Topic
market value
Spacex Shares Surge Past Amazon in Market Value After IPO Frenzy; Options Trading Begins
SpaceX shares surged more than 14% on Tuesday, pushing its market capitalization above Amazon and briefly past Microsoft. Options trading began with strong demand, and the company's IPO proceeds rose to $85.7 billion. Analysts caution about volatility given the company's limited public float and high valuation.
Business Broadcom's $440 Billion Market Cap Drop Amid AI Outlook Concerns
Broadcom's market cap fell by over $440 billion after its Q2 2026 earnings report revealed a softer AI chip sales outlook. Despite record revenue and tripling its AI chip business year-on-year, investor expectations were not met, leading to a significant market reaction.
Top Indian Firms Lose Rs 1.54 Lakh Crore in Market Value
Seven of India's top ten companies saw a combined market valuation loss of Rs 1.54 lakh crore, with Reliance Industries suffering the steepest decline. Despite the losses, Reliance remains India's most-valued company.