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S&P 500
7,628.14
+17.60 (+0.23%)
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Dow Jones
51,276.67
+84.43 (+0.16%)
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NASDAQ
27,178.93
+69.11 (+0.25%)
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Market close: June 16, 2026
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Breaking News
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Fed expected to hold rates steady this week as rate
hike talks heat up and US strikes a deal with
Iran
Kevin Warsh will preside over his first interest
rate-setting meeting as Federal Reserve chair on
Wednesday, when the central bank is expected to hold
rates steady.
All eyes will be on Warsh as Fed watchers try to discern
his views, his personal credibility, and how he will
position the Fed in the current landscape.
The committee is facing hotter inflation readings as the
conflict in Iran has pushed inflation higher.
"While Warsh is generally perceived as dovish, he will
inherit a committee that has become noticeably more
hawkish," said Greg Daco, chief economist at
EY-Parthenon.
"Warsh's first challenge will not be steering the
committee toward easier policy, but demonstrating that
his decisions are grounded in economic fundamentals
rather than political considerations."
Inflation has persisted above the Fed's 2% target for
more than five years.
The latest Consumer Price Index reported headline
inflation breaching 4% in May — the highest level in
three years — while prices businesses paid soared 6.5%.
"Core" inflation, excluding energy prices, rose nearly
3%.
Yahoo
Finance
reports.
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Image source: Pexels
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EdgeUp
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🛰️ SpaceX Heads Toward Fourth Day of Gains Since
Record IPO
SpaceX shares are poised for a fourth straight day of
gains, reinforcing the company's place among the world's
largest after it surpassed Amazon.com Inc. by market
value.
Shares of Elon Musk's rocket and AI company Space
Exploration Technologies Corp. rose 4.5% in New York
premarket trading Wednesday, signaling a slower pace of
gains than previous sessions.
The company has rallied about 49% since going public
through Tuesday's close, overtaking Amazon in value to
become the fifth-largest stock in the world, and is now
roughly $150 billion away from Microsoft Corp.
Yahoo
Finance
reports.
|
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📡 AST SpaceMobile Drops Premarket After SpaceX
BlueBird 8-10 Launch
AST SpaceMobile shares fell in early U.S. premarket
trade Wednesday.
This was after SpaceX said it had deployed three more
BlueBird satellites for the company’s direct-to-cell
network.
The service is supposed to connect regular mobile phones
to satellites, with no extra hardware.
AST shares were recently quoted at $82.25 in premarket
trade, off roughly 6% from where they finished Tuesday.
Premarket action happens ahead of Nasdaq’s 9:30 a.m.
open. At that price, AST’s market cap stood near $23.9
billion. Yahoo
Finance
reports.
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🤖 Micropolis Robotics Expands Physical AI Portfolio
with Abu Dhabi Government. Stock soars in
pre-market
Micropolis AI Robotics, a leading UAE-based developer of
autonomous mobile robots and AI-enabled systems, today
announced a five-year agreement with the Department of
Municipalities and Transport in Abu Dhabi for the
design, production, deployment, operation, and
maintenance of a Physical AI-powered autonomous urban
cleaning ecosystem.
The agreement marks another significant milestone in the
adoption of Physical AI technologies across public
infrastructure and municipal services.
The project will commence with an initial deployment of
AI-powered autonomous sweepers, creating the foundation
for broader implementation of intelligent robotic
services across Abu Dhabi's urban environments.
Globe
Newswire
reports.
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📱 Why Is AST SpaceMobile Stock Gaining
Wednesday?
AST SpaceMobile Inc. stock rose more than 6% in
Wednesday’s premarket session after the company
successfully launched three more BlueBird satellites,
marking another milestone in the buildout of its
space-based cellular broadband network.
The move outpaced the broader market, with S&P 500
futures up just 0.1%, suggesting the rally was driven by
company-specific news rather than broader market
sentiment. Benzinga
reports.
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🔧 Why Is Amkor Technology Stock Soaring
Wednesday?
Amkor Technology Inc. stock climbed nearly 6% in
Wednesday’s premarket session after the company
announced a long-term partnership with Taiwan
Semiconductor Manufacturing Co. Ltd. to expand advanced
semiconductor packaging capacity in the United States.
Broader market sentiment also supported the move. Ahead
of the opening bell, Nasdaq futures gained 0.65%, while
S&P 500 futures rose 0.15%.
Dow futures were little changed. The positive backdrop
added to the momentum following the partnership
announcement.
Benzinga
reports.
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Trading Strategies
|
with Bob Iaccino, Chief
Market Strategist and Co-Founder of Path
Trading Partners.
|
Two Points Are All You Need to Turn a Trend Line
Into a Trade
A trend line that just shows you the trend is
decoration. I use two points instead of the usual three:
an initiating point that marks where the move starts,
and a defining point that sets the line's angle.
When
that line breaks and holds, that's my entry, and the
defining point becomes my first target since it's
already a real level on the chart, not a guess. I also
watch for the kiss goodbye, when price retests a broken
line before continuing, often giving a cleaner second
entry.
Weekly trend lines carry more weight than daily
for me, and daily more than four hour, with shorter
timeframes used only to fine tune an entry, never to
replace it. That's the framework, and it's built to turn
a line on your chart into an actual trade.
|
Read the full post
|
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|
Top 5 Movers in Early Pre-Market
|
(All pricing and percent gains are based on Early
Pre-Market from 4:00 AM to 7:00 AM ET)
Stock Analysis reports.
|
|
Total gain: +210.61%
|
|
2) CLWT: Euro Tech
Holdings Company Limited
Total gain: +160.00%
|
|
3) LNAI: Lunai Bioworks
Inc.
Total gain: +58.52%
|
|
4) SDOT: Sadot Group Inc.
Total gain: +45.56%
|
|
5) CLPT: ClearPoint Neuro,
Inc.
Total gain: +40.93%
|
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Today’s Economic Dates
|
|
Time (ET)
|
Report
|
Period
|
|
8:30 AM
|
U.S. retail sales
|
May
|
|
8:30 AM
|
Retail sales minus autos
|
May
|
|
10:00 AM
|
Pending home sales
|
May
|
|
View
more
|
|
|
Yesterday's Biggest Movers
|
|
The closing price of the top three market percent
gainers trading near or above $3 on
June 16.
|
All pricing and percent gains are based on regular
market trading hours from 9:30 AM to
4:00 PM ET
Stock Analysis reports.
|
1) SLBT: SL
Science Holding Limited
Total gain: +166.97%
The stock appeared to be moving on no notable news.
|
|
|
Total gain: +82.26%
The stock appeared to be moving on no notable news.
|
|
3) LPRO: Open
Lending Corporation
Total gain: +48.10%
The company announced that they have entered into a
definitive agreement
whereby ANV will acquire all outstanding shares of
Open Lending common
stock for $3.15 per share through an all-cash tender
offer. The transaction price
represents a premium of approximately 78% to Open
Lending's 90-day volume
weighted average price (VWAP) as of June 15, 2026,
the last trading day prior
to the announcement of the transaction. The offer
provides compelling and
immediate value for Open Lending stockholders. Globe
Newswire
reports.
|
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Refer a Friend & Earn Together
|
|
Did you know that it pays to invite your friends to
TradeZero?
|
|
When they fund a new account with us, you’ll both
receive $100 USD. T&Cs apply.
|
|
Learn
more
|
|
|
Today’s Notable Earnings
|
Estimate and Actual numbers represent Earnings Per Share in US
Dollars
|
|
|
JBL
Jabil
Q3 2026
|
Before Market Open
Estimate: 3.090
Actual: N/A
|
|
|
|
KMX
CarMax
Q1 2027
|
Before Market Open
Estimate: 0.940
Actual: N/A
|
|
|
|
SB
Safe Bulkers
Q1 2026
|
After Market Close
Estimate: 0.110
Actual: N/A
|
|
View more
|
|
Enjoying the DailyEdge?
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|
Recommend our 5-minute daily digest to a friend by
sharing
this
link.
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|
|
Parting Thoughts
|
|
“We suffer more often in imagination than in
reality.”
|
|
– Seneca
|
|
Sourced in: Letters from a Stoic
— GoodReads.
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SIPC. Investing involves risk, including the
possible loss of principal.
The information in this newsletter
summarizes the latest market activity and
related news and are provided for
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educational purposes only and should not be
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