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Latest financial news from across the markets
Daily Market Overview
Wall Street experienced a notable rally, buoyed by optimism surrounding a potential peace deal between the U.S. and Iran, which has eased concerns over rising oil prices. The spotlight was on SpaceX, which made history with a record-breaking IPO, pushing its market cap above $2 trillion amid significant investor interest despite some analysts issuing sell ratings shortly after its debut. In the tech sector, Adobe faced pressure following the departure of its CFO, leading to multiple downgrades from analysts. Meanwhile, Bitcoin's recent plunge has reignited discussions about its role in investment portfolios.
Latest Market Updates
| Title | Published |
|---|---|
Call Kevin Warsh the Fed 'chairman' Call Kevin Warsh the Fed 'chairman' | less than a minute ago |
Top House Republicanâs family investment poised to benefit from SpaceX IPO Top House Republicanâs family investment poised to benefit from SpaceX IPO | less than a minute ago |
Social Security COLA for 2027 may jump to 4.7%, one estimate finds Social Security COLA for 2027 may jump to 4.7%, one estimate finds | less than a minute ago |
SpaceX 'proxies' plunge as real deal arrives: Where traders are buying the dip SpaceX 'proxies' plunge as real deal arrives: Where traders are buying the dip | less than a minute ago |
Elon Musk becomes world's first trillionaire as SpaceX begins trading Elon Musk becomes world's first trillionaire as SpaceX begins trading | less than a minute ago |
Paramount-WBD merger wins approval from DOJ Paramount-WBD merger wins approval from DOJ | 17 minutes ago |
Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut - Reuters Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut Reuters | about 1 hour ago |
Call Kevin Warsh the Fed 'chairman'
Call Kevin Warsh the Fed 'chairman'
Top House Republicanâs family investment poised to benefit from SpaceX IPO
Top House Republicanâs family investment poised to benefit from SpaceX IPO
Social Security COLA for 2027 may jump to 4.7%, one estimate finds
Social Security COLA for 2027 may jump to 4.7%, one estimate finds
SpaceX 'proxies' plunge as real deal arrives: Where traders are buying the dip
SpaceX 'proxies' plunge as real deal arrives: Where traders are buying the dip
Elon Musk becomes world's first trillionaire as SpaceX begins trading
Elon Musk becomes world's first trillionaire as SpaceX begins trading
Paramount-WBD merger wins approval from DOJ
Paramount-WBD merger wins approval from DOJ
Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut - Reuters
Wall Street ends up on Iran war peace deal hopes, SpaceX's historic debut Reuters