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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…
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.
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…
ECB Raises Rates 25 Basis Points as Iran War Stokes Inflation, June 12
ECB raises rates to 2.25% as eurozone inflation hits 3.2%, well above the 2% target. Growth forecasts cut to 0.8% for 2026.
Ford Recalls More Than 255,000 US Vehicles Over Purge Valve Defect That Could Cause Engine Stalls
Ford Motor Company is once again in the spotlight after announcing a major safety recall affecting more than 255,000 vehicles in the United States. The issue is linked to a faulty canister purge valve, a small but important part of the fuel vapor system. This defect may cause the engine to stall unexpectedly while driving,…
Sun Pharmaceutical (SUNPHARMA) Shares Rise 0.32% as Pharma Giant Announces ₹5 Final Dividend Record Date
Sun Pharmaceutical Industries has once again grabbed investor attention in the Indian stock market. The Sun Pharmaceutical share price rose around 0.32% in recent trading sessions after the company announced a ₹5 final dividend for FY2025-26. The announcement also included key corporate updates, including the upcoming record date for dividend eligibility, which is now in…
Gold MCX August Futures Climb Above ₹1.50 Lakh on Strong Demand
Gold prices on MCX continued their upward march on June 12, 2026, with August futures rising 1.11% to ₹1,50,595 per 10 grams. Silver also posted strong gains, climbing 1.30% to ₹2,42,776 per kilogram. The rally reflects growing investor demand for safe-haven assets amid global uncertainty and shifting economic expectations. As precious metals attract fresh buying…
US Wholesale Prices Surge 1.1% in May, Highest Annual Gain Since 2022
US producer prices rose 1.1% in May 2026, beating forecasts. The 12-month PPI hit 6.5%, highest since November 2022, driven by energy costs.
U.S. Courts Hit Pirate IPTV Operators With $24M in Damages, June 12
U.S. courts hold pirate IPTV sellers liable for copyright infringement. New York reseller and Pennsylvania operator face major damages.