Billionaire Ken Griffin’s Citadel Advisors has been increasing its stake in drugmaker AbbVie (NYSE: ABBV) in recent months. In the second quarter, Citadel purchased 2.7 million shares of AbbVie at an average price of $234.57, for a total investment of about $633 million. That takes Citadel’s stake in AbbVie to 3.2 million shares, worth $909

Elon Musk just promised millions of people a gift. On Monday, the co-founder and CEO of Tesla (NASDAQ: TSLA) and Space Exploration Technologies (NASDAQ: SPCX) wrote in a post at X — the social media platform formerly known as Twitter — “Next year, I will give one of my SpaceX shares to every kid in

A quarterly revenue report that missed Wall Street expectations sent Carpenter Technology (NYSE:CRS) tumbling 22.5% this week, overshadowing an earnings beat. Carpenter Technology stock changed hands at $292.26 as of the close on Friday, Oct. 23, down 24.5% this week from Friday, Oct. 16’s close, according to data provided by S&P Global Market Intelligence. Over

Scanfil Oyj stock closed at €12.0 on Friday, after a choppy week that left the share down 8.1% over seven days and 3.8% over the past month. The price suggests nerves. The fresh Q3 2026 report tells a different story. Revenue reached €252.2m with net income of €11.6m and earnings per share at €0.18. For

Elon Musk founded Space Exploration Technologies (NASDAQ: SPCX) in 2002 with a simple but ambitious goal: to drive down the cost of space transportation. The company has since expanded into satellite internet connectivity and artificial intelligence (AI), unlocking significant revenue streams that paved the way for its recent initial public offering (IPO). SpaceX stock quickly

The stock market will crash again at some point. There have already been numerous boom-and-bust cycles throughout the stock market’s history, making the next crash more a matter of when than if. Unfortunately, nobody actually knows when it will happen. Therefore, the best way to defend against a stock market crash is to have a

Space infrastructure and generative artificial intelligence (AI) are two of the hottest megatrends currently taking Wall Street by storm. And Space Exploration Technologies (NASDAQ: SPCX) offers exposure to both. That said, with a market cap of $2.16 trillion, investors will naturally wonder if the company can still generate enough momentum to move the needle. Let’s

Quick Read Altria (MO) reports Q3 earnings Oct. 29, with the stock up 35% year to date on Marlboro’s pricing strength offsetting cigarette volume declines. Marlboro’s retail share slipped from 40% to 40% to 39.5% as discount cigarettes captured 34% of the market, pressuring margins heading into Q3. After back-to-back earnings-day drops of 5% and

Quick Read CAT’s $72 billion backlog, with 59% expected to ship within 12 months, anchors the bull case after shares fell 15% over the past month. Power generation sales surged 72% last quarter on data center demand, but $2.2 billion in full-year tariff costs remain a significant headwind. Wall Street expects Q3 EPS to jump

With the UK government preparing a £40b plus housing programme and fresh borrowing powers for local projects, long term cash flows are back in focus for British assets tied to the real economy. When policy leans toward bricks, mortar and infrastructure, investors often start hunting for solid cash generators that markets have priced too cautiously.

With incredible gains of 350% over the past year, shares of Micron Technology (NASDAQ: MU) have easily outpaced the 68% jump in the PHLX Semiconductor Sector index. However, Micron stock has been in the doldrums of late, sliding 25% from the 52-week high it reached in June this year. Micron’s pullback is driven more by

On Oct. 20, Space Exploration Technologies (NASDAQ: SPCX) reported its 2026 third-quarter earnings, posting some impressive numbers. According to CNBC-tracked analyst estimates, revenue of $14.5 billion easily topped the $12.7 billion expected, and adjusted earnings per share of $0.45 once again beat the $0.13 expected. In addition, SpaceX reported net income of $4.4 billion, a

A stock split is a corporate action in which a company increases the number of shares it has outstanding by dividing existing shares into multiple shares and proportionately decreasing its share price. Stock splits don’t change a company’s intrinsic value, but they can garner significant attention because they make each share more affordable, potentially increasing