MarketBeat Week in Review – 06/22 - 06/26

Interested in SpaceX? Here are five stocks we like better.

SpaceX IPO excitement faded quickly as AI sector volatility increased, and reports suggested OpenAI could delay its IPO until 2027.

Inflation remained stubbornly high, with the PCE index rising 4.1% year over year, matching expectations but staying well above the Fed's 2% target.

Markets head into a shortened holiday week as investors prepare for earnings season and look for strategies to navigate ongoing market volatility.

It's been just two weeks since the SpaceX (NASDAQ: SPCX) IPO, and it's already starting to feel like back-page news. This week, the market had a long "memory" for stocks. The memory backlog is a real bottleneck in the artificial intelligence (AI) trade. Adding volatility to the tech trade was the news that OpenAI may postpone its IPO until 2027.

Investors also had to digest the latest reading on inflation. The Personal Consumption Expenditures (PCE) index came in hot with a year-over-year reading showing inflation growth of 4.1%. That's double the Fed's preferred target. The silver lining? The reading was as expected.

→ MDA Space Targets US Defense Market With $620M Acquisition

Next week will be a

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/marketbeat-week-review-06-22-110000515.html)