Today: 9 June 2026
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NYSE:BK 16 October 2025 - 17 May 2026

SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX IPO: BlackRock Talks, 5-for-1 Split Hint at $1.75 Trillion Deal

SpaceX plans to debut on Nasdaq as early as June 12 under the ticker SPCX, targeting about $75 billion in proceeds at a $1.75 trillion valuation. Shareholders approved a 5-for-1 stock split, with processing expected by May 22. BlackRock has discussed a possible $5 billion to $10 billion investment, though no agreement is final. SpaceX aims to release its prospectus as early as Wednesday.
Oil Prices Today: Brent Jumps Toward $96 as U.S.-Iran Ceasefire Wobbles

Oil Prices Today: Brent Jumps Toward $96 as U.S.-Iran Ceasefire Wobbles

Oil prices surged over 6% Monday after the U.S. seized an Iranian cargo ship, raising fears over the Hormuz Strait’s security. Brent crude climbed to $95.9 a barrel, while at least two merchant ships reported gunfire during passage. More than 20 vessels crossed Hormuz Saturday, the busiest day since March 1. Iran and China called for restraint, but 10–11 million barrels per day remain offline.
Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood joined a $45 million Series B extension for crypto trading tech firm Talos, raising Talos’s total Series B funding to $150 million and valuing the company at about $1.5 billion. Talos said stablecoins were used to settle part of the transaction. The firm reported nearly doubling revenue and client numbers annually for the past two years.
USD Coin (USDC-USD) Price Today and Forecast: USDC Holds Near $1 as New U.S. Rules, Visa Settlement, and Bank Adoption Reshape 2026 Outlook

USD Coin (USDC-USD) Price Today and Forecast: USDC Holds Near $1 as New U.S. Rules, Visa Settlement, and Bank Adoption Reshape 2026 Outlook

USDC traded at $0.9998 to $1.00 on December 18, 2025, with market cap near $77.8 billion and supply around 78 billion. Visa announced U.S. partners can now settle transactions in USDC. The stablecoin’s peg remains steady, backed by liquid reserves and arbitrage. Regulatory moves and payment network integration are driving industry attention.
Agentic AI Hits an Inflection Point: Enterprise ROI, Software Winners and New Risks – November 14, 2025

Agentic AI Hits an Inflection Point: Enterprise ROI, Software Winners and New Risks – November 14, 2025

On November 14, 2025, companies including BNY and Walmart reported measurable returns from deploying agentic AI, according to new research and industry deals. Major vendors such as Cisco and Salesforce announced products built around autonomous AI agents, while analysts warned of rising risks and the need for new security and oversight measures.

Stock Market Today

  • Why Steris (STE) Ranks as a Top Momentum Stock for Long-Term Investors
    June 9, 2026, 11:29 AM EDT. Steris (STE) stands out as a top momentum stock, supported by Zacks Premium's stock rating system that evaluates value, growth, and momentum through Style Scores. The Momentum Score highlights stocks with favorable price trends, utilizing short-term price changes and earnings estimates. Combined in the VGM Score, it helps investors identify companies with strong value, growth, and momentum potential. Zacks Rank #1 (Strong Buy) stocks, like Steris, have historically delivered an average annual return of +23.75% since 1988, significantly outperforming the S&P 500. This comprehensive framework empowers investors to build confident, successful portfolios by targeting momentum-driven stocks with strong growth prospects.

Latest articles

AEP’s $78 Billion Grid Plan Spurs Data Center Hopes

AEP’s $78 Billion Grid Plan Spurs Data Center Hopes

9 June 2026
AEP lifted its five-year capital plan to $78 billion after signing 7 gigawatts of new large-energy project agreements, with 90% of 63 gigawatts of expected incremental load by 2030 tied to data centers; shares recently traded at $127.27, up 26.9% over 52 weeks, with analysts’ mean price target at $142.76, as investors weigh execution risks and a new data-center rate structure.
Dow climbs in New York, but gains may stall

Dow climbs in New York, but gains may stall

9 June 2026
Dow jumps 154.87 points as tech rebounds and oil prices drop, with chipmakers like Intel and Broadcom up sharply; investors brace for Wednesday’s key inflation data and next week’s Fed meeting, which could sway rate expectations and market direction.
U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Dow Up While Nasdaq Dips; AI Rally Meets Inflation Data

9 June 2026
Nuvalent soared after GSK agreed to buy the cancer drug developer for $10.6 billion in cash, valuing shares at $124—a 40% premium to Monday’s close—while investors awaited Wednesday’s key inflation data that could impact market direction and tech stock stability.
Smart Logistics Jumps 159% Before Nasdaq Halt

Smart Logistics Jumps 159% Before Nasdaq Halt

9 June 2026
Smart Logistics Global soared 158.75% to $1.33 before a Nasdaq volatility pause, putting the stock above the $1 minimum bid-price needed for compliance after months below the threshold; the company must now close at or above $1 for 10 straight business days to avoid further Nasdaq action, with no new company news driving the surge.
Reddit Shares Pop After Wall Street Sees the Right Ad Signal

Reddit Shares Pop After Wall Street Sees the Right Ad Signal

9 June 2026
Reddit shares surged 6.6% to $182.44 after Cleveland Research and Piper Sandler cited stronger ad demand and raised revenue forecasts, with Cleveland noting 45% of advertisers beat ROI targets in Q2 and Reddit taking ad share from rivals, but risks remain around user growth, AI search traffic, and high valuation.
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