SpaceX has risen 50% from its IPO price to become the second-most-expensive stock under Morningstar’s coverage.

Pre-IPO holders could start selling later this summer, and earnings will be an important test.

A look at how exploding AI revenues have driven returns, lifted non-tech stocks, added to market concentration, and sent unicorn valuations flying.

Plus: Magnificent Five earnings, regional Fed presidents flex their muscles, and jobs report on deck.

Plus: Does private credit present a contagion risk? Fed decision on deck.

A broad assessment of AI’s threats and opportunities leads to moat ratings changes for more than three dozen companies.

Analysts say a drawn-out conflict could have dramatic consequences for energy markets and inflation.

Plus: Equal-weighted indexes’ time in the sun, Q4 GDP, and what to watch as big retailers report earnings.

If tariffs persist, Apple’s profit margins could be “decimated” without price hikes.

If tariffs stick, the economic and investing landscape could be altered in unknown ways for years to come.