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SpaceX IPO Crowds Pre-Market Sentiment

Currently valued between 1.75-2.00 trillion in market capitalization, today's IPO is underwritten by Goldman Sachs (GS) and is expected to raise $75 billion.

The Zacks Analyst Blog Highlights Union Pacific and Canadian National Railway

Union Pacific and Canadian National stand out in the railroad industry with long dividend histories, solid yields and ongoing shareholder returns.

Canadian Dollar: Overbought Dollar holds near 1.40 ceiling – Scotiabank

Scotiabank strategists Shaun Osborne and Eric Theoret observe that the Canadian Dollar (CAD) is weighed down by weaker Oil prices linked to Iran peace hopes, even as improved risk appetite offers some ...

Nigeria's Crude Oil Production Hits 15-Month High

Nigeria’s crude oil output jumped to a 15-month high in May as Africa’s top producer continues to ramp up production, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) showed.  N ...

Ceasefire Hopes Lift Risk Appetite: Leveraged ETFs for Tactical Play

Optimistic ceasefire developments have driven equities higher and shifted markets into a risk-on mode. Investors can consider leveraged ETFs to amplify upside exposure.

New Zealand Dollar dips as robust US sentiment, inflation data underpin US Dollar

NZD/USD trades around 0.5830 on Friday at the time of writing, down 0.15% on the day as the US Dollar (USD) maintains a firm tone following a series of strong US economic releases.

SpaceX is cheap on a price-to-cosmos ratio

Terrestrial valuations don’t apply when it comes to Elon

Oil Prices Waver On U.S.-Iran Deal. Is It Another Friday Fakeout?

Oil prices tumbled on Friday morning before staging a rebound as President Donald Trump said that a description of the ceasefire deal published by Iranian state media "bears no relation to the truth." ...

European Central Bank: Hawkish forecasts point to higher terminal rate – Nomura

Nomura’s European Economics team, led by Andrzej Szczepaniak and colleagues, notes that the ECB delivered a 25bp hike to a 2.25% depo rate and unveiled more hawkish forecasts.

Stocks Are Wavering. SpaceX IPO Will Be a Test for Markets.

Stocks traded sideways at the open on Friday with SpaceX set to make its public debut following yesterday’s market relief rally. The Dow rose 138 points, or 0.2%. In the largest IPO ever with $75 bi ...

Rebuilding the tariff wall with Section 301

Stock Market Whipsaws; SpaceX IPO Rockets, Oracle Dives: Weekly Review

The stock market tumbled to key levels but roared back on Iran deal hopes. The record SpaceX IPO took off. Oracle dived on AI spending.