The Nasdaq Composite experienced a sharp midday decline, shedding nearly $1 trillion in tech stocks before recovering significantly by the market close. Investors rotated into consumer staples and home improvement sectors.
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U.S. stock futures declined early Wednesday following U.S. "self-defense strikes" against Iran, in retaliation for a downed helicopter. Asian markets also opened lower.
SpaceX is poised for its public debut, aiming to raise $75 billion at a $1.75 trillion valuation, making it the largest IPO on record. The company has set its listing price at $135 per share.
Rivian has commenced deliveries of its highly anticipated R2 SUV, a model seen as pivotal for the electric vehicle manufacturer's future growth and market positioning.
SpaceX's potential Initial Public Offering is reportedly experiencing significant investor interest, with demand approaching four times the number of shares available, according to a source familiar with the matter.
Major U.S. stock indices, including the S&P 500 and Nasdaq, closed lower as an anticipated rebound in semiconductor stocks failed to materialize, contributing to a broader market downturn.
Meta is investing in a new program aimed at training workers for critical roles in its expanding data center operations and AI infrastructure. The initiative offers guaranteed job opportunities for graduates.
Major US stock indices closed lower on June 9, 2026, with the Nasdaq experiencing a significant pullback driven by a selloff in chip stocks. Geopolitical developments, including tensions with Iran, also contributed to market uncertainty.
ChatGPT-maker OpenAI has reportedly confidentially filed for an initial public offering (IPO), signaling a significant move into public markets while also expressing a desire to remain private for an extended period.
Berkshire Hathaway has agreed to acquire homebuilder Taylor Morrison in an all-cash deal valued at about $6.8 billion, the first major acquisition under Chief Executive…