Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download
Investment
Features
FeesSafety
Academy
More
Pluang+

Chances of California billionaire tax on November ballot drop sharply amid Gov. Newsom's opposition.

Market News
16 Jun 2026
CNBC
View Source
Neutral
pluang ai news

The likelihood that a proposed one-time 5% tax on billionaires in California will appear on the November ballot has dropped from 88% to 35.5% according to prediction markets. This decline follows reports that Governor Gavin Newsom is actively trying to prevent the tax measure from qualifying before the June 25 deadline. The tax, backed by a major union, targets Californians worth over $1 billion to fund healthcare after federal cuts. Newsom's opposition comes as he considers a presidential run and faces political tensions with former President Trump.

More News

Defiance ETFs launches SPCQ, a 2X daily inverse ETF targeting SpaceX stock for active traders.

Defiance ETFs launches SPCQ, a 2X daily inverse ETF targeting SpaceX stock for active traders.

Defiance ETFs has introduced the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), designed to provide twice the inverse daily performance of SpaceX stock (SPCX). This ETF targets active traders seeking short-term bearish exposure to SpaceX, a leadin...

Others
Neutral
38 minutes ago
Defiance ETFs launches SPCQ, a 2x inverse leveraged ETF targeting daily SpaceX stock declines.

Defiance ETFs launches SPCQ, a 2x inverse leveraged ETF targeting daily SpaceX stock declines.

Defiance ETFs introduced the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), designed to provide investors with double inverse exposure to SpaceX's daily stock price movements. This ETF aims to deliver -200% of SpaceX's daily returns, allowing inve...

Market News
Neutral
38 minutes ago
Defiance ETFs launches SPCQ, a 2X daily inverse ETF targeting SpaceX stock for tactical short exposure.

Defiance ETFs launches SPCQ, a 2X daily inverse ETF targeting SpaceX stock for tactical short exposure.

Defiance ETFs introduced the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), designed for active traders seeking double inverse daily exposure to SpaceX stock. The ETF aims to deliver -200% of SpaceX's daily price movements, allowing investors to b...

Company Fundamentals
Neutral
38 minutes ago
Defiance ETFs launches SPCQ, a 2x daily inverse ETF targeting SpaceX stock for tactical bearish exposure.

Defiance ETFs launches SPCQ, a 2x daily inverse ETF targeting SpaceX stock for tactical bearish exposure.

Defiance ETFs has introduced the Defiance Daily Target 2X Short SpaceX ETF (SPCQ), designed for active traders seeking amplified daily inverse exposure to SpaceX stock. This ETF aims to deliver -200% of SpaceX's daily price movements, allowing invest...

Company Fundamentals
Neutral
38 minutes ago
Halper Sadeh LLC probes fairness of recent major company sales and mergers for shareholders.

Halper Sadeh LLC probes fairness of recent major company sales and mergers for shareholders.

Halper Sadeh LLC, an investor rights law firm, is investigating whether shareholders of Open Lending Corporation, Nuvalent, Organon & Co., and SUNation Energy are receiving fair deals in their companies' recent sales or mergers. The firm suggests ins...

Market News
Bearish
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App