Welcome to Markets Desk, your midday read on what's moving the needle.
SpaceX shares have crossed two hundred dollars exactly once, closing at two hundred eleven dollars and thirty-nine cents back in June. Analysts now believe the stock can revisit that level before two thousand twenty-eight, driven by continued launch cadence, Starlink subscriber growth, and deepening government contract revenue. It's a bold call on a still-private-adjacent name.
Shifting to Berkshire Hathaway, Greg Abel has been quietly reshaping the portfolio he inherited from Warren Buffett, trimming several smaller consumer positions that Buffett accumulated over the years. Of the three consumer stocks Abel is keeping, one stands out as the clearest buy — a name with durable pricing power and consistent cash generation that fits Abel's more disciplined capital allocation style.
And in a story that says something about the moment we're living in, Fortune reports that Gen Z is increasingly turning to tarot readers, astrologers, and Etsy witches to cope with economic and personal uncertainty. One bride hired a spell-caster for clear wedding skies despite a rain forecast. Practitioners say demand is surging — and for the platforms hosting them, it's quietly becoming real revenue.
That's the tape. Markets Desk, signing off the floor.
