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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 Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
SpaceX raises record $75 billion in IPO at $135 per share, valuing the company at $1.77 trillion. Trading begins June 12 under ticker SPCX on Nasdaq.
Sydney Childcare Worker Faces Sentencing on Abuse Charges, June 12
David William James pleaded guilty to 11 charges related to child abuse material at six Sydney childcare centres.
Bitcoin Holds Near $63,579 as Hot PPI and SpaceX’s Record IPO Drain Liquidity From Crypto Markets
This is not a Bitcoin story. It is a macro story, and Bitcoin is absorbing it. Bitcoin holds near $63,579 on June 12, 2026, after briefly climbing above $63,500 before retracing sharply as US Producer Price Index (PPI) data for May came in at 6.5% year-over-year above consensus and directly revived rate-hike fears that had…
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…
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…
SpaceX IPO Prices at $135, Raising Record $75 Billion on June 12
SpaceX IPO prices at $135/share, raising $75 billion at $1.78 trillion valuation. Nasdaq debut June 12 marks largest IPO ever.
Apple Inc Shares Hold Near $295 as Touchscreen MacBook Ultra Rumors Gain Hard Supply Chain Confirmation
The touchscreen MacBook story crossed a line this week from analyst speculation into verified supply chain confirmation. Industry insider Instant Digital confirmed Apple is actively developing its first touchscreen MacBook, with Samsung Display gearing up to produce OLED panels (OLED) in two sizes: 14.3 inches and 16.3 inches, the exact dimensions that map to the…
Elon Musk Becomes the World’s First Trillionaire as SpaceX IPO Prices at $135, Valuing the Company at $1.77T
No individual has ever been worth $1 trillion. Until today. SpaceX (SPCX) priced its IPO at $135 per share on June 11, 2026, for a valuation of approximately $1.77 trillion, making it the largest initial public offering in financial history and pushing Elon Musk’s paper net worth past the trillion-dollar threshold for the first time….