Share Market

Daily stock & share market news and analysis covering global equities, major indices, company earnings and the key economic drivers.

SpaceX IPO retail orders top $100 billion as record listing reshapes private markets

Retail investors have submitted more than $100 billion in orders for SpaceX shares, highlighting the extraordinary demand behind what could become the largest IPO in history. The company is seeking to raise about $75 billion at a valuation near $1.8 trillion, while the listing is also set to unlock billions for early backers and reset valuation benchmarks across private technology markets.

SpaceX IPO a great opportunity or bull trap?

SpaceX could become one of the most important companies in the world and still disappoint public investors. That is the uncomfortable part of the IPO story.

SpaceX IPO order book closes as demand hits $250 billion

The SpaceX IPO is entering its final order-taking stage with investor demand reportedly reaching about $250 billion. The company is seeking to raise $75 billion, making the deal roughly 3.3 times oversubscribed before pricing and its expected Nasdaq debut.

Oracle earnings become a reality check for the AI cloud story

Oracle’s upcoming results are not being treated like a normal quarterly update. Investors are looking at this report as a reality check for one of the most aggressive AI-cloud growth stories in the market.

Nvidia deepens its AI supply chain as DGX Spark brings supercomputing to the desk

Nvidia’s AI story is no longer about selling chips into data centres. The company is now trying to control more of the ecosystem around those chips, from supply chain financing to developer hardware.

Micron joins the trillion-dollar club as AI memory becomes the new bottleneck

Micron has now reached a market valuation above $1 trillion, while its share price is trading close to the $1,000 mark, after a surge driven by demand for high-bandwidth memory and tighter supply across the memory market.

Nvidia record quarter still leaves investors asking how long the AI boom can run

Nvidia delivered another quarter that would be hard to call anything other than exceptional. Revenue hit a fresh record, profits surged, data-centre demand stayed strong, and the company announced another huge buyback.

Broadcom’s AI story strengthens after expansion with Google

Broadcom’s AI narrative has become harder for the market to dismiss after the expansion of its partnership with Google and Anthropic. The latest agreement gives Anthropic access to multiple gigawatts of next-generation TPU capacity starting in 2027.

S&P 500 outlook: Morgan Stanley raises target to 8,300 after earnings crush expectations

Morgan Stanley has turned more constructive on US equities, arguing that a blowout earnings season and a still-resilient economy can keep the rally going. The bank now sees the S&P 500 reaching 8,300 over the next 12 months, as stronger-than-expected corporate profits continue to outweigh geopolitical noise, credit worries and concerns about AI-related disruption.

Meta AI spending is starting to worry investors despite record earnings

Meta posted another huge quarter, reporting record revenue of $56.31 billion, up 33% from a year ago, while EPS came in at $10.44 versus expectations of around $6.67.