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Intel Surges 6% on Bank of America Double Upgrade, June 14
Bank of America upgraded Intel to buy with $135 price target, citing AI’s shift toward central processors and data center growth.
Paramount Wins DOJ Approval for $111B Warner Bros. Merger, June 14
Justice Department approves Paramount’s acquisition of Warner Bros. Discovery, combining HBO, CNN, CBS, and Paramount+ into one entertainment giant.
ComfortDelGro Stock Flat as Robotaxi Push Gains Traction, June 14
ComfortDelGro stock at S$1.29 targets China and Singapore robotaxi markets. Meyka rates it B with S$1.52 price target.
SpaceX IPO Soars 19% to $161, Musk Becomes First Trillionaire, June 14
SpaceX IPO raises record $75B at $135/share. Stock debuts at $161, up 19%. Musk becomes world’s first trillionaire.
Shell Pauses Buybacks, Pivots to Gas and Fossil Fuels, June 14
Shell pauses buybacks and sells $1B in wind assets as it pivots to Venezuelan gas. Stock rated A- by Meyka with 12-month target of $89.94.
US Invests $2B in Quantum Computing, IBM Among Key Beneficiaries, June 14
U.S. government invests $2 billion in quantum computing firms including IBM, taking ownership stakes to advance strategic technology.
Stadtwerke Kempen Builds Solar Grid Infrastructure, June 14
Stadtwerke Kempen installs power lines for solar park expansion on June 14, 2026, modernizing grid infrastructure for renewable energy.
Meta Stock Falls 0.3% as Zuckerberg Admits AI Restructuring Errors, June 14
Meta stock drops 0.3% to $566.98 as Zuckerberg admits AI restructuring mistakes. Company cut 10% workforce and reassigned 7,000 to AI roles.
SpaceX Stock Soars 19% in Record IPO Debut, Musk Becomes First Trillionaire
SpaceX IPO debuts at $160.95, raising $75 billion. Shares surge 19% on investor enthusiasm for Starlink and space ventures.