May 9, 2024
Funds

This Fund Owns SpaceX and Other Unicorns. It Soared From $9 to $100 in 2 Weeks.

The initial public offering market is showing signs of life again. And the optimism following the strong debuts for Reddit and AI cloud infrastructure company Astera Labs appears to be spreading. Case in point: A closed-end fund that invests in Elon Musk’s SpaceX, Fortnite maker Epic Games, OpenAI, fintech giants Stripe and Chime and other

Read More
Investors

Investors Don’t Need to Sweat the Latest Boeing 737 Safety Incident. The Data Show Why.

Now Boeing investors, whether they like it or not, have to prepare themselves for Monday’s trading session with as much detail—and context—as possible. On Friday, a United Airlines flight was found to be missing an external panel when it landed in Oregon. The plane involved was a 25-year-old 737 NG, or Next Generation, model. Boeing’s

Read More
Funds

Koch network halts Nikki Haley funding after South Carolina loss

Republican presidential candidate and former U.S. Ambassador to the United Nations Nikki Haley reacts while speaking about her husband, Maj. Michael Haley, who is currently deployed with the South Carolina National Guard, during a campaign stop at the Clemson University at Greenville ONE building ahead of the Republican presidential primary election in Greenville, South Carolina,

Read More
Funds

Senate tests Israel, Ukraine bill support, vote on Super Bowl Sunday

U.S. Senate Majority Leader Chuck Schumer (D-NY) holds a press conference after the Senate passed a continuing resolution to avoid a shutdown of the federal government, in Washington, U.S., November 15, 2023.  Elizabeth Frantz | Reuters Senators on Sunday voted to move forward with a $95 billion aid package to fund Ukraine, Israel and Taiwan,

Read More
Investors

Boeing drags down Dow futures as investors fret over Fed trajectory

U.S. stock futures indicate a cautious session on Wall Street after a plunge in Boeing shares and amid uncertainty over Federal Reserve policy. How are stock-index futures trading S&P 500 futures ES00, -0.22% dipped 11 points, or 0.3% to 4724 Dow Jones Industrial Average futures YM00, -0.49% fell 183 points, or 0.5% to 37536 Nasdaq

Read More
Investors

Europe’s Decision to Ground Boeing 737 MAX 9 Jets Tells Investors Something

The European aviation regulators have followed orders by the Federal Aviation Administration for the temporary grounding of many Boeing 737 MAX 9 aircraft, after a MAX 9 operated by Alaska Air lost a section of its fuselage in midair on Friday. The damaged plane was able to return to the Portland, Ore., airport, where the

Read More