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...
Jun 5, 2026 | Markets
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...
Jun 5, 2026 | Markets
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...
Jun 5, 2026 | Markets
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...
Jun 5, 2026 | Markets
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...
Jun 4, 2026 | Markets
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...
