Keep pulling the thread on Bloomberg Intelligence.
SpaceX is reportedly offering shares at $135 each in its upcoming IPO.
Bloomingdale's, a subsidiary of Macy's, reported a 10% increase in comparable store sales in the most recent quarter.
Mary Ross Gilbert asserts that Bloomingdale's is taking market share from competitors like Saks Fifth Avenue and Neiman Marcus due to mis-execution at those retailers.
George Ferguson views the long-term investment thesis for SpaceX as a bet on the viability of operating AI-powered data centers in space.
SpaceX aims to raise $75 billion in its Initial Public Offering.
Gautam Mukunda asserts that SpaceX's governance structure grants Elon Musk total control, making it impossible for him to be fired or for shareholders to act as a check on his power.
Gautam Mukunda characterizes SpaceX's IPO structure as an "assault on the integrity of the capital markets" and a mechanism to transfer wealth from index investors to early-stage holders.
Medtronic reported 124% growth in its Pulse Field Ablation segment, easing market concerns about a slowdown previously suggested by competitor Boston Scientific.
The roadshow for the SpaceX IPO is rumored to begin tomorrow.
If SpaceX achieves its reported IPO price, Elon Musk's net worth would reach $988 billion.
George Ferguson believes the central message of the SpaceX IPO will be about the future of AI and its optimal delivery from space.
Matt Hendrickson states that Medtronic has a history of inconsistent execution, often failing to capitalize on promising innovations and having to revise guidance.