Today: 15 June 2026
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NASDAQ:CHRN 11 May 2026 - 4 June 2026

ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale Shares Jump After Tesla Alum Joins AI Compute Effort

ChronoScale shares soared nearly 18% to $22.43 after appointing ex-Tesla VP Raj Jegannathan as CTO and Lawrence Lam as CPO, just a month after its Nasdaq debut following a merger with Applied Digital’s cloud business and Ekso Bionics; Applied Digital and affiliates hold about 97% of shares, giving the company a $3.21 billion equity value, while investors weigh execution risks and integration challenges.
4 June 2026
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Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

Applied Digital Just Spun Out ChronoScale: What CHRN Means for APLD Stock Now

Applied Digital’s cloud unit began trading as ChronoScale (CHRN) on Nasdaq, with Applied keeping about 97% ownership after contributing the business to EKSO Bionics and investing $15.75 million. ChronoScale opened at $15.57, while Applied Digital last traded at $41.25. Applied also secured a $300 million bridge loan led by Goldman Sachs for its North Dakota data center. The company reported Q3 revenue of $126.6 million and a net loss of $100.9 million.
11 May 2026
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Stock Market Today

  • Investors Boost Funding in Space Sector Inspired by SpaceX Success
    June 15, 2026, 1:26 AM EDT. Investors are increasing funding in the space sector, driven by SpaceX's achievements. Interest is surging in technologies like two-ton satellites, laser communications, and in-space mobility ships. These advancements attract capital as companies innovate to meet growing demands in satellite deployment and space operations. The trend reflects a broader shift towards commercial space ventures, with funding aimed at enhancing communication infrastructure and satellite capabilities.

Latest articles

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

Dow Futures Tick Up, Oil Drops After U.S.-Iran Deal, SpaceX IPO in Focus

15 June 2026
Dow, S&P 500, and Nasdaq futures rose Sunday evening after reports of a U.S.-Iran peace deal that would reopen the Strait of Hormuz, sending oil prices down over 4% as traders anticipated resumed energy shipments; SpaceX shares surged 19.2% in their Nasdaq debut, closing at $160.95 and pushing market cap above $2 trillion, while investors await confirmation of the deal and details on shipping normalization.
Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

Asia Opens June 16 as Oil Gains, BOJ and Fed Moves Loom

15 June 2026
Brent crude plunged 4.02% to $83.82 and WTI fell 4.63% to $80.95 after the U.S. and Iran reached a deal to halt the war and reopen the Strait of Hormuz, easing inflation pressure and lifting profit expectations for Asian equities, but execution risks remain with the deal’s terms incomplete and potential for oil to rebound if tensions flare. (Reuters)
Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

Fed, Oil Prices, and SpaceX Draw Attention Prior to Tuesday’s Open

15 June 2026
U.S. stocks face key risks as investors await the June 16–17 Fed meeting, with inflation at 4.2% and Brent crude at $86.80; the U.S.-Iran deal could lower oil prices and ease inflation, but uncertainty over terms and Fed policy keeps markets volatile, while SpaceX’s 19.2% Nasdaq debut signals strong demand for AI-linked growth stocks. (Reuters)
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