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Investing.com52d agoneutral
FTC drafts complaint against Amazon over misleading ads, Bloomberg reports

The FTC has drafted a potential complaint against Amazon as part of an ongoing investigation, Bloomberg reported, with multiple state attorneys general also involved alongside the federal regulator. The agency may resolve the matter, either through a formal lawsuit or a negotiated settlement, as soon as this summer. Any final action would require a vote from the FTC's two Republican commissioners, Chairman Andrew Ferguson and Commissioner Mark Meador.

Investing.com52d agobullish
SpaceX surges past Amazon, briefly tops Microsoft in market cap

The move builds on an already historic run. SpaceX priced its IPO at $135 per share on June 12, 2026, in what was the largest public offering in history, raising $75 billion initially. Underwriters exercised their greenshoe option on June 15, lifting total proceeds to $85.7 billion. Tuesday's close puts SPCX up roughly 50% from its IPO price in just four trading sessions, a pace that has rattled even the most seasoned market observers.

Amazon may face penalties from potential FTC ad suit, Bloomberg News reports
Reuters53d agoneutral
Amazon may face penalties from potential FTC ad suit, Bloomberg News reports

Amazon.com may face a U.S. Federal Trade Commission lawsuit ‌that could result in civil ‌penalties, following allegations that the e-commerce giant misled ​advertisers, Bloomberg News reported on Tuesday. The FTC has a possible complaint against Amazon as part of an ongoing probe, ‌Bloomberg reported, ⁠citing people familiar with the matter. The agency has been investigating whether Amazon and Alphabet's Google ​misled advertisers ​that place ads ​on their websites, ‌Reuters reported last year.

What Trump's clamp down on Anthropic is signaling to rest of the world
Yahoo Finance Video53d agoneutralVIDEO
What Trump's clamp down on Anthropic is signaling to rest of the world

The Trump administration pushes harder on Anthropic (ANTH.PVT) after the private AI developer pulled its Claude Mythos and Fable 5 models from the market in response to demands to cut AI product access to foreign governments. Yahoo Finance Tech Editor Dan Howley joins the Market Domination team in reporting on the day's biggest tech headlines.

Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic
24/7 Wall St.53d agoneutral
Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic

The optics told the story before the lawyers did. At the recent America 250 UFC card on the White House lawn, Mark Zuckerberg sat ringside while Anthropic CEO Dario Amodei was nowhere to be found. According to TBPN hosts John Coogan and Jordi Hays, that single frame captured a widening political and cultural gap that ... Mark Zuckerberg’s Ringside Seat is Becoming A Big Problem for Anthropic

Surging SpaceX overtakes Amazon to become 5th biggest company
AFP53d agoneutral
Surging SpaceX overtakes Amazon to become 5th biggest company

SpaceX shares surged again Tuesday, lifting Elon Musk's rocket company above Amazon into fifth place in market value as a record-breaking IPO gives way to a torrid buying frenzy.Shares of SpaceX have soared about 40 percent in three sessions since last week's IPO, which raised a record-breaking $85.7 billion.

UBS recommends Amazon.com Inc (AMZN) Stock. Here’s the Reason
Insider Monkey53d agoneutral
UBS recommends Amazon.com Inc (AMZN) Stock. Here’s the Reason

Amazon.com Inc (NASDAQ:AMZN) is one of billionaire Ken Fisher’s top high growth stock picks. Analysts see Amazon shares gaining at least 30% over the next 12 months. On June 7, UBS reaffirmed its Buy rating on Amazon.com Inc (NASDAQ:AMZN) stock. For this call, the firm cited Amazon’s growing cloud business amid AI-driven demand for computing […]

Amazon’s (AMZN) Alexa+ Available for Canadian Customers
Insider Monkey53d agoneutral
Amazon’s (AMZN) Alexa+ Available for Canadian Customers

Amazon.com, Inc. (NASDAQ:AMZN) ranks among our Top Stocks to Buy and Hold for the Long Term. On June 11, the company announced the official availability of Alexa+, which is Amazon’s next-gen AI assistant, for all Canadian customers. ​Management of Amazon.com, Inc. (NASDAQ:AMZN) noted that all Prime members get full access at no extra cost, making […]

SpaceX vaults past Microsoft and Amazon in market value
Reuters Videos53d agoneutralVIDEO
SpaceX vaults past Microsoft and Amazon in market value

<body><p>STORY: Elon Musk's SpaceX is now worth more than Amazon.</p><p>:: SpaceX</p><p>:: Amazon</p><p>Shares of the rocket maker soared as much as 17% on Tuesday, catapulting the company's market value past Amazon's and briefly above Microsoft's.</p><p>That makes SpaceX the fifth most valuable company in the world... just days after its blockbuster public debut.</p><p>If the gains hold, shares will have jumped more than 60% above the $135 IPO price, giving SpaceX a market cap of around $2.8 trillion.&nbsp;</p><p>Not bad for a company that reported a net loss last year of nearly $5 billion.</p><p>The stock rally is likely to continue as SpaceX gains fast-track inclusion in the Nasdaq 100, making it a major holding for passive funds and ETFs that track the index.</p><p>FTSE Russell and MSCI are also set to add the stock to their indexes, effective later this month.</p><p>SpaceX options also began trading on Tuesday. More than half a million contracts changed hands in just the first hour, making SpaceX the most heavily traded name ever among companies on their first day of trading options, according to Trade Alert data.</p><p>The company also made news by announcing on Tuesday that it will buy Anysphere, the startup behind the popular AI coding agent Cursor, in an all-stock deal valued at $60 billion.</p><p>The acquisition aims to give SpaceX's xAI a stronger hold in the revenue-generating business of AI coding.</p></body>

Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist
24/7 Wall St.53d agobullish
Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist

I keep buying Amazon (NASDAQ:AMZN) and I am not going to apologize for it. The stock is down 6.86% over the past month while CNBC anchors argue about June inflation prints, and every time my brokerage screen flashes red I add a few more shares. This is a position I have been compounding into because ... Here Is the 1 Unstoppable $70 Billion Growth Machine I Keep Buying Hand Over Fist

Could SpaceX Overtake Nvidia As The World's Biggest Company In 2026?
Benzinga53d agoneutral
Could SpaceX Overtake Nvidia As The World's Biggest Company In 2026?

Space Exploration Technologies Corp. (NASDAQ:SPCX) just became the fifth-most-valuable company on the planet — and it took three trading sessions to do what Amazon.com Inc. needed nearly three decades to achieve. Elon Musk's rocket and satellite company priced its initial public offering at $135 a share on June 12 in the largest IPO in history. By midday Tuesday, the stock had jumped nearly 60% to around $213, lifting its market value to nearly $2.75 trillion and pushing it past Amazon's roughly

Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
24/7 Wall St.53d agoneutral
Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford

Jeff Bezos is back in an operating seat for the first time since stepping down from Amazon (NASDAQ:AMZN), pointing a $12 billion war chest at what he calls the engine of civilizational wealth: invention itself. In a CNBC interview on June 11, 2026, Bezos and co-CEO Vik Bajaj outlined Prometheus, a Series B round raising ... Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford

How SpaceX mania made Musk more money in 1 day than 'Bill Gates' entire net worth'
Yahoo Finance Video53d agoneutralVIDEO
How SpaceX mania made Musk more money in 1 day than 'Bill Gates' entire net worth'

Scott Melker discusses SpaceX's (SPCX) trading frenzy, outlines the skepticism surrounding the company's valuation, and puts CEO Elon Musk's wealth into context. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.