Cult stocks attract acquisition speculation the way magnets attract iron filings....
24/7 Wall Street - 6/13/2026 8:30:49 AM
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Defense contractors have spent the past year doing exactly what they are designed to do: Deliver predictable cash flow, lean on multi-year backlogs and reprice higher as geopolitical risk refuses to fade....
24/7 Wall Street - 6/13/2026 8:30:10 AM
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Passive income is the rare line on a household balance sheet that does not care whether you showed up to work, whether the market opened green, or whether your employer is still hiring....
24/7 Wall Street - 6/13/2026 8:25:05 AM
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President Donald Trump last year directed the Interior Department to make changes to parks, monuments and memorials to address any “false revision of history.”...
NBC News - 6/13/2026 12:23:00 AM
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The person in control of Nick Reiner’s trust initially refused to pay out money until an investigation was complete, according to Nick’s lawyer....
TMZ - 6/13/2026 12:22:52 AM
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One person is dead and almost two dozen injured after a large tent collapsed at a church in Moneta Friday evening, according to Bedford County officials....
WSET - 6/13/2026 12:20:36 AM
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John D. Rockefeller, the Gilded Age oil baron, became America’s first billionaire in 1916. Like Elon Musk’s ascension, the milestone made headlines....
The New York Times - 6/13/2026 12:20:25 AM
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The ruling accused the Trump administration of engaging in censorship by taking down materials at parks across the country....
The New York Times - 6/13/2026 12:13:04 AM
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It's not been a good week for the Broncos linebacker....
247Sports - 6/13/2026 12:12:17 AM
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Not every opportunity in the market needs to involve AI, rockets, or triple-digit revenue growth. Some of the most reliable returns come from the least exciting corners of the market: tobacco, pipelines, and single-tenant retail real estate....
MarketBeat - 6/13/2026 8:16:51 AM
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I see persistent debate over whether AI infrastructure spending is a bubble or a sustainable megatrend, with strong arguments on both sides. My current buy list includes three dividend growth ETFs positioned to benefit from AI trends regardless of bubble risk. I believe inflation remains primarily an oil-driven phenomenon, with the Fed facing unexpected pressure to hike rates rather than cut....
Seeking Alpha - 6/13/2026 8:15:00 AM
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New York, New York--(Newsfile Corp. - June 13, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, announces a class action lawsuit on behalf of purchasers of common stock of Erasca, Inc. (NASDAQ: ERAS) between January 14, 2025 and April 26, 2026, inclusive (the "Class Period"). A class action lawsuit has already been filed....
Newsfile Corp - 6/13/2026 8:14:00 AM
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The Amex Platinum is one of the best travel cards out there
and its welcome bonus offer is just the cherry on top. Here's how it works and how you can earn it....
Fool - Investing News - 6/13/2026 8:04:55 AM
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Top high-yield savings accounts are still paying up to 5.00% APY, but those yields could decrease as we head further into 2026....
Fool - Investing News - 6/13/2026 8:04:54 AM
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Card issuers weigh income, debt load, and recent activity, not just your score. Here's how banks decide who earns top rewards....
Fool - Investing News - 6/13/2026 8:04:53 AM
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Keeping cash at home means losing money to inflation every day. Here are three better places to park it
and actually earn something....
Fool - Investing News - 6/13/2026 8:04:50 AM
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Seniors in all states are likely to see an above-average benefit boost next year....
Fool - Investing News - 6/13/2026 7:45:00 AM
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Weekly Market HighlightsThe week reflected a mixed performance in the market, with 647 stocks gaining more than 10% while 933 stocks declined by more than 10%,...
GuruFocus - 6/13/2026 7:36:00 AM
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Broadcom (AVGO) remains highly attractive despite a 20% post-earnings pullback, as margin compression is driven by product mix, not structural weakness. In reality, the Q3 gross margin guidance of 74% reflects a large $10B XPU shipment, confirming temporary margin pressure rather than deteriorating unit economics. AI revenues are projected to grow at 2x industry CAGR, with AI now comprising nearly half of AVGO's total revenues and supporting 62-66% annual growth rates....
Seeking Alpha - 6/13/2026 8:02:53 AM
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Eli Lilly, Novo Nordisk, Amgen, Zealand, Structure Therapeutics shared their visions for the future of obesity medicine. Drugmakers pitched doctors and investors on their future drugs at the recent American Diabetes Association (ADA) Scientific Sessions in New Orleans....
CNBC - 6/13/2026 8:00:01 AM
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Rivian CEO RJ Scaringe started a robotics company last year called Mind Robotics that he says has has raised more than $1 billion. Scaringe told CNBC that the plan is to keep the robotics company separate from Rivian, as opposed to the automaker partially shifting to make robots, like Tesla CEO Elon Musk is doing....
CNBC - 6/13/2026 8:00:01 AM
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SpaceX closed Friday with a market cap above $2 trillion, after Elon Musk said earlier in the day he originally gave the company less than a 10% chance to succeed. More than 500 million shares changed hands, and the debut left Alphabet with a stake in SpaceX worth close to $100 billion....
CNBC - 6/13/2026 8:00:01 AM
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SpaceX (SPCX) made history on Friday – raising $75 billion in the largest IPO “ever” – promptly gaining 19% in its Nasdaq debut. The frenzy is real, the story is compelling, but the valuation, hovering around the $2 trillion mark, is already priced for perfection....
Invezz - 6/13/2026 8:00:00 AM
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The $111 billion deal would unite two major movie studios and put CNN under the same roof as CBS News....
The New York Times - 6/13/2026 12:06:14 AM
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Sportradar To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Sportradar between November 7, 2024 and April 21, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Sportradar Group AG ("Sportradar" or the "Company") (NASDAQ: SRAD) and reminds investors of the July 17, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company....
Newsfile Corp - 6/13/2026 7:56:00 AM
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SoFi stock is down about 50% from its 52-week high. Rising rates and a couple of unanswered questions are largely to blame....
The Motley Fool - 6/13/2026 7:26:00 AM
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Nebius is rapidly building out its data center footprint. The company's growth could last several years....
The Motley Fool - 6/13/2026 7:25:00 AM
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If you own an ETF tracking the S&P 500 or the Nasdaq-100, the Magnificent Seven are unavoidable....
24/7 Wall Street - 6/13/2026 7:45:38 AM
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Invesco Leisure and Entertainment ETF offers exposure to a concentrated portfolio of U.S. leisure and entertainment stocks. PEJ has a slightly larger exposure to stocks with at least a B- Quant EPS Revisions grade than that of XLY, yet its quality is significantly weaker. PEJ has substantially underperformed IVV and XLY since 2005, missing nearly half of their gains, while its risk metrics have been far from appealing....
Seeking Alpha - 6/13/2026 7:44:58 AM
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Bedford County officials announced that one person was killed and 22 people were injured after a large tent collapsed during an outdoor service at EastLake Community Church Friday night...
WSLS - 6/12/2026 11:50:58 PM
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Justice department lawyers had appealed to stay a judge’s order to remove Trump’s name from facade...
The Guardian - 6/12/2026 11:45:46 PM
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FIFA has blamed the empty seats during the World Cup match between South Korea and the Czech Republic in Guadalajara on fans who watched from the concourses....
AP News - 6/12/2026 11:42:00 PM
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If you are an investor who is looking for a portfolio defense play that does not sacrifice aggressive capital appreciation, the current retail landscape feels like a minefield. Traditional mall brands are battling severe inventory gluts, and middle-class consumers are still dealing with prolonged inflationary pressure....
MarketBeat - 6/13/2026 7:40:22 AM
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Summer barbecue costs have risen 2.4% year-over-year and hamburger beef prices are up 14%, with a cookout for 10 now averaging $161, according to a new Wells Fargo report....
Fox Business - 6/13/2026 7:31:08 AM
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Disney wants its tech employees to use AI more often to boost productivity and speed. However, employees shouldn't be wasting AI tokens, a product executive recently said....
Business Insider - 6/13/2026 7:33:01 AM
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In FS KKR Capital To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in FS KKR Capital between May 8, 2024 and February 25, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against FS KKR Capital Corp. ("FS KKR Capital" or the "Company") (NYSE: FSK) and reminds investors of the July 3, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company....
Newsfile Corp - 6/13/2026 7:29:00 AM
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LandBridge owns strategic surface acreage in the Delaware Basin and collects fees without taking direct drilling or commodity price risk. Q1 revenue grew 16% YoY, and adjusted EBITDA margin remained very high at 88%, showing the strength of the asset-light model. I rate LB a buy because the growth, margin profile, and catalysts justify paying a premium....
Seeking Alpha - 6/13/2026 7:25:54 AM
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France could exit the Franco-German tank project MGCS, the CEO of Rheinmetall , one of the initiative's shareholders, was quoted as saying on Saturday, in what could be the latest blow to defence cooperation on the continent....
Reuters - 6/13/2026 7:24:02 AM
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'The Vampire Lestat' composer Daniel Hart curates an exclusive inspiration playlist for Billboard....
Billboard - 6/12/2026 11:23:51 PM
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Graphic Packaging To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Graphic Packaging between February 4, 2025 and February 2, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Graphic Packaging Holding Company ("Graphic Packaging" or the "Company") (NYSE: GPK) and reminds investors of the July 6, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company....
Newsfile Corp - 6/13/2026 7:25:00 AM
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Erasca To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Erasca between January 14, 2025 and April 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Erasca, Inc. ("Erasca" or the "Company") (NASDAQ: ERAS) and reminds investors of the August 10, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company....
Newsfile Corp - 6/13/2026 7:22:00 AM
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The Q1 FY2026 report was good enough to push the stock higher, which includes featuring a more than doubling in non-GAAP net income. Zhihu is arguably undervalued, which includes being valued at less than half the net cash on the balance sheet. Advances in AI, especially recent ones, suggest ZH has a lot of growth potential it has yet to fully tap into, which suggests upside is there....
Seeking Alpha - 6/13/2026 7:18:38 AM
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Vanguard Mega Cap Growth ETF (MGK) offers a significantly lower expense ratio than iShares Russell 2000 Growth ETF (IWO). IWO has delivered higher total returns over the last 12 months but has also experienced more price volatility....
The Motley Fool - 6/13/2026 6:55:29 AM
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Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Commvault To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in Commvault between April 29, 2025 and January 26, 2026 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] New York, New York--(Newsfile Corp. - June 13, 2026) - Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Commvault Systems, Inc. ("Commvault" or the "Company") (NASDAQ: CVLT) and reminds investors of the July 17, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company....
Newsfile Corp - 6/13/2026 7:16:00 AM
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Gene Shalit, the bushy-haired mustachioed television personality who reviewed books and movies on "The Today Show" for 40 years, has died at 100....
Variety - 6/12/2026 11:08:00 PM
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Sea Limited remains a strong buy as I focus on deeply sold-off stocks decoupled from market highs. Q1 results showed improved Shopee monetization and soaring profitability in Monee and Garena, supporting my conviction. Despite Shopee's GMV guidance of 25%+ y/y growth, EBITDA margins face pressure from competitive discounting....
Seeking Alpha - 6/13/2026 7:07:50 AM
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Marvell and Nvidia recently announced a new partnership. Marvell and Nvidia compete against each other in one market....
The Motley Fool - 6/13/2026 6:45:00 AM
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G Mining Ventures is transitioning from a single-asset producer to a multi-asset, self-funding mine builder with significant near-term growth. Tocantinzinho is generating strong cash flow; Oko West is under construction, fully funded, and expected to drive consolidated production to 500,000+ oz/year by 2028. The proposed G2 Goldfields acquisition consolidates the Oko District, unlocking potential synergies over C$1 billion and positioning GMINF as a dominant regional player....
Seeking Alpha - 6/13/2026 7:00:40 AM
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SpaceX SPCX has hit the market, but the buzz around it continues to remain with another question that is increasingly capturing Wall Street's attention: could Elon Musk eventually merge his rocket company with Tesla? The idea, once considered far-fetched, has gained traction among analysts, investors and even employees close to Musk's businesses....
Invezz - 6/13/2026 7:00:00 AM
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The opening game in Mexico City took place amid weeks of protests from groups including teachers’ unions complaining about pay and pensions....
The New York Times - 6/12/2026 11:03:22 PM
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Reporter Richard Morgan recalls the chaotic scenes he witnessed when reporting on days of disorder in Northern Ireland....
BBC - 6/12/2026 11:00:43 PM
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Range Resources reported solid Q1 2026 results, with strong differentials for natural gas and NGLs. It also increased its full-year guidance around NGL differentials (compared to Mont Belvieu). Processing costs are expected to be slightly higher, though, due to improved NGL revenues....
Seeking Alpha - 6/13/2026 6:48:59 AM
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Gene Shalit, a film critic for NBC’s “TODAY” show for four decades who was instantly recognizable for his walrus mustache, has died....
NBC News - 6/12/2026 10:50:12 PM
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By Andrew Mills, Marwa Rashad and Ahmad Ghaddar DUBAI/LONDON, June 12 (Reuters) - The United Arab Emirates has agreed to unlock billions of dollars for Iran, four sources said, in a tactical shift...
Yahoo - 6/12/2026 10:39:37 PM
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Screwworms are on their way to becoming a billion-dollar international problem but can be contained if ranchers are vigilant, watch their herds and other wildlife, and quickly treat any infestations, U.S. Agriculture Secretary Brooke Rollins said....
PBS - 6/12/2026 9:38:16 PM
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Capital One is rated buy as the Discover integration creates scale, despite a 27% YTD stock decline. COF now commands a 24% credit card revenue share, surpassing Visa and Mastercard standalone, with efficiency ratio improvements expected. Credit risk remains the key concern, but delinquency and net charge-off ratios are stabilizing post-Discover, supporting a positive outlook....
Seeking Alpha - 6/13/2026 6:32:45 AM
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We take a look at the action in business development companies through the first week of June and highlight some of the key themes we are watching. BDCs fell this week along with the rest of the income space. We look at factors in deciding to allocate between the manager and its BDCs. At the moment we like both Blue Owl stocks OWL and OTF....
Seeking Alpha - 6/13/2026 6:31:48 AM
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Artificial intelligence (AI) remains one of the most popular investment themes on the market....
24/7 Wall Street - 6/13/2026 6:30:26 AM
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China's cybersecurity administrators on Saturday moved to tighten the grading and classification of data in the financial information services sector in what it said would strengthen data security management and regulate industry development....
Reuters - 6/13/2026 6:26:49 AM
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Oracle's remaining performance obligations reached $638 billion last quarter. Salesforce's Agentforce annual recurring revenue grew 205% year over year....
The Motley Fool - 6/13/2026 6:06:00 AM
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Archer Aviation wants to manufacture eVTOL aircraft for air taxi services. A tenfold gain in Archer stock would likely reflect big changes for the company, including FAA type certification in hand....
The Motley Fool - 6/13/2026 6:05:00 AM
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Several stocks trading below $10 are drawing fresh attention from Wall Street analysts, even as broader markets remain focused on mega-cap technology names. The appeal is not simply that these shares look cheap....
Invezz - 6/13/2026 6:30:00 AM
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HYDERABAD, India & PRINCETON, N.J.--(BUSINESS WIRE)---- $RDY #Bosulif--Dr. Reddy's Laboratories Ltd. announced the first-to-market launch of Bosutinib Tablets 400mg, a generic equivalent of Bosulif® in the United States....
Business Wire - 6/13/2026 6:22:00 AM
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Macro economist Henrik Zeberg has warned that SpaceX's (NASDAQ: SPCX) valuation following its record-breaking IPO has reached levels comparable to the peak of the Dot-com bubble....
Finbold - 6/13/2026 6:22:07 AM
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Retail investors talked up five hot stocks this week (June 8 to June 12) on X and Reddit's r/WallStreetBets, driven by retail hype, earnings, listings, AI infrastructure momentum, and corporate/geopolitical news flow....
Benzinga - 6/13/2026 6:01:26 AM
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A central element of President Donald Trump’s emerging Iran deal is a step-by-step approach that would see the Strait of Hormuz reopened followed by Tehran getting economic rewards each time it meets US demands....
Bloomberg.com - 6/12/2026 10:11:55 PM
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The Justice Department has signed off on Paramount Skydance’s $110 billion acquisition of Warner Bros. Discovery, a person familiar with the matter told NBC News....
NBC News - 6/12/2026 10:07:28 PM
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RH remains a hold as Q1 revenue declined 1.7% and margins compressed, despite management's upgraded FY 2026 guidance. The H2 recovery thesis hinges on backlog normalization, new store growth, and RH Estates, but execution risk remains high. Margin pressures persist due to rising occupancy, international expansion costs, and declining product margins in the core business....
Seeking Alpha - 6/13/2026 6:10:48 AM
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WILMINGTON, Del.--(BUSINESS WIRE)---- $INCY #EHA2026--Results from Incyte's frontMIND Trial of Tafasitamab (Monjuvi/Minjuvi) Combination at the 2026 EHA Plenary Showed Prolonged Progression Free Survival....
Business Wire - 6/13/2026 6:00:00 AM
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On a recent episode of The Ramsey Show titled "Debt Is Always the Symptom of a Bigger Problem," a 32-year-old active-duty service member named Michelle from Raleigh asked Dave Ramsey whether she was saving enough for her two young kids' college. His answer surprised her. "I would underfund the 529 and overfund some of your... Dave Ramsey Tells a Military Mom to 'Underfund' Her Kids' 529: Here's His Reasoning...
247 Wallst - 6/13/2026 5:55:52 AM
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Is a $100,000 gift at age 35 worth more than a $300,000 inheritance received at 70? In 2026, the IRS allows individuals to give up to $19,000 per recipient annually without triggering a gift tax filing requirement, while estates can pass on up to $15 million before federal estate taxes apply. Most estate planning discussions... Why the Best Inheritance May Be the One You Give While You're Still Alive...
247 Wallst - 6/13/2026 5:53:08 AM
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The Sprott Gold Miners ETF offers exposure to large, profitable gold miners with very wide margins and attractive valuations. SGDM's holdings are trading at significant discounts to the S&P 500, despite median sector profit margins of 31% and robust cash flows. Gold miners remain cash flow positive even with moderate gold price declines, as all-in costs are well below current gold prices....
Seeking Alpha - 6/13/2026 6:03:51 AM
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SpaceX roared into markets this past week with a valuation of more than $2 trillion, surpassing two members of Wall Street's "Magnificent Seven" and raising a key question: Does the Mag 7 name still fit? And if not, what should replace it?...
Reuters - 6/13/2026 6:03:02 AM
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The United Arab Emirates denies media reports alleging the government has agreed to release up to $20 billion in frozen assets to Iran. The UAE says 'no frozen Iranian funds have been released'....
CNBC - 6/13/2026 5:30:18 AM
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In honor of their 40th birthday on Saturday, WWD is taking a look back at the trendsetters' most notable looks over the last two decades....
WWD - 6/12/2026 10:01:35 PM
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New public data for redistricting and other uses may be reduced as Trump officials limit the ways the Census Bureau can protect people's privacy when it releases statistics....
NPR - 6/12/2026 10:01:19 PM
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President Trump said the loss was an example of election fraud, but Mr. Pratt did not entertain that idea. Instead, he plans to wind down his campaign but keep attacking the two Democrats who advanced....
The New York Times - 6/12/2026 9:59:38 PM
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NASA’s missions these days rarely feature all-male crews. Jared Isaacman, its administrator, said women play prominent roles throughout the space agency....
The New York Times - 6/12/2026 9:58:36 PM
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The investment case for the SpaceX IPO potentially extends far beyond rockets. Although the company is best known for its Falcon 9 orbital and Starship experimental heavy-lift reusable rockets, its Starlink megaconstellation already numbers more than 10,000 satellites, while future plans could include orbital AI data centers and even space-based solar power systems....
Forbes - 6/13/2026 5:55:07 AM
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Poolbeg Pharma PLC (AIM:POLB) this week announced the activation of clinical trial sites for its POLB 001 programme, marking the start of patient enrolment in a study designed to prevent cytokine release syndrome (CRS) associated with cancer immunotherapies. Speaking with Proactive, Principal Scientist Liam Tremble said the trial is now underway across several leading UK centres and is being supported by Accelerating Clinical Trials Limited (ACT), a specialist organisation embedded within the blood cancer treatment community....
Proactive Investors - 6/13/2026 5:45:36 AM
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Lawmakers have long sounded the alarm about the risks of letting Section 702 expire. But there's debate over what a lapse in the law actually means....
CBS News - 6/12/2026 9:43:58 PM
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Coca-Cola stock is a bulwark against rising producer prices. The shares are rising alongside the Producer Price Index (PPI)....
The Motley Fool - 6/13/2026 5:15:00 AM
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C3.ai offers a suite of 40 ready-made applications to accelerate the adoption of artificial intelligence (AI) for enterprises. A major disruption to the company's management team last year continues to impact sales....
The Motley Fool - 6/13/2026 5:10:00 AM
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The superstar's third LP, You Seem Pretty Sad for a Girl So in Love, is out now — here's everything you need to know about the project....
Rolling Stone - 6/12/2026 9:29:31 PM
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The UFC's show at the White House on Sunday will proceed as planned after a judge rejected a federal lawsuit alleging the event breaks American law....
BBC - 6/12/2026 9:20:38 PM
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The S&P 500 and Dow Jones remain bullish, but Fed uncertainty, sticky inflation, tariff risks, and AI spending pressures may make the rally more selective....
FXEmpire - 6/13/2026 5:18:25 AM
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Yesterday, Adobe put out an earnings release that handily beat estimates. Management raised the guidance for full year 2026. Revenue came in at $6.6 billion, an increase of 13%. Earnings also increased; adjusted EPS beat analyst estimates. Investors are evidently concerned about competition from Figma and Canva, but neither of these companies competes with Adobe's full stack....
Seeking Alpha - 6/13/2026 5:20:49 AM
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Progressive Corporation maintains exceptional market-share gains and strong underwriting but faces near-term EPS declines despite continued revenue growth. PGR is reinvesting profitability into customer acquisition and selective rate reductions, leading to margin pressure as competition intensifies and peers restore profitability. Consensus expects PGR's EPS to decline through 2028, with valuation at 12.5x forward earnings reflecting anticipated margin normalization and limited near-term earnings growth....
Seeking Alpha - 6/13/2026 5:18:55 AM
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In 2002, Elon Musk founded a dark-horse company to make rockets reusable, and thus more affordable. That company, SpaceX, went public on Friday at a $1.8 trillion valuation, with shares popping out of the gate....
Business Insider - 6/13/2026 5:15:01 AM
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SpaceX went public on June 12 with an initial market value of $1.77 trillion, making it the largest IPO in history. CNBC's Jim Cramer says mismatched supply and demand could quickly drive SpaceX stock to a $6 trillion valuation....
The Motley Fool - 6/13/2026 4:48:00 AM
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SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange....
CBS News - 6/12/2026 9:11:05 PM
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Zohran Mamdani, NYC mayor, reacts to Elon Musk's trillionaire status following SpaceX IPO, pushing for higher taxes on the wealthy....
Business Insider - 6/12/2026 9:09:30 PM
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Apple is phasing out support for Rosetta 2, which is a feature that allows Intel-based apps to run on Apple silicon Macs. Rosetta is going to stop working for most apps in macOS 28, and when that happens, apps that use it will stop working. Apple began warning customers and companies about the upcoming sunsetting of Rosetta with macOS Tahoe, and the warnings go even further in macOS Golden Gate....
MacRumors - 6/12/2026 9:05:57 PM
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Revolution Medicines is upgraded to buy as Daraxonrasib delivers practice-changing Phase 3 data in pancreatic ductal adenocarcinoma (PDAC). RVMD's $4B pro forma liquidity supports over two years of aggressive clinical expansion, with cash burn focused on value-driving trials and regulatory submissions. Daraxonrasib's Phase 3 results show a 60% reduction in risk of death and doubled median overall survival in metastatic PDAC, supporting a multi-billion-dollar opportunity....
Seeking Alpha - 6/13/2026 5:04:54 AM
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Investors say the SpaceX IPO could become a "watershed moment for the space industry." Those who made fortunes in SpaceX's IPO are expected to invest some of their windfall in the next generation....
Business Insider - 6/13/2026 5:00:01 AM
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Progress for Kyiv’s membership bid given the green light after Hungary’s new government lifts Budapest’s veto....
Al Jazeera - 6/12/2026 9:01:51 PM
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With 104 World Cup games being played in the U.S., Canada and Mexico, it's like "a Super Bowl every single day for five weeks," U.S. team captain Tim Ream told CBS News....
CBS News - 6/12/2026 9:00:35 PM
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Model Emily Ratajkowski explained why dating has caused her to resent the label "divorced single mom" following her 2025 divorce....
USA Today - 6/12/2026 8:52:00 PM
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Netflix's 'Maternal Instinct' is a tough watch for parents....
The Hollywood Reporter - 6/12/2026 8:51:36 PM
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Ares Management has corrected ~34% from highs, but its fee base and earnings remain resilient, supporting a buy rating. Q1 2026 showed management fees up 22% YoY, FRE margin expansion to 42.4%, and record fundraising, indicating robust institutional demand. ~85% of AUM is in locked or long-dated vehicles, structurally insulating ARES from rapid credit stress and making the current valuation discount appear excessive....
Seeking Alpha - 6/13/2026 4:56:10 AM
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