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CNBC’s Jim Cramer is cautious about SpaceX’s upcoming initial public offering, but points to three near-term triggers that could significantly improve the investment case. “Purely by the numbers, it’s very hard to justify giving SpaceX a $2 trillion valuation,” the “Mad Money” host said, referring to the reported valuation target.Elon Musk’s SpaceX plans to begin trading on June 12 and released its IPO prospectus last week. The filing reveals that the company is making huge losses on less than $20 billion in annual revenue as it invests heavily in artificial intelligence infrastructure and the Starship rocket program. “At $2 trillion,…

Analysts say SK Hynix’s ferocious rally could continue, even after the South Korean memory chip giant soared more than 250% this year on rising demand for artificial intelligence. SK Hynix’s market capitalization has surpassed $1 trillion as investors flock to the company seen as the main beneficiary of the global race for high-bandwidth memory chips used in AI servers. “The fundamentals and valuations of the two twin towers still appear to be largely intact,” Peter Kim, global investment strategist at KB Securities, told CNBC’s “Squawk Box Asia”, referring to SK Hynix and Samsung Electronics. But some strategists argued that despite…

‘Summer House’ reunion: West Wilson reveals when relationship with Amanda Batula turned romanticWest Wilson heated up the Summer House cast about the details of his new relationship. During Part 1 of the Season 10 reunion, the 31-year-old revealed the true timeline of her controversial relationship with Amanda Batula, 34, who announced on January 19 that her four-year marriage to Kyle Cooke had ended. According to West, the Jersey native made his first move towards Batula in late February, when he ended his on-again, off-again relationship with her best friend, Ciara Miller. West confessed to host Andy Cohen on Bravo on…

Stock chart iconStock chart iconBoost Run’s year-to-date stock performance. boost run: “This is a very popular stock. Look, if you’re willing to guess, I’ll bless this.”Stock chart iconStock chart iconDoorDash’s year-to-date stock performance. door dash: “I think DoorDash is a buy. There’s a real group of stocks right now, Uber, DoorDash, Reddit, and they’re going down. People want to own the hardware, but they don’t want to own anything else, they don’t want to own Zscaler, they don’t want to own software. They only want Semi. They only want Semi. That’s hurting DoorDash.”Stock chart iconStock chart iconLeidos stock price performance…

Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. As a rally in tech stocks pushes the S&P 500 index to new records, here’s what CNBC TV producers were watching and what they’re eyeing to trade next. Big Tech CEOs appearing on the big edition of “Mad Money” with Jim Cramer on Wednesday night. Both Snowflake and Salesforce will debrief afterward. Neither stock has performed as well as investors expected. Snowflake CEO Sridhar Ramaswamy will…

After their romance ended in 2018, the two decided to give their relationship another chance. While celebrating her 28th birthday, Cheyenne confirmed on Instagram that she’s back with Zach. The couple welcomed their first child, son Ace, in May 2021, and got married in September 2022. “For the past two years, we’ve been crossing things off our list,” Cheyenne told E! News for 2024. “We wanted a baby, we had Ace. We wanted to get married, we had a wedding. We wanted to buy a house, we bought a house.” And now, she continued, “I don’t want to do anything.…

Victoria Harbor in Hong Kong.Yaolshen | Moments | Getty ImagesAsia-Pacific markets rose on Wednesday, with Japanese and South Korean benchmark indexes hitting new highs as investors took stock of recent U.S. military action against Iran, the fragile state of the Washington-Tehran ceasefire and optimism that a deal could still be reached.Japanese Nikkei Stock Average The stock rose 1.49%, setting a new record, while TOPIX rose 0.57%.South Korea’s Kospi rose 4.84%, while the small-cap Kosdaq fell 0.68%. Samsung Electronics shares rose 6% after the South Korean company’s union approved a provisional wage agreement, averting a potential strike that could disrupt global…

The SK Hynix logo will be displayed on the glass wall during the 2026 World IT Show to be held in Seoul on April 22, 2026. Jung Young Jae | AFP | Getty ImagesSK Hynix stock rose as much as 11% on Wednesday, pushing the South Korean chipmaker’s market capitalization above $1 trillion as investors continued to flock to artificial intelligence-related semiconductor stocks.SK Hynix’s share price has soared about 250% since the beginning of the year, fueled by a surge in demand for high-bandwidth memory chips used in AI servers and accelerators, further extending the stock rally. The company has…

Steam cracker unit at BASF’s Zhanjiang Verbund location in Zhanjiang, Guangdong Province, China, on Thursday, March 26, 2026.Bloomberg | Bloomberg | Getty ImagesBEIJING – To maintain global competitiveness, more European companies are maintaining or expanding their supply chains in mainland China, according to survey results released Wednesday by the European Union Chamber of Commerce in China.According to the report, nearly one-third of respondents said they were further expanding their domestic footprint into China, and 37% said they had not changed their supply chain strategy in the past two years.The survey was conducted between January and February based on responses from…

Dubbed the “Sommermarchen,” or “summer fairy tale,” the 2006 World Cup in Germany was widely praised as a showcase of a modern, unified nation that welcomed fans from all over the world.Part of its success was the “combi ticket” which allowed fans to use local public transport for free on match days.Recommended stories list of 4 itemsend of listSince then, World Cup host countries have invested heavily in transporting fans to and from games, particularly in Russia in 2018, where long-distance trains between host cities were also free, and in Qatar in 2022, free subway use made stadium hopping part…