Marcin Frąckiewicz

Marcin Frąckiewicz

Marcin Frąckiewicz is the founder and CEO of TS2 Space, a satellite communications company working with customers worldwide. His experience spans satellite communications, telecommunications and technology ventures. He graduated from the Warsaw School of Economics (SGH) and writes about space technology, artificial intelligence, stocks and the technology companies and industries he follows. Follow Marcin Frąckiewicz on Google News, Facebook or LinkedIn.

June 2026 AI News Roundup: G7 looks at AI model access as OpenAI costs, China rivalry grow

June 2026 AI News Roundup: G7 looks at AI model access as OpenAI costs, China rivalry grow

G7 leaders have talked about a proposal to let certain "trusted partners" access top U.S. artificial intelligence models, three diplomatic sources told Reuters. This comes after the U.S. directed Anthropic to restrict foreign nationals from its strongest AI systems. The issue has now landed at the center of allied security and industrial policy talks. AI models are software systems that generate text, code, or other output.
17 June 2026
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June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

June 2026 semiconductor news roundup: U.S. chip controls, SandboxAQ funding and Intel 18A-P

U.S. officials have held off adding China’s DeepSeek, memory chipmaker ChangXin Memory Technologies and more than 100 other firms to a trade blacklist despite their being flagged as security risks, two people familiar with the matter told Reuters. The delay puts a sharper edge on this week’s semiconductor news: Washington is trying to build more of the chip supply chain at home while keeping advanced technology away from China.
17 June 2026
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US Stock Market Today: Live Updates 17.06.2026

US Stock Market Today: Live Updates 17.06.2026

LIVEMarkets rolling coverageStarted: June 17, 2026, 4:00 AM EDTUpdated: June 18, 2026, 3:59 AM EDT Sensex rises 200 pts, Nifty surpasses 24,100 on easing crude prices and improved geopolitical sentiment June 18, 2026, 3:53 AM EDT. The Indian equity market rebounded on Thursday, with the Sensex rising over 200 points from the day’s low and the Nifty climbing above 24,100. Easing crude oil prices played a key role, as Brent crude fell 1.66% to $78.23 per barrel, supporting inflation and fiscal outlook. Improved geopolitical sentiment followed a peace deal MoU signed by US President Trump and Iran, reducing energy-market risks.
17 June 2026
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XRP Price Today: Rebound Falters with Key Level Tested

XRP Price Today: Rebound Falters with Key Level Tested

XRP slid to about $1.22 Tuesday, pulling back after jumping past $1.20 earlier. The rally lost steam as sellers came in near a short-term top, and traders looked at a new Ripple payments agreement while some locked in gains. XRP hit $1.25 at its session high, trading between $1.21 and $1.25. Bitcoin, ether and solana also declined in Tuesday’s session.
16 June 2026
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Moderna Rises After FDA Review Renews Optimism on mRNA Flu Shot

Moderna Rises After FDA Review Renews Optimism on mRNA Flu Shot

Moderna, Inc. shares jumped Tuesday after FDA staff reviewers said data on the company’s mFlusiva flu shot “may support effectiveness” in adults 65 and up. Moderna traded at $57.19, up about 9.7%. The stock hit an intraday high of $57.36 on nearly 6.8 million shares traded. SPDR S&P 500 ETF Trust slipped 0.4%, with Invesco QQQ Trust down 1.4%.
16 June 2026
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Netflix Stock Falls as M&A Reports Put July Earnings Catalyst in Focus

Netflix Stock Falls as M&A Reports Put July Earnings Catalyst in Focus

Netflix shares fell Tuesday as investors weighed fresh M&A speculation against the company’s next earnings catalyst. The stock was down about 2.7% at $79.48, compared with a 1.5% drop in the Invesco QQQ Trust, a widely used exchange-traded fund that tracks the Nasdaq-100 growth-stock basket. The move came after The Fly, citing Semafor, reported that Netflix lost a bid for Roku to Fox and is among media companies interested in Lionsgate Studios, though no formal indication of interest has been made.
16 June 2026
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Redwire Stock Falls Again as RDW Faces $500 Million Dilution Overhang

Redwire Stock Falls Again as RDW Faces $500 Million Dilution Overhang

Redwire Corporation stock was under fresh pressure Tuesday, trading near $13.69 after falling about $1.14 from Monday’s close. The decline was steeper than the broader tape: the Procure Space ETF, an exchange-traded fund that tracks a basket of space-related stocks, was down about 3.0%, while QQQ fell about 1.5% and SPY slipped roughly 0.4%. That matters because RDW is still being treated like a high-beta space and defense technology name, meaning it tends to move more sharply than major indexes when sentiment turns.
16 June 2026
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Rackspace Shares Swing After AMD AI Compute News; Funding and Job Cuts Remain Concerns

Rackspace Shares Swing After AMD AI Compute News; Funding and Job Cuts Remain Concerns

Rackspace Technology, Inc. shares jumped about 13% to $6.66 in early Nasdaq trading Tuesday. The stock saw heavy volume, spiking to a session high of $7.82 after the company went from an AMD memorandum of understanding to a firm agreement for AI compute capacity. Trading pushed Rackspace’s market cap to around $1.7 billion with about 32.5 million shares changing hands.
16 June 2026
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Nvidia Shares Dip After $25 Billion Bond Rally as Investors Look at AI Boom Risks

Nvidia Shares Dip After $25 Billion Bond Rally as Investors Look at AI Boom Risks

Nvidia Corporation fell about 1.2% early Tuesday, trading near $209.98 after a strong bond-sale rally on Monday. The chipmaker ended Monday at $212.45, pushing its market value past $5 trillion, but the stock lost some ground as investors wrestled with a richer balance sheet and high valuation. The Invesco QQQ Trust, which tracks the Nasdaq 100, edged down, while the iShares Semiconductor ETF was close to unchanged. According to current market data, Nvidia’s price-to-earnings ratio, or P/E ratio, is around 32.
16 June 2026
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SPCH ETF Pops on SpaceX Surge, 2X Leveraged Trade Heats Up After IPO

SPCH ETF Pops on SpaceX Surge, 2X Leveraged Trade Heats Up After IPO

Themes ETF Trust’s Leverage Shares 2X Long SPCX Daily ETF jumped in early trading Tuesday, tracking gains tied to SpaceX’s post-IPO rally. SPCH finished at $20.88 Monday, after moving between $16.40 and $21.88. Turnover hit about 14.8 million shares. The ETF was indicated at $23.16 before the bell at 8:03 a.m. EDT. Cboe launched SPCH and the 2X Short SPCX Daily ETF as new listings on June 15.
16 June 2026
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Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital Jumps After Morgan Stanley Lifts Target on AI Storage Demand

Western Digital Corporation shares surged Monday, leading the S&P 500 as buyers piled into storage names with links to AI infrastructure. WDC finished at $653.53 for a gain of 16.10% after touching $658.80 in the session. Google Finance pegged its market cap at about $225 billion, with a price-to-earnings ratio of 39.03. A P/E ratio tracks share price against earnings per share; higher readings signal investors are paying up for future growth.
16 June 2026
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SoFi Stock Rises Alongside Nasdaq Ahead of Fed Decision

SoFi Stock Rises Alongside Nasdaq Ahead of Fed Decision

SoFi Technologies, Inc. jumped 3.3% Monday to close at $17.13. Shares got as high as $17.43 in the session. About 76 million shares traded, above average. SOFI finished last session at $16.58. The move put the stock above its 50-day moving average, but it’s still trading below the 200-day—often a focus for traders watching longer-term momentum.
16 June 2026
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US Stock Market Today: Live Updates 16.06.2026

US Stock Market Today: Live Updates 16.06.2026

LIVEMarkets rolling coverageStarted: June 16, 2026, 4:00 AM EDTUpdated: June 17, 2026, 3:59 AM EDT National Stock Exchange IPO Moves Forward with Major Sellers Identified June 17, 2026, 3:50 AM EDT. The National Stock Exchange (NSE) is poised to file its draft red herring prospectus (DRHP) with SEBI, marking a step forward for its long-delayed IPO. The offer is an Offer for Sale (OFS) where existing shareholders will sell about 6% equity, potentially raising Rs 30,000 crore ($3.6 billion), making it one of India’s largest IPOs. Key sellers include State Bank of India (SBI), expected to divest around 24.75 million
16 June 2026
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Nasdaq steady in late trading as oil eases, Fed up next

Nasdaq steady in late trading as oil eases, Fed up next

Wall Street rallied Monday as stocks jumped, lifted by weaker oil prices and hints that the U.S. and Iran may be nearing a deal to reopen the Strait of Hormuz. The S&P 500 closed up 122.83 points at 7,554.29. The Dow added 468.77 to 51,671.03. The Nasdaq finished 795.10 higher at 26,683.94, according to Reuters and AP. Futures faded in after hours. The S&P 500 was down 0.12%, Nasdaq 100 futures off 0.16%, and Dow futures eased 0.07% as of 7:43 p.m. ET, Investing.com data showed.
16 June 2026
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