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Tesla Stock Surges 4.59% as Elon Musk’s SpaceX IPO Sparks Investor Interest
Tesla stock gained 4.59% as investors reacted to growing excitement around Elon Musk planned SpaceX IPO. Reports suggest SpaceX could seek a valuation approaching $1.8 trillion, making it one of the biggest public offerings ever. The news has renewed interest in Musk-led companies and their future growth potential. While Tesla is not directly involved in…
Dow Jones Falls 0.16% to 50,786 as Tech Rebounds, June 09
Dow Jones fell 0.16% to 50,786 on Monday as chip stocks rebounded. S&P 500 rose 0.3%, Nasdaq climbed 0.9% amid tech recovery.
FTSE 250 Slips 0.21% to 23,012.33 on June 09
FTSE 250 drops 0.21% to 23,012.33. Seraphim Space joins index after 39% rise. Mid-cap index faces geopolitical and tech sector headwinds.
UOB Asset Management Sale to AllianzGI Could Unlock Wealth Push, June 09
AllianzGI in exclusive talks to acquire UOB Asset Management for up to S$600 million to support UOB’s wealth management expansion by 2030.
OCBC Launches Physical Gold Trading in Singapore, June 09
OCBC launches physical gold trading and custody services for institutional and private banking clients from June 10, 2026.
SpaceX IPO Set for June 12 at $135 per Share, $1.77T Valuation
SpaceX IPO launches June 12 at $135/share, raising $75B with $1.77T valuation. Trading begins on Nasdaq under ticker SPCX.
Ericsson Repurchases 2M Shares for SEK 252M in June Buyback
Ericsson repurchases 2.025M shares for SEK 252.3M during June 1-5, 2026, as part of its SEK 15B buyback program running through March 2027.
Nikkei 225 Plunges 3.85% to 64,024.6 on Tech Rout, June 08
Nikkei 225 drops 3.85% to 64,024.6 on June 8 as chip stocks fall, U.S. rate hike fears mount, and Middle East tensions spike oil prices.
MSTR Stock Falls 6.90% to $120.44 as Strategy Inc Class A Drops $8.93 Amid Market Pressure
MSTR Stock experienced a notable decline of 6.90 percent, falling to $120.44 as Strategy Inc Class A shares dropped by $8.93 during a broader wave of market pressure. The move attracted attention across the stock market, especially among investors tracking Bitcoin-linked equities and high-volatility growth names. Strategy Inc, formerly MicroStrategy, is widely known for its…