Episode

Chip Stocks Rally Ahead of SpaceX IPO

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
Jun 11, 2026
Duration seconds
95
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Summary

Chip stocks rebound as investors eye SpaceX’s record-breaking IPO, potentially worth $1.8 trillion, while Oracle plummets 9% amid AI funding news. Geopolitical tensions flare with U.S. strikes on Iran, yet oil and yields dip—signaling markets are tuning out short-term chaos. Wednesday’s broad selloff saw all major indexes tumble, and strategists are quietly shifting portfolios away from tech ahead of possible AI market cooling. Watch for today’s producer price index for fresh economic clues. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/df4859288c7b046f