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Wealthsimple Opens IPO Access to Retail Investors, SpaceX Joins June 04
Wealthsimple IPO Access lets Canadian retail investors request shares in select IPOs at offering price with no minimum order or fees.
Pentagon Loan to Trump Jr.-Linked Startup Faces Congressional Scrutiny, June 05
Democrats demand White House explanation for $620M Pentagon loan to Vulcan Elements, backed by Trump Jr.’s 1789 Capital venture firm.
Singapore Clarifies Retrenchment Rules After H&M Restructuring, June 05
Singapore’s MOM and NTUC clarify that workers are retrenched if their Singapore role becomes redundant, even if they apply for overseas positions.
Anthropic Files for IPO at $965B Valuation, Surpasses OpenAI
Anthropic files for IPO at $965B valuation with Morgan Stanley and Goldman Sachs leading. Listing expected as early as October 2026.
Bitcoin Slides 13% in Worst Week Since February, June 04
Bitcoin drops 13% in worst week since February as ETF outflows extend to 13 consecutive days. Over 50% of BTC supply now in unrealized losses.
Seven-Eleven Japan’s Fried Food Sale Sells Out Fast, Stock Holds Steady June 05
Seven-Eleven Japan’s half-price fried food sale sold out at many stores June 3-6. Stock fell 1.3% to ¥3,456.
FUBO Stock Falls 6.2% to $10.06 as Earnings Loom, June 04
FUBO stock fell 6.2% to $10.06 on June 04. Meyka rates it a C with a sell recommendation and $5.94 price target.
RTX Wins $516M Navy Radar Contract, Expands Hiring June 05
RTX wins $516M Navy contract for SPY-6 radar. Stock rises 2.2% as defense spending accelerates and workforce expands.
Activist Nomura Acquires 1.86% of TV Asahi, June 05
Activist investor Nomura Ayako acquires 1.86% stake in TV Asahi Holdings on June 4, becoming 8th largest shareholder. Stock rises 4.6%.