Carmen Reinicke

SpaceX shares held steady on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.

The stock closed up 6.1% after fluctuating between gains and losses of less than 3% in early trading.

(Bloomberg) -- SpaceX shares rose on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.

SpaceX shares jumped for a second straight day bringing them close to breaking back above the company’s $135 initial public offering price for the first time since falling below the key level last month.

CoreWeave Inc. shares have been on a roll lately after a monthslong slump. Now, the neocloud provider’s earnings after the close Tuesday can give investors a sense of whether the rally is sustainable.

(Bloomberg) -- CoreWeave Inc. shares have been on a roll lately after a monthslong slump. Now, the neocloud provider's earnings after the close Tuesday can give investors a sense of whether the rally is sustainable.

(Bloomberg) -- Since SpaceX went public in June, Wall Street had been dreading Aug. 6, when the first lockup preventing early investors from selling the stock expired and millions of shares were set to flood the market.

Shares surged 35% in five sessions after the expiry unlocked millions of shares but failed to trigger the selloff investors had feared.

After ripping through the first half of the year, memory stocks are struggling to regain momentum as growing concerns about the state of the artificial intelligence trade overshadow their strong fundamental backdrop.

(Bloomberg) -- After ripping through the first half of the year, memory stocks are struggling to regain momentum as growing concerns about the state