Today: 12 June 2026
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NASDAQ:STLD 6 January 2026 - 18 February 2026

BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel shares rose 2.6% to A$28.74 after confirming it is reviewing a revised A$32.35 per share cash takeover proposal from SGH and Steel Dynamics. The offer remains about 11% above the closing price, reflecting market doubts. BlueScope posted first-half net profit of A$391 million and forecast higher earnings, while the board said no action is required and there is no certainty of a deal.
BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

BlueScope Steel stock jumps 21% on A$30 takeover bid — the next catalyst investors are watching

BlueScope Steel shares jumped 20.6% to A$29.48 after SGH and Steel Dynamics made a non-binding A$30-per-share takeover offer. The proposal, received Dec. 12, is subject to due diligence, exclusivity, and other conditions. BlueScope’s board is reviewing the bid against its own valuation. The company previously rejected lower offers, citing execution risks.

Stock Market Today

  • Former SpaceX Welder Set to Become Millionaire After $75 Billion IPO
    June 12, 2026, 3:31 PM EDT. Juan Hernandez, a former SpaceX welder, is poised to become a millionaire following the company's historic $75 billion initial public offering (IPO) on Nasdaq under ticker SPCX. Hired in 2015 with $10,000 stock compensation, Hernandez now holds approximately 6,500 shares valued around $135 each, potentially worth nearly $880,000 or more based on Friday's trading. His journey from welder to supervisor highlights SpaceX's culture of employee equity, which incentivizes performance by giving workers a stake in the company. Despite his newfound wealth, Hernandez remains humble and focused on hard work and teaching his children the value of perseverance.

Latest articles

Itaú Unibanco Shares Up After Capital Move, Inflation Figures in Focus

Itaú Unibanco Shares Up After Capital Move, Inflation Figures in Focus

12 June 2026
Itaú shares outperformed a weaker Brazilian market after issuing R$3 billion in perpetual subordinated financial bills to boost capital, lifting its Tier 1 ratio by 19 basis points; investors now await Brazil’s June 16–17 central-bank rate decision following hotter-than-expected May inflation, a key risk for loan growth and credit quality.
Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

12 June 2026
Nu Holdings stock stayed flat after Nubank blamed a false liquidation notice to customers on an operational error, with shares still 36% below their 52-week high despite a $1 billion buyback; the next key catalyst is Q2 earnings in mid-August, as investors weigh strong growth and AI initiatives against rising credit losses and recent reputational risks.
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