Market news
Crypto, stocks, forex and macro, aggregated for traders.
BNY's Bob Savage Highlights Declining Cash, Elevated Valuations, Record IPO in U.S. Equities
BNY's Bob Savage analyzes U.S. equities using iFlow data, pointing to declining institutional cash balances, elevated valuations, and record IPO issuance.
SpaceX IPO Raises $75 Billion, Valued at $1.77 Trillion
SpaceX's long-awaited IPO has been a massive success, raising $75 billion and valuing the company at $1.77 trillion, making it the seventh-largest US firm.
Thndr Receives Initial Approval for Saudi Brokerage Licence
Thndr received initial approval from Saudi Arabia's Capital Market Authority to operate as a securities broker, targeting a full launch in the Kingdom in Q1 2027.
View Day's P&L for positions on Kite web
Zerodha added a feature to Kite web that lets traders view the day's profit and loss for their overnight positions.
Schwab Reports Monthly Activity Highlights
Schwab's monthly activity report showed total client assets of $13.14 trillion as of month-end May 2026, up 27% from May 2025 and 4% from April 2026.
Lennar Q2 FY26 Earnings: Revenue Miss and Weak Guidance
Lennar reported Q2 FY26 revenue of $7.9B, missing the $8.02B estimate. Adjusted EPS was in line at $1.24, but Q3 deliveries and new orders guidance fell short, signaling soft demand.
Adobe Q2 FY26 earnings beat across all metrics; CFO departing June 15
Adobe reported Q2 FY26 revenue of $6.62B and adjusted EPS of $5.96, both surpassing estimates. The company also issued strong Q3 guidance and announced CFO Dan Durn will leave on June 15.
Dow Jones Steadies After Hot PPI Data
After a sharp drop on Wednesday, the Dow Jones Industrial Average stabilized on Thursday despite hotter-than-expected Producer Price Index data.
BlackRock Orders $5B in SpaceX Shares
BlackRock has submitted an order to purchase at least $5 billion worth of SpaceX shares, according to sources familiar with the matter, with other large asset managers placing similarly sizable orders.
FTSE 100 Rebounds as Markets Bet on US-Iran Deal
The FTSE 100 staged an impressive rebound as stock markets and oil traders continue to bet on a US-Iran deal despite escalating rhetoric from Washington, according to Chris Beauchamp, Chief Market Analyst at an online trading platform.
SpaceX IPO Valuation Gap Nears $1 Trillion
Two rational traders studying the same SpaceX IPO prospectus arrived at valuations nearly $1 trillion apart, highlighting the extreme uncertainty in the company's market worth.
NEURA Robotics Raises Up to $1.4B in Series C from Tether, Nvidia, Amazon, Qualcomm
German robotics firm NEURA Robotics secured up to $1.4 billion in Series C funding from investors including Tether, Nvidia, Amazon, and Qualcomm. The funds will support development of its 'physical AI' platform and mass production of humanoid robots.
US Stock Futures Rise on Reports of End to Iran Strikes
Dow, S&P 500, and Nasdaq 100 futures advanced during European hours Thursday following reports that US military operations against Iran have concluded.
S&P 500 Slides to One-Month Lows on Stagflation Fears: Deutsche Bank
Equities fell to one-month lows as higher oil prices and US-Iran tensions revived stagflation concerns, according to Deutsche Bank.
Balanz Buys Córdoba Brokerage Grupo del Plata
Grupo Balanz acquired Grupo del Plata, a Córdoba-based clearing and settlement agent, as part of its strategy to deepen its footprint across Argentina's interior.
Nordnet Launches the Nordics' First German Index Fund
Nordnet Funds launched Nordnet Tyskland, the first fund tracking the German stock market available in the Nordic region, as its fund company surpassed SEK 100 billion in assets.
Webull Launches Model Context Protocol for AI Trading in Plain Language
Webull launched its Model Context Protocol server, allowing clients to query market data, place orders and manage positions using natural-language AI commands.
Cash App Launches Mobile Service: $40 Unlimited 5G Plan
Cash App announced the pilot launch of Cash App Mobile, a $40/month unlimited 5G phone plan on AT&T's network powered by Gigs, targeting gig workers and underbanked consumers.
Oracle drops 7% after-hours on $20B AI fundraising plan
Oracle shares fell 7% in extended trading after the company reported earnings and revenue above estimates but announced a $20 billion capital raise for AI expansion.
Dow Jones Falls 1.2% as Ceasefire Optimism Fades
The Dow Jones Industrial Average dropped nearly 600 points on Wednesday, settling just under 50,250 after hitting session lows.
Airbus Wins EUR 345M Contract for Copernicus Sentinel-1 NG Radar Instruments
Airbus SE has been awarded a €345 million contract by Thales Alenia Space to provide radar instruments for the Copernicus Sentinel-1 NG mission, with first launch expected in 2034.
Align Technology Elliott Wave Analysis Suggests Potential New Highs
The monthly chart of Align Technology shows a completed wave III near $700 and an ongoing corrective wave IV, with potential for a wave V rally to new highs.
Johnson & Johnson: Wave 4 Correction Nearing Completion
Technical analysis suggests Johnson & Johnson's wave 4 correction may be finishing after an extended wave 3 rally, as discussed with members on November 14, 2025.
SpaceX IPO Set for June 12, 2026, Could Be Landmark Event
SpaceX is reportedly planning to go public on June 12, 2026, with the listing expected to be one of the largest in history, potentially surpassing Alibaba and Saudi Aramco.