Today: 17 June 2026

SpaceX CFO Bret Johnsen Hits Billionaire Status After $75B IPO

SpaceX CFO Bret Johnsen Hits Billionaire Status After $75B IPO

SpaceX soared 19% in its Nasdaq debut, closing at $160.95 and pushing its market value above $2 trillion, after raising $75 billion in the largest IPO ever; investors now face questions over valuation as SpaceX posted a $5 billion loss on $18.7 billion revenue in 2025 and trades at a price-to-revenue multiple near 94, with analysts warning fundamentals may not justify the lofty price.
13 June 2026
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Oil Lower as US-Iran Negotiations Weigh, Reserve Warnings Linger

Oil Lower as US-Iran Negotiations Weigh, Reserve Warnings Linger

Oil prices plunged over 3% to multi-month lows as traders bet on a possible U.S.-Iran peace deal that could reopen the Strait of Hormuz, but analysts warn that with U.S. crude inventories at their lowest since February and emergency reserves thinning, any delay in Gulf oil flows resuming could trigger a sharp price spike. (Reuters)
13 June 2026
Quantum Shares Snap Back as IonQ, Rigetti, D-Wave Lose Steam

Quantum Shares Snap Back as IonQ, Rigetti, D-Wave Lose Steam

Quantum stocks ended Friday mixed as the government-funding rally faded, with investors now watching for final CHIPS Act funding terms and D-Wave’s June 18 roadmap event; despite strong order pipelines, valuations remain stretched and insider selling at D-Wave has added caution, leaving the sector risky as future revenue and technical milestones become key for further gains.
13 June 2026
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SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX IPO Rattles Satellite Stocks; Rocket Lab, AST SpaceMobile Fall

SpaceX’s IPO at $135 a share surged 19% to $160.95, setting a new public benchmark for space stocks and triggering a sharp sector-wide selloff; Rocket Lab fell 10.8% despite upcoming Nasdaq-100 inclusion, AST SpaceMobile dropped 15.5% ahead of its June 17 satellite launch, while Planet Labs’ record revenue failed to offset broad profit-taking as investors rotated capital into SpaceX.
13 June 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 13.06.2026

LIVEMarkets rolling coverageStarted: June 13, 2026, 4:00 AM EDTUpdated: June 14, 2026, 3:59 AM EDT CDW Stock Jumps 29% Amid Undervaluation Signs in Valuation Analysis June 14, 2026, 3:50 AM EDT. CDW shares surged 29.5% over 30 days, closing at $132.19, despite a 20.9% drop over the past year. The technology solutions provider shows potential undervaluation, with a valuation score of 5 out of 6. A Discounted Cash Flow (DCF) model estimates an intrinsic value of $180.66, suggesting the stock is about 26.8% undervalued based on projected free cash flows through 2035. The stock’s recent price movement reflects shifting investor
13 June 2026
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NCR Voyix Rallies 10% After Investors Shift on Turnaround Bets

NCR Voyix Rallies 10% After Investors Shift on Turnaround Bets

NCR Voyix soared 10.25% to $7.85, far outpacing the market, as investors focus on the company’s 2026 cash-flow and earnings targets; the next key catalyst is the Q2 2026 earnings update, with stock valuation appearing low if management delivers on margin and cash-flow goals, but risks remain with declining reported revenue and high debt.
13 June 2026
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Redwire Drops After SpaceX Listing, Investors Eye Dilution

Redwire Drops After SpaceX Listing, Investors Eye Dilution

Redwire shares plunged 11.6% to $15.12 on heavy volume after announcing a $500 million at-the-market equity program, raising dilution concerns as investors rotated out of smaller space stocks amid SpaceX’s market debut; investors now face uncertainty over Redwire’s ability to convert its record $498.1 million backlog into revenue and cash flow without further share issuance.
13 June 2026
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Stock Market Today

  • Asian Stocks Set to Dip Ahead of Federal Reserve Decision; Oil Prices Hold Steady
    June 16, 2026, 7:44 PM EDT. Asian stocks are poised to end a three-day rally, following Wall Street's decline amid investor rotation out of technology shares ahead of the Federal Reserve's first policy meeting under Chairman Kevin Warsh. The move reflects cautious positioning as markets await potential shifts in U.S. monetary policy. Meanwhile, oil prices remained steady, providing stability amid the equity market fluctuations. This shift underscores investor sensitivity to central bank signals and sector rotations in volatile trading environments.

Latest articles

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

GD Culture shares drop on heavy trading and ongoing buyout uncertainty

17 June 2026
GD Culture Group plunged 73.3% to $0.028 after heavy trading, putting fresh pressure on its unresolved, non-binding $10.75-per-share buyout proposal; risks include deal uncertainty, a $300 million share-sale program, and bitcoin-driven balance sheet swings, with no new company updates released Tuesday.
UiPath drops as Maestro Case debut struggles on down day for tech

UiPath drops as Maestro Case debut struggles on down day for tech

17 June 2026
UiPath shares dropped 2.7% to $10.52 after launching Maestro Case, a new AI-native case-management tool, as investors weighed its agentic automation strategy against a crowded market and the need for proof of revenue lift, with broader tech sector weakness also pressuring the stock.
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