BlackBull Markets

SpaceX is reportedly targeting a $1.8 trillion IPO valuation, with Reuters reporting a planned sale of 555.6 million shares at $135 each.

But Morningstar is not buying the price tag. The firm initiated coverage with a fair value estimate of $780 billion, less than half the IPO target, arguing investors may get a better entry point after the listing.

#SpaceX #IPO #Starlink #Stocks #Markets #Investing #BlackBullMarkets

16 hours ago | [YT] | 1

BlackBull Markets

Investors continued to reward almost anything linked to #artificialintelligence, #cloud, and #semiconductors. Not #Bitcoin though

19 hours ago | [YT] | 0

BlackBull Markets

Bitcoin fell 5.8% today to $67,000, its lowest level since early April, taking its yearly decline to 36.6%.

This might be expected if all risk assets were down. But we are in one of the strongest risk asset rallies in recent memory. That is what makes bitcoin’s weakness stand out.

#Bitcoin has a scarcity narrative and the political narrative (The Trump administration was viewed as the ultimate bull case for crypto), but those have not been enough obviously.

Across equities, investors have continued to reward almost anything linked to #artificialintelligence, #cloud, and #semiconductors.

In recent sessions, Dell jumped 30% after its AI server update, #HPE surged 28% after earnings, #Marvell rose more than 25% after #Nvidia CEO Jensen Huang praised the chipmaker. The rally has also reached names outside the core chip trade, with #Nokia hitting a 16-year high after its April results and #Fastly more than doubling in 2026.

Against that backdrop, bitcoin’s failure to participate in the broader rally is difficult to ignore.



Trading involves risk and may not be suitable for all investors. The information provided in this article is for educational purposes only and does not constitute financial advice. Always conduct thorough research and seek professional advice before making any investment decisions.

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21 hours ago | [YT] | 0

BlackBull Markets

#Strategy shifts from “never sell” to "balance sheet management"

#Bitcoin #crypto #HODL

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1 day ago | [YT] | 2

BlackBull Markets

#GoldmanSachs also raised its year end #copper price target to $13,735 per metric ton, up from its previous forecast of $12,465.

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1 day ago | [YT] | 3

BlackBull Markets

Which 2 Big banks have raised their #copper targets?

1 day ago | [YT] | 0

BlackBull Markets

#HPE shares are up 30% after a Q2 beat that was led by servers, Cloud & AI demand, and a major guidance upgrade. #HewlettPackard

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1 day ago | [YT] | 0

BlackBull Markets

#Oil faces a fresh week of uncertainty

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1 day ago | [YT] | 0

BlackBull Markets

US #gasolinefutures were trading at $3.20 per gallon in late May, close to their lowest level in more than a month, as a White House official confirmed an #Axios report that US and Iranian negotiators had reportedly agreed to a 60-day memorandum of understanding to extend a ceasefire. However, President Donald #Trump has yet to give final approval to the agreement.

Despite the apparent progress, tensions remain elevated. Iran’s armed forces fired missiles at unidentified targets late Thursday local time, while new satellite imagery analysed by #CNN showed Iran is regaining access to large quantities of missiles stored in underground facilities.

The gasoline market is also being shaped by tightening US inventories. #Gasoline stocks fell for the 15th consecutive week in May.

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5 days ago | [YT] | 3

BlackBull Markets

American Eagle and Gap both fell after earnings disappointed Wall Street. #Gap cut its full year sales outlook after weaker than expected Old Navy sales, while #AmericanEagle missed expectations despite strong growth at Aerie.

5 days ago | [YT] | 3