Markets, earnings, deals, and the macro shifts that move them. Reported for readers who already know the basics.
Apple CEO Tim Cook told the Wall Street Journal that price increases on the company's products are "unavoidable" due to a worsening global memory shortage driven by AI chip demand, signaling the supply crunch has reached even the most insulated players in consumer hardware.
Sara Montes de Oca · 137 DAYS AGO
South Korea's Kospi surged 2.8% as Samsung Electronics and SK Hynix reached all-time highs, while U.S. chip stocks including Intel and Micron powered a broad market rebound following a volatile Federal Reserve policy meeting.
Sara Montes de Oca · 138 DAYS AGO
President Trump announced on Truth Social that Apple will partner with Intel to design and build semiconductors in the U.S., sending Intel shares up as much as 8.8% in premarket trading on Thursday.
Sara Montes de Oca · 138 DAYS AGO
SpaceX shares dropped 3% in premarket trading Thursday after sliding 5% the previous session, cooling a post-IPO rally that had lifted the stock more than 40% above its $135 offering price. Meanwhile, California officials are navigating considerable uncertainty over how much tax revenue the SpaceX IPO — and expected offerings from OpenAI and Anthropic — will actually generate.
Jay Goldberg · 138 DAYS AGO
SpaceX's pending inclusion in major index funds is alarming passive investors, as the newly public company carries implied volatility nearly three times higher than the iShares bitcoin ETF and holds a $2.7 trillion market cap with no earnings.
Sara Montes de Oca · 139 DAYS AGO
Nvidia is seeking to raise at least $20 billion in corporate bonds, its first debt offering since 2021, as the chipmaker joins a wave of AI-linked tech companies tapping capital markets to fund infrastructure and shareholder returns.
Sara Montes de Oca · 141 DAYS AGO
CFTC Chair Michael Selig defended his agency's approval of perpetual futures contracts in the U.S., dismissing both concerns about retail investor risk and allegations of political influence tied to the Trump administration's ties to Kalshi.
Jay Goldberg · 141 DAYS AGO
Fox Corp. has agreed to acquire Roku for approximately $22 billion in a cash and stock deal, combining the company's Fox News, sports networks, and Tubi streamer with Roku's connected-TV platform and 100 million streaming households globally.
Jay Goldberg · 141 DAYS AGO
SpaceX shares closed at $160.95 on their Nasdaq debut, pushing the company's market cap past $2 trillion and lifting Google's roughly 4.9% stake to approximately $100 billion, even as founders Elon Musk and Larry Page remain personally estranged.
Sara Montes de Oca · 142 DAYS AGO
SpaceX's IPO on Friday created thousands of new millionaires and several billionaires, prompting Baird to flag wealth advisory firm Andersen Group as a beneficiary, while Sen. Adam Schiff criticized the wealth concentration the listing represents.
Sara Montes de Oca · 143 DAYS AGO
SpaceX's Nasdaq debut on June 12, 2026 is minting thousands of employee millionaires and igniting a fierce competition among wealth management firms to capture tens of billions of dollars in newly liquid assets.
Jay Goldberg · 144 DAYS AGO
SpaceX began trading Friday on the Nasdaq under ticker SPCX after raising $75 billion at $135 per share, valuing Elon Musk's rocket and AI company at $1.77 trillion in the largest IPO on record.
Sara Montes de Oca · 145 DAYS AGO
The Supreme Court ruled 6-3 on Thursday that private plaintiffs cannot sue under the Investment Company Act of 1940 to void fund bylaws, reversing a lower court victory for activist hedge fund Saba Capital and siding with funds affiliated with BlackRock and other asset managers.
Sara Montes de Oca · 145 DAYS AGO
Oppenheimer set a $190 price target with an outperform rating, while New Street Research issued a $165 target ahead of SpaceX's Nasdaq debut on Friday, with both firms projecting substantial gains from the $135 IPO price.
Jay Goldberg · 146 DAYS AGO
SpaceX is set to debut on the Nasdaq this Friday under the ticker "SPCX," four times oversubscribed but presenting what one veteran options trader calls the biggest hedging challenge in nearly three decades, with no publicly traded peers and options trading not beginning until June 16.
Sara Montes de Oca · 146 DAYS AGO
AI Financial Corp., formerly Alt5 Sigma, says it has "substantially mitigated" the going-concern risks flagged in May, but its stock remains at 65 cents — below Nasdaq's $1 minimum — after a 92% decline tied to its $1.5 billion bet on a Trump family-backed cryptocurrency.
Sara Montes de Oca · 146 DAYS AGO
Autonomous EV freight trucking company Einride surged as much as 90% on its Nasdaq debut Wednesday after completing a SPAC deal that valued the company at $1.35 billion, down from an original $1.8 billion target set in November.
Sara Montes de Oca · 146 DAYS AGO
Super Micro Computer shares dropped 9% in after-hours trading Tuesday after the company announced $7 billion in equity-related financing deals, even as it disclosed $39 billion in AI server orders from more than 20 customers.
Sara Montes de Oca · 147 DAYS AGO
Written for readers who already know the basics — markets, AI, and the policy decisions that shape both.