SpaceX Soars 8% Testing $2.28T Cap
SpaceX shares surged 8.06% to a $2.28T market cap, influencing $BTC as it jumped past $67K, reflecting heightened risk appetite in tech and crypto markets. Crypto $BTC
stocks
Bitcoin Surges to $66K on US-Iran Deal
Bitcoin hits $66,600 amid US-Iran peace deal, boosting crypto and equities; $ETH up 6.5%, $XRP 8.7%, $SOL 7.4%. FOMC decision looms. #Update #Crypto $BTC
Wells Fargo Warns on AI Sector Shifts
Wells Fargo Advisors warns that the AI and IT sector, up 37% since May 29, is now relatively unattractive for investors; suggests reallocating to Financials, Industrials, and Utilities amid upcoming large IPOs. #Update #Crypto $BTC (-8) ↘
Binance Dominates SpaceX Derivatives Market 60%
Binance records $5.6B in SPCXUSDT volume in 24 hours, holding 60% market share for SpaceX derivatives. SpaceX perpetual futures rank second after Bitcoin on Binance. #Update #Crypto
SpaceX Surges to $2.1T Elon Trillionaire
SpaceX raised $75B in the largest IPO, making Elon Musk the first trillionaire. Starlink profits offset AI losses. SPCX surged 30.7% on debut. #Update #Finance
Tokenized Stocks Launch by Citigroup
@Citigroup is launching a blockchain platform for trading tokenized shares of private companies, initially for international investors, with plans to expand to U.S. clients. #Update #Crypto
SpaceX IPO Launches at $135 on Nasdaq
SpaceX’s $75B IPO at $135/share starts Nasdaq trading June 12. Non-U.S. users access tokenized SpaceX via Kraken, Bybit, Coinbase International, Ondo Finance. #Update #Crypto
Nvidia Chips Trade Targets Revealed
Bank of America analyst Vivek Arya is bullish on AI chip companies, predicting Nvidia ($NVDA) could rise to $350 and Credo ($CRDO) by over 7%. Demand for AI infrastructure remains strong. #Update #Crypto $NVDA (+7) ↗
Binance Stock Trading Surges $400M First Week
Binance’s U.S. stock-trading service amassed $400M in assets one week post-launch, offering 7,000+ stocks and ETFs at zero commission; tokenized Bstocks on BNB Chain pending approval. #Update #Crypto $BNB
Bitget Launches Stocks 2.0 with 36 Tokenized Assets
@Bitget launches Stocks 2.0 with 36 tokenized US stocks and ETFs, enhancing liquidity and trading options. Targeting broader adoption, it aims for significant market share by 2030. #Update #Finance
HALO Stocks Set to Surge as Long-Term Winners
Goldman Sachs equity strategist Sharon Bell highlights “HALO” stocks as key long-term investments, emphasizing sectors like utilities and renewables for resilience against AI disruptions. #Update #Crypto $SOL
Tech Stocks Overbought Fundstrat Recommends Two Sectors
Declining crude oil prices are boosting consumer and transportation stocks, with @Nike, @Target, @BestBuy, and @HomeDepot starting to stabilize as tech stocks become overbought. #Update #Stocks $MATIC (+5) ↗
Billionaire Invests $68M in 200% Stocks
Billionaire investor Stanley Druckenmiller’s Duquesne Family Office invested $68.15M in four stocks, each up 200%+ year-to-date, while offloading nearly $200M in four Fortune 500 companies. #Update #Stocks @DuquesneFamilyOffice
AI Drives Stock Market Surge Predicts Wells Fargo
Wells Fargo Advisors highlights that the Utilities sector, especially electric utilities, will benefit from rising investments in AI and data centers, projecting strong returns and growth outlooks. #Update #Crypto $ETH