Market news
Crypto, stocks, forex and macro, aggregated for traders.
S&P 500 Elliott Wave Analysis Flags Large Decline Ahead
An Elliott Wave and market breadth analysis from June 3 suggests the S&P 500 is poised for a major downturn, citing bearish signals despite the index trading near 7,570 at the time.
Dow Jones Rises 0.6% to Near 51,200, Outperforms Nasdaq
The Dow Jones Industrial Average climbed 0.6% to around 51,200 on Friday, outperforming other major US indices as the Nasdaq Composite declined.
SpaceX Stock Surges 30%, Market Cap Reaches $2.3 Trillion
SpaceX stock ($SPCX) surged over 30% to a fresh record high, giving it a market capitalization of $2.3 trillion and making it the 6th largest public company in the world.
SpaceX Rises 24% in IPO Debut
Space Exploration Technologies (SPCX) shares surged 24% shortly after the start of its first trading day on Friday.
SpaceX IPO Sees $26B in Shares Traded in First 15 Minutes
The SpaceX IPO ($SPCX) recorded 160 million shares traded in its opening 15 minutes, equivalent to roughly $26 billion in volume. Average trading velocity reached $1.7 billion per minute.
SpaceX IPO Trading Tips: Avoid Market Orders, Know Flipping Policies
Traders are advised to use limit orders and avoid market orders during the SpaceX IPO debut due to extreme volatility. The post also details flipping policies at major brokerages like Fidelity, Robinhood, and ETrade.
SpaceX Shares Indicated to Open at $151, 12% Above IPO Price
SpaceX (SPCX) shares are indicated to open at $151, 12% above the IPO price of $135, according to trading indications.
Nasdaq Delays Start of SpaceX Share Trading for Orderly Pricing
The Nasdaq announced it needs a few more hours before SpaceX shares (ticker SPCX) can begin trading, citing the need for an orderly IPO and establishing the right price.
SpaceX IPO Trading Expected Within 60 Minutes, First Indications at $175
SpaceX’s IPO first indications came in at $175 per share, a 30% premium over the $135 IPO price. Trading is expected to begin within the next hour after Nasdaq completes its price-discovery auction.
SpaceX Set for Largest IPO in History, Musk Says
Elon Musk reveals he gave SpaceX less than a 10% chance of succeeding at launch. Today, the company is preparing the largest IPO in history, 2.5 times bigger than the previous record.
SpaceX IPO Indications at $175/Share, 30% Above Offer Price
First indications for SpaceX's IPO price shares at $175, a 30% premium over the $135 offer price. Total demand has reached $350 billion, with $250 billion from institutional investors.
SpaceX IPO Draws Over $250B in Institutional Orders, $350B Total Demand
SpaceX's upcoming IPO has reportedly attracted over $250 billion in institutional orders and more than $350 billion in total demand, with 70% of the institutional book allocated to long-only funds and sovereign wealth funds, and 20% of shares set aside for retail investors.
SpaceX IPO Catalysts: What Traders Should Watch After June 12 Launch
The real trading story for SpaceX begins after its June 12 IPO, as the gap between narrative and fundamental delivery starts to close with each subsequent event.
DAX Correction Deepens as Elliott Wave Signals More Downside
The DAX index faces deepening losses as it tests the support line of its impulsive channel from March lows. Elliott wave analysis suggests the current decline may be a leading diagonal, pointing to further downside.
BNY's Bob Savage Highlights Declining Cash, Elevated Valuations, Record IPO in U.S. Equities
BNY's Bob Savage analyzes U.S. equities using iFlow data, pointing to declining institutional cash balances, elevated valuations, and record IPO issuance.
SpaceX IPO Raises $75 Billion, Valued at $1.77 Trillion
SpaceX's long-awaited IPO has been a massive success, raising $75 billion and valuing the company at $1.77 trillion, making it the seventh-largest US firm.
Lennar Q2 FY26 Earnings: Revenue Miss and Weak Guidance
Lennar reported Q2 FY26 revenue of $7.9B, missing the $8.02B estimate. Adjusted EPS was in line at $1.24, but Q3 deliveries and new orders guidance fell short, signaling soft demand.
Adobe Q2 FY26 earnings beat across all metrics; CFO departing June 15
Adobe reported Q2 FY26 revenue of $6.62B and adjusted EPS of $5.96, both surpassing estimates. The company also issued strong Q3 guidance and announced CFO Dan Durn will leave on June 15.
Dow Jones Steadies After Hot PPI Data
After a sharp drop on Wednesday, the Dow Jones Industrial Average stabilized on Thursday despite hotter-than-expected Producer Price Index data.
BlackRock Orders $5B in SpaceX Shares
BlackRock has submitted an order to purchase at least $5 billion worth of SpaceX shares, according to sources familiar with the matter, with other large asset managers placing similarly sizable orders.
FTSE 100 Rebounds as Markets Bet on US-Iran Deal
The FTSE 100 staged an impressive rebound as stock markets and oil traders continue to bet on a US-Iran deal despite escalating rhetoric from Washington, according to Chris Beauchamp, Chief Market Analyst at an online trading platform.
SpaceX IPO Valuation Gap Nears $1 Trillion
Two rational traders studying the same SpaceX IPO prospectus arrived at valuations nearly $1 trillion apart, highlighting the extreme uncertainty in the company's market worth.
NEURA Robotics Raises Up to $1.4B in Series C from Tether, Nvidia, Amazon, Qualcomm
German robotics firm NEURA Robotics secured up to $1.4 billion in Series C funding from investors including Tether, Nvidia, Amazon, and Qualcomm. The funds will support development of its 'physical AI' platform and mass production of humanoid robots.
US Stock Futures Rise on Reports of End to Iran Strikes
Dow, S&P 500, and Nasdaq 100 futures advanced during European hours Thursday following reports that US military operations against Iran have concluded.