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Luke Kawa

AMC spikes after “Captain America” avoids face-plant to debut at No. 1

The US men’s hockey team weren’t the only ones in stars and stripes dominating and commanding eyeballs this weekend.

“Captain America: Brave New World,” the latest edition to the Marvel Cinematic Universe, booked a healthy $100 million domestically from Friday through Monday, slightly besting forecasts, with international gates coming in at about $92 million.

The movie was roundly panned by viewers, but Marvel movies open at No. 1 as surely as the sun rises in the east and sets in the west. That said, fears around “superhero fatigue” have weighed on expectations not just for Marvel but for the exhibition business as well, and so Captain America is the hero cinemas needed.

Movie theater chain AMC is up about 5%, while Disney, which owns Marvel’s intellectual property, is modestly lower on the day.

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SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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