Canada News

US-Iran tensions lift oil as stocks slip

Broadcom Inc. shares have been on a tear. But with earnings arriving after the bell, investors will have a chance to assess whether the rally has gone too far. Alphabet Inc. upsized its equity raise to $84.75 billion from the $80 billion it announced just two days earlier in a bid to help fund growing artificial-intelligence spending plans. Meta Platforms Inc. is selling businesses access to an AI agent for the first time, its latest effort to generate revenue to offset the company’s hefty investments.

SpaceX is planning to offer shares ​at $135 apiece to raise $75 ​billion in its ⁠initial public ​offering, according to people familiar with the matter, as Elon Musk rejects another Wall Street convention by setting a fixed price ahead of the marketing phase of the deal. Bill Ackman is looking to sell his stake in Universal Music Group NV just days after the Amsterdam-listed group rejected a takeover bid by the hedge-fund billionaire.

oil higher, US-Iran clashes, stocks decline, Broadcom earnings, Alphabet equity raise, Meta AI agent, SpaceX IPO price, Elon Musk, Bill Ackman, Universal Music Group takeover rejection

4 Comments

  1. Alphabet raising more money AGAIN? Like just keep dumping paper for the AI hype. Also US-Iran tensions lifting oil sounds like a bad sign but people are still buying shares??? I’m confused.

  2. Wait SpaceX IPO at $135? Thought it was gonna be like $100 something. If Elon set the price already, doesn’t that mean it’s already doomed or the banks can’t manipulate it or whatever lol. And Broadcom earnings after the bell—so is that why stocks slipped?

  3. Meta selling access to an AI agent sounds like they’re just charging for the same thing everyone has. Meanwhile oil goes up because Iran stuff?? Like that’s literally why my app says gas might spike again. Also Bill Ackman selling UMG stake… doesn’t that mean the takeover was secretly a win for him?

Leave a Reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Secret Link