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SpaceX Stock Drops 8.75% After Cursor Deal, Valuation Questioned
SpaceX stock fell 8.75% after Cursor acquisition. Morningstar values it at $62; Oppenheimer targets $250. Market cap: $2.8 trillion.
XRP Faces Valuation Test at $1.28 as Tokenomics Debate Heats Up
XRP trades at $1.28 with $80B market cap. Investors debate if tokenomics make it overvalued despite XRPL adoption and new tokenized asset inflows.
Kroger Stock Falls 8% After Q1 Earnings Miss on Margin Pressure
Kroger stock fell 8% after Q1 earnings miss despite revenue beat. Gross margins compressed from diesel costs and price cuts; e-commerce profitable.
SpaceX Stock Falls 6.5% as Post-IPO Rally Cools, June 20
SpaceX stock falls 6.5% to $178.50 after post-IPO rally fizzles amid valuation concerns and profit-taking.
Temasek Invests ₹1,000 Crore in Svakarma Microfinance, June 20
Temasek invests ₹1,000 crore in Svakarma, a microfinance company serving India’s micro businesses and supporting financial inclusion.
SpaceX Stock Falls to $185 After Cursor Deal, June 19
SpaceX stock falls to $185 after Cursor acquisition. Down from $212 peak but 37% above IPO price. Morningstar fair value estimate: $62.
Jersey Mike’s Tops Chick-fil-A in Customer Satisfaction, June 19
Jersey Mike’s scores 84 out of 100 to beat Chick-fil-A’s 83 in the 2026 ACSI Restaurant Study, ending an 11-year reign as top-rated fast-food chain.
Telus Dividend Yield Hits 10% as Telecom Pressure Mounts, June 19
Telus dividend yield exceeds 10% despite 12% earnings decline. Company maintains $0.42 quarterly payout with 75% coverage ratio projected for 2026.
XRP Holds at $1.13 as $1.4 Billion ETF Inflows Meet Key $1.30 Resistance
XRP is consolidating in a tight range this June. XRP price traded near $1.13 on June 12, 2026, after dipping as low as $1.09 during the session, setting a fresh year-to-date low. Spot XRP ETF inflows have reached $1.43 billion in cumulative capital since launching in November 2025, even as the price kept declining. That…