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Today: June 12, 2026
Today: June 12, 2026

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Sam Bankman-Fried loses bid to overturn crypto fraud conviction

Sam Bankman-Fried on Friday lost his bid to overturn his fraud conviction and 25-year prison sentence over the collapse of the FTX cryptocurrency exchange he

Sam Bankman-Fried loses bid to overturn crypto fraud conviction
Business|Economy|Finance|Stock Markets|Technology

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks

In recent years, Elon Musk has been picky about whom he allowed to buy in to SpaceX, the rocket ship company making its highly anticipated stock market debut

How Musk's tactics left investors clamoring for SpaceX stock and ignoring risks
Business|Economy|Finance|Stock Markets|Technology|US|World

S&P, Dow open higher on Mideast deal hopes; SpaceX debut in focus

The benchmark S&P 500 and the blue-chip Dow opened higher on Friday, underpinned by hopes for an imminent Middle East peace deal, while investors geared up for the market debut of

S&P, Dow open higher on Mideast deal hopes; SpaceX debut in focus
Business|Economy|Science|Technology

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days

In the old days, companies went public early to access cash to grow. These days, soon-to-be-public companies are already flush with cash from private finance.

SpaceX raised $75B in record IPO – here’s why insiders like Elon Musk are much likelier than public stock buyers to get rocket-powered returns these days
Arts|Economy|Environment|Opinion|Science|Technology

Most Pittsburgh-area communities are losing residents – here’s why that might be OK

New census data shows population decline is spreading across America. Planning for growth may be actively making things worse.

Most Pittsburgh-area communities are losing residents – here’s why that might be OK
Health|Science|Technology

Killing cancer requires immune cells to infiltrate tumors’ hostile microenvironment – sugar shields can help them break in

CAR-T therapy engineers a patient’s own immune cells to fight cancer. Making these cels more resilient can make treatments more effective.

Killing cancer requires immune cells to infiltrate tumors’ hostile microenvironment – sugar shields can help them break in
Business|Economy|Education|Environment|Political|Science|Technology|World

Trump’s AI security order acknowledges risks but stops short of regulating industry

The executive order is voluntary for AI companies but aligns with AI safety experts on the potential for harm.

Trump’s AI security order acknowledges risks but stops short of regulating industry
Business|Economy|Finance|Stock Markets|Technology

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows

Hedge funds sold out of the biggest U.S. tech stocks, and some even added bearish positions, according to data from a JPMorgan note late Thursday, just

Hedge funds sold broader tech ahead of SpaceX IPO, JPMorgan data shows
Europe|Science|Technology|World

Ukraine's defence AI chief predicts 'new paradigm' of warfare

Warfare in Ukraine and beyond faces a paradigm shift in the coming years as artificial intelligence systems integrate into unified networks that speed up

Ukraine's defence AI chief predicts 'new paradigm' of warfare
Business|Economy|Finance|Stock Markets|Technology|World

Chips and ships

From the Editor Hello Morning Bid readers! 

Chips and ships
Business|Science|Technology|World

Tech executives to attend G7 summit as leaders address AI, online safety

AI executives from Anthropic, OpenAI, Google and Mistral AI are expected to attend next week's G7 summit, said officials from France, which is crafting an agenda aimed at

Tech executives to attend G7 summit as leaders address AI, online safety
Business|Economy|Technology|World

South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources say

South Korean memory chipmaker SK Hynix is looking to choose the Nasdaq for its planned U.S. listing, two sources familiar with

South Korea's SK Hynix to opt for Nasdaq for planned US listing, sources say
Economy|Education|Health|Science|Technology

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause

Smartphones arrived just before the US fertility rate plunged. One study says it’s a direct cause
Arts|Entertainment|Science|Technology

As UFOs go mainstream, the jury is out on what the existence of alien life might mean for religion

Steven Spielberg's new film “Disclosure Day” explores extraterrestrial life and its impact on religion

As UFOs go mainstream, the jury is out on what the existence of alien life might mean for religion
Health|Sports|Technology

Tarik Skubal, the Cleveland Browns and other athletes credit a tiny new scope for faster recoveries

Several top pro athletes and their surgeons say a modern version of an old tool is shaving weeks off the recovery time after certain injuries

Tarik Skubal, the Cleveland Browns and other athletes credit a tiny new scope for faster recoveries
Business|Economy|Environment|Europe|Technology|World

Europe's top carmakers urge simple 'Made in Europe' rules

Automakers Volkswagen, Stellantis and Renault, which account for about 60% of Europe's car output, are urging the EU to adopt a simple "Made in Europe" rule and stronger

Europe's top carmakers urge simple 'Made in Europe' rules
Arts|Crime|Economy|Education|Election|Entertainment|Environment|Europe|Finance|MidEast|Political|Sports|Technology|Travel|US|World

Evangelicals divided on Trump's war in Iran, immigration crackdown, Reuters/Ipsos poll finds

About half of evangelical Christians - a core component of President Donald Trump's political base - believe his

Evangelicals divided on Trump's war in Iran, immigration crackdown, Reuters/Ipsos poll finds
Technology|World

Pentagon lockdown and evacuation was due to a false alarm, two sources say

The Pentagon was locked down and partially evacuated on Thursday due to a false alarm by a hazardous materials sensor, two sources familiar told CNN.

Pentagon lockdown and evacuation was due to a false alarm, two sources say
Business|Economy|Science|Technology|World

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists

SpaceX's record $75 billion IPO is poised to supercharge Chinese space startups racing to fund the same technologies that have

SpaceX playbook set to fuel China's IPO ambitions but tech gap persists
Business|Economy|Finance|Technology

U.S. bank regulators ramp up scrutiny of AI use at financial companies

U.S. banking regulators are stepping up scrutiny of how lenders deploy artificial intelligence as the developing technology sweeps through the industry,

U.S. bank regulators ramp up scrutiny of AI use at financial companies
Asia|Business|Economy|Science|Technology|World

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia has told Chinese clients that its new "Vera" central processors for AI data centres could be available as soon as August and that they can begin placing orders, three

Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
Business|Economy|Entertainment|Science|Technology

SpaceX IPO makes Elon Musk the world's first trillionaire

Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in

SpaceX IPO makes Elon Musk the world's first trillionaire
Business|Economy|Environment|Health|Technology

Ford to recall more than 255,400 US vehicles over engine issue

Ford is recalling 255,404 vehicles in the U.S. over an issue with the canister purge valve, which may malfunction, causing the engine to stall unexpectedly while driving, the U.S.

Ford to recall more than 255,400 US vehicles over engine issue
Business|Science|Technology|World

Japan's struggling flagship H3 rocket returns to flight with the debut of a low-cost variant

Japan’s H3 rocket has returned to flight with the debut of its new low-cost variant

Japan's struggling flagship H3 rocket returns to flight with the debut of a low-cost variant
Business|Economy|Finance|Stock Markets|Technology

Musk's SpaceX raises $75 billion in largest IPO ever

Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at

Musk's SpaceX raises $75 billion in largest IPO ever
Business|Technology

Nvidia hires veteran lobbyist Bruce Andrews to head government affairs

By Max A.

Nvidia hires veteran lobbyist Bruce Andrews to head government affairs
Business|Economy|Finance|Technology|World

Elon Musk's SpaceX kicks off mega IPO wave with $75 billion haul

Elon Musk's SpaceX began trading on Nasdaq on Friday after the rocket and satellite maker raised $75 billion in its initial public offering, shattering records and eclipsing Saudi

Elon Musk's SpaceX kicks off mega IPO wave with $75 billion haul
Business|Economy|Finance|Science|Stock Markets|Technology

SpaceX by the numbers: Six charts map businesses behind the largest-ever IPO

SpaceX made its Nasdaq debut on Friday, capping the meteoric rise of a company that has reshaped the space business with reusable rockets and

SpaceX by the numbers: Six charts map businesses behind the largest-ever IPO
Business|Economy|Finance|Stock Markets|Technology

Adobe CFO exit fans strategy worries despite outlook raise

Adobe on Thursday announced the exit of CFO Dan Durn, adding to concerns about the Photoshop maker's strategy to navigate the crowded design industry, though the

Adobe CFO exit fans strategy worries despite outlook raise
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Peace beckons ... again

Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S.

Trading Day: Peace beckons ... again
Business|Economy|Finance|Stock Markets|Technology

Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivatives

Before SpaceX goes public, crypto exchanges are giving traders a way to make risky bets on the company's future share price.

Crypto exchanges cash in on SpaceX frenzy with pre-IPO derivatives
Business|Economy|Finance|Technology|World

Honeywell targets $2 billion-$4 billion deals, eyes industrial automation M&A

Honeywell on Thursday said it is targeting deals valued at $2 billion to $4 billion and sees scope for acquisitions in its industrial automation business

Honeywell targets $2 billion-$4 billion deals, eyes industrial automation M&A
Business|Economy|Finance|Stock Markets|Technology|World

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX

Investment leaders from four large states pressed Nasdaq and FTSE Russell for

States challenge Nasdaq, FTSE Russell for fast-tracking SpaceX
Business|Economy|Science|Technology

Musk's SpaceX prices record $75 billion IPO at $135 a share

SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk’s rocket and spacecraft manufacturer one of the

Musk's SpaceX prices record $75 billion IPO at $135 a share
Business|Economy|Finance|Stock Markets|Technology

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again

U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again
Business|Crime|Economy|Environment|Health|Science|Technology

More than 30 lawsuits filed against aerospace company in California over damaged chemical tank

More than 30 lawsuits have been filed against GKN Aerospace after one of the company’s tanks containing a highly flammable chemical overheated and threatened a catastrophic explosion in California's Orange County

More than 30 lawsuits filed against aerospace company in California over damaged chemical tank
Health|Political|Science|Technology

Inflatable IUD displayed at Mississippi Capitol to promote contraception access

Inflatable IUD displayed at Mississippi Capitol to promote contraception access

Inflatable IUD displayed at Mississippi Capitol to promote contraception access
Business|Crime|Technology|World

US Supreme Court overturns ex-Twitter employee's obstruction conviction in Saudi spy case

The U.S.

US Supreme Court overturns ex-Twitter employee's obstruction conviction in Saudi spy case
Business|Economy|Europe|Political|Technology|World

Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays

Italy will ramp up its official defence budget this year, but NATO allies should rethink military priorities as warfare is transformed by drones,

Italy's Meloni urges NATO rethink on defence spending as Rome lifts outlays
Business|Economy|Science|Technology

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports

June 11 - AI firm Anthropic is planning to lease and manage its own data centers and is seeking financial backing from Alphabet's Google for the lease payments, The Information reported on Thursday.

Anthropic pursues data center leases, seeks financial backing from Google, The Information reports
Business|Economy|Finance|Stock Markets|Technology

Oracle shares slide as hefty AI spending, debt plans spook investors

Oracle shares tumbled 12% on Thursday as surging spending and a ballooning debt load fanned investor concerns about the cash burn in the

Oracle shares slide as hefty AI spending, debt plans spook investors
Business|Crime|Health|Technology|World

Mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide

A Canadian mother sued OpenAI and its CEO Sam Altman in U.S. court on Thursday alleging that ChatGPT encouraged her daughter to commit suicide, the latest

Mother sues OpenAI, alleging ChatGPT encouraged daughter's suicide
Business|Economy|Finance|Stock Markets|Technology

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports

Asset manager BlackRock sought to buy at least $5 billion worth of shares in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on Thursday,

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares, WSJ reports
Political|Technology|World

FISA: What to know about the government’s key spy powers that are on the verge of expiration

FISA: What to know about the government’s key spy powers that are on the verge of expiration

FISA: What to know about the government’s key spy powers that are on the verge of expiration
Business|Economy|Education|Environment|Lifestyle|Technology

Girls Only Construction Camp in Florida preps students for a growing industry

Girls Only Construction Camp in Florida preps students for a growing industry

Girls Only Construction Camp in Florida preps students for a growing industry
Business|Economy|Finance|Stock Markets|Technology

SpaceX IPO draws more than $70 billion in retail orders, Bloomberg News reports

Elon Musk's SpaceX has drawn more than $70 billion in orders from retail investors for its blockbuster initial public offering, Bloomberg News reported on Thursday, citing people

SpaceX IPO draws more than $70 billion in retail orders, Bloomberg News reports
Business|Economy|Entertainment|Sports|Technology|World

Nike's World Cup play: take on Adidas and revitalize the brand

As the World Cup kicks off, Nike and Adidas are competing on and off the field. Nike needs a win.

Nike's World Cup play: take on Adidas and revitalize the brand
Business|Crime|Technology

Lyft, Uber sue New York City to block driver retention law

Lyft joined Uber Technologies in suing New York City to block a new law they said would force them to keep bad drivers who threaten public and

Lyft, Uber sue New York City to block driver retention law
Business|Economy|Finance|Stock Markets|Technology

Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook

Oppenheimer became the first global brokerage to start coverage of SpaceX, ahead of the rocket and AI company's highly anticipated $75 billion market debut on Friday.

Oppenheimer launches Wall Street's first coverage of SpaceX with bullish outlook