SpaceX is set to make history with its initial public offering (IPO) on June 12, 2026, trading under the ticker SPCX. The offering is drawing extraordinary demand, with a projected valuation reaching as high as $1.75 trillion and an anticipated $75 billion to be raised. Notably, a significant portion of shares will be allocated to retail investors, although mechanisms are in place to discourage early share flipping through potential penalties. Multiple independent sources, including CNBC, Forbes, and MarketWatch, confirm the date, ticker, valuation, and the unique market mechanics of this IPO. The scale and structure of this launch underscore SpaceX’s dominant position in the private space sector and its appeal to both institutional and individual investors.
The magnitude of the SpaceX IPO signals a pivotal moment for public access to the rapidly expanding commercial space industry. By allocating a large share of the offering to retail investors, SpaceX is broadening participation in what has traditionally been an institutionally dominated sector. However, the company’s decision to impose penalties for early resale of shares reflects an effort to promote long-term investment and stability in its shareholder base. This approach, confirmed by multiple financial outlets, is likely to set a precedent for future high-profile IPOs, balancing broad market access with the need to deter speculative trading that can destabilize newly listed companies.
Meanwhile, the European Central Bank has raised its deposit rate by 25 basis points to 2.25%, marking its first rate hike since 2023. This move is a direct response to persistent inflationary pressures, particularly those stemming from the ongoing Iran war and associated energy price shocks. Consistent reporting from Bloomberg, CNBC, and the Wall Street Journal highlights that the ECB’s decision is aimed at curbing inflation driven by external geopolitical factors, especially the volatility in energy markets. The rate hike reflects the central bank’s commitment to price stability amid a challenging macroeconomic environment for the eurozone.
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Justification: The historic SpaceX IPO, with its unprecedented scale, strong demand, and broad retail participation, is a significant positive for market sentiment, innovation, and investor access. While mechanisms to discourage early share flipping may temper speculative enthusiasm, the overall effect is constructive for market stability and long-term growth. The ECB’s rate hike introduces some mild headwinds for European equities due to tighter monetary conditions, but this is balanced by the positive momentum from the SpaceX event. On net, the news flow points to a mild positive impact for global markets.
Legend: 🔴 Strong Negative 🔸 Mild Negative ⚪ Neutral 🔹 Mild Positive 🔵 Strong Positive
MDT is betting on ablation, robotics and hypertension therapies as next growth drivers, but tariffs, FX and pricing pressures cloud near-term upside....
Zacks Investment Research - 6/11/2026 9:51:19 AM
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MXL's Trinity platform delivers up to 10Gbps wireless backhaul with AI-driven cloud management, aiming to cut 5G rollout costs and speed deployment....
Zacks Investment Research - 6/11/2026 9:51:14 AM
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Recently, Nurix secured a partnership with Roche, which I believe has substantially derisked the stock as a whole. Similarly, this deal helps validate NRIX's bexobrutideg and its potential as a broader platform in the long term. NRIX's bexobrutideg is easily their main value driver, and after NRIX's recent equity raises and deal with Roche, it looks like they should have enough runway for the foreseeable future....
Seeking Alpha - 6/11/2026 9:48:54 AM
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U.S. natural gas futures were lower ahead of the EIA's weekly inventory report with the market continuing to move in tandem with shifts in the weather outlook....
WSJ - 6/11/2026 9:47:00 AM
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Dell Technologies leads four stocks flagged for strong interest coverage ratios as screens target debt-paying power and EPS growth....
Zacks Investment Research - 6/11/2026 9:46:04 AM
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If you put $10,000 into the Defiance Daily Target 2X Long SMCX ETF (NASDAQ:SMCX) on the morning of May 8, 2026, you were sitting on about $14,100 a month later....
24/7 Wall Street - 6/11/2026 9:45:14 AM
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AstroNova Inc. has achieved a sustainable turnaround, anchored by Aerospace segment strength and operational restructuring, supporting a reiterated Buy rating. Just released Q1 FY27 results show Aerospace revenue surged 16.3% YoY, with commercial hardware sales up 46% and a 147% book-to-bill ratio, driving margin expansion. PID segment stabilized, with 82% of sales from high-margin recurring consumables, and legacy integration issues now resolved....
Seeking Alpha - 6/11/2026 9:44:15 AM
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OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--Insurers specializing in the legal professional liability (LPL) sector have experienced considerable growth in policyholders' surplus over the past five years, but premium levels have remained relatively stagnant during that timeframe, according to a new AM Best report. The Best's Market Segment Report, titled “Specialty Legal Professional Liability Insurers Continue to Grow, Despite Varied Performance,” takes note of the myriad challenges facing law firms, such....
Business Wire - 6/11/2026 9:38:00 AM
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A Canadian mother sued OpenAI and its CEO Sam Altman in U.S. court on Thursday alleging that ChatGPT encouraged her daughter to commit suicide, the latest lawsuit to accuse the company of failing to address dangerous conversations between users and the company's chatbot....
Reuters - 6/11/2026 9:37:01 AM
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US stocks opened higher on Thursday as investors returned to beaten-down technology shares following a sharp selloff, though gains were tempered by rising geopolitical tensions in the Middle East and higher oil prices. The Dow Jones Industrial Average added 246 points....
Invezz - 6/11/2026 9:42:35 AM
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Nexa Resources leads a screen of four low P/CF value stocks, with consensus sales and EPS growth forecasts and wildly mixed 12-month returns....
Zacks Investment Research - 6/11/2026 9:40:19 AM
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Mitchell Robinson pitched up a Flagrant 1 foul late in the first quarter of Wednesday's Game 4 between the New York Knicks and San Antonio Spurs after throwing a forearm shiver into the face of Victor Wembanyama....
Bleacher Report - 6/11/2026 1:44:28 AM
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Wednesday's thunderstorms shattered windows and took down trees and power lines across Chicago. More inclement weather is expected Thursday....
Block Club Chicago - 6/11/2026 1:41:59 AM
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From Spain to Japan, experiments have repeatedly shown a left-turn bias, but exact mechanic ‘is still an open question’...
The Guardian - 6/11/2026 1:31:00 AM
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Centrica PLC's (LSE:CNA) long-term value could receive further support from a reported agreement to extend the life of the Sizewell B nuclear power station, according to Citi. A Bloomberg report suggested that EDF and the owner of British Gas Centrare close to agreeing heads of terms with the UK government for a 20-year extension of the plant's operating life....
Proactive Investors - 6/11/2026 9:39:01 AM
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AIQ has quietly outperformed QQQ this year while charging triple the fee, an inversion of the usual thematic-ETF trap where investors pay up for a story and underperform the index....
24/7 Wall Street - 6/11/2026 9:35:28 AM
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NuScale Power touts NRC-approved SMR modules for AI-era baseload power, but with no firm sale and big losses, investors want contract proof....
Zacks Investment Research - 6/11/2026 9:35:28 AM
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LRCX soars 86.8% YTD as AI/HPC fuel demand for its chipmaking tools, while strong quarterly sales of more than $5 billion and margin gains keep bulls interested....
Zacks Investment Research - 6/11/2026 9:35:27 AM
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ZS nears a 52-week low as FY27 guidance signals slower growth, but AI security bookings, platform gains and a lower P/S support holding....
Zacks Investment Research - 6/11/2026 9:35:26 AM
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Ford (NYSE: F | F Price Prediction) has done everything right recently....
24/7 Wall Street - 6/11/2026 9:35:23 AM
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BFGIX has outpaced key benchmarks over 10 years, driven by a concentrated portfolio and gains in private investments tied to innovation trends....
Zacks Investment Research - 6/11/2026 9:35:20 AM
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KAWASAKI, Japan--(BUSINESS WIRE)-- #DrugDelivery--The first patient has been dosed with 64Cu-PD-29875 in a first-in-human clinical study in patients with gastric cancer....
Business Wire - 6/11/2026 9:35:00 AM
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Investors need to pay close attention to (Ticker) stock based on the movements in the options market lately....
Zacks Investment Research - 6/11/2026 9:30:57 AM
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Scott Galloway and Ed Elson laid out the math on Prof G Markets and it should make every fast food shareholder uneasy: roughly 30 million Americans, about 1 in 8 US adults, are now on GLP-1s, and the drugs are reducing fast food's addressable market by an estimated 27-30%....
24/7 Wall Street - 6/11/2026 9:30:53 AM
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Eaton (ETN) stands out as an electrification powerhouse with a robust track record. Eaton is foundational to the industrial buildout supporting AI and data center development. Eaton has two other sectors, Aerospace and Global Electrification that are also doing well....
Seeking Alpha - 6/11/2026 9:29:46 AM
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Intel Corp (NASDAQ:INTC) is up 4.6% at $111.99 in premarket trading, after Bank of America handed out a double upgrade to the semiconductor giant to "buy" from "underperform" and lifted its price target to $135 from $96....
Schaeffers Research - 6/11/2026 9:27:30 AM
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Phunware Inc (NASDAQ:PHUN, FRA:2RJA) said on Thursday it will exhibit at the Hospitality Industry Technology Exposition and Conference in San Antonio next week, as the mobile enterprise software company named a hospitality technology veteran to lead its sales efforts and previewed new features for its Guest Intelligence Platform. The Nasdaq-listed company appointed Brent McMahan, formerly of FLYR Hospitality, as senior director of sales....
Proactive Investors - 6/11/2026 9:25:57 AM
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Both Bank of America (NYSE: BAC | BAC Price Prediction) and Ford (NYSE: F) flashed bullish technical signals over the past few months, but which one is better in a retirement portfolio right now?...
24/7 Wall Street - 6/11/2026 9:25:08 AM
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Plus: A DIY solar hack catches on, price caps at gas stations and the mysterious case of China's falling oil imports....
WSJ - 6/11/2026 9:25:00 AM
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Shares of Oracle (NYSE:ORCL | ORCL Price Prediction) are down 10% to $182.25 in early trading Thursday, following the company's Q4 FY2026 earnings report released after the bell Wednesday....
24/7 Wall Street - 6/11/2026 9:24:45 AM
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If you bought iShares U.S. Energy ETF (NYSEARCA:IYE) on the last trading day of 2025 at about $47 and you are still holding it this morning at about $61, you are sitting on an about 29% gain in a little over five months....
24/7 Wall Street - 6/11/2026 9:23:54 AM
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Bitwise Solana Staking ETF (BSOL) is rated 'Hold' due to challenging macroeconomic conditions despite strong long-term Solana fundamentals. BSOL stands out among Solana ETFs for full staking participation, low 6% staking fee, 0.20% sponsor fee, and large AUM supporting liquidity. Solana network fundamentals remain resilient, with stablecoin supply near all-time highs and TVL well above previous bear market levels....
Seeking Alpha - 6/11/2026 9:23:50 AM
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Webull stock price jumped by over 10% on Wednesday as investors bought the dip and as the options market pointed to more bullish positioning. BULL jumped to $6.12, up by 15% from its lowest point this week....
Invezz - 6/11/2026 9:23:00 AM
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Follow the action from Madison Square Garden as New York Knicks face San Antonio Spurs (8:30 ET, ABC) in Game 4 of the 2026 NBA Finals....
NBA.com - 6/11/2026 1:30:00 AM
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U.S. inflation reached a three-year high of 4.2%, with Trump arguing that ending the war will resolve both the conflict and rising prices....
CNBC - 6/11/2026 1:27:00 AM
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A rep for Combs denied the allegations in the lawsuit, which comes as the mogul is serving more than four years in prison following his conviction on two counts of transportation to engage in prostitution....
CNN - 6/11/2026 1:24:00 AM
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NWPX marks the first curved steel microtunnel installation, validating new RBJ technology that could expand options for complex utility projects....
Zacks Investment Research - 6/11/2026 9:21:08 AM
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MEOH shares surged 47.7% year to date, riding higher methanol prices amid Middle East supply disruptions, while OCI assets support stronger earnings....
Zacks Investment Research - 6/11/2026 9:21:07 AM
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NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) has plunged 15% from its peak and closed at $200 yesterday....
24/7 Wall Street - 6/11/2026 9:21:07 AM
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CASY, CX and UNH raise dividends as geopolitical tensions, rising oil prices and rate uncertainty fuel the need for steady income....
Zacks Investment Research - 6/11/2026 9:21:04 AM
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A Google director published a resignation letter, citing Google's work with the Pentagon. The letter accused Google of abandoning principles around AI and the environment....
Business Insider - 6/11/2026 9:16:30 AM
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NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management, through investment funds managed by Morgan Stanley Real Estate Investing (MSREI), announced today the acquisition of a 300,000-square-foot mission-critical defense manufacturing facility located in Taunton, MA, approximately 40 miles south of Boston. The property is subject to a long-term absolute triple net lease with a leading defense contractor. Commenting on the transaction, Will Milam, Head of Morgan Stanley Real Estate Inves....
Business Wire - 6/11/2026 9:15:00 AM
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South Korean authorities have imposed a record-breaking fine of $624 billion won (over $400 million) on retail giant Coupang after a data breach last year compromised the personal data of more than 34 million customers....
TechCrunch - 6/11/2026 9:18:51 AM
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Sony Group Corporation remains a Buy as valuation improves despite recent operational setbacks and market underperformance. Recent losses from the discontinued AFEELA EV project and Bungie impairment are offset by prudent capital allocation and cost discipline. Key upside catalysts include potential outperformance in Gaming and Pictures, notably from GTA 6 and blockbuster film releases....
Seeking Alpha - 6/11/2026 9:17:07 AM
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CRLBF is down 28.5% YTD as revenue pressure and competition persist, but retail expansion and improving estimates could shape its next move....
Zacks Investment Research - 6/11/2026 9:16:04 AM
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St. George's, Newfoundland and Labrador--(Newsfile Corp. - June 11, 2026) - Atlas Salt Inc. (TSXV: SALT) (OTCQX: SALQF) (FSE: 9D00) ("Atlas Salt" or the "Company") is pleased to announce that it has closed its bought deal offering (the "Offering") of common shares of the Company (the "Common Shares") previously announced on May 31, 2026 and upsized on June 1, 2026, raising aggregate gross proceeds of C$15,153,600. Under the Offering, 12,628,000 Common Shares at a price of C$1.20 per Common Share (the "Offering Price") were issued pursuant to National Instrument 45-106 - Prospectus Exemptions ("NI 45-106") in accordance with Part 5A of NI 45-106, as amended by the Canadian Securities Administrators' Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption")....
Newsfile Corp - 6/11/2026 9:16:00 AM
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There was a time when the quantum computing investment thesis was more hype than anything. That was enough to tempt some retail investors for a while....
ETF Trends - 6/11/2026 9:15:33 AM
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Once-hot Micron (MU) is proving vulnerable to a recent uptick in volatility weighing on the artificial intelligence (AI) trade. As of late Wednesday, shares of the memory chipmaker were off 16.55% over the past week and following a recent flirtation with $1,100, the stock is clinging to $900....
ETF Trends - 6/11/2026 9:15:24 AM
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Intel Corporation has surged nearly 400% in 12 months, driven by a compelling turnaround and foundry validation. INTC now trades at a forward price-to-cash-flow of ~38.6x, reflecting high expectations for future earnings, especially from its foundry business. The preliminary Apple partnership could add $700M–$1B in annual foundry revenue starting 2028, but execution risk remains high....
Seeking Alpha - 6/11/2026 9:15:24 AM
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A CoinShares report on Hyperliquid applies equity-style scenario analysis to HYPE, the platform's native token. Three scenarios produce implied five-year price targets ranging from roughly $8 to more than $455 by 2031....
ETF Trends - 6/11/2026 9:15:15 AM
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Invesco Optimum Yld Dvsfd Cmd Str No K-1 ETF is downgraded to hold despite depleted oil inventories and ongoing geopolitical tensions. PDBC has returned 37% since March 2024, outperforming the S&P 500 by nearly 10 percentage points, but commodity momentum has recently weakened. Technical signals show PDBC breaking trend support, with potential downside toward $15.26–$15.50; momentum has turned bearish despite a rising 200-day moving average....
Seeking Alpha - 6/11/2026 9:15:08 AM
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It certainly seems like the threat of inflation won't be going away any time soon. On Wednesday, June 10, the CPI numbers for May came out, showing that the index rose 0.5% for the month....
ETF Trends - 6/11/2026 9:15:04 AM
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BHP Group (BHP) remains a quality miner, but recent share gains and iron ore supply risks temper near-term upside. Simandou's ramp-up pressures iron ore sentiment, yet copper's rising EBITDA share (51%) provides a defensive offset. Jansen's capex increase to $8.4B weakens its short-term catalyst appeal, though it still supports diversification....
Seeking Alpha - 6/11/2026 9:14:04 AM
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DENVER--(BUSINESS WIRE)---- $BURU #LYOCON--NUBURU, Inc. (NYSE American: BURU – the “Company”), a next-generation dual-use Defense & Security platform company, today announced that its recently signed Head of Terms with SunCubes S.r.l. (“SunCubes”) is expected to support a first concrete application case: the joint design of a blue-laser power-beam solution for submarine and underwater environments, with potential integration into SunCubes' DEEP LIGHT underwater wireless power platform. SunCubes recently anno....
Business Wire - 6/11/2026 9:14:00 AM
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The countdown to the SpaceX (SPCX) IPO has finally come down to T-minus one day, and it's going to be a shocker how many people are going to be made incredibly rich as investors witness just how high the oversubscribed IPO goes....
24/7 Wall Street - 6/11/2026 9:13:26 AM
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Smith & Nephew plc (SNN) Shareholder/Analyst Call Transcript...
Seeking Alpha - 6/11/2026 9:12:10 AM
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First National Bank Alaska is well-capitalized with strong returns, but I rate it a hold due to emerging risks. NPLs have nearly tripled year-over-year, signaling potential credit quality concerns despite currently manageable ratios. FBAK's heavy reliance on Alaska's oil and seafood sectors introduces concentration risk, especially as seafood jobs decline....
Seeking Alpha - 6/11/2026 9:11:10 AM
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NICE Ltd. is upgraded from Buy to Strong Buy after a 28% price drop, despite resilient business fundamentals. Current valuation reflects excessive pessimism over short-term margin pressures and a softer Q2 revenue outlook, not a loss of long-term competitive positioning. Q1 revenue rose nearly 10% to $768.6M, with cloud revenue up 14.6% and AI & Self-Service ARR surging 66%....
Seeking Alpha - 6/11/2026 9:10:28 AM
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Lovesac (LOVE) came out with a quarterly loss of $0.76 per share versus the Zacks Consensus Estimate of a loss of $1.03. This compares to a loss of $0.73 per share a year ago....
Zacks Investment Research - 6/11/2026 9:10:31 AM
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J.P. Morgan reiterates Overweight ratings on Coherent and Lumentum stocks in a research note Thursday....
Barrons - 6/11/2026 9:06:00 AM
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SAN FRANCISCO--(BUSINESS WIRE)--New research from Chegg, a global learning and workforce skilling company, reveals a significant skills gap that is placing pressure on employers and employees in frontline-heavy industries across the U.S. The consequences are already being felt: three in ten employers (30%) say they spend more than eight hours every week compensating for workforce skills gaps. Chegg's Frontline Workers Skills Index, based on a survey of 1,000 employers and 1,005 employees across....
Business Wire - 6/11/2026 9:05:00 AM
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IRVINE, Calif.--(BUSINESS WIRE)---- $DSP #AdTech--Viant today announced its enhanced Publisher Solutions, a centralized tool set that provides access to critical insights and monetization intelligence....
Business Wire - 6/11/2026 9:03:00 AM
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Kylie Jenner and Timothée Chalamet supported the Knicks in matching Chrome Hearts jeans and denim jackets for Game 4 of the NBA Finals against the Spurs....
Page Six - 6/11/2026 1:09:00 AM
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Jake Lang, a far-right influencer who was charged in connection with the Jan. 6, 2021, Capitol insurrection, was arrested in Dallas on a state charge of making terroristic threats....
CBS News - 6/11/2026 1:06:40 AM
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Your zodiac sign's daily love horoscope is here for Thursday, June 11, 2026. See how the Aries Moon square Venus in Cancer affects your love life....
YourTango - 6/11/2026 1:05:54 AM
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President Donald Trump's UFC fight on the White House's South Lawn requires a monumental effort from more than seven federal agencies, hundreds of staff working onsite daily and about $60 million....
AP News - 6/11/2026 1:05:00 AM
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Photonics is powering AI infrastructure as data-center bandwidth surges, putting GLW, LITE, COHR, MTSI and MRVL in focus....
Zacks Investment Research - 6/11/2026 9:06:05 AM
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Susquehanna analyst Mehdi Hosseini recently slapped a $1,750 price target on Micron (NASDAQ:MU | MU Price Prediction)....
24/7 Wall Street - 6/11/2026 9:05:11 AM
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Aurora Cannabis NASDAQ: ACB reported a stronger fiscal 2026 performance than it had forecast, driven by growth in global medical cannabis, while warning that fiscal 2027 will be a “reset year” as Canadian medical reimbursement changes weigh on revenue and margins....
MarketBeat - 6/11/2026 9:04:17 AM
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Major Drilling Group International TSE: MDI reported record annual revenue for fiscal 2026, as higher drilling activity across all regions helped lift fourth-quarter sales and profitability, executives said on the company's earnings call....
MarketBeat - 6/11/2026 9:04:11 AM
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Capricor Therapeutics NASDAQ: CAPR executives said the company is in active discussions with the U.S. Food and Drug Administration as it works toward a potential approval decision for deramiocel, its allogeneic cardiac-derived cell therapy for Duchenne muscular dystrophy....
MarketBeat - 6/11/2026 9:04:06 AM
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NCC Group plc (NCCGF) Q2 2026 Earnings Call Transcript...
Seeking Alpha - 6/11/2026 9:03:31 AM
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Figure Technology Solutions, Inc. remains a Buy despite a 30% decline since my last coverage. I see no significant structural issues with FIGR; fintech sector headwinds and AI risk appear overblown here. Recent acquisition of Kiavi could catalyze a turnaround and support further growth....
Seeking Alpha - 6/11/2026 9:03:04 AM
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Intel shares INTC surged 4% in premarket trading after Bank of America upgraded the semiconductor company to Buy from Underperform and raised its price target to $135 from $96. The brokerage cited growing demand for central processing units (CPUs) and Intel's positioning to benefit from the rise of agentic artificial intelligence....
Invezz - 6/11/2026 9:02:39 AM
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Korea has been a hot market but shares are falling back to earth, especially those of memory chip makers Samsung and SK Hynix....
Barrons - 6/11/2026 9:01:00 AM
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APD is well-placed to gain from its investments in high-return industrial gas projects and productivity measures....
Zacks Investment Research - 6/11/2026 9:01:18 AM
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Agnico Eagle trades at a premium, but still-favorable gold prices, strong cash flow and key projects support its growth outlook....
Zacks Investment Research - 6/11/2026 9:01:17 AM
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DoorDash launched a new chatbot that lets users order food and groceries and make reservations with photos and prompts. It's a market that's becoming a major testing ground for agentic AI tools....
CNBC - 6/11/2026 9:00:01 AM
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FORT SMITH, Ark.--(BUSINESS WIRE)--Following a successful 2025 pilot, ArcBest is adding two Tesla Semis to the ABF Freight fleet to expand testing of electric Class 8 trucks....
Business Wire - 6/11/2026 9:00:00 AM
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Syndax has transitioned into a two-product commercial oncology company with growing revenue and strong cash reserves. Revuforj and Niktimvo drive SNDX's revenue, with Q1 2026 net sales exceeding $100M and significant expansion potential in AML and chronic GVHD. Revuforj's broad FDA approval and post-transplant maintenance potential, alongside Niktimvo's unique mechanism, underpin a multi-billion dollar franchise opportunity....
Seeking Alpha - 6/11/2026 8:57:50 AM
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A strategic pivot is unfolding in the semiconductor space, reshaping the investment thesis for a key industry player. For months, the narrative surrounding Wolfspeed NYSE: WOLF was anchored to the headwinds facing the consumer electric vehicle market....
MarketBeat - 6/11/2026 8:55:26 AM
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Partnership Expands Access to Enterprise Advertisers Through Independent Media Agency Network Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - BrandPilot AI Inc. (CSE: BPAI) (OTCQB: BPAIF) ("BrandPilot" or the "Company"), a provider of AI-powered advertising performance technology focused on reducing fraud, waste and abuse in digital advertising, today announced that it entered into an agency customer and partnership agreement with Epitaph Group on June 8, 2026. Under the agreement, Epitaph Group will deploy BrandPilot's technology solutions within its client service offering and will have the ability to introduce the Company's platform to additional advertisers across its client portfolio....
Newsfile Corp - 6/11/2026 8:55:00 AM
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The market is already treating tomorrow's SpaceX IPO as one of the most important public offerings in decades....
24/7 Wall Street - 6/11/2026 8:54:44 AM
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Medicus Pharma (NASDAQ:MDCX) has submitted an Investigational New Drug application to Abu Dhabi's Department of Health for PRECISION-E2, a Phase 2a clinical trial evaluating its Teverelix drug candidate in women with symptomatic endometriosis in the United Arab Emirates. The study will enroll approximately 84 women across multiple sites in the UAE and test three different Teverelix dosing regimens, delivered by injection, to determine which dose and method best controls estrogen levels while minimizing side effects....
Proactive Investors - 6/11/2026 8:53:15 AM
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BlackRock Inc. (NYSE: BLK) has seen its crypto portfolio fall by more than $12 billion during the first 11 days of June 2026....
Finbold - 6/11/2026 8:52:35 AM
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Kimbell Royalty Partners LP continues to deliver robust returns and maintains a buy rating despite valuation nearing its updated target price of $17.34. KRP's asset-light, low-cost model and expanding Permian Basin exposure underpin resilience amid oil and gas market volatility and commodity price swings. Stable production volumes, expanding acreage, and prospective natural gas demand from data centers support KRP's long-term growth outlook....
Seeking Alpha - 6/11/2026 8:52:15 AM
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CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken, one of the longest-standing, most liquid and secure cryptocurrency platforms, has been named to Fortune's inaugural Crypto 100, a ranking of the most influential and impactful companies shaping the digital asset industry. Kraken earned the No. 3 spot on the list, which recognizes organizations at the forefront of a financial transformation playing out in real time. The Fortune Crypto 100 evaluates companies across dimensions including market leadership,....
Business Wire - 6/11/2026 8:52:00 AM
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SailPoint (SAIL) remains a hold as Q1 results, while solid, did not demonstrate a clear acceleration from emerging products or non-human identity adoption. Q1 2027 revenue grew 21.6% y/y to $280.1M, with SaaS ARR up ~36% y/y, but management did not meaningfully raise guidance. Emerging products contributed 20% of net new ARR, and non-human identities now represent 14% of cloud-managed identities, supporting the long-term platform narrative....
Seeking Alpha - 6/11/2026 8:51:29 AM
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TORONTO--(BUSINESS WIRE)--Triple Flag Precious Metals Corp. (with its subsidiaries, “Triple Flag” or the “Company”) (TSX: TFPM, NYSE: TFPM) announces that its wholly owned subsidiary, Triple Flag International Ltd., has entered into a settlement agreement with Steppe Gold Ltd. and its related entities (“Steppe”) pursuant to which, Steppe has delivered to Triple Flag all gold and silver stream obligations in arrears under its stream agreement and has delivered all gold prepay ounces in arrears....
Business Wire - 6/11/2026 8:45:00 AM
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X-Energy is a speculative buy at $21, offering a unique SMR solution with both electricity and high-temperature steam applications. XE's Xe-100 reactor and TRISO-X fuel position it for industrial, chemical, hydrogen, and data center markets, broadening its addressable market versus peers. Q1 2026 saw 109% revenue growth to $43.4M, but operating costs rose 133%, with substantial cash burn offset by a strong post-IPO liquidity position....
Seeking Alpha - 6/11/2026 8:49:19 AM
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The Organization of the Petroleum Exporting Countries cut its oil demand estimates for this year as the U.S. blockade on Iran and near-closure of the Strait of Hormuz continue to curb production from major Gulf producers....
WSJ - 6/11/2026 8:48:00 AM
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The gold market remains firmly caught in a downtrend, with prices trading near critical long-term support levels. Even potentially slowing momentum in the labor market has not been enough to pull prices out of this tailspin....
Kitco - 6/11/2026 8:46:58 AM
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Wealthfront Corporation remains a buy as platform depth and cross-product adoption strengthen the long-term equity story. Q1 saw mixed results: revenue was up 7% y/y to $90.5M, but margin pressure and slower cash management growth persisted. Investment advisory revenue grew 32% y/y, with assets up 39% y/y, highlighting WLTH's shift from a cash-yield product....
Seeking Alpha - 6/11/2026 8:44:34 AM
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The gold market is approaching its earlier lows after the latest data shows U.S. producers saw mixed price pressures last month.The headline Producer Price Index (PPI) rose 1.1% in May, following April's downwardly revised 1.1% rise, the U.S. Labor Department announced on Thursday. The latest inflation data was higher than expectations, as economists looked for a 0.7% increase....
Kitco - 6/11/2026 8:44:10 AM
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For much of the past month, Wall Street has been chanting the same three letters: SPCX, the Nasdaq ticker SpaceX intends to use when it begins trading on June 12, 2026....
24/7 Wall Street - 6/11/2026 8:44:03 AM
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Volkswagen is pressing ahead with sweeping job cuts and cost reductions in Germany as planned, shrinking its workforce by 19,000 by the end of the year, CEO Oliver Blume is set to tell investors at the upcoming AGM....
Reuters - 6/11/2026 8:42:32 AM
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Workspace Group Plc (WKPPF) Q4 2026 Earnings Call Transcript...
Seeking Alpha - 6/11/2026 8:42:09 AM
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PARMA, Italy & FRAMINGHAM, Mass.--(BUSINESS WIRE)--Chiesi Group (“Chiesi”), an international research-focused biopharmaceutical group and certified B Corp, today announced the completion of its acquisition of KalVista Pharmaceuticals, Inc. (“KalVista”). KalVista is now part of Chiesi Group and will contribute to the growth of the Rare Diseases business unit, focused on research, development and commercialization of therapies for rare and ultra-rare conditions. With the completion of the transac....
Business Wire - 6/11/2026 8:41:00 AM
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ATLANTA--(BUSINESS WIRE)--Floor & Decor (NYSE: FND), the leading high-growth retailer specializing in hard-surface flooring for homeowners and professionals, today announced the grand opening of its newest warehouse store and design center in Schererville, Indiana, located at 1516-30 U.S. 41. The Schererville store will open with a team of approximately 40 associates and is led by Michael Albro, the store's Chief Executive Merchant. Floor & Decor operates more than 275 warehouse-format....
Business Wire - 6/11/2026 8:35:00 AM
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Is Oracle (ORCL) "throwing money at the wall?" It's the question Tom White and Jenny Horne debate as the company ups its debt funding to $40 billion....
Schwab Network - 6/11/2026 8:31:13 AM
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