Today: 16 June 2026
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NSE:BANDHANBNK 3 December 2025 - 22 January 2026

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  • SpaceX Surges as It Becomes 4th Most Valuable U.S. Company Post-IPO
    June 16, 2026, 3:49 PM EDT. SpaceX's post-IPO rally continues as it acquires AI coding firm Cursor, boosting its profile. The acquisition highlights SpaceX's expansion into artificial intelligence, aligning with its growth strategy. This move cements SpaceX as the fourth most valuable U.S. company, a significant leap for the aerospace and tech firm. Host Charles Payne of FOX Business calls it "perhaps the most exciting IPO story ever witnessed," reflecting strong investor confidence. The firm's valuation surge follows its debut on public markets, showing robust demand despite a challenging IPO climate. SpaceX's entry into AI marks a strategic diversification beyond space exploration, drawing increased market attention.

Latest articles

AT&T Shares Drift Near 52-Week Low as Debt, Dividend and Earnings Stay in View

AT&T Shares Drift Near 52-Week Low as Debt, Dividend and Earnings Stay in View

16 June 2026
AT&T shares slid 1.5% to $22.95 Tuesday, nearing a 52-week low, as investors weighed debt, capital spending, and telecom competition ahead of the July 22 earnings release, with focus on free cash flow, fiber growth, and dividend confidence; the stock’s low P/E and 4.9% yield attract income investors, but high debt and sector risks keep caution elevated.
Warsh holds rates steady at first Fed meeting, Iran deal eases oil risk

Warsh holds rates steady at first Fed meeting, Iran deal eases oil risk

16 June 2026
Fed expected to hold rates at 3.50%–3.75% as new Chair Kevin Warsh leads his first meeting, with markets focused on whether he will submit his own rate forecast; most policymakers now signal no cuts through 2026, UBS delays rate cut forecast to 2027, and traders price in a 42% chance of a December hike, following oil’s 5% drop after a U.S.-Iran interim deal.
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