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BlackRock Commits $5 Billion to SpaceX $75 Billion IPO

SpaceX secures record investor demand ahead of its $75 billion public offering, signaling strong market appetite. BlackRock has placed an order for at least $5 billion in SpaceX shares as the company prepares its $75 billion initial public offering. The move marks one of t

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

FTEC Outperforms IYW on Cost and Dividends With Similar Returns

FTEC offers a lower expense ratio and higher dividend yield than IYW while delivering nearly identical one-year performance. The Fidelity MSCI Information Technology Index ETF (FTEC) undercuts the iShares U.S. Technology ETF (IYW) on fees, charging 0.08% versus IYW’s 0.38%

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Leveraged Etfs Do Work. This One Turned $10K into $3.64m in 16 Years

Quick Read - TQQQ turned $10,000 into $3.64 million over 16 years, but a sustained tech rally, suppressed volatility, and fast drawdown recoveries were all required. - QQQ returned 1,500% over the same period, but TQQQ's recent 12% five-day plunge against QQQ's 4% slip proves...<

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

US Households Near Retirement Hold Median Savings of $185,000

Median retirement savings for Americans aged 55-64 fall short of projected needs, with annual spending gaps exceeding $3,000 monthly. The median retirement savings for US households with members aged 55 to 64 stands at $185,000, according to Federal Reserve data. This amou

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Nvidia Breaks Below $200, Approaches Bear Market Territory. How Much Further Can It Fall?

Quick Read - Nvidia has dropped roughly 15% from its $236 all-time high, sitting just 5% away from official bear market territory at $189. - The SpaceX IPO is pulling capital from winning stocks, yet Nvidia trades at 23x forward earnings versus AMD's 64x and Broadcom's 32x. -...<

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Shoe Carnival’s New Company Name is Now Official Despite Slowdown of Store Conversions

Shoe Carnival's company name change is official. On Thursday, the Fort Mills, S.C.- based shoe retailer said it received shareholder approval to change its name from Shoe Carnival, Inc. to Shoe Station Group, Inc., effective June 12 More from WWD In connection with

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Microsoft Stock is Trailing the Market in 2026. Here’s Why It’s a Screaming Buy Right Now.

Not long ago, Microsoft (NASDAQ: MSFT) was viewed as one of the top artificial intelligence (AI) stock picks. Few doubted the company's ability to thrive, and nothing fundamental about its position in the tech world has really changed over the past year However, the

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Netflix is Down 12% in 2026, While Roku is up 11%. Which Streaming Stock is the Better Buy in June?

There's a divergence happening within the world of streaming entertainment. Netflix (NASDAQ: NFLX), the pioneer in the industry, has seen its share price fall 12% in 2026 (as of June 10) Roku (NASDAQ: ROKU), on the other hand, is up 11% this year. These companies ha

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

Oracle’s 20% Plunge Proves What Micron Knew All Along: AI Demand is About to Collapse

Quick Read - Oracle stock has been plunging due to Wall Street souring on excessive spending - On the other hand, Micron is not leaning into the euphoria and is taking conservative steps - These stocks are moving in opposite directions, and it says a lot about where the market...

  • mohammad501ps@gmail.com
  • June 11, 2026
  • stocks

The Spacex IPO Could Trigger a $50 Billion Spending Spree. These Stocks Will Benefit.

When SpaceX (NASDAQ: SPCX) filed its S-1 prospectus on May 20, 2026, targeting up to $75 billion in fresh capital at a $1.75 trillion valuation, most of the attention went to Elon Musk, Starlink's subscriber growth, and whether any IPO in history has ever been this hyped.

  • mohammad501ps@gmail.com
  • June 11, 2026
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