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LSE:MRO.L 19 February 2026

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  • SpaceX SPCX Stock Opens Above IPO Price, Eyes Options and Index Inclusion
    June 13, 2026, 9:56 AM EDT. Space Exploration Technologies Corp (SPCX) debuted on Nasdaq above its IPO price of $135, closing at $160.95, a near 19% premium. The company raised $75 billion, valuing SpaceX at $1.77 trillion initially, surging past $2 trillion market cap during trading. Investors are watching for options trading launch possibly Tuesday, which could add volatility and institutional interest, alongside potential inclusion in stock indexes. SpaceX's diverse operations include launch services, Starlink internet with 10.3 million subscribers, and a growing AI unit, supporting $18.67 billion revenue in 2025. However, net losses for 2025 reached $4.94 billion amid high AI investment. Governance concerns arise from Musk's controlling stake, holding 10 votes per Class B share versus one vote for Class A. Trading dynamics may dominate near-term stock moves.

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Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

Red Lobster chief Damola Adamolekun leans on AI, shrimp promo for turnaround

13 June 2026
Red Lobster CEO Damola Adamolekun is betting on AI for sales forecasting, food ordering, HR, and scheduling as the chain fights to recover from its 2024 bankruptcy, but despite improved same-store sales and a $60 million cash infusion, Red Lobster lost money in four of the past five quarters and 2025 sales stayed over 20% below pre-bankruptcy levels.
Roku Stock Jumps 20% on Sale Talk as Investors Watch Next Catalyst

Roku Stock Jumps 20% on Sale Talk as Investors Watch Next Catalyst

13 June 2026
Roku soared 20% to $143.66 after reports it’s exploring strategic options, including a possible sale, with Reuters noting talks with at least one U.S. media company; the stock’s rally raises valuation risk if a deal doesn’t materialize, while index inclusion on June 22 may drive short-term demand.
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