Stocks Rally as SpaceX Soars In Debut

MRKT Matrix - Friday, June 12th

Dow gains 300 points as SpaceX soars in debut, U.S.-Iran deal nears (CNBC)

SpaceX Shares Extend Gain to 30% in Trading Debut (Bloomberg)

SpaceX hit with sell rating by CFRA shortly after IPO (CNBC)

SpaceX’s ‘out-of-this-world’ valuation supported by its rocket launch ‘moat,’ says Wolfe Research (CNBC)

Goldman and Morgan Stanley to Pocket $100 Million Each In SpaceX IPO Fees (WSJ)

After SpaceX’s huge IPO, Americans’ financial future will be bound to AI (The Guardian)

Highest Number of S&P 500 Earnings Calls Citing “AI” Over the Past 10 Years (FactSet)

For Warsh as Fed chair, silence may be the point (CNBC)

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MRKT Matrix by RiskReversal Media is a daily AI powered podcast bringing you the top stories moving financial markets

Story curation by RiskReversal, scripts by Perplexity Pro, voice by ElevenLabs