SpaceX's IPO has attracted massive demand, with orders reportedly four times the available shares, aiming to raise about $75 billion. While this oversubscription is impressive, it is modest compared to historic IPOs like Snowflake's 120X or DoorDash's 40X. The large size of SpaceX's offering makes extreme oversubscription harder to achieve. Investors should note that this level of demand may lead to a less dramatic price surge post-IPO than expected, though the final oversubscription figure could still rise before pricing closes Wednesday.
Pakistan's Prime Minister Shehbaz Sharif confirmed a final draft of a US-Iran peace deal has been agreed upon, aiming to dismantle Iran's nuclear program, impose inspections, and end regional proxy funding. The deal would reopen the Strait of Hormuz ...
Defiance ETFs announced a temporary trading halt of its leveraged Defiance Daily 2X Space ETF (SPCL) on the Cboe BZX Exchange due to significant market volatility following SpaceX's initial public offering (IPO). The halt began on June 12, 2026, and ...
The U.S. Department of Justice has approved Paramount's proposed $110 billion acquisition of Warner Bros. Discovery, finding no significant antitrust concerns. The DOJ concluded the merger is unlikely to harm competition or consumers in the media and...
AlphaPepe has introduced AlphaSwap Early Access, allowing users to trade selected pairs across Ethereum and Binance Smart Chain via Uniswap and PancakeSwap routers. This move provides a functional trading layer ahead of the official launch and positi...
XRP appears to have found its price floor at around $1.15, ending its recent decline. However, technical analysis suggests the cryptocurrency may experience about 800 days of sideways trading, or low volatility, until late 2027. During this period, i...
