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NASDAQ: TSLA Drops 16% in One Month, Cutting $51.5 Billion From Elon Musk Net Worth

The prolonged slide has reduced Elon Musk's net worth by approximately $51.5 billion, bringing his estimated fortune to $782 billion according to Forbes' Real-Time Billionaires list. Despite the reduction, Musk remains the world's richest person by a significant margin, ahead of Google co-founders Larry …

Nitish Kishor | 11 June 2026

NYSE: YUM vs NASDAQ: SBUX — Yum Brands Outperforms Starbucks by 5.2% Over the Past Month

YUM shares closed at $151.08 on 10 June, within a 52-week range of $135.37 to $168.57. YUM reported earnings per share of $5.59 for fiscal year 2025 and trades at a price-to-earnings ratio of 24.2. Market capitalisation is $42 billion, with 278 million shares …

Nitish Kishor | 11 June 2026

NASDAQ: ZS Stock Near 52-Week Low as Zscaler Drops 44% YTD on Slowing Growth Outlook

The sell-off was triggered primarily by ZS's preliminary guidance for fiscal year 2027, which projected revenue and annual recurring revenue (ARR) growth of 16% to 17% year over year. This represents a material deceleration from ZS's prior growth trajectory of mid-20s percentage growth in …

Nitish Kishor | 11 June 2026

NASDAQ: ZS — Zscaler Trades at Historic Valuation Discount After 44% YTD Stock Decline

By comparison, ZS's major cybersecurity peers are trading at substantially higher multiples. CrowdStrike Holdings Inc. (NASDAQ: CRWD) commands a forward price-to-sales ratio of 25.70x, Palo Alto Networks Inc. (NASDAQ: PANW) trades at 16.02x, and Fortinet Inc. (NASDAQ: FTNT) is valued at 12.48x. ZS's current …

Nitish Kishor | 11 June 2026

SpaceX IPO 2026: Key Facts for Investors Before the Largest Stock Debut in History

The IPO has attracted both significant investor enthusiasm and notable bearish commentary. Morningstar Inc. (NASDAQ: MORN) has projected SpaceX's fair value at $63 per share, well below the $135 target, and advised potential investors to wait until after the debut to avoid post-listing volatility. …

Nitish Kishor | 11 June 2026

SpaceX IPO Pricing Thursday: $135 Per Share Could Make Elon Musk the World's First Trillionaire

Elon Musk holds a 42% stake in SpaceX. At the $135 per share target price, his combined shares and options in SpaceX would add approximately $688 billion to his current estimated fortune of $782 billion, according to Forbes estimates. This would make Musk the …

Nitish Kishor | 11 June 2026

NYSE: TRGP — Targa Resources Raises Quarterly Dividend 25% to $1.25 Per Share in Q1 2026

Dividends paid to TRGP common shareholders totalled $218.9 million during Q1 2026, up from $167.2 million in Q1 2025. TRGP's share repurchases of $55 million in Q1 2026 compared to $124.9 million in the same period of the prior year. Treasury stock stood at …

Nitish Kishor | 11 June 2026

Opendoor Shuts India Operations, Lays Off 250 Employees Amid AI Push

Chief Executive Officer Kaz Nejatian announced the decision publicly on X, writing: "Today we began to say goodbye to our colleagues in India as we wind down our India operations. Our customers are in America, and that's where our operational work belongs." The statement …

Nitish Kishor | 11 June 2026