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SpaceX IPO hype has traders flocking to this mid-cap stock
Hype for the biggest IPO of all-time is at a fever pitch and traders can't wait – literally. Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock, which it acquired through a deal providing wireless spectrum to Starlink in September. Trading activity on Wednesday was more than three times the daily average the past month, according to data from Cboe LiveVol, with more than 60,000 options...
Markets shake, money slows: Equity mutual funds see sharp dip in inflows
Equity mutual funds saw a sharp slowdown in inflows in May, falling to their lowest level in a year as geopolitical tensions in West Asia, rising crude oil prices and market volatility weighed on investor sentiment, according to data released by the Association of Mutual Funds in India (AMFI). Net inflows into equity schemes stood at Rs 22,908 crore in May, down 40% from Rs 38,440 crore in April. This was also the weakest monthly inflow since May 2025, when the segment had attracted Rs...
How did Taiwan, Seoul overtake India? Drop from 5th to 7th largest stock market - explained
In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs. But the fall to seventh rank is not just about the rallies in South Korea and Taiwan.
What next for BP? Leadership exits test investor confidence in board oversight
BP is on its third CEO and third chairman in under three years, prompting investor scrutiny of the structure and oversight of its board as the oil major works to turn itself around and adapt to the supply shock. Weeks after CEO Meg O'Neill started in April, the chairman, Albert Manifold, was suddenly dismissed in late May. The board said this was due to "serious concerns" relating to governance standards, oversight and conduct.
Jim Cramer's top 10 things to watch in the stock market Wednesday
My top 10 things to watch Wednesday, June 10 1. Stocks are headed for a lower open. Following retaliatory U.S. airstrikes, President Donald Trump said this morning that Iran is taking too long to agree on a peace deal and must "pay the price."
MLBPA sees clear distance from MLB in CBA talks
The players had long been anticipating a salary cap proposal from Major League Baseball's owners. But their lead negotiator, Bruce Meyer, believes what MLB ultimately proposed was even worse, a clear sign of the distance between the two sides just six months before the current collective bargaining agreement expires. Meyer, the Major League Baseball Players Association's interim executive director, said the league "effectively managed to cobble together the worst system for players in any...
European Parliament committee votes to scrap US tariffs
European Parliament committee votes to scrap US tariffs June 2, 2026A European Parliament committee voted overwhelmingly on Tuesday to remove EU import duties on a raft of US goods. The tariff cuts are key to complying with a US-EU trade deal that was agreed in July last year and averting the return of a trans-Atlantic trade row. US President Donald Trump gave the bloc until July 4 to ratify the deal or face higher tariffs on European goods.
Patriots linked to $31M giants pass rusher in surprise trade rumor
The New York Giants’ star player Kayvon Thibodeaux has been a constant name in the trade market for the last few weeks. Amid all the mess, the New England Patriots have now emerged as a potential landing spot for Kayvon Thibodeaux. Category | Details | Player | Kayvon Thibodeaux | Current Team | New York Giants | Rumored Teams | New England Patriots (Primary), New Orleans Saints, Kansas City Chiefs | Contract Status | Final Year of Contract (Fifth-Year Option) | Salary Cap Hit (New Team) |...
Harper on labor talks: 'Can't lose that momentum'
Fear of a tense, prolonged fight over Major League Baseball's new collective bargaining agreement were only exacerbated when owners and players unveiled their initial proposals earlier this week. The MLB Players' Association sought advances to the current economic system, including increases to the minimum salary, higher luxury-tax thresholds and an expansion of the pre-arbitration bonus program unveiled during the last labor fight. The league, representing its 30 owners, pitched something...
Bills eye former saints all-pro in potential offensive upgrade
The Buffalo Bills have been linked to another veteran offensive addition, with former All Pro running back Alvin Kamara emerging as a possible trade target ahead of the 2026 season. FOX Sports insider Greg Auman recently connected Kamara to Buffalo, though the proposed move raises questions about whether the Bills would actually be solving their biggest offensive problem. Kamara is still owed significant money, and at 30 years old, his production no longer resembles the explosive version...