Today: 12 June 2026
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NASDAQ:QTEX 22 May 2026 - 23 May 2026

Firefly Climbs as SpaceX IPO Buzz Lifts Space Stocks

Firefly Climbs as SpaceX IPO Buzz Lifts Space Stocks

QTREX Quantum shares jumped 172% to $0.8240 Friday after the company said it is in advanced talks with an unnamed top-five global quantum computing firm. The stock hit $1.06 intraday, with volume at 619.8 million shares. QTREX was not among companies named for recent U.S. CHIPS Act incentives. The company recently rebranded and began trading under the QTEX ticker.
22 May 2026

Stock Market Today

  • Sea (SE) Stock: Strong Q4 Growth Sparks Valuation Debate Amid Long-Term Expansion
    June 12, 2026, 4:51 AM EDT. Sea (SE) reported 38% revenue growth in Q4 2025, driven by reinvestment in its commerce and fintech businesses. The stock rose 3.94% post-report but remains down 10.76% over 30 days and 44.58% over one year, reflecting recent volatility despite a 36.3% gain over three years. Trading at $85.69, below analyst targets, Sea is regarded as 38.9% undervalued against a $140.14 fair value estimate. The rise of cashless economies supports fintech growth, boosting loan volumes and margins. However, Sea's P/E ratio of 32.7 times, above industry averages, suggests cautious sentiment amid competitive risks. The market debate continues over whether current prices reflect a buying opportunity or fully priced future growth.

Latest articles

Intel Shares Face Early Test After Google-Driven Spike

Intel Shares Surge 9% After BofA Double Upgrade on AI Chip Momentum

12 June 2026
Intel soared 9.27% to $116.96 after Bank of America upgraded the stock to Buy from Underperform and hiked its price target to $135, citing higher confidence in Intel’s AI and foundry prospects and a sharply increased server CPU market estimate; the rally followed reports Google ordered over 3 million chips from Intel and came amid a 7.9% surge in the PHLX Semiconductor Index.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 12.06.2026

12 June 2026
Elon Musk is set to become the world’s first trillionaire after SpaceX’s Nasdaq IPO launches with a $1.77 trillion valuation, boosting his wealth to over $1 trillion and marking a new era in wealth concentration as his fortune surpasses 3% of U.S. GDP.
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