ANZ Shares Gain on RBA Rate Decision and NZ Leadership Transition
Markets Daniel Marsh

ANZ Shares Gain on RBA Rate Decision and NZ Leadership Transition

ANZ Group Holdings rose 1.01% to A$34.17, driven by a broader market rally and anticipation of the RBA's June 16 rate decision, alongside a leadership shift in its New Zealand unit.

ANZBY
Elon Musk's Net Worth Nears $1.2 Trillion as SpaceX Surges Post-IPO
IPO Michael Okonkwo

Elon Musk's Net Worth Nears $1.2 Trillion as SpaceX Surges Post-IPO

SpaceX shares jumped 27.5% above the $135 IPO price to $172.16, valuing the company at $2.26 trillion and boosting Elon Musk's net worth to as high as $1.20 trillion.

CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion
Markets Daniel Marsh

CoreWeave Surges on Nasdaq-100 Inclusion, Debt Deal Fuels AI Expansion

CoreWeave shares surged 9% after being added to the Nasdaq-100, with index inclusion set for June 22. The company also priced $1.25 billion and €2 billion in high-yield notes for AI infrastructure, but remains high-risk due to losses and leverage.

CRWV
MARA Holdings Rises on Bitcoin Rebound; Long Ridge Deal in Focus
Crypto Sarah Chen

MARA Holdings Rises on Bitcoin Rebound; Long Ridge Deal in Focus

MARA Holdings shares rose 3% as Bitcoin bounced back, drawing attention to the company's large BTC stash and the pending $1.5 billion Long Ridge acquisition.

MARA
Figma Stock Extends Slide Despite Robust AI-Driven Revenue Growth
Technology Sarah Chen

Figma Stock Extends Slide Despite Robust AI-Driven Revenue Growth

Figma shares continued their decline, dropping to $18.12 amid an eight-day losing streak that wiped out $4.1 billion in market value, despite strong AI-fueled revenue growth and an upgraded full-year outlook.

ADBE
Tesla-SpaceX Merger Odds Climb to 54% on Kalshi After Record SpaceX IPO
Markets Daniel Marsh

Tesla-SpaceX Merger Odds Climb to 54% on Kalshi After Record SpaceX IPO

Kalshi traders see a 54% chance Tesla and SpaceX merge before May 2027 after SpaceX's record $75B IPO. Tesla's high valuation and Q2 delivery numbers are critical catalysts.

TSLA
Oil Prices Slide as Iran Peace Hopes Ease War Premium
Commodities Rebecca Torres

Oil Prices Slide as Iran Peace Hopes Ease War Premium

Brent crude fell 3.7% to $87.04 and WTI dropped 3.55% to $84.60 on hopes of a U.S.-Iran peace deal, reducing war premium. Energy stocks rose as investors balanced lower prices with supply risks.

XOM CVX XLE USO
SpaceX Shares Surge on Nasdaq Debut, Fast-Track Index Inclusion Ahead
IPO Michael Okonkwo

SpaceX Shares Surge on Nasdaq Debut, Fast-Track Index Inclusion Ahead

SpaceX shares surged 24% above its $135 IPO price in its Nasdaq debut, closing at $167.83, as the market eyes fast-track Nasdaq 100 inclusion and the company's heavy AI spending.

Rubico Shares Surge on Trillium Filing Flip, Ownership Uncertainty Looms
Markets Daniel Marsh

Rubico Shares Surge on Trillium Filing Flip, Ownership Uncertainty Looms

Rubico Inc. shares jumped 35% after a Trillium Trading filing showed a 5.4% stake, only to be amended to 0% the next day, fueling volatility and focus on dilution risks.

RUBI
Cipher Digital Rises on AI Data Center Financing Details
Markets Daniel Marsh

Cipher Digital Rises on AI Data Center Financing Details

Cipher Digital shares rose 9% to $24.66 after pricing $810 million in senior secured notes for its Stingray AI data center. The June 15 closing is a key catalyst, though high volatility and losses keep the stock risky.

CIFR
Pfizer Shares Edge Higher After RBC Upgrade
Markets Daniel Marsh

Pfizer Shares Edge Higher After RBC Upgrade

Pfizer shares edged up Friday after RBC Capital upgraded the stock to Sector Perform, citing a more balanced risk-reward. Investors now focus on upcoming 2026 oncology trial data.

PFE
Netflix Slips as Jefferies Lowers Price Target, Q2 Earnings in Focus
Earnings James Calloway

Netflix Slips as Jefferies Lowers Price Target, Q2 Earnings in Focus

Netflix shares slipped 1.1% after Jefferies trimmed its price target to $110, citing few near-term catalysts. Investors now focus on Q2 earnings due July 16.

NFLX SPY QQQ