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Stock Market 12 June 2026

137 Ventures’ Stake Nears $20 Billion as SpaceX IPO Arrives

137 Ventures’ Stake Nears $20 Billion as SpaceX IPO Arrives

SpaceX made its public debut Friday, turning from one of Silicon Valley's most-watched private names into a $2 trillion-plus public company and handing early investors a big windfall. The stock priced at $135, raising $75 billion, according to the Associated Press. That tops the record set by Saudi Aramco in 2019 for largest IPO. Shares started at $150, climbed to about $168, and closed just above $161. SpaceX's market cap finished at roughly $2.1 trillion.
12 June 2026
Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow closes up as Iran deal hopes and lower oil prices draw focus

Dow Jones closed up on Friday, with the index gaining 353.42 points, or 0.71%, to finish at 51,208.20, according to Reuters’ preliminary figures. The move capped a rebound week for Wall Street as investors bought back into cyclical and financial names. S&P 500 added 0.51%, Nasdaq Composite rose 0.30%.
SPX Technologies Stock Falls as Investors Weigh Data-Center Growth Against a Rich Valuation

SPX Technologies Stock Falls as Investors Weigh Data-Center Growth Against a Rich Valuation

SPX Technologies, Inc. shares fell Friday afternoon, putting fresh pressure on a stock that has been priced for continued growth in HVAC and detection-and-measurement markets. The NYSE-listed stock was recently at $223.22, down about 4.4% from its previous close, with volume above 1 million shares and a market value of roughly $11.28 billion. The decline stood out against a firmer U.S. market backdrop, with major indexes rising Friday as oil prices eased.
12 June 2026
Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

Nu Holdings Shares Unchanged as Nubank Addresses False Liquidation Alert

Nu Holdings Ltd. shares changed hands at $12.12 late Friday in New York, up 0.41%. Investors have been watching Nubank, run by Nu Holdings, after a customer-notification incident this week. The stock swung from $12.02 to $12.29 during the day, according to Google Finance. Market cap sits near $58.9 billion. Trailing P/E is 18.68. The P/E ratio is the price divided by EPS for the last year.
FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

FreeCast Rallies on DIRECTV Deal, But Risks Remain for CAST

FreeCast, Inc. shot up as much as 147% Friday, with shares last at $1.59. The stock saw heavy action in a range from $0.5452 to $1.93, and close to 148 million shares changed hands. The rally came a day after FreeCast said it can offer DIRECTV services through its direct-to-consumer residential business and its Platform-as-a-Service ecosystem. PaaS is software infrastructure sold to other brands. Benzinga said Friday’s jump was tied to investor reaction to the DIRECTV move.
Cuprina jumps after Nasdaq compliance update, but risks remain

Cuprina jumps after Nasdaq compliance update, but risks remain

Cuprina Holdings Limited shares jumped Friday after the biomedical firm said it is back in line with Nasdaq Capital Market rules, easing delisting worries. The Singapore-based company’s Nasdaq-listed stock was recently at $4.20, up roughly 74% from the previous close, and traded between $2.33 and $7.91 in heavy volume, with about 79.3 million shares changing hands.
NuScale Power Stock Rebounds Near $10 as Investors Weigh SMR Promise Against Dilution Risk

NuScale Power Stock Rebounds Near $10 as Investors Weigh SMR Promise Against Dilution Risk

NuScale Power Corporation’s SMR shares bounced Friday, recently trading at $10.00, up 4.5% from the prior close, with a market value of about $3.19 billion. The rebound matters because the stock has been trying to stabilize after a sharp 2026 selloff: a Zacks report syndicated by TradingView said Thursday that NuScale had fallen 23% over the past month and 34.5% year to date, reflecting investor concern over timing, dilution and limited current revenue.
12 June 2026
Rigetti Computing Stock Climbs After $40 Target, But Quantum Valuation Risks Remain

Rigetti Computing Stock Climbs After $40 Target, But Quantum Valuation Risks Remain

Rigetti Computing, Inc. shares were up in Friday trading, with Nasdaq-listed RGTI recently changing hands at $21.27, up $0.64 from the prior close, after touching an intraday high of $21.945 on volume of about 23.9 million shares. The move kept the quantum-computing stock in focus after a fresh analyst update and renewed interest in companies seen as potential beneficiaries of government-backed quantum research spending.
ANZ up after RBA decision and New Zealand CEO shift bring attention

ANZ up after RBA decision and New Zealand CEO shift bring attention

ANZ Group Holdings rose Friday, finishing at A$34.17, up A$0.34 or 1.01%. Shares traded from A$34.10 to A$34.68 during the session. The S&P/ASX 200 jumped around 2% as risk appetite picked up, lifting both banks and miners. Bank stocks like ANZ have stayed sensitive to where rates are headed, credit risks, and any read on earnings holding up against weaker growth.
12 June 2026
Figma Shares Drop Again Despite AI Growth

Figma Shares Drop Again Despite AI Growth

• Figma shares traded near $18.12 in early afternoon New York, sliding further after several days of losses.• That comes even after Figma’s last quarter, which saw revenue up 46%, and the company lifted its full-year forecast.• Investors continue to watch Figma’s push to make money from AI, while valuation, losses, and AI rivals weigh on the stock.
Tesla Draws Attention as Traders Raise SpaceX Merger Bets on Record IPO

Tesla Draws Attention as Traders Raise SpaceX Merger Bets on Record IPO

Some traders are betting again that Elon Musk could put Tesla and SpaceX together, after SpaceX’s public listing gave the idea more traction. On Kalshi, a prediction market, the odds for a merger deal happening before March 1, 2027 are trading at 36%. That rises to 40% before April 1 and 54% before May 1. To settle, Kalshi says there must be a definitive, binding agreement announced in official company statements—rumors or early talks do not qualify.
AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 STRONG BUY

Xylem

NYSE: XYL 95 / 100
#2 BUY

AerCap

NYSE: AER 93 / 100
#3 BUY ON WEAKNESS

Visa

NYSE: V 90 / 100
#4 TACTICAL BUY

Chevron

NYSE: CVX 87 / 100
#5 ACCUMULATE

UPS

NYSE: UPS 84 / 100
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Editorial model selection. Not personalised advice.