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June 12, 2026

SpaceX IPO $75 billion illustration
SpaceX IPO: Musk's Historic Trillionaire Rise
SpaceX (SPCX) began trading on the Nasdaq on Friday after raising a record $75 billion at IPO, vaulting founder Elon Musk past $1.1 trillion in net worth and reordering the global wealth landscape in a single session. For macro and sector investors, the debut creates the largest...
JBS plant closure illustration
JBS Plant Closure Reflects U.S. Beef Strain
JBS, the world’s largest meatpacker, will permanently close its Swift Beef facility in Riverside,...
Shell Exits Offshore Wind: $1B Asset Sale in Focus
Shell (SHEL.L) is preparing to divest its offshore wind portfolio for more than $1 billion, deepening CEO Wael Sawan’s retreat from renewables...
Amazon's New Robot and Gilead's Biotech Move
Tesla Outlook Brightens as J.P. Morgan Resets Stance
SpaceX IPO's $500B Valuation Gap Scrutinized
India's GDP Surges 7.8%; Mid-East Tensions Loom
Tesla's 39% Sales Surge in China Elevates EV Market
Exterior of Micron's building with company logo visible.
Micron Hits Trillion-Club: AI Drives Stock Surge
1 week ago
Shares of Micron Technology (MU) rocketed past the $1,000 mark on Monday, propelling the memory chip manufacturer into Wall Street’s elite trillion-dollar market capitalization...
A panoramic view of Rio de Janeiro with the Christ the Redeemer statue.
25% Tariff Proposal on Brazilian Imports Unveiled
1 week ago
The Trump administration announced proposed 25% tariffs on Brazilian imports Monday after completing a Section 301 trade investigation, representing the most recent expansion in...
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Amazon Ring Lawsuit: Privacy Breach Under Fire
1 week ago
A Virginia resident has filed a lawsuit against Amazon (AMZN.O) on Monday, demanding $5 million in damages over allegations that Ring doorbell cameras unlawfully gather facial...
Packaged meat products on display in a supermarket.
Leadership Shift at Tyson: Jeff Schomburger Steps In
1 week ago
Tyson Foods (TSN) has named board member Jeff Schomburger as its new president and CEO, replacing Donnie King in a leadership shake-up at the beleaguered meat processing giant. This...
Industrial facility with storage tanks and metal structures.
U.S. Oil Reserves at Historic Low Amid Record Release
1 week ago
America’s Strategic Petroleum Reserve has plummeted to its lowest point since 1982 following the Trump administration’s historic release of 172 million barrels in response...
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Ferrari CEO: Why $640K for Electric Car Is Worth It
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Kohl's Stock Jumps 17% on Surprising Sales Growth
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Replimune's FDA Pathway Clears: Melanoma Drug Update
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