# JonesTrading Type: Company Source: GetYourBrief — https://getyourbrief.com/entity/jonestrading Canonical HTML page: https://getyourbrief.com/entity/jonestrading ## Timeline - **2026-08-16**: Wall Street Zen upgrades both stocks — Wall Street Zen raised AMPY from strong sell to hold and BRSP from sell to hold. - **2026-08-14**: Friday trading close — AMPY opened at $4.78 and BRSP opened at $5.00. - **2026-08-11**: Benchmark and Weiss update AMPY — Benchmark cut the AMPY target to $9.00 from $11.00 with a buy rating; Weiss raised AMPY from sell(d) to sell(d+). - **2026-07-30**: B. Riley trims BRSP target — B. Riley Financial lowered its BrightSpire Capital target from $7.00 to $6.50 with a buy rating. - **2026-07-29**: JonesTrading reiterates BRSP buy — JonesTrading reissued a buy rating and a $6.50 price objective on BrightSpire Capital. - **2026-07-28**: BrightSpire reports Q2 earnings — BRSP posted EPS of $0.13, missing the $0.15 consensus, with revenue of $48.70 million. - **2026-06-23**: James Frew buys AMPY shares — Insider James Frew acquired 25,000 Amplify Energy shares at an average cost of $3.95 per share. - **2026-06-22**: Third Day Selloff and $600B Wiped Out — SpaceX stock plunges 16% to $154.60, completing a 23% three-day rout that erases over $600 billion in market cap. The company also announces a multibillion-dollar cloud computing agreement with AI startup Reflection AI. - **2026-06-19**: Second Day of Losses — The stock falls for a second consecutive session, accelerating worries about retail exhaustion and valuation excess. - **2026-06-18**: First Day of Stock Decline — SpaceX shares begin a three-day slide as initial IPO euphoria starts to fade and concerns over debt financing emerge. - **2026-06-16**: Bond Offering Announced — Bloomberg reports that SpaceX is planning its first investment-grade bond sale, aiming to raise at least $20 billion to fund its AI ambitions. - **2026-06**: Record $75 Billion IPO — SpaceX goes public in the largest IPO in history, raising $75 billion and floating just 4.2% of total shares at $135 each. Trading begins amid intense retail demand. - **2026-05-26**: Weiss lowers BrightSpire Capital — Weiss Ratings lowered BRSP from hold (c-) to sell (d+). - **2026-04-22**: BTIG upgrades BrightSpire Capital — BTIG Research raised BRSP from neutral to buy and set a $7.00 price target. - **2026-02**: SpaceX Acquires xAI — In a pivotal move into artificial intelligence, SpaceX completes the acquisition of Elon Musk's AI venture xAI, setting the stage for a broader AI push. ## Recent coverage (5 stories, network-wide) ### AMPY Upgraded to Hold: $4.78 Stock, $9 Target, 10.6 P/E 2026-08-18 04:52:49 · Sector: finance · Sentiment: Neutral · Impact: 5/10 · Sources: 2 Wall Street Zen lifted Amplify Energy to Hold from Strong Sell on August 16, with shares at $4.78 and a $9 consensus target. Thin coverage and insider buying make the upgrade a key sentiment shift for a $198 million small-cap energy name. Full story: https://getfinancebrief.com/story/ampy-wall-street-zen-hold-upgrade-finance ### SpaceX Loses $600B in 3 Days: What It Means for AI Startup Exits 2026-06-28 17:27:45 · Sector: startups · Sentiment: Strongly negative · Impact: 9/10 · Sources: 2 SpaceX's post-IPO collapse erased $600B in market value in just three days, highlighting the volatility that can greet mega-unicorns tapping public markets. With Anthropic and OpenAI eyeing $1T IPOs, the retreat of retail buyers and a pivot to debt financing offer a cautionary tale for venture-backed AI companies planning exits. Full story: https://getstartupbrief.com/story/spacex-600b-loss-startup-ipo-warning ### SpaceX's $600B value wipeout shakes space industry — AI pivot under fire 2026-06-23 00:31:55 · Sector: space · Sentiment: Negative · Impact: 7/10 · Sources: 2 SpaceX's first-ever bond offering to fund AI projects triggers a brutal 23% three-day stock crash, erasing $600 billion in market cap. The sell-off questions whether the company's aerospace core can sustain its new AI ambitions. Full story: https://getspacebrief.com/story/spacex-600b-wipeout-space-industry ### SpaceX sheds $600B in 3 days — bond deal unnerves IPO market 2026-06-23 00:31:45 · Sector: finance · Sentiment: Negative · Impact: 7/10 · Sources: 2 The most hyped IPO in history is now a value destruction machine: $600 billion gone in three sessions. SpaceX’s move to raise $20 billion in bonds for AI bets spooks the market, with retail traders caught in a low-float meltdown. Full story: https://getfinancebrief.com/story/spacex-sheds-600b-bond-deal-ipo-market ### SpaceX's AI bet triggers $600B sell-off — xAI deal in focus 2026-06-23 00:31:33 · Sector: ai · Sentiment: Negative · Impact: 7/10 · Sources: 2 SpaceX's massive bond offering to fund its AI pivot — including the newly inked Reflection AI compute deal — triggered a 23% three-day rout. As Anthropic and OpenAI eye IPOs, SpaceX's AI-fueled volatility sets a worrying precedent. Full story: https://getaibrief.com/story/spacex-ai-bet-600b-selloff-xai-deal --- This page is a machine-readable summary. Sentiment measures the directional read of each development for this entity, not the tone of the reporting; impact weights consequence, not syndication reach. See https://getyourbrief.com/guides/methodology for the full editorial methodology.