July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline prices gave up an early advance and settled sharply lower on Thursday after President Trump said he canceled planned military strikes on Iran, signaling...
July WTI crude oil (CLN26 ) on Thursday closed down -2.32 (-2.58%), and July RBOB gasoline (RBN26 ) closed down -0.0085 (-0.27%). Crude oil and gasoline prices gave up an early advance and settled sharply lower on Thursday after President Trump said he canceled planned military strikes on Iran, signaling...
SpaceX (NASDAQ: SPCX) stock finally begins trading publicly on June 12. At a valuation of roughly $1.77 trillion, the company will be larger than Elon Musk's Tesla and big enough to rank among the 10 most valuable companies in the world on day one. The IPO offer price is $135 per share. So, $1,000 theoretically gets you about just shy of 7.5 shares (many brokerages today offer fractional shares). ...
SpaceX (NASDAQ: SPCX) stock finally begins trading publicly on June 12. At a valuation of roughly $1.77 trillion, the company will be larger than Elon Musk's Tesla and big enough to rank among the 10 most valuable companies in the world on day one. The IPO offer price is $135 per share. So, $1,000 theoretically gets you about just shy of 7.5 shares (many brokerages today offer fractional shares). Continue reading
Karen Bass' Brother Joins Class-Action Lawsuit Against Karen Bass over LA Wildfires Authored by Luis Cornelio via Headline USA , The brother of embattled Los Angeles Mayor Karen Bass has sued the very city government his sister leads , alleging officials failed to protect homeowners and business owners during the destructive Palisades Fire. Kenneth Bass and his wife Cindy joined a class-action law...
Karen Bass' Brother Joins Class-Action Lawsuit Against Karen Bass over LA Wildfires Authored by Luis Cornelio via Headline USA , The brother of embattled Los Angeles Mayor Karen Bass has sued the very city government his sister leads , alleging officials failed to protect homeowners and business owners during the destructive Palisades Fire. Kenneth Bass and his wife Cindy joined a class-action lawsuit in May against the City of Los Angeles, alleging the city failed to fill the Santa Ynez Reservoir when the wildfire broke out on January 7, 2025, according to multiple reports. The lawsuit, filed on May 18, was first reported by L.A. Material . It includes more than 180 plaintiffs and names multiple defendants, including the Bass-run Los Angeles Department of Water and Power. In the lawsuit, Kenneth Bass alleged he and his wife suffered smoke inhalation injuries, as well as emotional distress stemming from the destruction of their home. The couple previously owned a property with a pool and panoramic views of the Malibu Pier, according to L.A. Material. Mayor Bass has publicly referenced her family's loss, telling reporters in 2025: "The loss that you're going through, I share indirectly. It's hit my family too." Bass adviser Yusef Robb dismissed questions about the lawsuit, telling reporters that there was "nothing new here." "Thousands of people are plaintiffs in this action, which names 18 public and private sector defendants," Robb added. A spokesperson for the Los Angeles City Attorney's Office downplayed the lawsuit, saying the city is confident it is not liable for the wildfires. Meanwhile, a Frantz Law Group attorney representing Kenneth Bass told the California Post the lawsuit is part of a broader mass tort process and said his family ties are "irrelevant" to his claims. " As part of the mass tort legal process, Mr. and Mrs. Bass' names were formally added as some of the nearly 40,000 victims who suffered losses ," the attorney stated. "Their family connectio...
LOS ANGELES, June 11, 2026--Remedy Science ("REMEDY"), the dermatologist-developed, education-first skincare brand translating clinical expertise into accessible, high-performance products, today announced the closing of its Series A funding round led by L Catterton, the largest global consumer-focused investment firm, with participation from existing investor Norwest and new investor Sonoma Brand...
LOS ANGELES, June 11, 2026--Remedy Science ("REMEDY"), the dermatologist-developed, education-first skincare brand translating clinical expertise into accessible, high-performance products, today announced the closing of its Series A funding round led by L Catterton, the largest global consumer-focused investment firm, with participation from existing investor Norwest and new investor Sonoma Brands Capital.
CrowdStrike (CRWD): Great Company, Brutal Price By IPO Edge Editorial Staff A cybersecurity outage took down half the internet in July 2024. The company behind it was CrowdStrike (CRWD). Two years […]
CrowdStrike (CRWD): Great Company, Brutal Price By IPO Edge Editorial Staff A cybersecurity outage took down half the internet in July 2024. The company behind it was CrowdStrike (CRWD). Two years […]
Klarity generates 80% of its revenue from radiation therapy positioning devices. Photo: Klarity Klarity Medical & Equipment Co. Ltd. priced its initial public offering on the Beijing Stock Exchange at 15.6 yuan ($2.3) a share after a two-day book-building process, becoming only the second company in more than three years to use the exchange’s offline-inquiry mechanism. The return of book-building ...
Klarity generates 80% of its revenue from radiation therapy positioning devices. Photo: Klarity Klarity Medical & Equipment Co. Ltd. priced its initial public offering on the Beijing Stock Exchange at 15.6 yuan ($2.3) a share after a two-day book-building process, becoming only the second company in more than three years to use the exchange’s offline-inquiry mechanism. The return of book-building on the Beijing bourse, where the practice had been largely suspended since April 2023 amid valuation and liquidity concerns, underscores regulators’ efforts to make IPO pricing more market-driven and attract higher-quality technology companies.