SpaceX stock eyes $8 billion index hurdle as shares stumble in first week after IPO

Space Exploration Technologies Corp., also called SpaceX, starts the week facing a new IPO test. This time it’s about if index funds can keep up demand for a $2 trillion company, where the public float is thin and capital demands remain high.

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QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

QQQM’s $835 Million AI Wave Meets a Zscaler Reality Check

Invesco’s Nasdaq-100 ETF QQQM edged higher Tuesday, helped by fresh inflows and gains in Nvidia, even as Zscaler slid nearly 9% and reminded investors that the AI trade is not moving in one clean line. QQQM traded at $306.54, up 0.2%, while the larger Invesco QQQ Trust rose 0.2%; Zscaler was down 8.9% at $141.90.