The U.S. Senate Banking Committee Advances the "Financial Transparency and Regulatory Compliance Act"

June 12: Barclays lifted its Oracle (ORCL.N) price target to $250, up from $240, and cut Adobe's (ADBE.O) target to $250 from $275. (FXStreet)

June 12 — According to The Wall Street Journal, SpaceX President Gwynne Shotwell reaffirmed the company’s commitment to its core vision of sending astronauts to Mars, even as the space firm prepares to launch regular financial disclosures and provide investors with timely updates. Shotwell underscored, “Our vision is deeply long-term. I don’t want SpaceX fixated on quarterly earnings. Investors need to recognize everything we’re doing is forward-looking. We stay mindful of the current quarter, but our eyes must remain fixed on the future ahead.”

June 12th: Per monitoring by Onchain Lens, with WTI crude oil price falling below $85, a whale has opened a 20x leveraged short position consisting of 235,245 contracts, valued at roughly $19.38 million, and is currently holding over $600,000 in unrealized profits.

June 12 (CNN) — Three sources familiar with the matter tell CNN that the signing ceremony for the U.S.-Iran Memorandum of Understanding is most likely to take place in Geneva, Switzerland. U.S. President Donald Trump made a high-profile announcement Thursday local time of what he dubbed a "great reconciliation plan" aimed at ending the conflict with Iran, noting the plan will be finalized in the coming days. He added the signing ceremony is expected to happen soon in Europe, with Vice President Mike Pence in attendance. Still, Iranian officials have not confirmed that any deal has been reached. Two other sources close to the diplomatic negotiations said Geneva was selected as the venue because it is not far from where Trump and the U.S. delegation will attend next week’s G7 Summit in France. One of those sources said the signing ceremony will mark the start of the "second phase" of diplomatic talks, during which all parties will begin implementing the memorandum. Multiple other sour

Breaking: Ahead of SpaceX’s upcoming initial public offering (IPO), the Solana ecosystem’s perpetual contract trading platform Pacifica has rolled out a 69% transaction fee discount campaign for SPCX, running through June 18. Per platform funding rate metrics, Pacifica holds the largest hourly funding rate gap for SPCX compared to Hyperliquid, with an hourly differential of 0.00107%. (For details on the Pacifica promotion, visit: https://app.pacifica.fi/trade/SPCX?referral=pacbot)

June 12, 2026 – The Hang Seng Indexes Company announced today that SpaceX will hold its initial public offering (IPO) on June 12, 2026. As a result, the Hang Seng TECH Index will add the space exploration technology firm SpaceX (ticker: SPCX.O) to its list of designated U.S. component stocks, expanding the current group dubbed the "Big Tech Seven" to include one new member. After SpaceX’s 7th day of public trading, the weights of the eight U.S.-listed component stocks will be rebalanced to an equal-weight structure following the market close on June 23, 2026. The revised index composition (adding SpaceX) and updated weightings are set to take effect on June 29, 2026 — which marks SpaceX’s 11th trading day since going public.