Finance

Markets, economy, and industry.

  1. Financial Markets

    SpaceX Raises About $75 Billion in Biggest IPO Ever, Shares Jump Nearly 20% in Nasdaq Debut

    SpaceX raised roughly $75 billion in the largest IPO on record, listing as SPCX on Nasdaq and closing about 20% above its $135 offering price.

    · $SPCX #space #spacex #ipo #nasdaq

  2. Financial Markets

    SEC Proposes Rescinding Order-Protection Rule (Rule 611) and Locked/Crossed-Quote Ban

    SEC proposes rescinding Rule 611 and Rule 610(e) of Regulation NMS, opening a 60-day comment period as it reviews equity market-structure rules.

    · #sec #regulationnms #marketstructure #rulemaking

  3. Financial Markets

    Strategy’s May Bitcoin Buys and SpaceX Disclosure Explain Spike in Public Corporate Holdings

    May’s rise in disclosed corporate bitcoin holdings was driven mainly by Strategy’s roughly 25,400 BTC purchases and SpaceX’s disclosure of 18,712 BTC.

    · $MSTR #bitcoin #corporate-treasury #microstrategy #spacex

  4. Financial Markets

    500 Million USDT Transferred From Binance Wallet to Tether Treasury on June 2

    Public blockchain records show a 500 million USDT transfer from a Binance-labeled wallet to Tether Treasury on June 2, part of a recurring pattern.

    · #crypto #tether #binance #stablecoin #ethereum

  5. Financial Markets

    1.35 Million SOL (~$84M) Transferred to Address Labeled 'Coinbase Institutional'

    On June 6, Whale Alert recorded 1,349,999 SOL (about $84M) moved to an address it labels 'Coinbase Institutional', a transaction traders watch.

    · #crypto #solana #coinbase #whalealert

  6. Financial Markets

    Pension funds retreat from bonds, BIS paper finds

    A BIS study finds pensions globally have reduced bond holdings and increased mutual funds and alternatives, a shift linked to falling local bond yields.

    · #pensions #bonds #mutualfunds #financialstability

  7. Financial Markets

    Citron Founder Andrew Left Convicted on Criminal Securities-Fraud Charges in Los Angeles

    Andrew Left, founder of Citron Research, was convicted by a federal jury in Los Angeles of securities-fraud charges for trading ahead of market-moving posts.

    · $NVDA #citron #andrewleft #securitiesfraud #shortselling #nvda

  8. Financial Markets

    FedEx Completes Spin-Off of Freight Unit; FedEx Freight Begins Trading as FDXF

    FedEx completed the spin-off of its less-than-truckload freight unit, distributing shares to investors and launching FedEx Freight Holding Co. (FDXF) on the NYSE.

    · $FDXF $FDX #fedex #spinoff #freight #stocks

  9. Financial Markets

    Pseudonymous Wallet Deposits $128.8 Million USDC Into Aave V3 on May 31

    On May 31 a pseudonymous Ethereum address supplied about $128.8M in USDC to Aave V3, following a similar $128.6M transfer four days earlier.

    · #aave #defi #usdc #ethereum

  10. Financial Markets

    CFTC Approves First Bitcoin Perpetual Futures Contract for U.S. Exchange; KalshiEX to List BTCPERP

    The CFTC approved KalshiEX's cash-settled bitcoin perpetual futures contract, the first formal approval for a perp on a CFTC-regulated U.S. exchange.

    · #crypto #bitcoin #cftc #derivatives #kalshiex

  11. Financial Markets

    SEC proposes to rescind 2024 climate-disclosure rule

    The SEC proposed formally rescinding its 2024 climate-disclosure rule, opening a 60-day comment period and seeking to erase the standardized climate-reporting framework.

    · #sec #climate #disclosure #regulation

  12. Financial Markets

    CFTC Staff Says Some Deribit Perpetuals Can Be Treated as Foreign Futures; Coinbase Subsidiary Gets Conditional No-Action Relief

    CFTC staff says Deribit perpetuals may qualify as foreign futures and grants Coinbase Financial Markets conditional relief to post customer crypto as margin.

    · $COIN #cftc #coinbase #crypto #deribit

  13. Financial Markets

    Costco Reports Strong Q3 Results, Sales Up 11.6% as Digital Growth Surges

    Costco posted fiscal Q3 net sales of $69.154B and net income of $2.192B; digitally enabled sales jumped 21.5% and membership fees reached $1.373B.

    · $COST #costco #earnings #retail #stocks

  14. Financial Markets

    4,180 BTC ($304.7M) Transferred From Addresses Labeled 'Coinbase Institutional' to New Wallet

    Blockchain tracker Whale Alert flagged a May 28 transfer of 4,180 BTC (about $304.7M) from addresses labeled 'Coinbase Institutional' to a new unknown wallet.

    · $COIN #bitcoin #coinbase #cryptocurrency #whalealert

  15. Financial Markets

    About $1.3 Billion Dark-Pool Block of BlackRock’s IBIT Traded as Bitcoin Fell

    A roughly $1.3bn dark-pool block of BlackRock’s IBIT changed hands May 26 as Bitcoin dipped and U.S. spot ETFs saw net outflows.

    · $IBIT $BLK #bitcoin #etf #blackrock #darkpool

  16. Financial Markets

    SpaceX Files for IPO, Revealing Starlink Profits, xAI Losses and a Super‑Voting Plan to Keep Musk in Control

    SpaceX filed for an IPO, disclosing $18.7B revenue for 2025, profitable Starlink, heavy xAI losses and a super‑voting share plan to keep Musk in control.

    · #spacex #ipo #starlink #xai #elonmusk

  17. Financial Markets

    SEC Proposes Major Rewrite of Registered Offerings and Public-Company Reporting

    SEC proposes broad overhaul of registered offerings and filer categories to ease capital raising and expand scaled reporting relief for smaller issuers.

    · #sec #securities #regulation #ipos

  18. Financial Markets

    SEC Rescinds Decades-Old 'No-Deny' Settlement Policy and Will Not Enforce Past Provisions

    The SEC removed Rule 202.5(e), ending decades of 'no-deny' settlement provisions and saying it will not enforce existing no‑deny clauses.

    · #sec #securities #regulation #enforcement

  19. Financial Markets

    UK’s FCA and Bank of England set roadmap for tokenisation and longer settlement hours

    FCA and Bank of England launch joint consultation on tokenised securities, outline RTGS sync service for 2028 and staged steps toward near-24/7 settlement.

    · #tokenisation #bankofengland #fca #settlement