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By Sabrina Valle and Echo Wang NEW YORK, June 15 (Reuters) - Individual investors in the SpaceX IPO hoping to quickly sell their shares for a profit face stricter conditions than large funds over the

Another beneficiary of the interim U.S.-Iran peace deal: bitcoin. The cryptocurrency jumped to nearly $66,000 on Monday, touching its highest level in nearly two weeks. That helped lift shares of companies tied to crypto, including trading platforms Coinbase and Robinhood, and the bitcoin-hoarding company Strategy.

↗️ SpaceX (SPCX): Shares of Elon Musk’s rocket company jumped 6% premarket, putting the stock on track to extend the 19% gain recorded on its trading debut. ↗️ Micron Technology (MU), Super Micro Computer (SMCI), Marvell Technology (MRVL): Shares of companies tied to the AI buildout were among the biggest winners premarket as the interim deal between the U.

Robinhood is now approved to underwrite IPOs. See how this changes Robinhood's standing in the IPO market and what it means going forward.

Robinhood Markets, Inc. (HOOD) closed at $93.19 in the latest trading session, marking a +1.04% move from the prior day.

Check out the companies making headlines this week:

Citizens’ JMP Devin Ryan, Head of Financial Technology Research, argued on CNBC’s Squawk Box on June 12 that the real story of the SpaceX listing is the message it sends to every other private company sitting on the sidelines. “It’s good to be an investment banker, largest deal ever,” Ryan said, before pivoting to the ... Wall Street Analyst: SpaceX IPO Could Unleash Billions in New Public Offerings

Financial stocks rose in late Friday afternoon trading, with the NYSE Financial Index increasing 1.3

Shares of several retail brokers that offered shares of SpaceX to customers at the IPO price rose on Friday, although not as dramatically as SpaceX's more than 20% gain. Charles Schwab shares were up 3% in late afternoon trading Friday, although the company also had some non-SpaceX good news of its own that probably helped boost the stock: solid growth in new assets and brokerage accounts. Robinhood's stock gained more than 1.5%, despite the fact that the firm reported some technical issues earlier Friday due to the "record-breaking traffic."

The brokerage’s official help account posted on X that the platform saw “record-breaking traffic today.”

Investing.com -- Investors have had to assess a mix of earnings disappointments, capital raises, and shifting fortunes, with the week headlined by SpaceX's high-profile public market debut.

Investors may not have gotten as many shares of SpaceX from brokerage firms as they would have liked. There were some technical issues at Robinhood, however. A spokeswoman for Charles Schwab said that "the process went as anticipated, with an unprecedented number of clients requesting shares and all eligible clients who completed the affirmation process receiving at least a portion of their requested order."

Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 1.

Investing.com -- Robinhood experienced service disruptions on Friday as record-breaking traffic hit the platform during trading of SpaceX shares following the company’s initial public offering.

The trading platform says some customers experienced intermittent disruptions, but that those issues have resolved.

Some users reported issues with Robinhood’s platform in the half hour or so after shares of SpaceX started trading. Reports of problems with the app started climbing around 11:40 a.m. in New York and were still rising around noon, according to the website DownDetector.

(Bloomberg) -- Robinhood Markets Inc. customers faced issues during the highly anticipated first minutes of SpaceX trading on Friday.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal Is Close After Scrapping New StrikesSpaceX Shares Indicated More Than 35% Higher on Gray MarketsRoughly 5,000 outages were reported as of 11:5

Cathie Wood's firm ARK Invest sold 10 million shares of stock in 20 different companies this week, according to company records.

The growth investor sold more than 20 stocks on Thursday. At least three of those transactions don't make sense.

DAVE's 49% six-month rally, AI-driven credit quality, booming Q1 profits and discounted valuation may keep investors watching for more upside.

It seems that some retail traders angling for shares of SpaceX at the $135 IPO price were successful in their quest. Traders on a Reddit board about Fidelity, one of the five brokerages to offer investors a chance to put in requests for an allocation of SpaceX shares, shared both good and bad stories about the process. Fidelity lowered its minimum balance requirement from $500,000 for most IPOs to $2,000 to make shares more available.

A company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.

Investing.com -- SpaceX begins trading on Nasdaq today under the ticker SPCX, targeting a valuation of approximately $1.75 trillion and seeking to raise $75 billion, more than 2.5 times the previous record set by Saudi Aramco (TADAWUL:2222) in 2019. The scale alone rewrites the record books. But the more interesting argument for "unique" runs deeper than the headline number.

ARK Investment Management sold shares in Teradyne, Twist Bioscience, Iridium Communications, and Robinhood Markets, among other companies.

SpaceX makes its Nasdaq debut this Friday in the largest flotation in history, but analysts warn that a sky-high valuation, weak shareholder rights and mounting losses could leave retail investors exposed.View on euronews

The brokerage's newest business line could be a catalyst for the stock.

A new research note, authored by Artemis and North Island Ventures, said that Robinhood is evolving into a "financial super-app," especially for the younger generations.

Check out the companies making headlines yesterday:

Coinbase's agent can use x402 protocol to get access to data and APIs.

Robinhood Markets (NASDAQ: HOOD) rose as much as 8% intraday on June 10. The rally followed a cluster of developments that landed one after the other, including a share purchase, a fresh regulatory milestone, and strong monthly trading data. Even so, Cathie Wood's ARK Invest sold its ...