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Reuters47d agoneutral
Morning Bid: SpaceXhaust

June 23 (Reuters) - What matters in U. and global markets today , Editor-at-Large, Finance and Markets Big Tech started the week in reverse, with megacaps Alphabet and Amazon each falling around 5% on Monday, dragged down by a mix of concerns: interest ‌rate expectations, lofty AI spending and rising debt.

Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
Reuters47d agobearish
Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides

The Nasdaq 100 index was on pace to erase more than $1 trillion in market value on Tuesday as technology heavyweights and chip stocks tumbled, ‌while Elon Musk's SpaceX dropped below $2 trillion in market cap for the first ‌time since its U.S. debut. SpaceX, which is expected to join the Nasdaq 100, has lost more than $600 billion in ​market value in the past three sessions. It last had a market valuation of $1.95 trillion, if the day's losses hold.

💬 Analysts on SpaceX’s Borrowing Plans
The Wall Street Journal47d agoneutral
💬 Analysts on SpaceX’s Borrowing Plans

📣 “Why do you need like $100 billion in cash? With Elon Musk you never know what’s going on in that man’s head.” —CFRA Research senior analyst Keith Snyder, on SpaceX’s intention to issue more than $20 billion in bonds to pay back a bridge loan, and possibly new projects, too—something that might try investors’ patience coming just weeks after its $85 billion IPO.

US Stock Market Today: S&P 500 Futures Ease As Traders Eye PCE Inflation Data
Simply Wall St.47d agoneutral
US Stock Market Today: S&P 500 Futures Ease As Traders Eye PCE Inflation Data

The Morning Bull - US Market Morning Update Tuesday, Jun, 23 2026 US stock futures are mixed in early trade, with E-mini S&P 500 futures slightly down around 0.2% while Nasdaq futures are flat to modestly higher. A key driver is the US 10 year Treasury yield, which is sitting near 4.48% and indicates that borrowing costs for mortgages, credit cards, and companies remain relatively high. At the same time, investors are bracing for the PCE inflation report, the Federal Reserve's preferred cost...

Jim Cramer Wondered Whether You Could Flip SpaceX (SPCX) Stock
Insider Monkey47d agoneutral
Jim Cramer Wondered Whether You Could Flip SpaceX (SPCX) Stock

We recently published Jim Cramer Discussed Expensive Phones, A Cheap Stock Sector & These 18 Stocks. Space Exploration Technologies Corp. (NASDAQ:SPCX) is one of the stocks discussed by Jim Cramer. Elon Musk’s rocket company, Space Exploration Technologies Corp. (NASDAQ:SPCX), is the most widely discussed stock this month. The shares were on the media’s radar after […]

Cathie Wood’s Ark Invest Buys 210,121 Shares of Elon Musk’s SpaceX (SPCX)
CoinGape47d agobullish
Cathie Wood’s Ark Invest Buys 210,121 Shares of Elon Musk’s SpaceX (SPCX)

Cathie Wood’s investment management company Ark Invest on Monday bought significant shares in Elon Musk’s SpaceX, increasing its shareholding across ETFs. The purchase came after the company’s SPCX stock fell more than 16% amid post-IPO volatility. Ad Ad Cathie Wood’s Ark Invest Acquires 210,121 SpaceX Shares Cathie Wood-led Ark Invest purchased a total of 210,121