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Cassandra Unchained· 2026-03-13 15:45
Must read - this is free and not me.https://t.co/639iFHMiAYThis is the most SHAMELESS structural manipulation of a major index I've ever seen.SpaceX is preparing what could be the largest IPO in history.Target valuation: $1.75 trillion.That would make it the sixth-largest company in America on day one.And Nasdaq wants the listing so badly they're literally CHANGING how the Nasdaq-100 works.In February, Nasdaq published a "consultation" proposing sweeping changes to how companies enter the index. The timing ...
Elon Musk Talks About What His Trillion Dollar Net Worth Will Look Like: 'It's Not Like It's Sitting In...'
Yahoo Finance· 2026-03-13 15:01
Group 1: Elon Musk's Trillion-Dollar Fortune - Elon Musk discussed the implications of his potential trillion-dollar fortune, emphasizing that it represents ownership percentages in the companies he has built rather than liquid cash [2][4] - Musk highlighted that the value of his net worth is tied to the performance and utility of the companies, which he believes are doing "useful things" that contribute to their overall value [3][4] Group 2: SpaceX IPO and Valuation - SpaceX is preparing for a potential IPO this year, following its acquisition of Musk's AI startup xAI, with a combined valuation estimated at around $1.25 trillion [6] - Musk has suggested a possible valuation of $1.75 trillion for SpaceX ahead of the IPO [6] Group 3: Tesla's Pay Package - Tesla's new pay package for Musk, approved by investors in November, is linked to specific performance milestones, including the production of 1 million Robotaxis and Optimus Humanoid robots, 10 million active Full Self-Driving subscriptions, and 20 million vehicle deliveries [7][8]
Tech stocks today: Big Tech stocks sell off, Anthropic considers IPO as soon as Q4
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks are under pressure following a sell-off in social media and chip stocks, leading the Nasdaq Composite index into a correction [1] - A Los Angeles jury found Alphabet's YouTube and Meta liable for harm to a young user, ordering them to pay $3 million in compensatory damages [1] Group 2 - Nvidia unveiled new AI chips and an agentic AI platform at its developer conference, prompting investor evaluation of its AI offerings [2] - Arm announced its entry into the AI chip market with a new data center chip and server rack, resulting in a stock increase of over 12% in extended trading [2] Group 3 - Anthropic and SpaceX are nearing their IPOs, while memory chip stocks declined after Google researchers introduced a tool to reduce memory intensity [3] - Apple CEO Tim Cook reported strong enthusiasm for the new, low-cost MacBook [3]
Tech stocks today: Big Tech stocks recover, Meta tests a premium Instagram subscription
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks advanced in premarket trading after a rough start to the week, with the Nasdaq Composite index entering a correction phase [1] - Chip stocks experienced a decline as investors evaluated the impact of Google's TurboQuant algorithm, which enhances the efficiency of running AI models [1] - French AI startup Mistral raised $830 million to finance a data center utilizing Nvidia's advanced chips [1] Group 2 - Anticipation is building around two significant IPOs from Anthropic and SpaceX, expected to occur as early as this year [2] - Nasdaq announced a rule change that may expedite the inclusion process for large IPOs into the Nasdaq 100 index [2]
Tech stocks today: Meta, Google face legal reckoning, OpenAI narrows its focus
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks experienced a decline due to uncertainty surrounding US-Iran talks and a landmark trial verdict that increased liability for social media companies [1] - A Los Angeles jury found YouTube and Meta liable for harm to a young user, ordering them to pay $3 million in compensatory damages [1] Group 2 - Investors are assessing Nvidia's AI offerings following the introduction of new AI chips and an agentic AI platform at its recent developer conference [2] - Arm announced its entry into the AI chip market with a new data center chip and server rack, resulting in a stock increase of over 12% in extended trading [2] Group 3 - SpaceX is approaching an IPO, indicating potential growth and interest in the aerospace sector [3] - SK Hynix plans to place an $8 billion order for ASML's advanced tools, highlighting ongoing investment in semiconductor technology [3] - Apple CEO Tim Cook reported strong enthusiasm for the company's new low-cost MacBook, suggesting positive consumer reception and potential sales growth [3]
Tech stocks today: Meta plans layoffs, OpenAI shuts down Sora video platform
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks experienced a rise on Wednesday after a previous downturn, influenced by ongoing conflict in Iran [1] - Nvidia continues to attract investor interest following the introduction of new AI chips and an agentic AI platform at its recent developer conference [1] - Arm announced its entry into the AI chip market with a new data center chip and server rack, resulting in a stock increase of over 12% in extended trading [1] Group 2 - SpaceX is reportedly nearing an IPO, indicating potential growth and investment opportunities in the aerospace sector [2] - Cisco showcased new security offerings tailored for AI agents, reflecting the increasing focus on cybersecurity in the tech industry [2] - SK Hynix plans to place an $8 billion order for ASML's advanced tools, highlighting significant investment in semiconductor technology [2] - Apple CEO Tim Cook noted strong enthusiasm for the company's new low-cost MacBook, suggesting positive consumer reception and potential sales growth [2]
Tech stocks today: Big Tech stocks rally, Meta tests a premium Instagram subscription
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks experienced a rebound on Tuesday after a decline earlier in the week, with the Nasdaq Composite index entering a correction phase [1] - Memory chip stocks initially fell in premarket trading but recovered as investors evaluated the implications of Google's TurboQuant algorithm, which enhances AI model efficiency [1] - French AI startup Mistral secured $830 million for a data center utilizing Nvidia's advanced chips, indicating strong investment interest in AI infrastructure [1] Group 2 - Marvell's stock price surged following Nvidia's announcement of a $2 billion investment, integrating Marvell into its AI partner ecosystem [2] - Anticipation is growing for two significant IPOs from Anthropic and SpaceX, with Nasdaq implementing a rule change to expedite the inclusion of large IPOs into the Nasdaq 100 index [2] Group 3 - Tesla is set to release its first quarter delivery numbers, which will provide insights into the evolving electric vehicle market [3]
Tech stocks today: OpenAI shuts down Sora, Arm launches data center chip
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks experienced a rise on Wednesday after a previous downturn, influenced by ongoing conflict in Iran [1] - Nvidia continues to attract investor interest following the introduction of new AI chips and an agentic AI platform at its recent developer conference [1] - Arm announced its entry into the AI chip market with a new data center chip and server rack, resulting in a stock increase of over 12% in extended trading [1] Group 2 - SpaceX is reportedly nearing an IPO, indicating potential growth and investment opportunities in the aerospace sector [2] - Cisco showcased new security offerings tailored for AI agents, reflecting the increasing focus on cybersecurity in the tech industry [2] - SK Hynix announced an $8 billion order for ASML's advanced tools, highlighting significant investment in semiconductor manufacturing [2] - Apple CEO Tim Cook noted strong enthusiasm for the company's new low-cost MacBook, suggesting positive consumer reception and potential sales growth [2]
Tech stocks today: Meta, Google stocks rise after social media verdict, OpenAI shuts down Sora video platform
Yahoo Finance· 2026-03-13 14:42
Group 1 - Tech stocks experienced a rise amid cautious optimism regarding US-Iran talks and a jury decision in a social media addiction lawsuit [1] - A Los Angeles jury found Alphabet's YouTube and Meta liable for harm to a young user, ordering them to pay $3 million in compensatory damages [1] Group 2 - Investors are assessing Nvidia's AI offerings following the company's introduction of new AI chips and an agentic AI platform at its recent developer conference [2] - Arm announced its entry into the AI chip market with a new data center chip and server rack, resulting in a stock increase of over 12% in extended trading [2] Group 3 - SpaceX is approaching an IPO, indicating significant developments in the aerospace sector [3] - SK Hynix plans to place an $8 billion order for ASML's advanced tools, highlighting ongoing investments in semiconductor technology [3] - Apple CEO Tim Cook reported strong enthusiasm for the company's new low-cost MacBook, suggesting positive consumer reception [3]