Today: 16 July 2026
SpaceX (NASDAQ:SPCX) Stock’s $230 Target Implies a $1.24 Trillion Gain Before Starship Test

SpaceX (NASDAQ:SPCX) Stock’s $230 Target Implies a $1.24 Trillion Gain Before Starship Test

Space Exploration Technologies Corp., known as SpaceX, would need to add about $1.24 trillion in equity value to reach the $230 target set on Tuesday by Evercore Inc.’s ISI unit, making Thursday’s Starship flight a near-term check on a valuation already near $1.8 trillion. The shares closed Tuesday at $136.08, just $1.08 above the $135 offer price.
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX drops $39 billion, leaving gains at MDA, Rocket Lab, AST SpaceMobile in the dust

Space Exploration Technologies Corp. dropped 2.2% to $136.08 late Tuesday, wiping out around $39.5 billion in equity value based on its reported base-offering share count. MDA Space Ltd., Rocket Lab USA Inc. and AST SpaceMobile Inc. all posted price gains, together adding about $2.0 billion on a similar price-move calculation. SpaceX’s equity drop finished at 19.6 times those combined gains.
Dell Technologies (NYSE:DELL) stock jumps as enterprise budgets pivot to AI hardware

Dell Technologies (NYSE:DELL) stock jumps as enterprise budgets pivot to AI hardware

Dell Technologies Inc. climbed 5.8% on Tuesday, adding about $16.2 billion in market value, after preliminary results from International Business Machines Corp. showed large customers shifting late-June spending toward servers, storage and memory. The move gives Dell investors a fresh demand signal from outside the company.
AtaiBeckley Inc. (NASDAQ:ATAI) stock jumps as FDA staffing guidance spotlights BPL-003’s two-hour edge

AtaiBeckley Inc. (NASDAQ:ATAI) stock jumps as FDA staffing guidance spotlights BPL-003’s two-hour edge

AtaiBeckley Inc. shares climbed 15.6% to about $5.75 in Tuesday afternoon trading as investors weighed final U.S. Food and Drug Administration guidance for psychedelic-drug trials. The document expects two monitors to remain with a patient throughout a treatment session, making BPL-003’s roughly two-hour clinic model more relevant to operating costs. Duration is now a cost variable.

Nokia shares jumped on €5.5B defense-AI news—Ericsson moves in focus

Nokia Faces 72% H2 Profit Hurdle as Ericsson Flags AI Costs

Nokia Oyj’s shares slipped 2.5% to €10.30 in Helsinki at 16:44 EEST after investors reacted to a cost warning from Ericsson. The AI-driven rally is under the microscope, as nearly 75% of the company’s consensus comparable operating profit for the year is still to be generated in the back half. Focus has shifted—demand isn’t the main concern now.
NIO stock stretches Goldman gain as 2026 targets get tougher

NIO stock stretches Goldman gain as 2026 targets get tougher

NIO Inc. climbed 3.7% to $5.11 in premarket trading Tuesday, building on Monday’s 3.1% rise after Goldman Sachs Group Inc. upgraded the stock to Buy. But the key number is 45,850 — that’s the average monthly deliveries NIO needs in the second half to hit Goldman’s target of 43% full-year volume growth. The stock is rallying on hopes NIO can ramp up deliveries before it actually does.

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Tesla (NASDAQ:TSLA) delivery beat saw 28,368-car inventory drop, margins get attention

Tesla (NASDAQ:TSLA) delivery beat saw 28,368-car inventory drop, margins get attention

Tesla Inc. delivered 28,368 more cars than it built in the second quarter, using up about 38% of its 74,102-unit beat compared to company-compiled analyst expectations, company figures show. That changes the focus for July 22 earnings from delivery numbers to automotive gross margin, which measures how much of each vehicle sale is left after production costs.
SOBR Safe (NASDAQ:SOBR) picks up $3.1M amid more warrant dilution risk

SOBR Safe (NASDAQ:SOBR) picks up $3.1M amid more warrant dilution risk

SOBR Safe, Inc. said after the close Wednesday it plans to raise about $3.1 million in gross proceeds from a repriced warrant exercise. The cash is big compared to its existing balance, but it will also push up the share count. The move looks like a bridge to help with a planned merger and to hit a Nasdaq deadline, not new money for its alcohol-monitoring unit, which shuts down this month.
JetBlue (NASDAQ:JBLU) starts pay-later on flights as fuel costs climb

JetBlue (NASDAQ:JBLU) starts pay-later on flights as fuel costs climb

JetBlue Airways rolled out installment payments for bookings on Wednesday. The carrier is trying to drive sales as a jump in fuel costs is on track to erase the gains it expected from higher fares. Based on its Q2 guidance, revenue lands around $185 million short of the combined fuel and core ex-fuel costs at the guidance midpoint, before factoring in other operating items.
IREN Limited (NASDAQ:IREN) security hire sharpens focus on a 23-fold AI revenue test (GlobeNewswire)

IREN Limited (NASDAQ:IREN) security hire sharpens focus on a 23-fold AI revenue test (GlobeNewswire)

IREN appointed Eric Hammersley as chief information security officer on Wednesday, adding senior oversight across its data centers, computing hardware and software as the company seeks to convert $3.1 billion of contracted annualized run-rate revenue, or ARR, a one-year revenue pace, into reported AI-cloud sales. That conversion, rather than the job title itself, is the investor issue.
Amazon (NASDAQ:AMZN) clinches Herotel’s 350,000 users with most of Leo satellites yet to launch

Amazon (NASDAQ:AMZN) clinches Herotel’s 350,000 users with most of Leo satellites yet to launch

Amazon.com, Inc. landed a countrywide sales and service partner in South Africa for its Leo satellite broadband network even though about 88% of its first-gen constellation is still not in orbit. The agreement lines up distribution before most capacity is ready, testing if Amazon can claw back ground from Starlink without needing a one-to-one satellite match.
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