Forget about the May inflation report! The most anticipated event of the week, if not the year, is slated for Friday, June 12. This will mark the debut of Elon Musk's artificial intelligence (AI) and space economy conglomerate, SpaceX, which is raising $75 billion with its initial public offering (IPO) . The Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , Nasdaq Compos...
Forget about the May inflation report! The most anticipated event of the week, if not the year, is slated for Friday, June 12. This will mark the debut of Elon Musk's artificial intelligence (AI) and space economy conglomerate, SpaceX, which is raising $75 billion with its initial public offering (IPO) . The Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , Nasdaq Composite (NASDAQINDEX: ^IXIC) , and Nasdaq-100 have been abuzz ahead of this historic event. Aside from raising the bar for the largest-ever cash raise, we've witnessed a flurry of rule changes by brokerages and the committees that oversee index inclusion ahead of SpaceX's public debut. Image source: Getty Images. Continue reading
Another liquefied natural gas shipment from Qatar transited the Strait of Hormuz over the weekend, according to ship data, even as tension in the region threatens a broader peace deal between the US and Iran. The Al Daayen tanker, which loaded at Qatar’s Ras Laffan export plant in late-February, was spotted east of Oman on Monday heading to China, according to ship-tracking data compiled by Bloomb...
Another liquefied natural gas shipment from Qatar transited the Strait of Hormuz over the weekend, according to ship data, even as tension in the region threatens a broader peace deal between the US and Iran. The Al Daayen tanker, which loaded at Qatar’s Ras Laffan export plant in late-February, was spotted east of Oman on Monday heading to China, according to ship-tracking data compiled by Bloomberg. The tanker stopped broadcasting a signal around June 5, when it was idling near Ras Laffan in the Persian Gulf. The Strait of Hormuz has remained virtually shut as the US and Iran struggle to agree on a peace deal, with both sides enforcing a de facto blockade on a waterway that normally handles about a fifth of global LNG supply. Vessels face security threats, forcing LNG exporters to ask them to turn off transponders to avoid detection. So far, only eight other LNG shipments have been identified making it through Hormuz since the US and Israel started strikes against Iran at the end of February. That compares to roughly three tankers exiting the waterway on a daily basis before the war began. The latest transit comes as Israel and Iran exchanged missile strikes on Monday, despite US President Donald Trump calling for both sides to stop fighting and give peace talks a chance. Read More: The Iran War Is Pushing the Global Gas Trade Into the Shadows Seapeak, which manages Al Daayen, and QatarEnergy didn’t respond to requests for comment. The tanker has primarily exported fuel from Qatar over the last decade, according to data compiled by Bloomberg.
Williams is one of the most successful athletes to ever take part in tennis, but she’s also been steadily building her collection of properties for many years.
Williams is one of the most successful athletes to ever take part in tennis, but she’s also been steadily building her collection of properties for many years.
Nurix Therapeutics ( NRIX ) shares surged on Monday after the company entered a global collaboration and licensing agreement with Roche ( RHHBY ) to develop and commercialize bexobrutideg, a potential best-in-class oral BTK degrader, in a deal worth up to $3B, including a $700M upfront payment. Development costs will be shared 40% by Nurix and 60% by Roche. The parties will equally split the profi...
Nurix Therapeutics ( NRIX ) shares surged on Monday after the company entered a global collaboration and licensing agreement with Roche ( RHHBY ) to develop and commercialize bexobrutideg, a potential best-in-class oral BTK degrader, in a deal worth up to $3B, including a $700M upfront payment. Development costs will be shared 40% by Nurix and 60% by Roche. The parties will equally split the profits and losses from U.S . commercialization. Nurix and Roche will co-commercialize bexobrutideg in the United States across all indications, the companies said . Outside of the United States , Roche will be responsible for commercialization, with Nurix eligible to receive royalties ranging from the low- to high-teens. Nurix Therapeutics ( NRIX ) shares surged 43% in early trading. The collaboration encompasses a comprehensive clinical development plan spanning malignant hematology, immunology, and neurology intended to explore the full clinical potential of BTK degradation across diverse patient populations. In addition to executing the previously disclosed pivotal Phase 2 and Phase 3 trials in CLL, the collaboration plans to pursue multiple label-enabling studies across a range of malignant hematology indications as monotherapy and in combination regimens and to expand development into immune-mediated diseases, including Phase 2 trials in MS and CSU. More on Roche Holding, Nurix Therapeutics Roche Holding AG (RHHBY) Presents at American Society of Clinical Oncology (ASCO) Annual Meeting 2026 - Slideshow Nurix Therapeutics, Inc. (NRIX) Presents at RBC Capital Markets Global Healthcare Conference 2026 Transcript Roche Holding AG (RHHBY) Analyst/Investor Day Transcript Zealand phase 2 data on petrelintide shows durable weight loss IDEAYA to work with Roche on combo pancreatic cancer treatment
A 2x daily leveraged ETF that owns nothing but swaps on a single AI server stock did what 2x daily leveraged ETFs on single AI server stocks do when the AI server trade breaks. Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) fell 22% on June 5, 2026, closing at $23.22 after opening near $29.95. ... SMCX Sank 67% in a Year While the Underlying Stock Rose 2%
A 2x daily leveraged ETF that owns nothing but swaps on a single AI server stock did what 2x daily leveraged ETFs on single AI server stocks do when the AI server trade breaks. Defiance Daily Target 2X Long SMCI ETF (NASDAQ:SMCX) fell 22% on June 5, 2026, closing at $23.22 after opening near $29.95. ... SMCX Sank 67% in a Year While the Underlying Stock Rose 2%
President Trump is pursuing a Bernie-like interest in having the U.S. government take stakes in AI giants — not out of populism, but with a dealmaker's eye for profit.
President Trump is pursuing a Bernie-like interest in having the U.S. government take stakes in AI giants — not out of populism, but with a dealmaker's eye for profit.
From ludicrously fun 80s love affairs to outrageously scandalous drama, this has already been a year of great television. Here are our favourite shows of the year *** Continue reading...
From ludicrously fun 80s love affairs to outrageously scandalous drama, this has already been a year of great television. Here are our favourite shows of the year *** Continue reading...