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ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
ASML stock surges 9.5% after Elon Musk pitches $55B Terafab chip factory. Dutch chipmaker holds monopoly on EUV lithography equipment.
Kalshi Hits $1B in Crypto Perps Volume, Expands to HYPE and Solana
Kalshi’s crypto perpetuals hit $1B volume in one week. HYPE token jumps 10% after regulated futures launch on new assets.
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.
VIX Falls to 18.83 on Iran Ceasefire Hopes, June 12
VIX falls 15.3% to 18.83 as Iran ceasefire optimism drives risk-on rally. S&P 500 up 1.75%, oil prices fall, Treasury yields decline.
Mark Cuban Reverses Bitcoin Stance: Calls It ‘Lost the Plot’, June 12
Mark Cuban reverses Bitcoin stance, calling it ‘lost the plot’ after recommending a 10% speculative bet. BTCUSD trades at $63,398, down 27% YTD.
SpaceX IPO Prices at $135, Raising Record $75 Billion, June 12
SpaceX prices $75 billion IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 on Nasdaq under ticker SPCX.
Hong Kong MPF Contribution Limits Set to Rise, June 12
MPF contribution limits may rise to HK$40,000 monthly income cap from July 2026, with lower earners exempt above HK$10,500.
European Stocks Rally as Oil Falls Near $93 on US-Iran Diplomatic Hopes; STOXX 600 Holds Gains
When oil falls, European stocks gain, and that trade is playing out precisely on June 12, 2026. The pan-European STOXX 600 navigated a choppy session this week as oil prices hovered near $93 per barrel following one of the biggest exchanges of hostilities between the US and Iran since the two countries agreed to a…
Dow Jones futures jump 0.6%, S&P 500 rises 0.5%, Nasdaq 100 adds 0.4% after sudden Iran de-escalation move
U.S. stock futures moved higher in early trading as global risk sentiment improved sharply. Dow Jones futures climbed around 0.6%, S&P 500 futures gained 0.5%, and Nasdaq 100 futures added nearly 0.4%. The main trigger is a sudden shift in geopolitical tone around Iran. Reports suggest progress in diplomatic discussions and a possible easing of…