Browse Category

Stock Market 12 June 2026

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.
Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Iran War Oil Prices Drop Below $90 as Peace Deal Hopes Shake Energy Stocks

Oil prices fell sharply on Friday as hopes for a U.S.-Iran agreement pulled some of the war premium out of crude. Brent crude, the global benchmark used to price much of the world’s oil trade, was down 3.7% at $87.04 a barrel, while West Texas Intermediate, the U.S. benchmark, dropped 3.55% to $84.60, according to Reuters. Both contracts were at their lowest levels since April 17 after U.S. and Iranian officials said they were close to an agreement to halt the war in the Middle East. “The market thinks we’re closer to the deal,” Phil Flynn, senior analyst with Price Futures Group, told Reuters.
SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

SpaceX Surges Post-IPO as SPCX Hits Nasdaq 100, Price and Valuation Move

SpaceX stock blasted higher in Friday’s debut, with the SPCX ticker drawing heavy attention on Wall Street. The stock was last at $167.83 after opening at $150. That’s above the IPO price of $135. An IPO is when a company sells shares to the public for the first time. With 13.08 billion shares outstanding, according to Reuters, the price gives SpaceX a market cap near $2.2 trillion.
Rubico Shares Jump After Trillium Filing Flip Stirs RUBI Volatility

Rubico Shares Jump After Trillium Filing Flip Stirs RUBI Volatility

Rubico Inc. shares surged again on Friday, posting another big move in what’s been a wild week for the micro-cap. Traders cited a burst of ownership filings as a key driver. RUBI was recently at $0.8396, up about 35% from Thursday’s close. The stock opened at $0.7034 and hit an intraday high of $1.22. More than 200 million shares traded. Micro-caps like Rubico are known for sharp swings when volume spikes, since small demand changes can overwhelm the supply of sellers.
12 June 2026
Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital Moves Higher After AI Data Center Investment Draws Attention to CIFR

Cipher Digital Inc. shares jumped Friday, picking up after a volatile week as traders took another look at the company’s AI data center financing plans and demand for infrastructure growth names. CIFR last traded at $24.66, up $2.03 from its previous close, moving between $22.48 and $25.35 during the session, putting the company’s market cap just under $10 billion. The stock climbed as buyers stepped up to pay more on hopes for future returns, while concerns like risk, dilution, higher debt or falling sentiment can pull prices down.
Pfizer Still Trades Over $26 as RBC Lift Balances Out Drug-Pricing Concerns

Pfizer Still Trades Over $26 as RBC Lift Balances Out Drug-Pricing Concerns

Pfizer Inc. shares added 0.36% to trade around $26.27 Friday, putting its market cap at roughly $150.5 billion. The stock had climbed 2.23% Thursday, closing at $26.17, on higher-than-average volume and outperforming most major health-care names, MarketWatch said. Broader markets were higher Friday, with the SPDR S&P 500 ETF Trust up, but the Health Care Select Sector SPDR ETF was down a bit, showing Pfizer trading better than the sector in late-morning deals.
POET Technologies Stock Jumps as Legal Deadline Nears and AI Photonics Bet Faces Key Test

POET Technologies Stock Jumps as Legal Deadline Nears and AI Photonics Bet Faces Key Test

POET Technologies Inc. stock climbed sharply Friday, trading at $12.735, up $1.485, or about 13.2%, from the prior close, with volume above 17 million shares and an intraday range of $11.00 to $12.79. The move matters because POET has become a highly volatile Nasdaq-listed AI photonics name: buyers are betting that its optical-engine technology can move from development-stage promise to commercial scale, while sellers remain focused on lawsuits, order risk and dilution.
Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day

Amazon Shares Slip After $17.5 Billion AI Loan, Cash Flow Pressure Before Prime Day

Amazon.com, Inc. shares fell Friday, last trading at $237.66, off $3.85, or 1.6%. The stock moved between $233.70 and $245.20 during the session, with volume topping 20 million. The drop was notable since both the SPDR S&P 500 ETF Trust and Invesco QQQ Trust traded up, putting more attention on Amazon-specific issues than broader market moves. Stocks are usually up when investors see better earnings or less risk ahead, and head lower when there are doubts about cash flow, margins or price.
Ondas Shares Drop; Drone-Defense Story Hits Meme-Stock Doubts

Ondas Shares Drop; Drone-Defense Story Hits Meme-Stock Doubts

Ondas Inc. slipped Friday, last trading near $9.33 after starting the session at $9.79 and hitting an early high at $10.14. About 18.5 million shares changed hands so far. The Invesco QQQ Trust lost around 0.3%, and the iShares U.S. Aerospace & Defense ETF dropped 1.0%. The move in Ondas pointed to a mix of broad selling and some wariness over the stock itself. Shares tend to rally when traders bet on growth ahead—like revenue or new contracts—but can drop as worries over valuations, dilution, or losses build.
Bank of America ticks higher as market eyes trading revenue, stress test

Bank of America ticks higher as market eyes trading revenue, stress test

Bank of America Corporation shares pushed higher early Friday, with BAC up around 0.7% at $55.56. The stock opened at $55.60 and has traded from $55.14 to $55.79. The Financial Select Sector SPDR Fund added about 0.7%. Invesco KBW Bank ETF climbed roughly 1.1%. SPDR S&P 500 ETF Trust eased off, down about 0.2%. Bank stocks often trade on the outlook for earnings, capital returns and credit—not just where the overall market is headed.
Options Get Attention as Schwab’s STAX Bounces With AI Stocks

Options Get Attention as Schwab’s STAX Bounces With AI Stocks

• Schwab’s Trading Activity Index came in at 55.08 for May, up from April’s 50.10.• Retail clients kept buying, with tech getting the most attention. Trading in ETFs and options hinted at a shift to caution.• OCC reported total options volume jumped 25.3% year over year in May, showing a busy month across the options market.
Fifth Third Begins NYSE Trading After Leaving Nasdaq

Fifth Third Begins NYSE Trading After Leaving Nasdaq

Fifth Third Bancorp started trading on the NYSE Friday, wrapping up its move from the Nasdaq Global Select Market. This is a notable exchange switch for a top U.S. regional bank. The NYSE said in a pre-market note that Fifth Third was expected to start trading June 12, calling it the biggest bank transfer the exchange has seen in 234 years.
12 June 2026
Tesla Shares Slip as SpaceX’s $75 Billion IPO Shakes Up Musk Plays

Tesla Shares Slip as SpaceX’s $75 Billion IPO Shakes Up Musk Plays

Tesla shareholders woke up Friday tracking two Musk stocks: TSLA—already seeing swings after several days of pressure—and SpaceX, now heading for a Nasdaq open as “SPCX”. SpaceX is expected to draw retail buyers as it launches what will be the biggest IPO on record. Tesla last traded at $396.24, off 0.7%. Some earlier reports tied the drop to investors needing cash for the SpaceX IPO.
Momentus Stock Slides as $25 Million Share Sale Tests Space Rally

Momentus Stock Slides as $25 Million Share Sale Tests Space Rally

Momentus Inc. shares came under pressure Friday after the San Jose-based space infrastructure company announced a new $25 million registered direct offering, a sale of newly issued shares directly to selected investors under an effective registration statement. The company said it agreed to sell 1,851,852 shares of common stock to new and existing long-term institutional investors, with closing expected on or about June 15, subject to customary conditions. Momentus said the net proceeds are intended for working capital and general corporate purposes.
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
View full portfolio
Editorial model selection. Not personalised advice.