Financial influencer Angelo Castillo discusses his viral videos sharing investment advice with Gen Z. He breaks down his portfolio strategy, index funds and using AI for financial planning.
Think you can ignore all the hubbub around SpaceX, Elon Musk and IPOs?
If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation.
Elon Musk’s rocket company, on the cusp of the largest initial public offering ever, will soon end up in index funds after rule changes by Nasdaq and other index providers.
Elon Musk's trillion-dollar-plus SpaceX isn't a public company yet, but its size and ambitions are already upending the stock market and sparking questions over the power and influence wielded by such behemoths. Why it matters: The IPO, expected next month, would signal the start of a new AI era for the public markets, potentially valuing SpaceX as much as $2 trillion. The big picture: OpenAI and Anthropic are also expected to IPO this year — possibly translating into $5 trillion in value in the markets, estimates venture capitalist and MIT research fellow Paul Kedrosky. - The new stocks will hit the markets like a tsunami, he says. - The IPOs will trigger an enormous wave of demand from investors who will pull money out of other…
Elon Musk's trillion-dollar-plus SpaceX isn't a public company yet, but its size and ambitions are already upending the stock market and sparking questions over the power and influence wielded by such behemoths. Why it matters: The IPO, expected next month, would signal the start of a new AI era for the public markets, potentially valuing SpaceX as much as $2 trillion. The big picture: OpenAI and Anthropic are also expected to IPO this year — possibly translating into $5 trillion in value in the markets, estimates venture capitalist and MIT research fellow Paul Kedrosky. - The new stocks will hit the markets like a tsunami, he says. - The IPOs will trigger an enormous wave of demand from investors who will pull money out of other…Open
With signs of trouble popping up in financial markets, investors need to decide whether they can ignore the turmoil, our columnist says.
The U.S. stock market has become so concentrated that even broad index funds are no longer well diversified, our columnist says.