SpaceX is expected to release its IPO prospectus soon, aiming to raise $70-75 billion and seek a valuation around $1.75 trillion, which would make it one of the most valuable public companies globally. The company's revenue is largely driven by Starlink's satellite internet business, which showed strong growth and profitability, while its AI division, xAI, is still burning cash. The IPO features a dual-class share structure giving Elon Musk significant voting control, limiting public shareholders' influence. Up to 30% of shares may be allocated to retail investors worldwide, and inclusion in major indexes could trigger substantial passive fund buying. Investors should carefully review the prospectus to understand the risks and opportunities before investing.
Bank7 Corp., the parent company of Bank7 based in Oklahoma City, announced a quarterly cash dividend of $0.27 per share on its common stock. The dividend will be paid on July 7, 2026, to shareholders of record as of June 19, 2026. Bank7 operates twel...
Paragonix Technologies will present new clinical findings on its liver and kidney preservation systems at the 2026 American Transplant Congress in Boston. The data, from multi-center clinical registries, highlight the benefits of Paragonix's controll...
Scilex Holding Company announced that its board has set June 15, 2026, as the payment date for a previously declared dividend of Semnur Pharmaceuticals common stock to Scilex shareholders. The record date for eligibility is June 1, 2026, and sharehol...
U.S. stock futures showed mixed signals with S&P 500 futures down and Dow Jones up amid political tensions as the House passed a resolution limiting President Trump's military powers. Key stocks like Broadcom and CrowdStrike saw notable moves, with C...
Morgan Stanley predicts Apple's stock could rise significantly after the Worldwide Developers Conference (WWDC) if the company unveils major AI improvements, especially for Siri and Apple Intelligence. The bank highlights Apple's privacy focus and pa...
