Investing

Virgin Galactic’s spacecraft Unity reaches space for the first time. Source: Virgin Galactic Ark Invest, which operates the largest actively managed exchange-traded fund, plans to add a “Space Exploration ETF” under the ticker ARKX, according to a securities filing on Wednesday. While the ETF’s constituents have yet to be announced, shares of space companies Virgin
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Fuel prices are displayed at an Exxon Mobil Corp. gas station in Arlington, Virginia, U.S., on Wednesday, April 29, 2020. Andrew Harrer | Bloomberg | Getty Images Company: Exxon Mobil Corp. (XOM) Business: Engaged in the exploration, production, transportation and sale of crude oil and natural gas, and the manufacture, transportation and sale of petroleum products.
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The first AR1 rocket engine Aerojet Rocketdyne Aerojet Rocketdyne finished building the first in its next-generation AR1 engine series, despite lacking both a customer and plans to test fire it for about two years. The AR1 rocket engine is located at the company’s facility at NASA’s Stennis Space Center in Mississippi – and its completion
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A Southwest Airlines Boeing 737 passenger jet Robert Alexander/Getty Images Wall Street is calling for recovery, reflation and rotation this year amid continued accommodative monetary and fiscal policy, according to analysts. Among the bulls, strategists from J.P. Morgan estimate that the S&P 500 could reach 4,400, with a range of 4,200 to 4,600. “Global growth
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Billionaire investor Carl Icahn warned of the possibility of a significant decline for stocks at some point, telling CNBC’s Scott Wapner that “wild rallies” in the market always meet a dramatic end. Wapner reported Icahn’s warning on “Halftime Report” during a turbulent day for the stock market. “In my day I’ve seen a lot of
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Tesla’s stock is stupidly expensive. It may go higher and shareholders may be rewarded, or it may languish or fall. There is no law prohibiting stupidly expensive from becoming moronically expensive. Moreover, speculative companies that actually achieve explosive sales and profit growth for a number of years can actually make outlandish valuations seem justified for
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