SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around $350 billion, according to people familiar with the matter. That would be a significant premium to a previously mulled valuation of $255 billion as reported by Bloomberg News and other media outlets just last month.…
Shopify (SHOP) President Harley Finkelstein joined Julie Hyman and Josh Lipton to discuss the holiday shopping season and Shopify's role in empowering merchants. Finkelstein highlighted two key factors driving record holiday sales. First, he notes the extended shopping period: "We've expanded from being four days or six days to" approximately three months, with deals expected…
Truist's analyst team, led by Patrick Scholes, raised its price target on major cruise operators Carnival (CCL), Norwegian (NCLH), Royal Caribbean (RCL), and Viking (VIK). The firm, most notably, raised Royal Caribbean's price target from $204 to $272 per share. Julie Hyman and Josh Lipton report more on the analyst coverage and commentary. To…
Baird Senior Research Analyst Michael Bellisario joined Market Domination to share insights on travel technology stocks ahead of Travel Tuesday. Bellisario highlighted two standout performers in the sector: Booking Holdings (BKNG) and Expedia Group (EXPE). He characterized Booking as a "high quality" stock benefiting from strong international exposure. As for Expedia, he described it as…
Every investor has heard this quote at least once in their career: “Compound interest is the eighth wonder of the world. He who understands it earns it. He who doesn’t pays it," is a quote often attributed to Albert Einstein. In this episode of Stocks In Translation, Yahoo Finance markets and data editor Jared…
The announcement does not have an exact date, and we are waiting to see whether the company will make its event clash with the expected Galaxy Unpacked by Samsung, which is also likely to take place in January 2025. The OnePlus 13 is a premium flagship smartphone featuring cutting-edge technology in its 6.82-inch design. It…
In anticipation of lawsuits against the incoming Trump administration, Gov. Gavin Newsom is asking state legislators to set aside $25 million to create a litigation fund. The money will be set aside for the California Department of Justice to fight the federal government in the courts, the governor's office said Monday, with the goals of…
By the end of Cyber Monday, analysts at Adobe predict consumers will have spent up to $13.5 billion -- marking the biggest online shopping day of all time. It would surpass the record that was reached just a few days prior, on Black Friday, when shoppers spent a record $10.8 billion online, according to Adobe…
Luxury car maker Jaguar has unveiled its new electric concept car and, like a recent controversial teaser video, it has divided opinion. Some on social media said the new Type 00 car is "exciting" and "absolutely stunning" while others called it "rubbish" and told Jaguar's designers to "go back to the drawing board". The carmaker,…
Major technology companies are racing to shrink their artificial intelligence (AI) systems as mounting computing costs push them to rethink how they build and deploy their most advanced programs. This efficiency drive marks a significant shift in the industry, where the focus is moving from raw power to streamlined performance. The process, known as AI optimization,…

