• SpaceX surges in debut: SpaceX (SPCX) jumped 19% to close at $161 after raising $75B in the largest IPO ever, lifting its valuation to $2.1T. Australian mining billionaire Gina Rinehart invested more than $1B. Elon Musk says that the company will take in $1T in revenue by 2030. Sources: CNBC / CNN / WSJ / Reuters.
• Anthropic forced to curb new models: The U.S. ordered Anthropic to shut down foreign access to its latest advanced models, Fable 5 and Mythos 5, following security concerns. The company then revoked all users' access as a precaution. Anthropic is currently negotiating with the government, which believes that China may already have access to Mythos. Sources: Bloomberg / CNN / WSJ / Semafor.
• Fox buys Roku: Fox (FOXA) is acquiring Roku (ROKU) in a $22B cash-and-stock deal. The transaction expands Fox’s streaming reach to more than 100M households, boosts ad-targeting capabilities, and is expected to generate $400M in annual cost savings. Source: Reuters.
• Salesforce buys Fin: Salesforce (CRM) is acquiring AI agent platform Fin for about $3.6B. The deal strengthens its Agentforce offering and expands enterprise deployment of autonomous AI agents across customer service channels. Source: Reuters.
• DOJ clears media merger: The Justice Department approved Paramount Skydance’s (PSKY) $110B acquisition of Warner Bros. Discovery (WBD), removing a key regulatory hurdle. Though the deal still faces reviews in Europe and potential challenges from state attorneys general, Paramount gained 5% premarket. Source: CNBC.
• AmEx buys TheFork: American Express (AXP) is acquiring Tripadvisor’s (TRIP) restaurant booking platform, TheFork, for $700M in cash. The deal expands AmEx’s dining network to 75,000 venues and strengthens its fast-growing international business. Source: Reuters.
• Vanguard tops ETF market: Vanguard has overtaken BlackRock (BLK) as the largest U.S. ETF issuer, managing $4.39T in ETF assets after attracting $291B of inflows this year. Source: Bloomberg.
• OpenAI investigation opened: OpenAI said it will cooperate with a reported multi-state investigation after a coalition of state attorneys general subpoenaed information about topics including advertising, user data, and protections for minors and seniors. Source: CNBC.
• ByteDance expands AI chip sourcing: ByteDance is in talks to buy at least 50,000 AI chips from Iluvatar CoreX and is also considering Baidu's (BIDU) Kunlunxin chips. The move highlights growing adoption of Chinese AI hardware amid U.S. export restrictions. Source: Reuters.
• JetBlue expands Fort Lauderdale hub: JetBlue (JBLU) is accelerating growth at Fort Lauderdale after Spirit’s collapse, targeting up to 150 daily peak-season flights, more international routes, and a new airport lounge as it seeks a return to profitability. Source: CNBC.
• China warns Walmart unit: China’s market regulator ordered Walmart’s (WMT) Sam’s Club to eliminate food safety risks across its supply chain after identifying recent issues. The move adds regulatory scrutiny as Sam’s Club continues expanding rapidly in China. Source: Reuters.

SpaceX is now one of the most closely watched companies on the public market.

GraniteShares now offers two ways for active traders to take a view on it.

SPAL, the 2x Long SpaceX Daily ETF, seeks daily results of twice the performance of SpaceX shares. SNK, the 2x Short SpaceX Daily ETF, seeks twice the inverse.

Both seek 2x daily participation in a single ticker, with no margin account required. They're designed for short-term, tactical positioning rather than long-term holding. Know the risks before you trade.

• Consumer confidence strengthens: U.S. consumer sentiment rose 9% in June, its first increase in 3 months. Still, confidence remains historically weak, with inflation and affordability pressures continuing to weigh on households. Source: CNN.
• Oil prices fall on Iran deal: Oil prices dropped about 5% after the U.S. and Iran announced a framework peace deal that would reopen the Strait of Hormuz. Experts warn that shipping disruptions may take weeks to normalize. Source: BBC.

• Trump threatens French tariffs: President Trump warned France to scrap its 3% tax on U.S. tech firms or face 100% tariffs on wine and champagne imports. Source: NY Post.
• Britain secures Japanese investment pact: The U.K. and Japan agreed to a $24B investment package focused on infrastructure, financial services, offshore wind, and advanced technologies. Source: BBC.

• U.S. & Iran secure peace accord: Washington and Tehran agreed to an interim peace deal that would end military operations and reopen the Strait of Hormuz. The deal, set to be signed on Friday, does not include a framework for ending Iran's nuclear program. Sources: WSJ / BBC.
• Russia strikes historic cathedral: Russian airstrikes killed 5 rescuers in Kharkiv, Ukraine, and wounded at least 20 more people in Kyiv. The Dormition Cathedral, which is part of the Pechersk Lavra religious complex, was set ablaze in the attacks. Source: NPR.
• Two aircraft accidents: A skydiving aircraft crashed shortly after takeoff in Missouri, killing all 12 people on board. Separately, 6 people, including U.S. pop star Oliver Tree, perished in a helicopter collision in Brazil. Sources: NY Times / CNN.
• Switzerland nixes population cap: Swiss voters rejected a proposal to cap the population at 10M, easing business leaders' concerns about labor shortages and preserving economic ties with the E.U. Source: Reuters.
• U.K. plans teen social media ban: British Prime Minister Keir Starmer is expected to announce a ban on social media use for children under 16, alongside broader restrictions on online platforms. Source: AP.
• Bankman-Fried loses appeal: An appeals court tossed FTX founder Sam Bankman-Fried's appeal of his fraud conviction and 25-year prison sentence, calling him the "driver of one of the largest frauds on record." Source: Forbes.

• 8:30 AM: NY Empire State Manufacturing Index
• 9:15 AM: Industrial Production MoM
• 10:00 AM: NAHB Housing Market Index
• Tuesday: Building Permits Prelim., Housing Starts
• Wednesday: Retail Sales MoM, Fed Interest Rate Decision, FOMC Economic Projections, Fed Press Conference

• There are no major recent earnings to report today, but you can check the earnings calendar for a complete list.

Jabil (JBL) will report Wednesday.

• Analysts estimate revenue of $8.63B (+10.31% YoY).
• EPS is estimated to be $3.08 (+20.78% YoY).
• Financials · As Reported · Metrics

Accenture (ACN) will report Thursday.

• Analysts estimate revenue of $18.76B (+6.01% YoY).
• EPS is estimated to be $3.71 (+6.30% YoY).
• Financials · As Reported · Metrics

The Kroger Co. (KR) will report Thursday.

• Analysts estimate revenue of $45.39B (+0.59% YoY).
• EPS is estimated to be $1.58 (+6.04% YoY).
• Financials · As Reported · Metrics

• Estimated Thursday, June 18: First Carolina Financial Services, Inc. (FCBM), a financial services company with $231.98M in TTM revenue and 28.2% revenue growth YoY.
• Estimated Thursday, June 18: Kardigan, Inc. (KARD), a cardiovascular ​drug ‌developer.
• Estimated Friday, June 19: MetaOptics Ltd (MOT), a Singapore-based optical lenses maker with $613,198 in TTM revenue and 891.2% revenue growth YoY.