Micron Technology shares surged roughly 10% as global memory chip prices soar amid severe supply-demand imbalance, driving quarterly revenue up approximately fourfold year-on-year.
Elon Musk’s net worth has fallen below the trillion-dollar mark as shares in Tesla and SpaceX continue to decline, stripping him of his brief status as the world’s first trillionaire.
Core Summary SpaceX has returned to capital markets less than two weeks after completing its record-breaking initial public offering, raising $25 billion through a bond issuance. The stunning speed of fundraising underscores sustained investor enthusiasm for the space industry and raises questions about the company’s aggressive leveraged expansion strategy. Event Details According to multiple financial media reports, SpaceX’s bond offering was oversubscribed, with demand far exceeding supply. This marks the company’s second major capital market operation since its NASDAQ IPO last month. Previously, SpaceX raised approximately $75-86 billion through the IPO to repay bridge loans and fund continued Starship development. ...
Core Summary The US Senate passed a comprehensive housing supply bill with an overwhelming 85-5 vote. The legislation aims to lower housing costs and restrict Wall Street investors from purchasing single-family homes, while notably including a provision that bans the Federal Reserve or any federal agency from issuing a central bank digital currency (CBDC) or similar digital assets through the end of 2030. Event Details According to The Washington Post and The Block, the Housing Supply Act received broad bipartisan support. Key provisions include: ...
SpaceX Stock Tumbles 16.4%, Erasing Most IPO Gains SpaceX shares plunged 16.4% in Monday trading, marking the company’s worst single-day decline since its historic $75 billion IPO on June 12. The selloff erased most of the gains the stock had accumulated since going public on NASDAQ. According to CNBC and Yahoo Finance, the stock came under heavy selling pressure throughout the session, extending a three-day losing streak that has brought the cumulative decline to nearly 20%. The drop coincided with a broader weakness in technology stocks, with the S&P 500 closing lower on the day. ...
Former Fed Chair Alan Greenspan Dies at 100 Alan Greenspan, who served as Chairman of the US Federal Reserve from 1987 to 2006, has died at the age of 100. His family confirmed the passing of the legendary central banker on June 22. Born in New York in 1926, Greenspan served as Fed Chairman for nearly 19 years, the second-longest tenure in the institution’s history. He was widely known as the “maestro” of the global economy, and his monetary policy decisions profoundly shaped modern financial markets. ...
SpaceX Launches First Bond Offering After Record $75B IPO SpaceX announced on June 22 the launch of its first-ever senior unsecured notes offering, marking the company’s debut in debt capital markets following its record $75 billion IPO earlier this month. The notes represent unsecured debt ranking equally with all existing and future unsecured obligations. Proceeds will be used to repay existing bridge loan balances, with the offering available only to “qualified institutional buyers.” ...
[Brief] Canada May CPI Accelerates to 3.2% Statistics Canada reported on June 22 that Canada’s May Consumer Price Index (CPI) accelerated to 3.2% year-over-year, above market expectations. The data reflects the impact of rising energy prices and supply chain cost pass-through on consumer prices. The inflation rebound may influence the Bank of Canada’s future interest rate decisions. 编辑：GoodInfo全球资讯组
[Brief] Goldman Sachs: Hedge Funds Net Sellers of Global Stocks Goldman Sachs’ prime brokerage data shows that last week, hedge funds became net sellers of global stocks for the first time in five weeks, with the largest selling in North American and European markets. The short-selling to long-buying ratio stood at 1.3 to 1, with net selling across all major regions except developed Asia. The shift may reflect institutional caution regarding current valuations and geopolitical risks. ...
[Brief] Mercedes and Porsche Announce New Cost-Cutting Plans Mercedes-Benz and Porsche have finalized new cost-cutting plans amid mounting tariff pressures, shifting market demand, and global trade friction. Both German luxury automakers face fierce competition from Chinese electric vehicle brands, while US tariff policies further squeeze profit margins. The measures are expected to cover supply chain optimization, production efficiency improvements, and adjustments to certain non-core business lines. 编辑：GoodInfo全球资讯组