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Tesla jumped 8.46% on Monday, leading the Magnificent 7, as the company pushed FSD V14 Lite to Hardware 3 vehicles and expanded its Robotaxi service beyond Austin. Investors are zeroing in on Tesla's pivot from automaker to mobility-as-a-service platform.
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Alphabet officially joined the Dow Jones Industrial Average on June 29, replacing Verizon. GOOGL jumped ~4.79% to $350.24 on its first day as a Dow component, while VZ shed 5.24%.
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Rocket Lab announced a $8 billion cash-and-stock deal to acquire Iridium Communications on Monday, offering shareholders ~$54 per share at a 24.1% premium. IRDM jumped 25.44% on the day; RKLB rose ~15.9%.
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Tesla surged 8.46% and Alphabet jumped 4.79% on its Dow Jones debut as five of the Magnificent Seven closed higher Monday. The Nasdaq 100 gained roughly 2.25%, ending a five-session losing streak that had wiped out ~4.6% the prior week.
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The Dow Jones Industrial Average closed above 52,000 for the first time ever Monday, as the S&P 500 and Nasdaq bounced back sharply from last week's tech selloff. Tesla surged 8.46%, Alphabet made its Dow debut up 4.7%, and VIX slid to 17.65. June jobs data hits Thursday before Friday's…
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JPMorgan raised its year-end S&P 500 target to 7,800, citing U.S.–Iran peace progress and AI earnings momentum — while warning that speculative trading in second-tier AI names raises the odds of a flash crash.
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Cathie Wood's ARK Invest sold 570,391 shares of Alibaba on June 26 for roughly $54.2M while adding Coinbase and Palantir across ARKK, ARKW, and ARKF — the latest move in an apparent rotation out of China equities and into AI and crypto.
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SpaceX's $25 billion bond drew 3.5x demand at issuance — then promptly slid in secondary trading. The stock shed roughly 16% in three sessions, erasing most of its IPO gains.
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Google parent Alphabet (GOOGL) officially joined the Dow Jones Industrial Average before the open on June 29, 2026, replacing Verizon (VZ) after 22 years — pushing the Dow's tech weighting to nearly 18%, an all-time high for the 130-year-old benchmark. On the same day, Honeywell…
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Merck KGaA announced a $11.3 billion all-cash bid for Bio-Techne (TECH) at $73 per share — a 36% premium to the one-month VWAP and the German group's biggest deal since Sigma-Aldrich. TECH shares surged 19% intraday.
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Sunrun surged ~19% premarket on June 24 while KB Home gained ~3% on a Q2 revenue beat. On the downside, Cerebras dropped ~11% on its first post-IPO earnings — guiding for gross margin contraction — and Hertz cratered ~22% as tech led the market lower.
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Wendy's (WEN) popped as much as ~22% in premarket trading on June 24. The jump came on news of a new CFO — former Potbelly exec Steven Cirulis — combined with retail short-squeeze momentum against the heavily shorted stock. Premarket moves don't guarantee regular-session performance.