Atwosome
07-14

SpaceX's recent IPO (NASDAQ: SPCX) was the largest in history, but with a market cap near $2 trillion, its valuation is already demanding perfection for future growth . The investment case hinges on Starlink, its profitable cash cow, funding capital-intensive bets like the Starship rocket and its expanding AI infrastructure business . While Wall Street is largely bullish, many analysts see limited near-term upside and caution that these unproven ventures leave little room for error .

SK Hynix Gains 4.7% — Did JPMorgan Just Add Memory to Its Beneficiary List?
Memory bounced Tuesday — SK Hynix +4.70%, SanDisk +2.68%, Micron +0.87%, SOXL +2.31% — taking back part of the post-earnings slide. The trigger was sell-side positioning: JPMorgan said Nvidia's cycle strength is broadening past logic into the memory chain, naming six beneficiaries. Unresolved: how long new Chinese capacity and long-term contract pricing can hold. Upstream keeps confirming while the prices keep swinging — what is the market still waiting on?
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