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SpaceX Stock Surges 19% on Record $75B IPO Debut, June 12
SpaceX IPO raised $75B at $135/share, opening at $150 and closing at $161.11. Company valued at $2.1 trillion, sixth-largest US company.
SpaceX Stock Soars 24% on Record $75B IPO Debut, June 13
SpaceX IPO debut: Stock opens at $150, up 24% on record $75B raise. Elon Musk becomes world’s first trillionaire. Retail demand exceeded $100 billion.
Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
Cash App is making a major move beyond digital payments and personal finance by launching a new wireless phone service. The company has introduced a $40 per month unlimited phone plan that operates on the AT&T network, marking its entry into the highly competitive telecommunications market. The launch represents one of the biggest expansions in…
SpaceX IPO Soars to $175, Musk Becomes World’s First Trillionaire
SpaceX IPO raised $75 billion at $135 per share, the largest offering ever, valuing the company at $2.29 trillion.
UK Economy Shrinks: GDP Drops 0.1% in April as Iran Conflict Sends Energy Costs Soaring and Growth Slows
The UK Economy faced a setback in April as the country’s Gross Domestic Product (GDP) fell by 0.1%, highlighting growing pressure from higher energy prices, weaker consumer demand, and increasing global uncertainty. The decline came at a time when geopolitical tensions involving Iran pushed energy costs higher, creating additional challenges for businesses and households. The…
Crypto ATM Ban Advances in Delaware as Lawmakers Target “Predatory” Fees and Scams via Bill 441
Delaware lawmakers are advancing legislation aimed at tightening regulations on cryptocurrency kiosks, commonly known as Bitcoin ATM machines. The proposed measure, known as House Bill 441, seeks to address growing concerns about consumer fraud, excessive transaction fees, and scams that have increasingly targeted vulnerable individuals. The legislation has gained attention across the cryptocurrency industry because…
SOFI Stock Surges 5.04% to $16.67: SoFi Technologies Director Gains 18,388 Shares Through RSU Settlement—Bullish Signal?
Sofi Stock attracted significant attention after shares of SoFi Technologies Inc. climbed 5.04% to $16.67 in a strong trading session. The gain came as investors assessed a recent regulatory filing showing that a company director received 18,388 shares through the settlement of restricted stock units (RSUs). The stock’s move higher reflects growing optimism around SoFi’s…
Advanced Micro Devices (AMD) Surges 7.97% to $488.45 as It Plans Over $10 Billion Investment in Taiwan Chip Expansion
AMD Stock gained significant attention after shares surged 7.97% to $488.45, driven by the company’s announcement that it plans to invest more than $10 billion across Taiwan’s semiconductor and artificial intelligence ecosystem. The move highlights AMD’s commitment to expanding its manufacturing capabilities and strengthening its position in the rapidly growing AI infrastructure market. Investors responded…
AVGO Shares Jump 3.62%: Broadcom Inc Looks Costly at 33.3x Earnings, But the 2028 Outlook Tells a Different Story
Broadcom Inc (AVGO) is back in focus after its shares jumped 3.62% in recent trading. The move reflects strong investor confidence in the semiconductor and AI infrastructure space. But there is a debate building in the market. On one side, Broadcom Inc looks expensive at around 33.3x earnings. On the other side, long-term investors see…