Today: 29 June 2026
SpaceX stock eyes $8 billion index hurdle as shares stumble in first week after IPO

SpaceX stock eyes $8 billion index hurdle as shares stumble in first week after IPO

SpaceX closed at $153.23, up 13.5% from its $135 IPO, as index funds prepare to buy over $8 billion of shares—about 8% of the listed float—due to forced inclusion in the Russell and Nasdaq-100, making index mechanics, not fundamentals, the key near-term driver for this $2 trillion stock with limited public float and heavy capital needs. (Reuters)

AI News Roundup – June 28, 2025

AI News Roundup – June 28, 2025

Meta hired OpenAI researcher Trapit Bansal and bought a 49% stake in Scale AI, valued at nearly $15 billion, while securing 1.1 GW of nuclear power for future AI data centers. Amazon’s stock nearly doubled in three years as AWS holds about 30% of the global cloud market. U.S. Judge Alsup ruled AI training on copyrighted books can be fair use, but Anthropic faces trial in December over alleged use of pirate copies.
June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

June 2025 AI News Roundup: Breakthroughs, Surprises, and Global Developments

OpenAI CEO Sam Altman said GPT-5 will launch in summer 2025, claiming major improvements over GPT-4. Midjourney released its first text-to-video system, Model V1, in June 2025. Meta delayed LLaMA 4 Behemoth to late 2025 due to performance issues. Google DeepMind introduced Gemini Robotics On-Device, running vision-language-action AI entirely on robots.

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ServiceNow (NYSE:NOW) stock: $9 billion Friday jump puts contract base back in focus

ServiceNow (NYSE:NOW) stock: $9 billion Friday jump puts contract base back in focus

ServiceNow (NYSE:NOW) surged 9.85% to $98.34 Friday, adding $9.1 billion in equity value—about 72% of its $12.64 billion Q1 current remaining performance obligations—as software stocks outperformed amid rotation out of AI names; the move comes ahead of a potential near-term bookings catalyst tied to price increases and legacy tier retirements, with short interest at 5.82% of float.
SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX (NASDAQ:SPCX) launch puts Sirius XM Holdings (NASDAQ:SIRI) cash flow to the test

SpaceX (SPCX) successfully launched SiriusXM’s (SIRI) SXM-11 satellite to replace aging XM-5, cutting launch risk but shifting investor focus to how quickly SXM-11 enters service; SIRI last traded at $28.35 and SPCX at $153.23, with SXM-10’s 74-day commissioning gap now the key benchmark for SIRI’s satellite fleet refresh and cash flow outlook.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 29.06.2026

LIVEMarkets rolling coverageStarted: June 29, 2026, 4:00 AM EDTUpdated: June 29, 2026, 5:52 AM EDT Neurocrine Biosciences (NBIX) Gains as Strong Earnings Forecasts Boost Stock June 29, 2026, 5:49 AM EDT. Neurocrine Biosciences (NBIX) has emerged as a robust biotech performer with strong earnings momentum driven by its flagship treatment INGREZZA, which treats movement disorders. Analysts have sharply raised earnings per share (EPS) estimates for NBIX across upcoming quarters and fiscal years, reflecting increased confidence in the stock. INGREZZA’s sales reached $2.86 billion in 2025, up 22% year-over-year, with projected growth continuing in 2026. The company also benefits from growing
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