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SpaceX IPO Soars 19% on June 14, Musk Becomes First Trillionaire
SpaceX IPO priced at $135/share, opened at $150, closed at $161. Company valued at $2.1 trillion post-IPO.
Tobu Railway Adds Summer Trains as June Events Draw Crowds
Tobu Railway adds temporary train service in June and July for summer events. Stock rated B+ by Meyka. 9001.T down 0.47% to ¥2,839.
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.
Airbus A350 Marks 13 Years as Airlines Expand Fleet Deployment
Airbus A350 marks 13 years in service with Japan Airlines expanding long-haul fleet deployment amid growing international travel demand.
Trump Signs $70 Billion Immigration Bill Into Law, June 13
Trump’s $70 billion Secure America Act funds immigration enforcement through 2029, allocating $38.5B to ICE and $22.6B to Border Patrol.
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.
Seven States Reject Trump’s 250th Anniversary Fair Over Cost and Politics
Seven Democratic states decline to participate in Trump’s Great American State Fair for America’s 250th anniversary, citing costs and concerns.
ComfortDelGro Dividend Yield Hits 6% as Stock Weakens, June 13
ComfortDelGro’s dividend yield exceeds 6% following share price decline, with Meyka rating the stock B and targeting S$1.52.
Virgin Galactic Crashes 31.8% as SpaceX IPO Triggers Space-Stock Selloff, June 13
Virgin Galactic (SPCE) stock fell 31.8% to $3.91 after SpaceX IPO triggered space-stock rotation and dilution concerns from debt-for-equity swap.