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Goldman Sachs Rises 2.6% on AI Boom, SpaceX IPO Signals Market Strength
Goldman Sachs stock rises 2.6% as SpaceX’s record $75B IPO and AI infrastructure boom boost investment banking fees and capital markets activity.
S&P 500 Rises 0.5% as Inflation Spike Threatens Rate Hikes, June 13
S&P 500 rises 0.5% as inflation hits 4.2% and rate hikes loom. Oil volatile on Iran peace talks; tech faces valuation pressure.
India Caps Diesel Sales at 200L, Bars Bulk Buyers From Pumps June 13
India restricts bulk fuel purchases at retail pumps for 90 days, capping diesel sales at 200 litres daily per customer to prevent hoarding.
SpaceX IPO Soars 19% to $161; Leveraged ETF Launch Delayed to Monday, June 13
SpaceX stock surges 19% to $161 on IPO debut Friday. Leveraged ETFs pushed to Monday over SEC concerns. Company valued at $2.1 trillion.
DAX Index Rises 0.23% on Iran Peace Deal Hopes, June 13
DAX rises 0.23% on Iran ceasefire hopes as oil falls below $90. Germany’s 2026 growth forecast cut to 0.5% amid geopolitical risks.
Bitcoin USD Bounces 0.59% as SpaceX IPO Reshapes Market Liquidity
Bitcoin USD trades at $63,836 with 0.59% daily gain amid SpaceX’s record $75B IPO and regulatory shifts in crypto markets.
SpaceX IPO Soars 19% to $161 on Record $75B Debut, June 13
SpaceX IPO closes at $161, up 19% on $75B debut. Stock values company at $1.77 trillion, making it one of the 10 largest US companies.
XRP USD Falls 1.01% Daily: XRPUSD at $1.1352
XRP USD drops 1.01% to $1.1352. RSI at 35.4 signals oversold conditions. Technical analysis and price forecast inside.
Carl’s Jr. Franchisee Closes 10 Restaurants, Sells 49 After Bankruptcy, June 13
Carl’s Jr. franchisee files Chapter 11 bankruptcy, plans to close 10 locations and sell 49 others in California amid rising labor costs.