TRUMP SAYS ECONOMIC GROWTH DOES NOT MEAN INFLATION
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$SPCX - SPACEX IPO IS SAID TO DRAW MORE ORDERS THAN SHARES AVAILABLE
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SPACEX IPO OVER-SUBSCRIBED AHEAD OF RECORD $75B LISTING

SpaceX has already received orders exceeding available shares in its $75B IPO, suggesting strong demand shortly after marketing began. The offering, priced at $135 per share, could value the company at about $1.8T. Trading is expected to start June 12. The deal, led by major Wall Street banks, uses a rare fixed-price structure instead of a typical price range.
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KRAKEN OPENS SPACEX IPO ACCESS TO CUSTOMERS IN 110+ COUNTRIES VIA XSTOCKS
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U.S. ENERGY SECRETARY WRIGHT: U.S. TO ADD 40 MILLION BARRELS TO SPR AFTER IRAN CONFLICT IS OVER -FOX BUSINESS
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US, MEXICO, CANADA TO MISS JULY USMCA DATE, RAMPING UP TRADE TENSION
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USMCA TALKS MISS DEADLINE, TRADE UNCERTAINTY RISKS RISE

The US, Mexico, and Canada are expected to miss the July 1 deadline to renew USMCA, likely triggering extended negotiations over tariffs and trade rules, especially in autos. Officials now see ongoing “rolling” reviews rather than a full extension. The US is pursuing bilateral talks and side deals instead of formal renewal, keeping the pact in place but increasing uncertainty for nearly $2T in annual trade.
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$EBAY - RYAN COHEN PUSHES eBAY BID DESPITE REJECTION

Ryan Cohen says he remains committed to acquiring eBay, despite the board rejecting GameStop’s offer as “not credible.” He told Barron’s he may take the bid directly to shareholders and argues the deal would unlock value through cost cuts and synergies in collectibles and e-commerce. GameStop now holds a 7.8% stake in eBay. Cohen says eBay is “underearning” and insists he can improve profitability significantly.
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*BITCOIN FALLS BELOW $60,000 FOR FIRST TIME SINCE OCTOBER 2024
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TRUMP ORDERS ACTING DNI BILL PULTE TO BEGIN MASS FIRINGS AT INTELLIGENCE AGENCIES

TRUMP DEEMS OFFICE OF THE DIRECTOR OF NATIONAL INTELLIGENCE “UNNECESSARY” AND TOO LARGE
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*TRUMP: WOULDN'T MIND IF WARSH CUT INTEREST RATE
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$META - *META WEIGHS RAISING TENS OF BILLIONS IN NEW SHARE SALE: FT
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IRAN HAS LAUNCHED MULTIPLE DRONES TOWARDS THE STRAIT OF HORMUZ-CNN
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RUSSIA'S SECHIN SAYS OIL MARKETS MAY RETURN TO FUNDAMENTALS IN SECOND HALF OF 2027 IF CRISIS IS BEING RESOLVED
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KUWAIT ARMY SAYS IRANIAN ATTACK CAUSES MATERIAL DAMAGE, NO INJURIES
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IRAN FOREIGN MINISTRY: U.S. TO FACE CONSEQUENCES FOR ‘ILLEGAL ACTIONS’
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OPENAI INTENDS TO TRANSFORM CHATGPT INTO A "SUPERAPP" THAT COMBINES CODING TOOLS AND AI AGENTS - FT
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TRUMP ON FED: THERE'S NO REASON TO RAISE INTEREST RATES
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TRUMP SAYS HE WOULD NOT UNFREEZE IRANIAN ASSETS OR LIFT ANY SANCTIONS UPFRONT AS A PART OF ANY DEAL
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IRAN WARNS OF REGIONAL ESCALATION

Iranian negotiator Mohammad Bagher Qalibaf declared that a naval blockade against Iran and Washington’s support for Israel have made U.S. and Israeli assets in the region “legitimate targets.” He said Iran’s armed forces have full freedom to respond. Qalibaf also accused the U.S. and Israel of disregarding ceasefire commitments and diplomacy, arguing that their actions show they “only understand the language of power.”
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