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Wall Street snapped a three-day losing streak on Thursday, but the rally lost steam by midday. Hot inflation data and Middle East tensions are keeping investors cautious ahead of SpaceX's historic IPO.

I keep buying Johnson & Johnson (NYSE:JNJ) because the market keeps handing me a discount on a company that refuses to act like the slow, sleepy legacy name Wall Street wants to price it as. The Fed will say what it says this month. The headlines will do what headlines do. I am still hitting ... The Fed Is Poised to Shake Wall Street This Month: Here Is the 1 Dirt-Cheap Stock I’m Loading Up on Anyway

Tesla stock rose early Thursday after the order book for SpaceX’s massive IPO closed. Tesla stock was up 0.8% at $384.74 on Thursday, while the and were up 0.2% and 0.6%, respectively. Coming into Thursday trading, shares were down almost 10% over the past week, leaving investors wondering if Tesla investors were selling stock to fund purchases of SpaceX shares, which are expected to begin trading on Friday.

Seventeen years after Google hatched a secret project to build self-driving cars, the robotaxi service born from it will start running TV commercials nationwide as it aims to calm concerns about its technology and stand out in an increasingly crowded field. The first national ad campaign for Waymo is scheduled to begin running Friday during coverage of the FIFA World Cup on Fox, in a match pitting Team USA against Paraguay. The commercials aim to ease fears surrounding self-driving cars, with a gentle reminder of how human drivers can be flawed, but their focus is more on people riding in Waymos than the technology itself.

Quantum Space says SPACs aren't dead as it seeks a $1.2 billion deal to build military spacecraft.

By Jonathan Stempel NEW YORK, June 11 (Reuters) - Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and

Google's parent company made strategic investments in both innovative enterprises.

Wages get taxed before they hit your account, raises rarely keep pace with shelter and grocery inflation, and a single layoff cycle can erase years of careful budgeting. Passive income from dividends sidesteps all of that. The cash arrives whether the market is green or red, whether you are at your desk or asleep, and ... Want $1,000 a Month in Dividends? Here’s How Much of This Stock You’d Need

Indications are that demand is heavy, with institutions reportedly seeking billions worth of the stock.

Retail investors are liquidating some of the biggest winners in the AI trade to raise cash for Friday’s SpaceX (SPCX) IPO, and the selling pressure is landing hardest on semiconductors. MU stock is moving. See the chart and price action here. Data from Vanda Research shows individual investors net sold equities for three consecutive days through Wednesday — the first such stretch since March 2020, according to CNBC. On Monday alone, retail pulled the most capital from individual stocks since Nov

The biggest IPO in history will be too hot to handle.

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 ...

Every investor keeps a short mental list of things that are supposed to work no matter what. Stocks for growth. Bonds for income. And one ancient asset for the moments when everything else falls apart. For the past two years, that last category did far more than protect wealth. It minted wealth. ...

Oppenheimer initiated coverage of SpaceX with an outperform rating and a $190 price target on Thursday, one day before the company begins trading on the Nasdaq under the ticker SPCX. The price target implies around 40% upside from the $135 IPO price, and values the firm at a hefty $2.5 trillion.

Artificial intelligence (AI) companies will tap the capital markets for hundreds of billions of dollars over a very short time span.

Wedbush Cuts Oracle Target, Sparks Fresh Fears Over $40B AI Spending Plan

Space Sector Rockets Higher Before SpaceX's Massive Market Debut

The U.K. regulator is the third regulatory authority to license the medicine as the Danish drugmaker seeks to regain its lead in the obesity market.

The Fed’s new chairman may end up presiding over interest-rate hikes, even though President Donald Trump wants lower rates.

GSK agreed to acquire Nuvalent for $10.6 billion, or $124 per share, a roughly 40% premium, to add two late-stage lung cancer assets and offset an impending patent cliff.

Market Catalysts host Julie Hyman sits down with Epistrophy Capital Research Chief Market Strategist and The Drill Down podcast host Cory Johnson to discuss the upcoming SpaceX (SPCX) IPO. Johnson breaks down the company's key business segments and weighs in on its valuation. Asked whether he agrees with the proposed $135 IPO price, Johnson expressed caution, saying, "Projections out to the future to get to today's price are really optimistic."

(Bloomberg) -- Prometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Vows New Attacks on Iran, Threatens Key Energy TargetsHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksSpaceX IPO

(Updates with new information from the first paragraph.) US equity indexes rose amid a broad-base

University of Florida finance professor Jay Ritter, who runs the school’s IPO Initiative and is widely regarded as the dean of IPO research, told CNBC on June 11, 2026, that SpaceX’s pending offering will set a first-day underpricing record that dwarfs prior benchmarks held by Visa and Alibaba. “SpaceX is almost certainly going to blow ... Top IPO Expert: SpaceX IPO ‘Will Blow Away’ Records Set by Visa and Alibaba

General Motors is considering using an unproven, but possibly more powerful, battery technology for its electric vehicles. The stock is up on Thursday.

By Joel Jose and Twesha Dikshit June 11 (Reuters) - Wall Street's major indexes inched higher in choppy trading on Thursday, as technology stocks steadied after a recent selloff, while investors kept

Report Says 200 To 400 Workers Are Affected

Lance Glinn of NYSE Live discusses Visa's payment integration partnership with OpenAI for next gen commerce.

On Thursday morning, President Trump posted on Truth Social: “At some point in the not too distant future, we will be taking Kharg Island, and other oil infrastructure points.” Kharg Island is the terminal that handles the overwhelming majority of Iran’s crude exports. A US move to seize it would amount to the physical capture ... The Iran War Gets Hot Again As Trump Moves to Seize Iran’s Oil Crown Jewel. Is a Recession Next?

Palantir (PLTR) CEO Alex Karp isn’t buying into the idea that Anthropic, OpenAI, or any other large language model company can simply move into Palantir’s world. Though he sees the threat that Wall Street is worried about, he feels investors are asking the wrong question. That jab lands ...