For SpaceX IPO investors, the thrill ride has been IMAX-worthy. On IPO day, SpaceX stock (SPCX) opened at $150 and climbed past $160. Another near-20% gain the following Monday saw Elon Musk’s spaceflight, satellite communications, and AI company achieve a high orbit of $192.50. By its third trading day, SpaceX surpassed Amazon to become the…
Summary The major indices took a break on Tuesday, following three days of strong returns. Perhaps more accurately, the semiconductor stocks took a break. So even with some rotation into Financials (XLF, +1.5%) and Utilities (XLU) and Industrials (XLI), which both rose +0.7%, it wasn’t enough for a fourth day of overall gains. Technology (XLK)…
Santos has appointed Kate Vidgen as an independent non-executive director, effective June 17, 2026, as the Australian energy producer continues to strengthen its board with executives experienced in energy, finance, and infrastructure. Vidgen succeeds Yasmin Allen, who retired from the board in February, and brings more than three decades of experience spanning energy, resources, infrastructure,…
Coinbase Global Inc. (NASDAQ: $COIN) is preparing to bring tokenized U.S. stocks onto its platform, expanding beyond crypto trading as exchanges race to move traditional equities onto blockchain rails. The company said the product will offer one-for-one backed tokenized stocks tied to underlying U.S. equities, allowing eligible users to own, trade, hold and redeem shares…
Bitcoin ETF – Coins In this episode of Behind the Ticker, Brad Roth, CIO of Thor Financial Technologies, talks with Mike Willis, Co-Founder and CEO of Cyber Hornet ETFs about how he became a Bitcoiner, crypto and bitcoin investing, proxy voting, the Cyber Hornet S&P 500 and Bitcoin 75/25 Strategy ETF (BBB), and more. Prefer…
Private equity dealmakers chasing software deals have found themselves running into a wall: Industry linchpins that had long been their go-to lenders for financing have gone quiet. The pullback from software lending, triggered by the threat of AI’s ability to upend businesses, spans across the private credit market, but some big managers have been particularly…
Retail dividend stocks have been getting a lot of attention lately. With tariffs, tighter margins, and a more cautious consumer weighing on the market, many investors have been moving into high-yield names for stability. These dividend-paying stocks have acted as a buffer during the recent selloff that pushed the SPDR S&P 500 ETF Trust (SPY) below…
Rackspace Technology (RXT) runs the infrastructure that many enterprises rely on when they want managed cloud services without building everything in-house. The San Antonio-based company operates across public and private cloud segments, handling the compute, storage, and security layers that sit between a business and its data. For years, that model worked. Now it is…
The International Energy Agency is predicting an oil glut coming to market in 2027, as the war in Iran looks to wind down and global demand falls. “Our first look at 2027 balances shows a significant overhang emerging next year,” the IEA wrote in its most recent monthly market report on Wednesday. “This may provide…
After Coinbase CEO Brian Armstrong called for a rethink of accredited investor laws in the United States, billionaire investor Mark Cuban replied on June 16 with a blunt line on X: “Just sell em MemeCoins Brian!” It was short, sarcastic, and very Cuban. But behind the joke sits a serious criticism of how American markets…
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