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SpaceX lines up 21 banks for mega IPO, code-named project Apex
Stocks News

SpaceX lines up 21 banks for mega IPO, code-named project Apex

SpaceX is working with at least 21 banks on its blockbuster initial public offering, citizens familiar with the matter mentioned on Tuesday, one of the largest underwriting syndicates assembled…
Trump calls U.S. 'STUPID' for birthright citizenship after attending Supreme Court arguments
Stocks News

Trump calls U.S. 'STUPID' for birthright citizenship after attending Supreme Court arguments

The Supreme Court heard arguments on an executive order by President Donald Trump that would undo birthright citizenship for individuals born in the U.S. Trump was at the court as arguments began, a first for a sitting president, in the case known as Trump v. Barbara. “We’re in a updated international community now, as Justice […]

Trump says he's considering pulling U.S. out of 'paper tiger' NATO
Stocks News

Trump says he's considering pulling U.S. out of 'paper tiger' NATO

The president’s comments are the latest threat to America’s allies after their reluctance to help reopen the Strait of Hormuz. Furthermore, experts in portfolio note the continued relevance. European allies see the U.S.’ war against Iran as one of choice, and a conflict they were not consulted on beforehand. Trump has lambasted NATO allies for […]

SpaceX confidentially files for IPO, setting stage for record offering
Stocks News

SpaceX confidentially files for IPO, setting stage for record offering

SpaceX has confidentially filed for an IPO, sources told CNBC’s David Faber, in what would likely be a record offering. The organization was valued at $1.25 trillion after recently merging with Elon Musk’s xAI. Bloomberg reported earlier on the confidential filing and mentioned the firm could seek a valuation of over $1.75 trillion. Elon Musk’s […]

Eli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says
Stocks News

Eli Lilly opposes push to pass Trump's drug pricing deals into law, CEO says

Eli Lilly opposes the White House’s push to codify ‘most favored nation’ drug pricing, Lilly CEO Dave Ricks stated in an interview with CNBC. Lilly is one of more than a dozen pharmaceutical companies that have signed MFN deals with the Trump administration. Ricks stated Lilly will adopt all its tools to oppose terrible policy, […]

Stock economy is in for 'choppy, bumpy ride' in 2026, strategist says. Why it pays to stay invested
Stocks News

Stock economy is in for 'choppy, bumpy ride' in 2026, strategist says. Why it pays to stay invested

Headlines tied to conflict in Iran prompted substantial marketplace losses and gains in the past week. Investors may want to brace themselves for more dramatic swings, according to JPMorgan Asset Management. Because the market’s best days often follow the worst, investors who stay the course stand to gain the most, according to the firm’s data. […]

Trump is paying TSA agents — but where is the funds coming from?
Stocks News

Trump is paying TSA agents — but where is the funds coming from?

President Donald Trump proclaimed he would pay Transportation Security Administration agents starting this week via executive order. The announcement came after weeks of disruption at U.S. airports as TSA agents went without pay and missed work, with some quitting. The White House has been murky on details of the funding, though budget experts have isolated […]

Wall Street loses patience with Nike as turnaround drags, China weakness deepens
Stocks News

Wall Street loses patience with Nike as turnaround drags, China weakness deepens

Nike may have beat Wall Street’s fiscal 2026 third-quarter earnings expectations but it wasn’t enough to win over investors losing patience with CEO Elliott Hill’s turnaround. The sneaker giant expects sales to be down for the rest of the year and its recovery in China to last through fiscal 2027, slated to end next spring. […]

Walmart-owned Sam's Club raises its annual membership fee to $60
Stocks News

Walmart-owned Sam's Club raises its annual membership fee to $60

Walmart-owned Sam’s Club is hiking its annual membership fee by $10 in May. Its latest price tag of $60 per year for basic membership and $120 for its higher-tier program will cost less than Costco’s fees, but more than those of BJ’s Wholesale. Higher gas prices due to the Iran war have put a spotlight […]

TSA shutdown: GOP leaders Thune and Johnson boost two-track approach to funding DHS
Stocks News

TSA shutdown: GOP leaders Thune and Johnson boost two-track approach to funding DHS

Republican leaders in Congress published Wednesday a two-track plan to fund the Department of Homeland Security, including the Transportation Security Administration. DHS has been shut down for nearly two months, as Democrats withheld funding over concerns about the agency’s immigration enforcement practices. TSA agents worked without pay, leading to long airport lines amid workers quitting. […]

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