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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.
Bank of Japan Raises Rates to 1%, Highest Level Since 1995
BOJ set to raise rates to 1% on June 16, the highest since 1995, as inflation and weak yen force tightening action.
Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
TSLA shares rose in pre-market trading to $402.00, marking a 0.71% increase as investor sentiment strengthened following news related to SpaceX IPO order book closure. The movement reflects renewed excitement across high-growth technology and space-related assets, which often influence Tesla’s market perception due to Elon Musk’s leadership across multiple companies. The rise in TSLA stock…
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.
GOOGL Stock Moves to $357.77 (+0.39%): Alphabet Unveils Waymo Premier Subscription for Heavy Robotaxi Users
GOOGL Stock rose slightly by 0.39% to $357.77 as investors reacted to Alphabet’s latest move in its autonomous driving business. The company introduced a new Waymo Premier Subscription, designed for heavy robotaxi users who rely frequently on self-driving ride services. The update reflects Alphabet’s growing focus on scaling its Waymo autonomous driving unit, which is…
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.
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…
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.