Live Updates
Live
We could soon see a SpaceX IPO. Rumors are intensifying that SpaceX could soon file its IPO prospectus—possibly as early as this week.
Even more striking are projections that the offering could raise as much as $50 billion, implying a valuation near $1.8 trillion.
If that scenario unfolds, it would instantly become one of the most significant public offerings in history. But for investors, the bigger question isn’t just whether SpaceX goes public—it’s how to position ahead of the event.
While waiting for a direct opportunity to buy into SpaceX is one approach, many investors are instead turning to stocks and ETFs already benefiting from the current surge in IPO enthusiasm. That includes the First Trust US Equity Opportunities ETF (FPX), the Renaissance IPO ETF (IPO), the Fundrise Innovation Fund (VCX), and Destiny Tech 100 (DXYZ).
Live
Analysts at Wolfe Research upgraded General Motors to a buy, with a $96 price target. The firm noted that investors are overlooking tailwinds into 2027. That includes the launch of its full-size pickup, which could be a $1.7 billion tailwind. The company could also benefit from a lower net tariff as it moves some of its production capacity to the U.S.
“Wolfe also noted that General Motors continues to pile cash into share repurchases, which is expected to fuel a nearly 15% gain in the stock. The firm estimates that General Motors’ free cash flow will stand at $9.9 billion in 2026 and $12.2 billion in 2027,” says CNBC.
After yesterday’s dizzying moves on the market, markets are soaring this morning. All after President Trump sent Tehran a 15-point plan to end the war. The S&P 500 is up 0.75%, or by 49 points. The SPDR S&P 500 ETF (SPY) is up 0.84%, or by $5.46. The Dow is up 0.77%, or by 359 points. The Nasdaq is up 0.92%, or by 223 points. Oil is down about $4 at $88.48. Gold is up $145 at $4,547. Bitcoin is up $1,101 at $71,669.05.
As noted by Israel’s Channel 12, that includes:
- The nuclear facilities at Natanz, Isfahan, and Fordow will be taken out of use and destroyed
- Transparency and oversight by the International Atomic Energy Agency (IAEA) over activities in Iran
- Iran will abandon the use of armed proxies in the region, and stop its funding and arming of regional affiliates
- Dismantling of existing nuclear capabilities that have already been accumulated
- A commitment to never strive to achieve nuclear weapons
- No nuclear material will be enriched on Iranian soil, and all enriched material will be handed over to the IAEA
- The Strait of Hormuz will remain open and constitute a “free maritime zone.”
- Iran’s missiles will be subject to a future decision, but they would be limited in quantity and range, and only for self-defense purposes
What Iran receives under the plan:
- American assistance in developing a civilian nuclear project in Bushehr for electricity production
- Removal of all sanctions
- Removal of the threat of renewed sanctions
The problem is that Iran won’t accept the U.S. effort at a ceasefire
As CNBC just reported, Iran will not accept the ceasefire offer.
“Iran does not accept a ceasefire,” that informed source told FARS, according to a translation of the news site’s Telegram page that reported the interview, as quoted by CNBC. “Basically, it is not logical to enter into such a process with those who violate the agreement.”
“Iranian military spokesman Lieutenant Colonel Ebrahim Zolfaghari mocked Trump over his latest remarks, suggesting the US is ‘ negotiating with yourselves,’” as quoted by Daily Mail.
That being said, it’ll be interesting to see how markets react at the open.
Market Movers: Netflix Named a Best Idea, by Baird
Analysts at Baird just named Netflix as a best idea.
“We expect execution throughout F26 to help restore investor confidence around the underlying drivers here – including the runway for monetization, the improvements in the member experience, and the increasingly global appeal of the offering. Beyond that, we think the stock is particularly well-positioned for the current environment, given the relative insulation from macro and AI concerns,” said the firm, as quoted by CNBC.
Analysts at Citigroup reiterated a buy rating on Amazon. They also raised their price target to $285 from $65, as it projected AWS revenue growth of +28% Y/Y in 1Q26, +29% Y/Y for 2026E, accelerating to +37% Y/Y in 2027E as its partnerships with Anthropic and OpenAI ramp.
And analysts at UBS just reiterated a buy rating on Microsoft, while lowering its price target to $510 from $600. “At 19x CY26E non-GAAP EPS, we remain Buy-rated, but acknowledge that the narrative around M365/Copilot needs to improve in order for the stock to really re-rate higher,” they added.
© Dogora Sun / Shutterstock.com