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MEC News Today: Stay Updated with the Latest Mayville Engineering Company, Inc. News in Real Time

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MECNYSE
IndustrialsManufacturing - Metal Fabrication
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Diehl Defence Unveils Cobra 600 Jet Drone, June 12
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Diehl Defence Unveils Cobra 600 Jet Drone, June 12

Diehl Defence’s Cobra 600 jet drone extends IRIS-T missile range to 400 km, combining airborne transport with ground-based air defence capabilities.

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Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13
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Shell Pauses $3B Buyback as ARC Acquisition Vote Nears, June 13

Shell pauses $3B buyback program from June 12 to July 14 ahead of ARC Resources acquisition shareholder vote. Stock trades at $85.71, down 0.40%.

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ASML Stock Surges 9.5% as Musk Pitches $55B Terafab, June 13
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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.

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Cash App Enters Telecom Space with $40 Unlimited Phone Plan on AT&T Network Targeting Young Users
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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…

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Tesla (NASDAQ: TSLA) Pre-Market Hits $402.00 (+0.71%) as SpaceX IPO Order Book Closure Sparks Momentum
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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…

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SpaceX IPO Soars to $175, Musk Becomes World’s First Trillionaire
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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.

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Mitsui Sumitomo Merger Targets ¥280B Profit by 2030, June 12
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Mitsui Sumitomo Merger Targets ¥280B Profit by 2030, June 12

Mitsui Sumitomo Marine and Aioi Nissay Dowa merger targets ¥280B profit by 2030, reshaping Japan’s insurance competitive landscape.

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SpaceX Debuts at $1.77 Trillion Valuation on Record $75B IPO, June 12
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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.

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GOOGL Stock Moves to $357.77 (+0.39%): Alphabet Unveils Waymo Premier Subscription for Heavy Robotaxi Users
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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…

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