Today: 12 June 2026
Musk Net Worth Approaches $1.2 Trillion as SpaceX IPO Trades Above $172
12 June 2026

Musk Net Worth Approaches $1.2 Trillion as SpaceX IPO Trades Above $172

SpaceX soared 27.5% above its $135 IPO price to $172.16, valuing the company at $2.26 trillion and boosting Elon Musk’s paper net worth to as much as $1.20 trillion, as investors await a potential Nasdaq-100 inclusion that could trigger major index-fund buying, even as analysts warn the current price far exceeds fair value estimates.
Read More
Netflix Faces Quick Test Beyond Subscriber Counts

Netflix Dips After Jefferies Trims Target; July Earnings Loom

12 June 2026
Netflix shares slipped 1.1% to $80.34 Friday after Jefferies cut its price target to $110 from $128, citing a thin near-term catalyst path; investors await the next major catalyst—second-quarter earnings on July 16—as the stock lags the broader market despite solid revenue and margin guidance.
Read More
Keel Infrastructure Stock Rises as $458 Million AI Data Center Financing Puts Lease Deals in Focus

Keel Infrastructure Stock Rises as $458 Million AI Data Center Financing Puts Lease Deals in Focus

Keel Infrastructure closed a $458 million convertible senior notes deal to fund its shift from Bitcoin mining to AI data center infrastructure, with the stock last at $5.52 and trading near $5.59 premarket; investors are watching for signed AI/HPC leases at Panther Creek, Sharon, and Moses Lake, as lease execution is seen as the next major catalyst for the stock’s valuation.
12 June 2026
····
Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron Stock Nears $1,000 Again as AI Memory Rally Faces June 24 Test

Micron soared 11.66% to $995.87 after a sharp pullback, as investors weigh booming AI-driven memory demand against concerns the stock already prices in a near-perfect upcycle; all eyes are on the June 24 earnings call, with analysts forecasting Q3 EPS of $19.46 on $34.07B revenue and debating whether supply constraints can sustain elevated earnings and justify Micron’s $1.14T valuation.
12 June 2026
·····
EchoStar Stock Rallies as SpaceX IPO Puts SATS’ Spectrum Bet Back in Focus

EchoStar Stock Rallies as SpaceX IPO Puts SATS’ Spectrum Bet Back in Focus

EchoStar surged 11.19% to $128.13 and jumped another 5.48% premarket as investors bet on the value of SpaceX shares EchoStar will receive in a $17 billion spectrum deal, but risks remain with a $183 million deferred interest payment and core revenue falling to $3.67 billion from $3.87 billion, leaving the stock near its 52-week high and dependent on SpaceX’s IPO debut and deal completion.
12 June 2026
····
OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

OpenAI and Anthropic IPO talk grows as SpaceX sticks to $75 billion mark

···
12 June 2026
SpaceX’s $75 billion IPO sets a $1.77 trillion valuation benchmark as it prepares to begin Nasdaq trading Friday, more than doubling Saudi Aramco’s 2019 record and making SpaceX one of the most valuable U.S.-listed companies, with the first sessions expected to influence how investors and bankers approach upcoming OpenAI and Anthropic IPOs.
Read More

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

···
12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
Read More
Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

·····
12 June 2026
Rocket Lab soared 9.26% to $114.78 and hit $119.24 after hours as investors piled into space stocks ahead of SpaceX’s $75 billion IPO, despite KGI Securities starting coverage at Neutral with a $105 target and no company-specific news; record Q1 revenue, a $2.2 billion backlog, and upcoming launches keep attention on RKLB as the sector heats up.
Read More
Outlook Therapeutics Gains as FDA Timeline for Lytenava Comes Up

Outlook Therapeutics Gains as FDA Timeline for Lytenava Comes Up

···
10 June 2026
Outlook Therapeutics soared 26% to $0.89 on heavy volume as investors zeroed in on the FDA’s 60-day review window for Lytenava after a successful appeal, but risks remain with the stock still under $1, looming Nasdaq compliance deadlines, and warnings of possible dilution and going-concern doubts if FDA approval or favorable labeling isn’t secured soon.
Read More

Latest

Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow closes up as Iran deal hopes and lower oil prices draw focus

The Dow Jones surged 353.42 points to 51,208.20 Friday, fueled by U.S.-Iran peace-deal hopes, falling oil prices, and SpaceX’s market debut, but with the index near its 52-week high and inflation still a major risk, investors are eyeing next week’s Fed decision for signals on rates and future market direction.
··········
12 Jun
AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

S&P 500 Ends Up as Oil Drops, SpaceX IPO Catches Wall Street’s Eye

SpaceX soared 28% to $172 in its Nasdaq debut after pricing at $135, pushing its market value above $2.25 trillion and dominating trading as investors rotated out of smaller space stocks; the S&P 500, Dow, and Nasdaq all closed higher, buoyed by falling oil prices and hopes for a U.S.-Iran deal, while analysts flagged elevated valuations and upcoming Fed policy as key risks.
···
12 Jun
Cuprina jumps after Nasdaq compliance update, but risks remain

Cuprina jumps after Nasdaq compliance update, but risks remain

CUPR soared 74% to $4.20 after Cuprina said Nasdaq confirmed it had regained compliance with minimum bid price rules, removing immediate delisting risk following a 1-for-8 share consolidation; Friday’s rally reflects relief over trading continuity, but with 2025 revenue at just US$38,789 and net loss at US$3.63 million, investors now await proof of commercial traction in chronic wound care markets.
··
12 Jun
Microsoft Sinks Under $390 With Nasdaq in Recovery

Microsoft Shares Fall as Investors Worry About AI Spend, Cloud Push

Microsoft shares slid to $386.92 Friday, down 0.9%, as investors questioned whether soaring AI infrastructure spending—set to top $40 billion in the fiscal fourth quarter—will deliver enough cloud revenue to justify the stock’s 23x earnings multiple, especially after Oracle’s massive capex plans rattled the sector and Microsoft’s margins face pressure from ongoing AI investments.
····
12 Jun
Rigetti Computing Stock Falls as Sale Notice Tests $100 Million Quantum Rally

Rigetti Computing Stock Climbs After $40 Target, But Quantum Valuation Risks Remain

Rigetti Computing shares jumped to $21.945 intraday after Rosenblatt reaffirmed a Buy rating and $40 target, spotlighting nearly 99% upside as investors weigh quantum-computing momentum, small revenue, steep operating losses, and possible dilution from government-linked funding, with the next catalyst hinging on converting a $100 million Commerce letter of intent and 108-qubit system demand into funding and customer wins.
··
12 Jun
Go toTop