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MarketWatch
Value stocks are putting up big gains this year that widely surpass growth equities, with investors appearing optimistic about earnings growth broadening beyond technology.
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Bloomberg Markets
Bill Bradley, former US Senator and two-time NBA champion, discussed the New York Knicks' recent success, highlighting how Jalen Brunson gave up millions in free agency to allow the team more financial flexibility to build a stronger roster. He emphasized that this special group's dedication and shared beliefs have led to their success, which resonates positively with New Yorkers. He speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
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Bloomberg Markets
SpaceX had the largest stock-market debut in history when it went public on June 12. The company raised $75 billion in the initial public offering and ended its first day on the public markets with a market capitalization of around $2.2 trillion. The IPO turned SpaceX founder Elon Musk into the world’s first trillionaire.
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Heather Pringle, CEO of the Space Foundation, discussed the impact of SpaceX's historic $75 Billion IPO on the broader space industry and investment landscape. She highlighted that SpaceX's public listing marks a significant milestone for a maturing space sector, demonstrating viable pathways to profitability through communications, launch services, and navigation technologies. she speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)
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