How One Hedge Fund Is Replacing Human Analysts With AI Bots

Jun 9, 2026 | Markets

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...

SpaceX, Anthropic, OpenAI Can Rewrite History for Megacap IPOs

Jun 9, 2026 | Markets, Private Credit

The history of megacap initial public offerings shows that the stocks usually slump in the first year of trading. But upcoming listings from SpaceX, Anthropic and OpenAI are big enough and systemically important enough to the market that those analogies may not apply....

Elon Musk to Attend ASML’s Private Tech Event to Discuss Terafab

Jun 6, 2026 | Markets

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...

Nasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets Wrap

Jun 6, 2026 | Markets

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...

Tech Selloff, Bitcoin Drop Test Retail Investor Strength Ahead of SpaceX IPO

Jun 5, 2026 | Markets

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....

SpaceX and Other Mega IPOs May Wait Years to Join the S&P 500

Jun 5, 2026 | Markets

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...