SpaceX became the sixth-largest company by market cap after its $1.8 trillion IPO valuation jumped in early trading. SpaceX’s market valuation climbed to $2.4 trillion on June 19, 2026, following its June 12 IPO, which priced the company at $1.8 trillion. The surge makes i
Eos Energy Enterprises reported a sharp revenue increase but widened net losses as it scales zinc battery production for utilities. Eos Energy Enterprises reported $114.2 million in revenue for fiscal year 2025, up from $15.6 million the prior year, driven by utility-scale
Brent crude falls to $80.07 after Iranian officials report advances in peace negotiations with the U.S. Oil prices retreated and equity markets edged lower after Iranian and U.S. negotiators reported progress in peace talks, easing fears of escalation. Brent crude futures
SK Hynix market capitalization surpasses Samsung Electronics SK Hynix challenged Samsung Electronics' long-held market-cap crown as investors continued to invest in AI-linked semiconductor stocks. Korea-listed shares of SK Hynix rose 5.7% as of 0347 GMT, lifting its m
Anthropic's annualized revenue triples to $30 billion, driving demand for AI infrastructure partners ahead of its IPO. Anthropic disclosed annualized revenue exceeding $30 billion in early 2026, roughly tripling since the end of 2025, as its Claude AI model gains traction.
S&P 500 futures slip 0.4% on Iran uncertainty US stock futures fell Sunday evening as investors weighed uncertainty over Iran. Futures linked to the S&P 500 slipped 0.4%, while contracts tied to the Nasdaq 100 lost 0.6%. Dow futures declined 0.3%. Energy markets cli
JPMorgan and Goldman Sachs warn elevated leverage and crowded AI trades could trigger sharp equity declines by quarter-end. Global hedge fund leverage has climbed to a five-year peak, with gross leverage hitting 294% in June 2025. The surge raises concerns about forced sel
CoreWeave joins the Nasdaq-100 index after its stock rises 194% since its IPO, fueled by AI-driven demand for high-performance compute. CoreWeave (CRWV) will be included in the Nasdaq-100 index starting June 22, marking a milestone for the AI infrastructure provider. The s
Grail’s multi-cancer detection test missed a key trial endpoint, pushing its stock down over 30% in 2026 amid regulatory uncertainty. Grail (NASDAQ: GRAL) reported its Galleri multi-cancer early detection test failed to meet a primary endpoint in a 142,000-person UK trial,
Analysts question SpaceX's $1.75 trillion IPO valuation, citing $20 billion revenue and no profitability against peers. SpaceX’s $1.75 trillion IPO valuation may be overstated, with analysts suggesting the company could be worth less than half that figure. The aerospace fi
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