New York City Comptroller Mark Levine says the unprecedented control that Elon Musk will have over SpaceX represents a new level of disregard for regular shareholders’ rights. “I understand that we are in an era of founders wanting more control,” Levine said in an...

Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade. As a result, analyst Ohsung Kwon said the “sugar rush” behind the...

Magnetar Capital, the $18 billion hedge fund firm, will shun human analysts for its newest offering and instead deploy hundreds of AI bots to research stocks. The firm’s AI technology seeks to replicate the depth of research and analysis usually provided by fleets of...

Elon Musk will virtually attend a closed door technology conference run by ASML Holding NV to discuss his Terafab project, which the chip-equipment maker considers a “serious endeavor.” ASML invited Musk to speak to employees about Terafab, a SpaceX-Tesla joint...

Wall Street’s historic weekly run came to a halt, with stocks hit by a tech selloff and higher bond yields after a solid jobs report added to bets the Federal Reserve’s next interest-rate move will be a hike. That repricing of the Fed outlook coincided with a swoon in...

For years, Wall Street has benefited from one of the most reliable forces in modern markets: a retail-trader army willing to buy almost anything. Friday offered a glimpse of what happens when several of those trades come under pressure at the same time....

Mega-IPO candidates including SpaceX are expected to face a long road to entry to the S&P 500 Index, after the company that makes the rules rejected a proposal that included relaxing the requirement that they be profitable. S&P Dow Jones Indices’ index...

Only one Wall Street analyst still rates Lululemon Athletica Inc. as a buy after the upscale yogawear company cut its annual forecast amid slumping sales in North America. BTIG LLC analyst Janine Stichter downgraded the firm to a neutral rating from a buy on Friday...

SpaceX has requested unusually swift entry into several leading stock market indexes as a condition of its historic stock market debut. But the S&P 500 stock market index representing many of the largest profitable US companies has surprised market analysts by...

Switzerland’s army chief said the country is fast-tracking the purchase of anti-drone systems as incursions mount over civilian and military infrastructure. Rising intrusions means the Swiss have been buying “systems as quickly as possible to protect the army against...

If SpaceX’s IPO goes off as planned, it’ll be a pivotal moment for many of the company’s thousands of employees, who’ll finally be able to sell shares into the public market. That prospect has created a groundswell of business for wealth advisers who specialize in...

Broadcom (AVGO) closed down 12.6% Thursday, erasing $280 billion in market value, putting it among the biggest single-stock wipeouts of the megacap era. The trigger was Broadcom's AI outlook. The company beat quarterly earnings expectations, but its AI chip sales...