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U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX, which surged past its IPO price. Progress in peace talks eased inflation and interest rate concerns, while SpaceX’s strong opening captivated investors despite its recent losses. Other space stocks saw a slight pullback.Read More

SpaceX’s Nasdaq debut shattered expectations, soaring past $2 trillion and becoming the sixth-largest U.S. company. Investors, from institutions to retail fans, celebrated the record-breaking IPO, which raised $75 billion. Despite a reported loss last year, the company’s ambitious vision and market opportunity captivated the market, with shares closing up 19%.Read More

Sebi is evaluating longer-term futures and options contracts, broader commodity derivatives and bond index derivatives to deepen markets. The regulator highlighted resilient capital markets, strong domestic investor participation and a robust IPO pipeline despite global uncertainties and volatility.Read More

Shell has decided to put its $3 billion share repurchase program on hold from June 12 to July 14, as it navigates the implications of its acquisition of ARC Resources. During this period, shares that are not bought back will be earmarked for upcoming repurchase efforts.Read More

SpaceX shares surged on their Nasdaq debut, valuing the company at nearly $1.96 trillion. This historic Initial Public Offering made Elon Musk the world’s first trillionaire. The rocket maker raised substantial funds, surpassing Saudi Aramco’s IPO. Investors are watching closely as SpaceX aims for Mars and beyond, with Starlink driving its growth.Read More