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  • SpaceX Advances 25% Midday Following Blockbuster Nasdaq Debut June 12, 2026 14:56 ET

    Shares of Space Exploration Technologies Corp. (SPCX) surged 25% in midday trading Friday following the company's record-breaking $75 billion initial public offering, the largest IPO ever completed. The stock is currently trading at $168.63, up $33.63 or 24.91%, after opening at $150.00. Shares were...

  • Enliven Therapeutics Shares Rise 9% June 12, 2026 12:25 ET

    Enliven Therapeutics, Inc. (ELVN) shares climbed 8.92 percent, gaining $3.60 to $43.96 on Friday, despite the company pricing an upsized public offering expected to raise approximately $400 million in gross proceeds.

  • Seagate Technology Shares Rise 5% June 12, 2026 11:52 ET

    Seagate Technology Holdings plc (STX) shares gained 5.64 percent, rising $49.00 to $917.09 on Friday, likely continuing momentum from the company's announcement yesterday, that it will redeem all outstanding 3.50% Exchangeable Senior Notes due 2028.

  • Momentus Shares Fall 17% After Stock Offering Announcement June 12, 2026 10:40 ET

    Momentus Inc. (MNTS) shares dropped 17.64 percent, losing $2.88 to $13.42 on Friday after the commercial space company announced a registered direct offering of 1.85 million shares to new and existing institutional investors.

  • Rocket Lab Shares Drop 7% On Nasdaq-100 Inclusion June 12, 2026 10:28 ET

    Rocket Lab Corporation (RKLB) shares fell 7.81 percent, losing $8.97 to $105.81 on Friday, even after the company announced its inclusion in the Nasdaq-100 Index.

  • Treasure Global Shares Fall 17% Despite Securing AI Contract June 11, 2026 11:55 ET

    Treasure Global Inc. (TGL) shares declined 16.89 percent, losing $0.8899 to $4.30 on Thursday despite the company announcing that it had been awarded a $15 million contract by Creative World Industries Sdn Bhd to develop and deploy an enterprise-grade Social Listening AI System.

  • Dana Stock Falls 13% On $5.1 Bln Eaton Mobility Combination Deal June 11, 2026 11:52 ET

    Shares of Dana Incorporated (DAN) on Thursday slipped over 13% after the company announced an agreement to combine with Eaton Corporation plc's Mobility business in a transaction valued at approximately $5.1 billion. The stock is currently trading at $31.02, down $4.45 or 12.55%, on the NYSE. It...

  • Navan Surges 14% On Strong Q1 Results, Raises FY27 Outlook June 11, 2026 11:46 ET

    Shares of Navan, Inc. (NAVN) gained over 14% on Thursday morning after the company reported strong first-quarter results and raised its full-year guidance. The stock is currently trading at $23.85, up $2.97 or 14.25%, on the Nasdaq. It opened at $24.22 after closing the previous session at $20.87....

  • Digital Brands Group Shares Plunge 30% Despite Open-Market Purchase June 11, 2026 11:37 ET

    Digital Brands Group, Inc. (DBGI) shares fell 30.44 percent, losing $0.3799 to $0.8701 on Thursday despite the company announcing that Chief Executive Officer Hil Davis purchased an additional $700,000 worth of shares in the open market.

  • Humacyte Shares Fall 23% June 11, 2026 11:09 ET

    Humacyte, Inc. (HUMA) shares plunged 23.05 percent, losing $0.31 to $1.03 on Thursday, likely extending losses following the company's announcement yesterday, of a public offering of 47.62 million shares of common stock priced at $1.05 per share.

  • Vera Bradley Reports Narrower Q1 Loss Due To Cost Optimization; Shares Up 6% June 11, 2026 10:53 ET

    On Thursday, Vera Bradley, Inc. (VRA), a footwear related company, reported narrower loss in the first quarter of fiscal 2027, owing to higher revenues and absence of loss from discontinued operations. Looking ahead to fiscal 2027, the company continues to focus on stabilizing the business and plans...

  • Vera Bradley Shares Rise 9% As Q1 Loss Narrows And Revenue Grows June 11, 2026 10:42 ET

    Vera Bradley, Inc. (VRA) shares gained 9.43 percent, rising $0.30 to $3.48 on Wednesday after the lifestyle and accessories retailer reported improved first-quarter fiscal 2027 results.

  • Fold Holdings Shares Surge 26% After Eliminating Secured Debt June 10, 2026 12:18 ET

    Fold Holdings, Inc. (FLD) shares climbed 26.21 percent, gaining $0.1608 to $0.7729 on Wednesday after the bitcoin financial services company announced a series of capital transactions aimed at strengthening its balance sheet and supporting future growth.

  • Casey's General Stores Shares Surge 16% June 10, 2026 11:01 ET

    Casey's General Stores, Inc. (CASY) shares jumped 16.10 percent, gaining $122.53 to $883.71 on Wednesday possibly after the convenience store operator reported strong fourth-quarter results, raised its dividend, and outlined an optimistic growth outlook for fiscal 2027.

  • Eva Live Shares Slip 4% Despite Proposed Psquared Acquisition June 10, 2026 10:11 ET

    Eva Live, Inc. (GOAI) shares fell 3.54 percent, losing $0.09 to $2.44 on Wednesday despite the company announcing that it had signed a Letter of Intent to acquire Psquared Inc., a profitable performance-marketing company that has generated more than $50 million in revenue over the past four years.

Global Economics Weekly Update - Jun 08-12, 2026

June 12, 2026 17:14 ET
Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.