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SpaceX to pursue 2026 IPO raising above $25 billion, source says

In Today’s News

👀 This simple trade happens 3-5x’s a week, Options expert shares his strategy. [sponsor]

GameStop quarterly revenue misses estimates amid struggles with digital pivot

The Grapevine, Texas-based company, once a ‍dominant force in physical game sales and a poster child of the 2021 meme-stock frenzy, has struggled to reinvent itself as gamers increasingly favor online ​purchases and subscription platforms over visits to brick-and-mortar stores.GameStop has expanded …

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SpaceX to pursue 2026 IPO raising above $25 billion, source says

SpaceX has started ​discussions with banks about the public listing, which could ‍be around June or July, the person said. Musk had said in 2020 that SpaceX planned to list Starlink several years in the future once its revenue growth became “smooth & ​predictable”.SpaceX did not immediately res …

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Featured Article

Trump to kick off final round of Fed chair interviews this week, FT reports

Trump and Treasury Secretary ​Scott Bessent are scheduled to meet with former Fed governor ​Kevin Warsh on Wednesday, ⁠the FT reported, ‌citing three senior administration officials.The administration ⁠officials said ​that National Economic Council director ‌Kevin Hassett re …

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Elon’s Greatest Invention… Hidden in South Memphis? [sponsor]
 Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon’s greatest invention ever… Yes, even bigger than Tesla or SpaceX. Click here now because after November 1st, it could be too late.

Other Headlines

Defense bill would require US military to end reliance on Chinese display tech by 2030

SAN FRANCISCO, Dec 8 (Reuters) – The final ⁠text of a U.S. military spending bill released on Monday would require the Pentagon ⁠to end its reliance on China and other countries for electronic display technology by ​2030.The U.S. National Defense Authorization Act, a law passed each ‍year …

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Spotify expands music videos access to premium users in US, Canada to take on YouTube

Video content offers a more immersive and engaging experience than audio alone, which could help ​attract more users and advertisers.Spotify’s shares were up nearly 4% in afternoon ‍trading. The stock has risen around 28% so far this year.Following the beta launch in nearly 100 markets last year, th …

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Market Wizard’s “Single Stock Retirement” [sponsor]
 Hedge fund vet Larry Benedict reveals how you could fast-track your retirement – no matter what happens in the market – with just one stock. Get the name of Larry’s stock here.

Trump-brokered truce under threat as Thailand-Cambodia fighting reignites

BANGKOK/PHNOM PENH, Dec 8 (Reuters) – Thailand said its fighter jets struck Cambodia on Monday in an attempt to cripple its military capability, as ⁠a re-eruption of border hostilities derailed a fragile ceasefire brokered by U.S. President Donald Trump.Each side blamed the other for starting clashes tha …

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Deadline Tonight: Access the Stocks Poised to Win Big [sponsor]
 Trump’s new tariff proposal is about to shake up the markets, and smart investors are already positioning themselves. Our latest report reveals five companies set to thrive under the new policies. You have until midnight to get early access. Stay ahead-don’t miss out on this crucial insight. Claim your exclusive report before it’s gone!

Trading Day: Nervy Fed vigil almost over

More on ⁠that below. In my column today, I look at a potential wild card from the Fed on Wednesday – large-scale bill purchases of $45 billion a month to make sure bank reserves remain ample and there is no risk of a repo market freeze and spike in interbank rates like there was in September 2019.If you …

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Musk’s warning signal: Prepare before the cascade begins [sponsor]
 Musk’s AI move wasn’t just restructuring-it’s the first tremor of a coming financial quake. March 10 started a shift that could divide America’s economy. Louis Navellier created a critical briefing on what’s next-and how to protect your wealth. Watch it now before the window closes.

Home Depot sees fiscal 2026 sales, profit below estimates amid sluggish spending

Dec 9 (Reuters) – Home improvement chain Home Depot on Tuesday ⁠forecast fiscal 2026 comparable sales growth and profit below analysts’ estimates as demand for do-it-yourself projects and ⁠big-ticket items cools.Shares of the company were down about 1% in afternoon trading as the retailer outlined à …

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