Today: 12 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors.

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Possible SpaceX IPO May Mean Big Windfall for Musk Associate, Raises Questions for Valor

Antonio Gracias, who runs Valor Equity Partners and has close ties to Elon Musk, is in line for a major windfall from SpaceX’s coming IPO. A regulatory filing showed entities linked to Gracias control about 7.3% of SpaceX’s Class A shares. Business Insider put the stake at around $91.6 billion at a $1.5 trillion company value. The Wall Street Journal said it could clear $100 billion if the IPO values SpaceX at $1.5 trillion or higher.
21 May 2026
MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Shares Surge 40% as Quantum Release Drives MLGO Spike

MicroAlgo Inc. stock surged 39.95% Wednesday after the Shenzhen-based algorithm developer announced a proposed quantum image edge-extraction algorithm for noisy images. The news fueled heavy trading in MLGO, a small-cap name known for big swings. Shares finished the day at $5.36 after hitting $6.87 earlier, then dipped to $5.22 in after-hours trading, which means trades after the closing bell.
Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant Stock Surges 35% After Arthritis Drug Data: Why Wall Street Is Repricing IMVT

Immunovant shares closed 35.3% higher at $35.56 on Wednesday after the biotech company reported encouraging 16-week data for its experimental rheumatoid arthritis drug, IMVT-1402, a move that made the stock one of the day’s standout U.S. healthcare gainers. Roivant Sciences, Immunovant’s majority owner, also rose sharply, closing about 14.9% higher at $32.41.
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Stock Market Today

  • S&P 500 Flashes Rare Shiller CAPE Warning as AI Fuels Rally
    July 12, 2026, 12:24 PM EDT. The S&P 500 is closing in on record valuations, with the Shiller CAPE ratio now at 41.4-more than double its long-term average and near dot-com bubble peaks. That level has shown up just once since 1890. It's happening as AI stocks power a historic rally. The Shiller CAPE compares stock prices to 10-year inflation-adjusted earnings, filtering out swings in the cycle. This AI cycle draws some parallels with the 2000 tech surge, which ended with stretched valuations and a capital crunch. Past may not repeat, but this rare signal puts market risk on watch.
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