SpaceX stock price pulled back slightly from this week's high of $139.8 to $133 as the recent rebound lost steam. SPCX remains 27% above its lowest level this month, and a top analyst from Morgan Stanley believes it may double soon.
Morgan Stanley Direct Lending Fund NYSE: MSDL reported second-quarter net investment income of $38.2 million, or $0.45 per share, down from $0.47 per share in the prior quarter, as higher contributions from its Capstone joint venture were offset by new non-accruals and increased financing costs.
Fixed income ETF positioning and the rise of active ETFs were the focus on this week's ETF Prime. Host Nate Geraci welcomed Rebecca Ventre, senior fixed income client portfolio manager at Vanguard, and John Mayer, chief ETF strategist at J.P.
Eli Lilly (NYSE:LLY | LLY Price Prediction) just delivered one of the cleanest beat-and-raise quarters I have seen from a mega-cap pharma in years.
Morgan Advanced Materials plc (MCRUF) Q2 2026 Earnings Call Transcript
Fresnillo PLC (LSE:FRES) has fallen behind its precious metals mining peers this year, and JP Morgan thinks the market has stopped paying attention at precisely the wrong moment. The bank kept its 'overweight' rating and 4,700p target price after Wednesday's half-year results, implying roughly 70% upside.
Investors need to pay close attention to MSDL stock based on the movements in the options market lately.
JP Morgan has raised its price target on Rolls-Royce Holdings PLC (LSE:RR.) by 11% to 1,800p, implying around 20% upside, after what it called the most impressive of the engineer's nine consecutive beat-and-raise updates.
Micron, SanDisk and SK Hynix shares have suffered a reversal of the artificial-intelligence boom, but Morgan Stanley believes forced selling behind South Korea's market crash may be losing momentum. The bank upgraded Korean equities to Overweight from Equal-weight on Monday, arguing that a “leverage washout” had created a better entry point into AI and industrial stocks.
On July 28, Morgan Stanley launched two new spot crypto ETFs on NYSE Arca. The Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) provide spot price exposure to underlying ethereum (ETH) and solana (SOL), alongside additional distributions from staking yields.
SpaceX is set to report its first quarterly earnings as a publicly listed company on August 4, but investors are increasingly focused on another event that could have an even bigger impact on its share price. Two business days after the earnings release, the company's first lock-up period will expire, allowing pre-IPO investors to sell nearly one billion shares—significantly more than the number sold during SpaceX's record-breaking public offering in June.
Kinder Morgan (KMI) delivered a strong Q2, exceeding internal and analyst expectations, prompting management to raise full-year guidance. KMI's cash flow is highly contracted, with 65% take-or-pay and 26% fee-based, supporting a robust project pipeline and dividend sustainability. Management expects adjusted EBITDA to be at least 5% above budget and EPS at least 12% above plan, with major project benefits materializing in 2029.