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SpaceX IPO Prices at $135, Raising Record $75 Billion on June 12
SpaceX IPO prices at $135/share, raising $75 billion at $1.78 trillion valuation. Nasdaq debut June 12 marks largest IPO ever.
Apple Inc Shares Hold Near $295 as Touchscreen MacBook Ultra Rumors Gain Hard Supply Chain Confirmation
The touchscreen MacBook story crossed a line this week from analyst speculation into verified supply chain confirmation. Industry insider Instant Digital confirmed Apple is actively developing its first touchscreen MacBook, with Samsung Display gearing up to produce OLED panels (OLED) in two sizes: 14.3 inches and 16.3 inches, the exact dimensions that map to the…
US Strikes Three Tankers in Gulf of Oman, Kills 3 Indian Sailors, June 12
US military strikes three tankers in Gulf of Oman, killing three Indian sailors. India protests and summons US diplomat. Blockade on Iran continues.
Nikkei 225 Index Gains 3.58% Amid Pressure on SoftBank, Murata & AI-Linked Chip Stocks
The Nikkei 225 index delivered a strong session with a 3.58% gain, showing broad market strength in Japan. However, the rally was not evenly distributed. While the index surged, major names like SoftBank, Murata Manufacturing, and several AI-linked semiconductor stocks came under pressure. This mixed action tells an important story. The market is not moving…
Japan Postal Reform Law Advances: ¥65 Billion Support Package, June 12
Japan’s postal privatization law revised with 65 billion yen annual government support for rural post offices. First major update since 2012.
WestJet Faces Fuel Crisis as Transat Posts $79M Q2 Loss, June 11
Transat posts $79M Q2 loss as fuel costs surge and Cuba flights halt. Canada’s airline sector seeks government support amid fuel crisis.
U.S. Ambassador Hoekstra Signals Trump Open to CUSMA Deal, June 11
U.S. Ambassador Hoekstra says America needs Canadian potash, autos, and oil. CUSMA renewal talks intensify ahead of July 1 deadline.
Opendoor Cuts 250 India Jobs as AI Reshapes Outsourcing, June 12
Opendoor closes India operations, laying off 250 employees. CEO cites AI-driven restructuring and shift to US-based teams. Stock rated C- by Meyka.
Alibaba Stock Falls 5.37% as Hong Kong Market Slides, June 12
Alibaba (9988.HK) fell 5.37% to HK$107.40 on June 12 amid Hong Kong market weakness. Meyka rates it B+ with HK$165.45 target.