Author: franperez66q@protonmail.com

Autonomous EV freight trucking company Einride rose sharply in its first day of trading on the Nasdaq. The company went public on Wednesday morning under the ticker symbol “ENRD.”Einride shares went higher by well over 100% during trading on Wednesday morning. Trading was temporarily halted by the Nasdaq mid-morning, based on its “limit up-limit-down” protocol that is triggered by rapid moves in the price of shares. Einride’s pre-equity value had fallen to $1.35 billion upon final shareholder approval of its SPAC deal with Legato Merger Corp. III last week — lower than the $1.8 billion value set when the deal was…

Jonathan Hall KC tells the BBC it was “absolutely legitimate” to talk about immigration in relation to national security. Source link

Turns out all that glitters is not gold.Selling in the precious metal just keeps getting worse, with the GLD ETF now down 25% from its intraday record in February. Options trading in the fund has turned bearish in a hurry and is now pointing toward further downside.Even after another 3% drop on Wednesday, traders sold more calls than they bought and of the $200 million in options premium traded, $130 million was tied to puts, according to data from ThinkOrSwim and SpotGamma. Of the top 10 contracts traded, eight were puts, and more than half of the put premium was…

President Donald Trump said Wednesday that the U.S. military has secretly helped 200 commercial ships and more than 100 million barrels of oil through the Strait of Hormuz. “This wildly successful effort is because the UNITED STATES of AMERICA CONTROLS the Strait of Hormuz — NOT Iran,” Trump said in a Truth Social post. “Their military is defeated, and their economy is lost.”Trump disclosed the operation earlier Wednesday during remarks to reporters in the Oval Office. He credited the clandestine exports with keeping oil prices around $90 per barrel instead of surging above $200. But ship traffic through Hormuz is…

Caterpillar (CAT) stock has mowed its way to highs amid the artificial intelligence data-center boom. Shares of the heavy equipment maker are finding support above a key line even with recent sell-offs in the broader stock market, making it the IBD 50 Stock To Watch for Wednesday. While Caterpillar shares fell during Wednesday’s session, they remained above their 50-day moving… Copyright ©2026 Investor’s Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 Source link

Ars: You’re flying Artemis III without an ICPS upper stage because you don’t need the performance to reach low-Earth orbit. But you do need a second stage simulator. What’s the status of that? Parsons: That, to me, is really cool. It’s called a spacer, and we already have the design done. Metal is already being bump-formed at United Launch Alliance, and then we’re going to weld it in-house at Marshall Space Flight Center. We expect it to show up at Kennedy Space Center no later than December, and then we’ll stack Orion on top of that. We’re in really good…

U.S. President Donald Trump displays the signed Secure America Act in the Oval Office of the White House on June 10, 2026 in Washington, DC. Alex Wong | Getty ImagesPresident Donald Trump on Wednesday signed a $70 billion bill to fund immigration enforcement agencies through the end of his term.The package to pay for Immigration and Customs Enforcement and Customs and Border Protection passed out of Congress in the last week after months of debate and delays amid Democratic concerns about overly aggressive immigration enforcement.At a signing ceremony in the Oval Office on Wednesday, Trump said the bill would “give…

SpaceX will debut under the ticker ‘SPCX’ this Friday, and its options will begin trading on Monday, June 16th. It’s a quick turnaround that leaves investors a little bit in the lurch. They’ll have little time and a small sample size of activity to judge how the world’s largest IPO will trade day-to-day over the long term, which one trader says will present the biggest hedging challenge in nearly three decades. “As an options trader, we used to do a lot of this sort of hedging around IPOs back in 2000. Back then, however, there was an entire basket of technology stocks…

President Donald Trump said Wednesday that the U.S. would hit Iran “very hard” again, escalating his public threats as he pressed Tehran to sign a deal.”We hit them hard yesterday, and we’re going to hit them hard again today,” Trump said at a White House signing event for the Secure America Act. “We’re going to be attacking them and attacking them very hard.”Trump said Iran “should sign the deal” and said that the U.S. wants an agreement “that’s meaningful and works.””We’ll see what happens with the deal,” Trump said.In response Wednesday afternoon, the head of the national security commission in…

ERock valued at $5.5 billion as energy firm’s shares fall in NYSE debut Source link