SpaceX is now worth $2 trillion. The largest IPO in history had a first day to match Quartz By: Cris Tolomia 13 June 2026 at 03:20 The stock hit a first-day high of $176.52, making SpaceX the sixth most valuable U.S.-listed company
U.S. consumer sentiment is finally rising — but inflation fears aren't going away Quartz By: Cris Tolomia 12 June 2026 at 16:10 The University of Michigan index climbed to 48.9 from a record low 44.8 in May, but inflation expectations remain well above pre-war levels
Solar generated more electricity than coal in the U.S. for the first time ever Quartz By: Cris Tolomia 12 June 2026 at 15:50 Solar supplied 12.8% of U.S. electricity in May while coal fell to 12.2%, its fourth-lowest monthly share ever
Honeywell is hunting for $2 billion to $4 billion automation acquisitions Quartz By: Cris Tolomia 12 June 2026 at 15:30 The industrial conglomerate signaled at its investor day that deals above $4 billion, such as a takeover of Ralliant, are off the table for now
Oil prices are sinking as Iran reveals a draft peace deal to reopen the Strait of Hormuz Quartz By: Cris Tolomia 12 June 2026 at 15:20 Iran's state media published a draft agreement that would reopen the vital shipping lane within 30 days of a final deal being signed
Rocket Lab stock surges after being added to the Nasdaq-100 index Quartz By: Cris Tolomia 12 June 2026 at 14:30 The Long Beach-based space company will officially join the index on June 22, placing it alongside Nvidia, Apple, and Microsoft
Hedge funds sold off big tech stocks to make room for the SpaceX IPO Quartz By: Cris Tolomia 12 June 2026 at 14:00 JPMorgan data show hedge funds cut positions in the biggest U.S. tech names, with some adding bearish bets, just before SpaceX began trading Friday
Elon Musk becomes the world's first trillionaire as SpaceX starts trading Quartz By: Cris Tolomia 12 June 2026 at 17:51 SpaceX stock opened at $150 a share on Friday, pushing Musk's net worth past $1 trillion for the first time in history
BlackRock has ordered at least $5 billion in SpaceX stock ahead of its Nasdaq debut Quartz By: Cris Tolomia 12 June 2026 at 13:50 Other large asset managers submitted similarly sized orders, while individual investors requested well over $70 billion in SpaceX stock
The biggest IPO ever and a potential Iran deal are landing on the same day. Markets don't know which to celebrate first Quartz By: Cris Tolomia 12 June 2026 at 14:10 The rocket maker's $75 billion offering — the largest IPO in history — hits the Nasdaq as oil prices fall on reports of a U.S.-Iran agreement
Adobe posted record revenue — but the stock sank after its CFO announced a surprise exit Quartz By: Cris Tolomia 12 June 2026 at 12:40 Adobe beat Wall Street estimates and raised its full-year outlook, but investors focused on the departure of finance chief Dan Durn
Lennar is slashing its full-year delivery target as housing headwinds grind on Quartz By: Cris Tolomia 12 June 2026 at 12:20 The homebuilder now expects to deliver 82,000 to 83,000 homes in 2026, down from a prior target of about 85,000
Your 401(k) to the moon? Quartz By: Joseph Zeballos-Roig 12 June 2026 at 10:11 SpaceX’s historic IPO could soon make the aerospace giant a fixture in millions of 401(k) accounts
Phoenix Financial founder Suzanne Porske on oil market impact of Iran conflict Quartz By: NYSE 11 June 2026 at 21:50 Phoenix Financial founder Suzanne Porske on oil market impact of Iran conflict
All-In Podcast host Jason Calacanis overviews Liquidity Summit in Napa Valley Quartz By: NYSE 11 June 2026 at 21:40 All-In Podcast host Jason Calacanis overviews Liquidity Summit in Napa Valley
The Dow soars 1,000 points as Trump calls off Iran attacks and claims a 'great settlement' of the war Quartz By: Colleen Cabili 11 June 2026 at 21:10 Iran quickly denied the claim. Trump has said numerous times that a deal to end the war against is close at hand without one materializing
15 economic recessions and what caused each one Quartz By: Cris Tolomia 11 June 2026 at 19:47 From the Great Depression to the Covid-19 crash, these 15 recessions reveal how fragile economic systems can be — and how differently crises unfold
20 things about money that take most people decades to figure out Quartz By: Colleen Cabili 11 June 2026 at 16:07 The gap between what schools teach about personal finance and what actually shapes financial outcomes is large — these 20 ideas cover most of it
The Iran war is hammering the global economy worse than any crisis since COVID, the World Bank says Quartz By: Cris Tolomia 11 June 2026 at 15:40 The bank cut its 2026 global growth forecast to 2.5%, citing the Middle East war's toll on energy markets and inflation
U.S. weekly jobless claims edged up to 229,000, highest since February Quartz By: Cris Tolomia 11 June 2026 at 14:50 The 4,000 increase came in above analyst forecasts and pushed the four-week moving average to its highest point since early 2026