Esteban Tesson
Journalist
SpaceX Surpasses Amazon to Become the World's Fifth Largest Company by Market Cap
SpaceX's stock market ascent continued on Tuesday, allowing Elon Musk's group to overtake Amazon in market capitalization. With a share price of $209.30, up more than 54% from its $135 initial offering price, the company has reached a valuation of approximately $2,750bn. It now stands as the fifth most valuable company in the world, trailing only Microsoft and the three giants whose market caps have now exceeded $4,000bn: Nvidia, Alphabet, and Apple.
June 16, 2026 at 05:16 pm
SpaceX Acquires Cursor to Accelerate AI Ambitions
SpaceX has announced the acquisition of Cursor for $60bn, coming just days after its record-breaking initial public offering on the Nasdaq. Founded in 2022, Cursor has established itself as one of the most dynamic players in artificial intelligence applied to software development. Its coding assistant, capable of generating, modifying, and analyzing code, surpassed $1bn in annualized revenue in November. The finalization of the transaction is expected in the third quarter of 2026.
June 16, 2026 at 04:41 pm
Bill Ackman Prepares Four New Investments for Pershing Square
Bill Ackman has announced that he has made four new investments to be held across his various funds, including Pershing Square USA (PSUS), his recently launched listed vehicle. However, the investor did not reveal the identity of the companies involved, stating that this information would be disclosed upon the release of Q2 results.
June 16, 2026 at 08:49 am
Wall Street rallies on Washington-Tehran accord, oil prices tumble
U.S. markets finished sharply higher on Monday following the announcement of an agreement between the United States and Iran to end hostilities between the two nations. This development also triggered a steep decline in oil prices, as investors cheered the upcoming reopening of the Strait of Hormuz. In this environment, the S&P 500 rose 1.65% to 7,554.2 points, the Dow Jones gained 0.92% to 51,671 points, and the Nasdaq 100 surged 3.06% to 30,543.9 points.
June 15, 2026 at 11:15 pm
Bill Ackman prepares four new investments for Pershing Square
Bill Ackman has announced that he has made four new investments to be held across his various funds, including Pershing Square USA (PSUS), his recently launched listed vehicle. The investor did not reveal the identity of the companies involved, stating that these details will be disclosed upon the release of the second-quarter earnings report.
June 15, 2026 at 10:29 pm
Jabil and Adani Partner to Develop AI Infrastructure in India
Jabil and Adani Enterprises have announced a partnership to build an integrated manufacturing platform in India for data center and artificial intelligence infrastructure. This initiative aims to meet the growing needs of cloud providers, colocation operators, and enterprises expanding their own computing capabilities, amid surging global demand for AI-related equipment.
June 15, 2026 at 09:09 pm
Truist Financial Appoints Michael Lyons as CEO
Truist Financial has announced the appointment of Michael Lyons as president and chief executive officer, effective September 1. A former executive at Fiserv and past president of PNC Financial, he will succeed Bill Rogers, who has led the bank since 2021. Rogers will remain in the role of executive chairman until his scheduled retirement in 2027.
June 15, 2026 at 09:05 pm
Truist Financial Appoints Michael Lyons as Chief Executive Officer
Truist Financial has announced the appointment of Michael Lyons as President and Chief Executive Officer, effective September 1. A former executive at Fiserv and former President of PNC Financial, he will succeed Bill Rogers, who has led the bank since 2021. Rogers will remain in the role of Executive Chairman until his scheduled retirement in 2027.
June 15, 2026 at 08:37 pm
Nvidia Prepares $20bn Bond Offering
Nvidia is reportedly considering raising up to $20bn in the US bond market through a multi-tranche offering. This move comes amid a wave of significant financing activity amongst major players in artificial intelligence.
June 15, 2026 at 05:01 pm
Nvidia Prepares $20bn Bond Offering
Nvidia is reportedly considering raising up to $20bn in the U.S. bond market through several tranches. This move comes amid a wave of significant financing activity among major players in the artificial intelligence sector.
June 15, 2026 at 04:13 pm
Wall Street: SpaceX Takes off Nearly 20%, Elon Musk Becomes First Trillionaire
Given the SpaceX IPO (+19.2% to $161), Wall Street's closing scores were almost anecdotal, rising roughly +0.5% to validate a tenth week of gains out of the last 11 (+0.65% for the S&P, +0.6% for the Nasdaq Composite). Confidence has surged to such a level that the VIX plunged -9% toward 17.7, ending the week down -20%: clear blue skies just one week away from "quadruple witching," which could close the second quarter with record gains (+15% to +20% depending on the index).
June 13, 2026 at 10:33 pm
Warner Bros. Discovery Acquisition Reaches Key Milestone in the US
The US Department of Justice (DOJ) has cleared the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, according to a source cited by CNBC. This approval represents a significant step forward for the transaction, valued at about $110bn, although certain state attorney generals may still pursue legal challenges. The DOJ is expected to formalize its decision shortly.
June 13, 2026 at 10:19 pm
Roku Explores Strategic Options, Including Potential Sale
Roku is currently evaluating a potential sale of the company and is holding discussions with at least one American media group regarding a merger, according to Bloomberg News. Investors welcomed the news, sending shares of the streaming specialist up over 20% following the report. However, no agreement has been reached at this stage.
June 13, 2026 at 10:15 pm
Warner Bros. Discovery Acquisition Clears Key Regulatory Hurdle in the United States
The U.S. Department of Justice (DOJ) has cleared the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, according to a source cited by CNBC. This approval represents a significant milestone for the transaction, valued at approximately $110bn, although certain state attorneys general may still pursue legal challenges. The DOJ is expected to formalize its decision shortly.
June 13, 2026 at 12:07 am
Roku explores strategic options, including a potential sale
Roku is currently evaluating a possible sale of the company and is holding discussions with at least one American media group regarding a merger, according to Bloomberg News. The news was well received by investors, with shares of the streaming specialist rising more than 20% following the report. However, no agreement has reportedly been reached at this stage.
June 12, 2026 at 11:04 pm
Microsoft Considers Strategic Reorganization of Xbox
Microsoft is evaluating several scenarios to reorganize its Xbox video game business, according to reports from The Information. Among the options on the table is a potential spin-off of the business or its transformation into a wholly owned subsidiary. Other paths, such as the creation of a joint venture with external partners, are also reportedly being studied as part of a broader strategic review regarding the division's future.
June 12, 2026 at 10:38 pm
Microsoft Considers Strategic Reorganization of Xbox
Microsoft is exploring several scenarios to reorganize its Xbox video game business, according to reports from The Information. Options under review include a potential spin-off of the business or its transformation into a wholly owned subsidiary. Other possibilities, such as the creation of a joint venture with external partners, are also reportedly being considered as part of a broader strategic review of the division's future.
June 12, 2026 at 09:47 pm
Elon Musk now a Trillionaire
The initial public offering of SpaceX has propelled Elon Musk to the rank of the first trillionaire in history, according to estimates based on the value of his holdings. Shares of the aerospace group debuted on the Nasdaq at $150, bringing the value of his stake in SpaceX to over $766bn. When combined with his stake in Tesla, his total fortune is estimated at approximately $1,050bn and continues to climb as the SpaceX stock surges on the market.
June 12, 2026 at 09:35 pm
SpaceX Makes Market Debut in Historic IPO
The SpaceX initial public offering is dominating market attention this Friday. With a valuation approaching $1,800bn, the company marks the largest IPO in history. Despite questions regarding the complexity of its business model, investor enthusiasm remains unshaken, with the stock already gaining over 20% above its offering price.
June 12, 2026 at 08:38 pm
Elon Musk Surpasses $1tn Wealth Threshold
The initial public offering of SpaceX has propelled Elon Musk to the rank of the first trillionaire in history, according to estimates based on the value of his holdings. Shares of the aerospace group debuted on the Nasdaq at $150, bringing the value of his stake in SpaceX to over $766bn. When combined with his holdings in Tesla, his total fortune is estimated at approximately $1.05tn and continues to rise as SpaceX stock surges on the market.
June 12, 2026 at 08:24 pm
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