SpaceX (SPCX.O) shares rose more than 10% on Tuesday, pushing the company's market value above Amazon (AMZN.O) to become the world's fifth-largest firm; if gains hold through the close, market cap would be roughly $2.8 trillion. Swissquote senior market analyst Ipek Ozkardeskaya called the valuation "completely nonsensical," saying recent buying looks speculative. Options on SPCX began trading Tuesday with standard monthly expiries and strikes from $25 to $380. SpotGamma founder Brent Kochuba wa

2026-06-16

SpaceX (SPCX.O) shares rose more than 10% on Tuesday, pushing the company's market value above Amazon (AMZN.O) to become the world's fifth-largest firm; if gains hold through the close, market cap would be roughly $2.8 trillion. Swissquote senior market analyst Ipek Ozkardeskaya called the valuation "completely nonsensical," saying recent buying looks speculative. Options on SPCX began trading Tuesday with standard monthly expiries and strikes from $25 to $380. SpotGamma founder Brent Kochuba warned that heavy call demand could force market makers to buy SPCX stock amid thin liquidity, said index-related buying may increase next week, and that additional free float is unlikely to reach the market for another 1–2 months.

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2026-06-16

The State Administration for Market Regulation (SAMR) says China’s internet advertising industry has rapidly evolved into a data-driven, tech-enabled ecosystem but continues to face legacy problems (low creativity, hype-driven promotion) and new risks including AI misuse and excessive traffic chasing. SAMR issued a Notice on Deepening Internet Advertising Ecosystem Governance, formally advancing the concept of “internet advertising ecosystem governance” and setting five priorities: strengthen th

2026-06-16

German Association of the Automotive Industry (VDA) president Hildegard Müller said the European Parliament has finally approved the EU-US tariff deal and it must now be formally ratified without delay. She said all parties must honor the agreement reached last summer and that, once the EU fulfills its commitments, President Trump will withdraw his current tariff threat.