Korean retail investors, dubbed 'Seohak Ants', purchased over 1.23 trillion won (approximately $808.5 million) worth of SpaceX stock on its Nasdaq debut on the 12th (local time). This massive single-day investment in one stock is unprecedented in recent times, surpassing previous record-holding ETFs.
La Societe des Grands Magasins (SGM), owner of BHV Marais in Paris, announced it will end its partnership with Shein. The Chinese e-commerce giant's first physical store, located within BHV Marais, may close by Christmas following a "strategic error" admission by SGM's outgoing CEO.
The CFTC has approved KalshiEX to list a Bitcoin perpetual futures contract (BTCPERP), marking a significant step for crypto derivatives in regulated US markets. This move could change how retail and institutional traders access leveraged Bitcoin exposure, bringing a popular crypto financial tool into the US regulatory framework.
SpaceX has become the world's fifth most valuable company, surpassing Amazon with a valuation of $2.78tn after a 50% stock price surge post-IPO. The company announced the $60bn acquisition of AI coding startup Cursor.
Major UK retailers like Currys, B&Q, Amazon, and Lidl met with the energy minister to discuss selling "balcony solar panels." These plug-in devices aim to help renters and flat dwellers generate their own electricity, cut bills, and reduce reliance on fossil fuels.
Après la mort de Lyhanna, Bruno Retailleau critique le CSM, jugé trop corporatiste, et propose une nouvelle cour disciplinaire pour sanctionner les magistrats, citant le faible nombre de sanctions prises.
SpaceX's record-breaking IPO, which targeted global retail investors, excluded South Korean investors entirely. Mirae Asset Securities, a lead underwriter, had its allocation of 2.31 million shares revoked in the final stage, sparking anger among Korean investors.
The Australian Competition and Consumer Commission (ACCC) has sued Grill'd, alleging the burger chain engaged in greenwashing by overstating donations for its Tree Day Tuesday campaign. The ACCC claims Grill'd misrepresented that $1 from every Tuesday burger would be donated, when restrictive terms meant only 4% of sales qualified, resulting in only $250,000 donated over three years.
Lincraft will close its remaining 28 stores across Australia and New Zealand, affecting around 300 staff, as it transitions to an online-only business model after over 80 years of operation.
Mirae Asset Sharekhan's Somil Mehta recommends Oberoi Realty, HDFC Life Insurance, Blue Star, and Phoenix Mills for June 16, 2026, citing technical breakouts, positive momentum indicators, and strong support levels. Investor wealth surged Rs 18.15 lakh crore as markets rallied on cooling West Asia tensions.
China's retail sales dropped 0.6% in May, the first decline in over three years, signaling a deepening economic slump. Urban investment also contracted more than expected, while industrial output rose, showing a K-shaped growth model.
유럽 개인 투자자들이 스페이스X 공모주식 6억 달러를 배정받았으며, 이는 청약 물량의 4배 이상이었습니다. 영국 투자자들은 더 높은 비율을 배정받았습니다.
An investigation into the death of Baby Justin raises questions about why an inquest was never held. A One Nation official with a history of racist social media posts is revealed. Locals discuss the impact of a shark attack. Cape Verde shocked Spain in the World Cup.
An investigation into the death of Baby Justin raises questions about why an inquest was never held. A One Nation official with a history of racist social media posts is revealed, and locals react to a shark attack. Cape Verde shocked Spain in the World Cup.
Retail investors received a fraction of SpaceX shares requested in its IPO, leading to mixed reactions. Some sold immediately, while others plan to hold long-term, despite concerns over the company's $2 trillion valuation and upcoming lockup expirations.
SpaceX shares rose sharply post-IPO, driven by Elon Musk's projection of $1 trillion annual revenue by 2030. The company raised $75 billion in its record IPO, with retail investors playing a key role. Crypto markets also saw increased activity in SpaceX-linked derivatives.
Mike Ashley's Frasers Group has launched a takeover bid for Australian footwear business Accent Group, offering 65 Australian cents a share. This follows a recent near-€2bn offer for Hugo Boss, highlighting a spree of acquisitions by the British billionaire.
Australian pharmaceutical group Sigma Healthcare has dropped its $10bn pursuit of UK retail chain Boots, stating the deal would not meet its strategic and capital investment objectives. The withdrawal extends uncertainty for the 177-year-old chain, which was put up for sale in 2022. Sigma shares rose 6% on the news.
A managing director of an independent retail business highlights the severe challenges facing small businesses, including rising costs and declining disposable income, mirroring the crisis in the restaurant industry. She calls for urgent government action to prevent widespread closures.
Suite à la mort de Lyhanna, Bruno Retailleau critique le CSM et propose une cour disciplinaire pour les magistrats, estimant que les sanctions actuelles sont inefficaces. Parallèlement, la Cour de cassation rouvre la voie à un procès pour meurtre concernant le policier impliqué dans la mort de Nahel, faute de justification de la requalification des faits. Enfin, la Défenseure des droits alerte sur la crise de la protection de l'enfance, avec 46 recommandations pour l'État.
SpaceX's IPO highlighted the ambiguity in crypto exchanges' equity-linked instruments. Products ranged from actual shares to tracker certificates and perpetual futures, each with distinct risks and ownership claims.
Bruno Retailleau propose la création d'une "cour disciplinaire de la magistrature" pour sanctionner les juges, estimant que les mécanismes actuels sont inefficaces. Il cite le cas de Lyhanna et le faible nombre de sanctions prises par le CSM.
An analysis of 652 token listings since January 2025 reveals that retail investors have lost half their stake on average, with a median return of -82%. This highlights the risks associated with new token listings on major exchanges.
SpaceX's IPO on Friday saw massive trading volume and a closing price above $160, resulting in a market capitalization exceeding $2.1 trillion. Despite initial concerns about retail allocation, the stock opened at $150 and closed nearly 20% higher, with analysts discussing its potential to redefine mega-cap stocks.
