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Analyst Singh says SpaceX’s acquisition of Cursor and a potential IPO could further cement its position as an AI infrastructure provider and programming agent. He projects xAI’s share of SpaceX revenue to rise from about 17% now to above 50% by end-2

2026-06-12

Analyst Singh says SpaceX’s acquisition of Cursor and a potential IPO could further cement its position as an AI infrastructure provider and programming agent. He projects xAI’s share of SpaceX revenue to rise from about 17% now to above 50% by end-2026, with xAI sales reaching roughly $30bn by 2027. Singh adds those sales could support a $300bn–$400bn valuation for the business unit.

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2026-06-12

[Futures Hotspot Tracking] Malaysian palm oil futures halted their three-week winning streak; despite export recovery, the downward trend could not be stopped. What is the palm oil market worried about?

[Futures Hotspot Tracking] Malaysian palm oil futures halted their three-week winning streak; despite export recovery, the downward trend could not be stopped. What is the palm oil market worried about?
2026-06-12

WTI crude oil fell below $85 per barrel for the first time since April 17, down 2.50% on the day, after Iranian media released new details of the Iran-US memorandum of understanding.

WTI crude oil fell below $85 per barrel for the first time since April 17, down 2.50% on the day, after Iranian media released new details of the Iran-US memorandum of understanding.
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