Today: 5 June 2026
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NASDAQ:SCGF 5 June 2026

Stock Market Today

  • SpaceX IPO Set to Challenge US Stock Market Rally Amid Inflation Fears
    June 5, 2026, 5:27 PM EDT. The highly anticipated SpaceX initial public offering (IPO) is expected next week, aiming to raise $75 billion at a valuation of $1.75 trillion. This blockbuster IPO, the largest ever, coincides with a cautious U.S. stock market facing inflation concerns and potential Federal Reserve interest rate hikes. The S&P 500 fell after nine weeks of gains, pressured by strong jobs data and a semiconductor selloff. SpaceX's diverse business spans rockets, satellite communications, and AI computing. Despite a $4.94 billion net loss in 2025, revenues rose 33% to $18.67 billion. Market watchers see the IPO as a key litmus test for investor appetite amid geopolitical tensions and the growing AI sector, with more mega IPOs from AI firms Anthropic and OpenAI expected to follow.

Latest articles

Scage Future Stock Almost Triples After Multiple Trading Halts

Scage Future Stock Almost Triples After Multiple Trading Halts

5 June 2026
Scage Future ADSs soared 194.58% to $0.8431 on record volume and two volatility pauses, defying a 4.18% Nasdaq plunge, but slid 19.71% after hours as the company flagged ongoing losses, going-concern doubts, and warned that future fundraising could dilute shareholders.
Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

5 June 2026
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after strong U.S. jobs data dashed hopes for easier Fed policy, sending Treasury yields higher and pressuring gold miners; trading volume jumped, and Newmont now sits about 26% below its 52-week high, with rising costs and lower Q2 output flagged by management.
Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

5 June 2026
Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

5 June 2026
A blowout May jobs report sent the Dow plunging 1.3% to 50,880 and the Nasdaq nearly 4% as investors braced for tighter Fed policy, with chip stocks like Nvidia, Broadcom, and Micron leading an 8% drop in the semiconductor index, erasing hopes for rate cuts and triggering a broad tech selloff.
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