ:SPCX)
Elon Musk's Net Worth Has Plunged Recently Bloomberg data shows that Musk's net worth has slumped to $792 billion from a high of $1.32 trillion last month. He is still the world's richest person by far, with his wealth being higher than the next two billionaires combined. Google's Larry Page and Sergey Brin are worth $297 billion and $276 billion, combined. Most of Musk's wealth is tied to SpaceX and Tesla, with the rest being in private companies like The Boring Company and Neuralink. Neuralink raised money at a $9 billion valuation last year, while The Boring Company is valued at $5.6 billion. Tesla stock is stuck in a bear market after falling by 23% from its highest point this year. SpaceX, which went public last month, has plunged to a record low, erasing over $1 trillion in value. This sell-off continued on Friday after aborting its launch following an engine failure. SpaceX's bond yields have jumped and are moving towards junk status. A $100 million allocation in its 2056 bonds would be worth about $90 million today. Tesla and SpaceX are Facing Major Challenges Elon Musk's companies are facing some major challenges. While Tesla's deliveries jumped in the second quarter, it is navigating a more difficult market as competition in key markets like China and Europe soars. SpaceX is also navigating a tough market in key industries. For example, its AI business is seeing elevated costs as memory, semiconductor, and server prices jump. Grok, its key product, has struggled to gain market share, with ChatGPT and Claude being the market leaders. SpaceX is also facing substantial competition in the satellite launching business, with Rocket Lab, Firefly Aerospace, and Blue Origin gaining market share. It is also burning billions of dollars in cash. Most importantly, the two companies are highly valued, with Tesla having a forward price-to-earnings ratio of 178. SpaceX trades at a forward price-to-sales ratio of 41, higher than many companies. The next key drivers for SpaceX and Tesla stocks will be their earnings, which will provide more information about their performance. Tesla's earnings will come out on Wednesday, while SpaceX is expected to release its numbers in August. Image: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX Buying Tesla at Current Valuations Would Not 'Pass Muster,' Gary Black Says as SPCX Retreats From
Musk Control Does Not Erase Board Duties "Those who think $SPCX will buy $TSLA don't understand the concept of board fiduciary duty," Black wrote on X. Black put Musk's control at 82% of SpaceX's voting power and 42% of its equity. SpaceX's prospectus shows Musk retained overwhelming voting control, including power to elect the board, while public shareholders have limited influence over corporate decisions. "That doesn't magically let the SPCX board off the fiduciary hook," Black said. Dilution Math Undersells A Tesla Takeover His central objection is dilution. SpaceX shares traded near $131 Friday, below their $135 IPO price and far below their post-listing peak. Buying Tesla with stock would require SpaceX to issue substantial new shares, reducing investors' ownership. "At $132 and sinking, SPCX can't just buy TSLA in a 25% dilutive equity deal," Black said. "The math won't pass muster." Wall Street Weighs Merger Logic And Risks Wall Street has examined the idea. Jefferies estimated that a nil-premium transaction could leave Musk with 55.3% voting control while preserving room to offer Tesla shareholders a premium. JPMorgan called a combination "strategically coherent on paper," pointing to integration across artificial intelligence, robotics, energy, transportation and space, while warning of governance, execution and regulatory complications. The debate comes before Tesla reports second-quarter results on July 22. According to Benzinga Pro data, Wall Street expects earnings of 32 cents per share and revenue of $26.02 billion. Tesla has already reported 480,126 vehicle deliveries for the quarter. Price Action: Tesla stock is trading 2.03% lower at $383.30 during pre-market hours on Friday. Benzinga edge rankings indicate TSLA stock as a Momentum score in the 42nd percentile and a Growth score in the 88th percentile. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Leaving Blue Origin for SpaceX? Jeff Bezos Reportedly Puts Employees in 'Golden Handcuffs' With New Equit
Jeff Bezos' Blue Origin has reportedly introduced a new equity scheme for its employees that includes an unusual non-compete clause. The clause does not apply to employees in California and Washington due to strict laws against non-competes. However, it still impacts a significant portion of the company's workforce, primarily based in Florida, Texas, and Alabama. Two former SpaceX employees who later joined Blue Origin told Business Insider that their SpaceX stock option agreements did not contain non-compete clauses. Blue Origin did not immediately respond to Benzinga's request for comments. Blue Origin Employees Disappointed This non-compete clause, which is not common in fast-growing private startups, has raised eyebrows among employment attorneys and wealth managers. It also presents a dilemma for Blue Origin employees, as they risk losing all their gains if they decide to leave for a competitor. Bezos Takes on Musk Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Netflix, SpaceX, Alphabet, Alcoa and Intuitive Surgical: Why These 5 Stocks Are on Investors' Radars Toda
Major U.S. indices ended Thursday in the red, with the Dow Jones Industrial Average slipping 0.2% to 52,552.97. The S&P 500 declined 0.51% to 7,533.77, while the Nasdaq dropped 1.47% to 25,881.95. Across U.S. equity markets, trading was mixed beneath the surface at midday, with gains in defensive and value stocks offsetting weakness in chipmakers and speculative technology shares, prompting a rotation into smaller-cap stocks. These are the top stocks that gained the attention of retail traders and investors through the day: Netflix Inc. (NASDAQ:NFLX) Netflix's stock closed up 0.91% at $74.35, reaching an intraday high of $74.68 and a low of $72.94. The streaming giant's shares are nearing critical lows, with a 52-week range of $127.75 to $70.86. In the after-hours session, the stock plumetted 9.05% to $67.62. Looking ahead, Netflix guided third-quarter revenue of $12.86 billion and EPS of 82 cents, both below Wall Street expectations, while narrowing its full-year revenue outlook to $51.0 billion-$51.4 billion, around the low end of its previous range. The softer guidance appeared to weigh on investor sentiment. Space Exploration Technologies Corp (NASDAQ:SPCX) SpaceX shares fell 3.08% to close at $131.11, with a high of $137.76 and a low of $130.74. The stock's 52-week range is $225.64 to $130.74. The shares declined 3.08% to $127.07 in extended trading. Meanwhile, SpaceX's launch of its Starship mega rocket was aborted Thursday night after "some of the engines didn't start," CEO Elon Musk said on X, triggering an automatic launch abort. Alphabet Inc. (NASDAQ:GOOG) Alphabet's Class C stock dropped 4.43% to $353.81, with an intraday high of $374.35 and a low of $351.67. The 52-week range is $404.44 to $181.50. Reports of delays in Google's Gemini project have raised concerns about the company's competitive position in AI. Alcoa Corp. (NYSE:AA) Alcoa's shares decreased by 3.56%, closing at $46.85, with a high of $47.90 and a low of $46.39. The stock's 52-week range is $84.38 to $28.11. The stock fell 2.8% to $45.54 in after-hours trading. Alcoa shares fell in the after-hours session after the aluminum producer reported second-quarter earnings of $2.12 per share, missing Wall Street estimates of $2.25, although revenue of $3.97 billion edged past the $3.94 billion consensus. The earnings miss appeared to outweigh solid top-line performance. During the quarter, aluminum production rose 5% sequentially and shipments increased 18%, while total third-party revenue climbed 24%. CEO William Oplinger also highlighted favorable aluminum prices and the company's recently announced agreement with South32 as key strategic achievements. Intuitive Surgical Inc. (NASDAQ:ISRG) Intuitive Surgical's stock rose 3.43% to $402.33, with a high of $405.50 and a low of $393.68. The 52-week range is $603.88 to $378.50. In extended trading, the stock fell sharply by 10.79% to $358.93. The medical device maker reported second-quarter results that topped Wall Street expectations, with EPS of $2.80 beating the $2.50 consensus and revenue of $2.89 billion exceeding estimates of $2.82 billion. The company also reported strong operating metrics, with combined da Vinci and Ion procedures up 16% year over year, 468 da Vinci systems placed during the quarter and continued growth in its installed base. CEO Dave Rosa said the results reflected the strength of the company's portfolio across robotic surgery, lung diagnostics and digital solutions. Benzinga Edge Stock Rankings indicate Netflix stock has a Momentum score in the 5th percentile and a Value score in the 19th percentile. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Polymarket Traders Gaming Bitcoin Bets?
Polymarket Traders Gaming Bitcoin Bets? Study Points to Ongoing Price Manipulation A study highlighting alleged manipulation of Polymarket's 5-minute Bitcoin (CRYPTO: BTC) binary contracts has sparked fresh scrutiny for the decentralized prediction platform. Last-Minute Deception? The paper, co-authored by researchers from Stanford University and Singapore Management University, was published on July 1 and first reported by Bloomberg. The contract in question is binary. It delivers a $1 payout if Bitcoin's price at the end of the 5-minute interval exceeds its price at the start of the interval; otherwise, the payout is $0 The study found that traders game the contract by buying BTC on Binance during the closing seconds to influence the settlement price higher than the opening price. The Two-Trade Tactic Ruizhe Jia, one of the researchers, described a two-trade manipulation tactic. Traders first buy the "Up" outcome on Polymarket, then purchase Bitcoin on Binance in the final seconds to push the price across the settlement threshold. Jia posted a chart highlighting sudden order flow spikes in the final 10 seconds, noting that this pattern didn't appear before the bet launched. Additionally, the study found that price moves in the closing seconds are quickly reversed -- a pattern that did not exist earlier. The analysis found that manipulators profited $8.2 million, while ordinary traders lost $7.6 million over two months. Polymarket didn't immediately return Benzinga's request for comment. The Big Debate Prediction markets, including Polymarket, are under growing scrutiny. Large, suspiciously well-timed bets on military operations in Iran and Venezuela have raised major red flags. Earlier this year, a U.S. soldier was charged with allegedly using classified information to profit from a bet linked to the capture of Venezuela's ousted leader, Nicolás Maduro. However, Robin Hanson, known for his pioneering work in the field of prediction markets, has accused critics and the media of exaggerating "imperfections" in the industry. He told Benzinga that a small number of events have been reported out of proportion to their actual importance. Price Action: At the time of writing, BTC was exchanging hands at $64,087.38, down 1.03% over the last 24 hours, according to data from Benzinga Pro. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Microsoft Wants Sales Team to Push Its Own AI Models Instead of Rivals OpenAI, Google and Anthropic: Repo
Copilot vs. Claude Comparison Raises Eyebrows According to the report, Copilot chief Jacob Andreou compared Copilot with Anthropic's Claude, saying it was slower, less accurate and did not have strong security integrations across Microsoft's Office apps. Microsoft did not immediately respond to Benzinga's request for comment. Microsoft CEO Satya Nadella recently said companies "pay for intelligence twice" when they rely on third-party AI, warning that using outside models can expose valuable business knowledge to external vendors. Trading Metrics Microsoft has a market capitalization of $2.94 trillion, with a 52-week high of $555.45 and a 52-week low of $349.20. Over the past 12 months, the large-cap stock has dropped 21.75%. Price Action: The stock had closed on Wednesday at $395.63, up 2.78%, according to Benzinga Pro data. Benzinga's Edge Stock Rankings indicate that MSFT is experiencing medium-term consolidation along with short and long-term upward movement. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Elon Musk Reacts to Jamie Dimon's 'Einstein' Praise With Two-Word Reply as Viral Post Hails His SpaceX an
Musk Revisits Dimon's Famous Einstein Comparison Le Pogam argued that Musk, like Einstein, may need years to receive recognition. The post credited Musk with reshaping management and education while advancing space travel, energy and artificial intelligence. Those claims were Le Pogam's opinion. When the CNBC clip first circulated from the World Economic Forum in Davos, Musk responded, "Nice of him to say." JPMorgan Feud Becomes Wall Street Alliance Dimon used that interview to close a yearslong dispute between JPMorgan and Tesla. "Elon and I have hugged it out," he said. "You've got to look at Elon. SpaceX, Tesla, Neuralink. I mean, the guy is our Einstein." That reconciliation has since become a Wall Street partnership. At a JPMorgan event launching SpaceX's investor roadshow last month, Dimon again called Musk "the Edison of our time." "It's been an extraordinary 24 years watching Elon grow over time, and now making a massive leap into the future," Dimon said. Maye Musk appeared and recalled her son's early fascination with the future, while Musk joined remotely. Banks Rally Around SpaceX's Public Debut The enthusiasm extended to research. Morgan Stanley projected SpaceX revenue could reach $3.4 trillion by 2040. Such estimates remain speculative and depend on Starlink and space-based AI developing as expected. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX Engineers Raise $115 Million to Make Construction Faster, Cheaper and Safer After Learning At 'a C
TerraFirma Raises Funds For Robotic Construction TerraFirma, in a press release on Tuesday, said Kleiner Perkins led a $100 million Series A. CEO Noah Schochet and co-founder Noah McGuinness previously worked at SpaceX on Starship, Starshield and Starlink. The company remotely operates construction equipment through tools including Xbox controllers and says its semi-autonomous machinery can cut costs and improve safety. It plans to hire 300 workers and to build a Texas factory and mission control center. "Infrastructure is a bottleneck to basically every single industry that needs to innovate over the next couple of decades," Schochet told CNBC. "There's such a deficit of people taking all of the great tech that has existed and been built for the last couple of decades and bringing it" to construction. SpaceX Lessons Target Construction Productivity Gap The pitch targets a sector with a productivity problem. The Federal Reserve Bank of Richmond said U.S. construction labor productivity fell more than 30% from 1970 to 2020, while overall U.S. productivity doubled. The Bureau of Labor Statistics projects 149,400 annual openings for construction laborers and helpers through 2034. Schochet said SpaceX showed him what construction lacks. "We're building rockets the size of skyscrapers at one a month, and all those processes for mass manufacturing automation, none of them are showing up in construction," he said. "It was all worth it," Schochet said. "We were learning at a crazy pace." Earth Projects Come Before Lunar Ambitions For now, Schochet said TerraFirma must prove itself on Earth. "The problem is you don't want to build a community based around a space economy that doesn't yet exist," he said. "You want to build it around the economic drivers that truly drive the world today." Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Elon Musk's SpaceX Won't Turn Profitable Until 2027, Analyst Says: 'Still Not Sure What People See...' - Sp
Black Says Valuation Still Doesn't Add Up "It's already a megacap ($1.8T market cap) so upside is limited," Black said in a post on X, adding that SpaceX is not expected to turn profitable until 2027 despite trading at about 47 times projected 2026 enterprise value-to-revenue and 110 times value-to-EBITDA. Black shared a Bloomberg News report that said SpaceX shares had fallen to within $1 of their $135 IPO price after giving up roughly one-third of their post-listing gains. SpaceX is expected to unlock about 20% of its eligible pre-IPO shares after second-quarter earnings next month, with roughly 44% becoming eligible for sale by early September. Black said the staggered releases would increase the tradable float by about 900%, adding that "valuation has to matter at some point." After reaching a record high of $225.64 on June 16, the company's stock has now retreated roughly 40%. Veteran market strategist George Noble, a former Peter Lynch protégé, said the lockup schedule, and not the company's valuation, is the biggest near-term risk for the stock. Chamath Makes the Bull Case Speaking on CNBC, venture capitalist Chamath Palihapitiya called SpaceX "an incredible company," having backed the business since its early years and continuing to believe in Elon Musk's long-term vision. Last week, JPMorgan said SpaceX's public listing could make a potential acquisition of Tesla easier because the company can use its stock as currency. Palihapitiya expects SpaceX to build "an enormous business" in the domestic cellular market before many of the company's other revenue streams begin to materialize. Black Still Sees Long-Term Opportunity Black acknowledged SpaceX's long-term opportunity, particularly as more airlines follow Frontier Group Holdings Inc's (NASDAQ:ULCC) Frontier Airlines in adopting Starlink as their standard in-flight Wi-Fi offering. Frontier Airlines announced Tuesday that it plans to offer SpaceX's Starlink as its standard in-flight Wi-Fi service, with deployment set to begin in early 2027. Price Action: Shares of SpaceX fell 2.20% on Tuesday at $136.08, while it climbed back 1.17% in early pre-market trading on Wednesday. Benzinga edge rankings indicate SPCX has a negative price trend across the short, medium and long term. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
MEXC Reports 7.1 Billion USDT in SpaceX Futures Volume as Q2 Closes the Gap to Wall Street
Victoria, Seychelles, July 14th, 2026, Chainwire MEXC, a pioneer in 0-fee digital asset trading, today released its Ecosystem & Growth Report for the second quarter of 2026. In Q1, users mostly bought gold and other hedges against macro risk. In Q2, their attention turned to AI projects and US stocks, and MEXC spent the quarter building products for exactly that demand. Users can now back a company before its IPO, trade stock futures on it, hold tokenized shares, and buy real US stocks and ETFs, all inside one MEXC account. Every piece of that path launched or grew during the quarter. The company then completed the largest IPO on record on June 12. Users kept trading it on MEXC after the listing, and SpaceX perpetual futures collected more than 7.1 billion USDT in volume in the weeks that followed. One name went from private to public within a quarter, and users traded at every stage. RealStocks launched on June 1 and added the last piece, real shares. Eligible users buy actual US stocks and ETFs through a licensed securities broker partner, and the shelf covers more than 7,000 names. More than 120,000 users signed up in the first month, and over half of the new accounts moved on to a first deposit. By June 18, the product had settled dividends on 34 stocks and ETFs, the kind of payout only real share ownership carries. Micron's June earnings lifted trading volume in its MEXC futures by approximately 142% in a single day. The activity spilled into related AI memory names, SanDisk, SK hynix, and a DRAM ETF. One earnings report moved a whole supply chain on the platform, because users now trade US market news the moment it breaks. "My first quarter as CEO had one goal, and that was to move MEXC from a crypto exchange toward a gateway for every market users care about," said Vugar Usi, CEO of MEXC. "Q2 put real numbers behind the word gateway, from Pre-IPO demand to actual dividend payouts." The quarter's ten biggest new-token gainers averaged +4,956%, and six of the ten were AI agent projects. Only one meme coin made the list, a clear reversal of the first quarter, when memes ran the gain rankings. The AI winners build practical systems. They settle transactions between agents, place trades for retail users, and verify identities, so the money went to projects that already do that work. The most-traded list leaned the same way, with four AI and infrastructure names to three meme names. During the quarter, MEXC appointed Vugar Usi as Chief Executive Officer and marked its 8th anniversary with a brand upgrade built on two promises: 0 Fees and Infinite Opportunities. The upgrade marks the company's move from a traditional exchange toward a universal gateway for global markets. A partnership brought the USD1 stablecoin into MEXC's trading and product suite, and the first USD1 event drew more than 161,000 participants, with new users alone pushing $2.4 billion through futures. A TradingView integration now sends perpetual futures orders straight from the chart, so users move from analysis to execution without a tab change. The Prediction Market added a Combo feature on June 9, which folds several event predictions into a single position. Average daily volume in the Prediction Market grew more than 6,700% from early to late June, and daily users rose more than 3,200%. The June Proof of Reserves put the average reserve ratio at 156.5%, which means the platform holds more assets than users have deposited, with Bitcoin backed at 269%. Between May and June, the risk team identified 4,394 illicit networks; a separate intervention effort blocked roughly 303,000 USDT in suspected fraudulent transfers. The full Q2 report, with the complete token tables, product data, and community programs, is available here. About MEXC MEXC is the world's fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals. MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC For media inquiries, please contact MEXC PR team: [email protected] Contact MEXC PR team [email protected] Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Elon Musk Says SpaceX Will Fly Orbital Data Centers Next Year - SpaceX (NASDAQ:SPCX)
Elon Musk's Orbital Data Center Goal Amidst the fiery accusations, Altman retorted, saying that Musk was selling public investors the idea of orbital AI compute, questioning the practicality of the goal. Musk responded by saying that SpaceX will "start flying them next year." Chanos expressed skepticism about Musk's claims. "[Narrator: This week's 13th test flight of Starship is still not planned to reach full Earth orbit.]," the short seller said in his post on X on Sunday. SpaceX Touts Starlink V3 SpaceX said that the upcoming 13th Starship flight test would also see over 20 Starlink V3 satellites be deployed with the test. "Starship is planned to deploy 20 satellites which will extend solar arrays and antennas and will attempt to connect with ground stations in South Africa and the larger Starlink constellation via high-capacity lasers," SpaceX said. Analyst Aaron Burnett, the founder of Mach 33, an investment firm aimed at Space technology, hailed the launch as a "significant inflection in Starlink V3 ramp," which would also translate to a "global bandwidth capacity ramp," Burnett said via a post on X. SpaceX also said that the satellites would provide information on the rocket's heat shields. "Six of the satellites have been modified with a suite of cameras to scan Starship's heat shield and transmit imagery down to operators," the company said. The launch is expected to take place on Thursday, July 16. Benzinga Edge Rankings show SpaceX fails to provide a favorable price trend in the Short, Medium and Long term. Price Action: SpaceX shares were up 0.43% to $145.92 during the after-hours session on Friday. Check out more of Benzinga's Future Of Mobility coverage by following this link. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Elon Musk Says SpaceX Would Be Worth More Than Earth if It Achieves Its Goals Amid First AI Satellite Rev
SpaceX to Exceed Earth's Value? "I wonder if History will look back at this $7.5-40B Anthropic/SpaceXai deal as the biggest unforced error of the AI era," the user said, while also outlining that the deal could hinder Anthropic's IPO as users could transfer most token exchange to SpaceX and "Claude is only used for the top tasks." Musk responded to the user, sharing his own take on the matter. "You don't seem to understand that SpaceX will be worth more than the rest of Earth if we accomplish our goals," he said in the post. SpaceX Touts New AI Satellite On Thursday, SpaceX also revealed renderings of the company's AI1 satellite, part of its Starmind constellation, which is a constellation of satellites dedicated to AI compute. The satellites will support chips from all providers and possess a 150 kW peak compute payload, as well as an average payload compute of 120 kW. The satellites will have a wingspan of 70 meters and have a 150 kW solar array. Notably, Musk has been a staunch supporter of orbital AI compute, most recently saying it was the only way to overcome Earth-based bottlenecks to AI compute. "Space is the only way to scale at scale," the trillionaire had said. Benzinga Edge Rankings show SpaceX fails to provide a favorable price trend in the Short, Medium and Long term. Price Action: SpaceX shares were up 0.06% at $152.25 during the after-hours session on Thursday. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
TeraWulf's Rough Week: Meta's Cloud Push, DeepSeek Chips and Crypto's Drop Overshadow Anthropic Deal - Te
* TeraWulf stock is trending lower. Why are WULF shares declining? Broader Sector Headwinds Adding to the pressure, cryptocurrency markets have broadly declined today -- a meaningful headwind for TeraWulf, which still operates a Bitcoin mining business alongside its AI infrastructure pivot. Bitcoin is down 1.68% to $62,087. Meta Enters the AI Cloud Market The Anthropic Deal TeraWulf Shares Edge Lower WULF Price Action: At the time of publication, TeraWulf shares are trading 1.53% lower at $19.92, according to data from Benzinga Pro. Image via Shutterstock This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
SpaceX, ClearOne, FuelCell Energy, Cloudflare and Penguin Solutions: Why These 5 Stocks Are on Investors'
Major U.S. indices closed lower on Tuesday, with the Dow Jones Industrial Average slipping 0.25% to 52,925.15, the S&P 500 falling 0.45% to 7,503.85 and the Nasdaq dropping 1.16% to 25,818.69. These are the top stocks that gained the attention of retail traders and investors through the day. Space Exploration Technologies Corp. (NASDAQ:SPCX) SpaceX shares fell 6.83% to $149.47, after trading as high as $159.30 and as low as $148.86; the stock's 52-week range runs from $147.11 to $225.64. In the after-hours trading, the stock gained 1.14% to $151.17. Clearone Inc. (NASDAQ:CLRO) ClearOne surged 97.71% to $13.84, reaching an intraday high of $16.50 and a low of $8.13; its 52-week span is $2.72 to $16.50. The stock gained 5.13% to $14.55 in extended trading. Traders piled in after the company disclosed a definitive merger agreement with Cortigent, a Vivani Medical subsidiary, along with financing plans intended to support the combined business and its shift toward medtech. The merger update and the strategic pivot to medical devices fueled the sharp advance. FuelCell Energy, Inc. (NASDAQ:FCEL) FuelCell Energy dropped 12.68% to $25.96, with an intraday high of $29.18 and a low of $25.72; the stock's 52-week range is $3.78 to $37.88. In the after-hours session, the stock plummeted by 16.76% to $21.61. Cloudflare, Inc. (NYSE:NET) Cloudflare gained 8.60% to $268.83, trading as high as $274 and as low as $254 during the session; the stock's 52-week range stands at $158.83 to $276.82. Penguin Solutions, Inc. (NASDAQ:PENG) Penguin Solutions fell 7.38% to $62.71, after hitting an intraday high of $65.34 and a low of $60.20; the stock's 52-week range is $16.04 to $77.40. The stock popped 3.65% higher at $65 in extended trading. Penguin Solutions raised its full-year fiscal 2026 outlook, forecasting revenue growth of 22%, plus or minus 2%, up from its previous expectation of about 12%, and projected adjusted earnings of $2.60 per share, plus or minus 5 cents, citing strong customer demand driven by agentic AI. Benzinga Edge Stock Rankings indicate SpaceX stock doesn't rank high on Short, Medium and Long-term Price Trends. Photo Courtesy: thanmano on Shutterstock.com Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
Cathie Wood's Ark Invest Buys the SpaceX Dip and Dumps $8.6 Million Worth of Surging AMD Stock - SpaceX (
The SpaceX buy came as the Elon Musk-led company's stock retreated from its first-week debut highs. Shares have fallen 28.9% from a peak of $225.64, though SpaceX still commands a market value of about $2.1 trillion, placing it among the world's most valuable companies. The AMD Trade The chipmaker's rally came as Japanese autonomous driving startup Turing Inc. said it raised $79 million in an extension of its Series A round, adding AMD Ventures as a new investor and expanding use of AMD's AI accelerators. The funding valued Turing at about $600 million. Other Key Trades Benzinga Edge Stock Rankings indicate SpaceX Stock doesn't check out on Short, Medium, and Long Price Trends. Image via Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.
