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S&P 500
7,610.54
+10.58 (+0.14%)
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Dow Jones
51,192.24
+113.36 (+0.22%)
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NASDAQ
27,109.82
+23.01 (+0.08%)
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Market close: June 15, 2026
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Breaking News
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SpaceX set to surpass Amazon's market cap as
post-IPO rally continues
Shares of Elon Musk's SpaceX rose more than 10% in
premarket trading on Tuesday, putting the company on
course to overtake Amazon.com in market value to become
the world's fifth-largest company, as it extended a
post-IPO rally.
The stock was last up 10.4% at $212.50, jumping more
than 57% above its $135 IPO price and giving the company
a market capitalization of nearly $2.8 trillion if gains
hold. Amazon's valuation, meanwhile, stands at $2.66
trillion.
"We can say with certainty that this valuation makes
absolutely no sense today. People are buying SpaceX in
the expectation that others will buy too and push the
price higher - that's speculation," said Ipek
Ozkardeskaya, senior market analyst at Swissquote Bank.
The company reported sales of $18.67 billion last year
and a net loss of $4.94 billion after merging with
money-losing xAI in contrast to many of Wall Street's
big technology companies that have posted bumper
numbers.
Yahoo
Finance
reports.
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Image source: Pexels
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EdgeUp
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📍 Iveda Introduces High-Precision Real-Time Location
Upgrade. Stock soars in pre-market.
Iveda—a global leader in AI-driven video surveillance
and smart city technologies—today unveiled a major
upgrade to IvedaRTLS, its AI-powered Real-Time Location
System, introducing Bluetooth Angle of Arrival (AoA)
technology capable of delivering positioning accuracy as
precise as 10 centimeters.
The enhanced platform is designed to allow hospitals,
manufacturers, and logistics operators to reduce asset
loss, improve operational efficiency, and gain real-time
visibility into critical equipment and personnel,
setting a new standard for precision tracking across
highly regulated industries.
The platform includes anchors, tags, management
software, dashboards, alarms, and API integrations to
support both personnel and asset tracking.
With anchor coverage extending more than 25 meters per
device and flexible configurations for indoor, outdoor,
and industrial environments—including wet or exposed
conditions—it is designed to deploy seamlessly across
complex operational settings.
Businesswire
reports.
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🚪 SU Group Announces Distribution Agreement with
Germany's GEZE. Climbs in pre-market
SU Group Holdings Limited, an integrated
security-related engineering services company in Hong
Kong, today announced a distributorship agreement with
Germany's GEZE, a multi-national manufacturer in
innovative door, window and safety technology for Smart
Buildings.
The agreement broadens SU Group's product and solutions
portfolio with GEZE's extensive range of advanced
building technologies, including automatic door systems,
window technology, safety systems, smoke and heat
extraction solutions, access control-related
applications and building automation capabilities. PR
Newswire
reports.
|
|
🖥️ AMD and Rackspace Technology Sign Definitive
Agreement. Rackspace up 23% in pre-market.
AMD and Rackspace Technology, a global enterprise AI
infrastructure and solutions provider, today announced
the signing of a definitive agreement for the phased
deployment of an initial 30 MW footprint dedicated to
AMD-based compute deployments across Rackspace's global
data centers beginning in late 2026 through 2028.
The agreement operationalizes the Memorandum of
Understanding announced May 7, 2026, and establishes AMD
as a strategic technology partner at the silicon layer
of Rackspace's governed AI stack.
Globe
Newswire
reports.
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📺 Why Is FreeCast Stock Falling Tuesday?
FreeCast Inc. stock tumbled in Tuesday’s premarket
trading as investors took profits following the stock’s
explosive two-day rally.
The stock soared 141.94% on Monday to close at $3.75
after the company announced an expanded distribution
agreement with DIRECTV.
However, Tuesday’s pullback suggests traders quickly
shifted their attention from the partnership to
FreeCast’s fragile financial position and recent
going-concern warning.
The decline appears to reflect profit-taking after the
sharp rally.
While the DIRECTV deal fueled speculative buying,
investors remain cautious about the company’s ability to
sustain its operations without additional funding.
Benzinga
reports.
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🌿 Why High Tide Shares Are Trading Higher By Around
19%
Shares of High Tide Inc rose sharply in pre-market
trading after the company reported a
year-over-year increase in second-quarter financial
results.
High Tide reported quarterly earnings of 1 cent per
share, versus a year-ago loss of 3 cents per share.
The company reported $130.731 million in sales, up from
$96.939 million the same period last year.
High Tide shares jumped 19.1% to $2.68 in pre-market
trading. Benzinga
reports
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Join Us Live Today
|
|
Sharpen your trading skills with free trading education
in our weekly TradeZero Live Podcasts.
Today, June 16 | 11:00 AM ET
How To Identify & Avoid the 10 Most Common Stock
Trading
Myths with Bob Iaccino
|
Save Your
Seat
|
|
|
SpaceX Makes History, But the Fed Takes Center Stage
This Week
|
with Richie Naso, a
Wall Street veteran of over 40 years and former member
of the NYSE.
|
Last week, all eyes were on the SpaceX IPO. The debut of
SPCX was, in a word, orderly. Shares opened at $150, ran
as high as $176.52, and closed at $160.95, roughly 19%
above the $135 IPO price. The stock ended the day valued
at approximately $2.1 trillion, making it the largest
IPO in market history.
Beyond the headline number, the
broader market liked what it saw. The Russell 2000 was
the standout performer of the week, breaking out to new
highs and showing real leadership for the first time in
years. High-yield bonds held up well, and risk appetite
remained healthy across the board.
This week, the biggest
event is the Fed. The FOMC meets June 17 to 18, and
while no rate change is expected, the post-meeting
statement and press conference will be watched closely
for any signals on where rates are headed in the second
half of the year.
How Treasury yields, HYG, and small
caps react will tell us a lot about whether this rally
has more room to run.
For now, the trend is higher. The bulls remain in
control.
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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.
|
1) SLBT: SL Science
Holding Limited
Total gain: +269.37%
|
|
2) TDIC: Dreamland Limited
Total gain: +43.09%
|
|
3) CRE: Cre8 Enterprise
Limited
Total gain: +36.19%
|
|
4) RXT: Rackspace
Technology, Inc.
Total gain: +25.44%
|
|
|
Total gain: +25.40%
|
|
|
Today’s Economic Dates
|
|
Time (ET)
|
Report
|
Period
|
|
8:30 AM
|
Import price index
|
May
|
|
8:30 AM
|
Import price index minus fuel
|
May
|
|
8:30 AM
|
Housing starts
|
May
|
|
View
more
|
|
|
Yesterday's Biggest Movers
|
|
The closing price of the top three market percent
gainers trading near or above $3 on
June 15.
|
All pricing and percent gains are based on regular
market trading hours from 9:30 AM to
4:00 PM ET
Stock Analysis reports.
|
|
Total gain: +141.94%
The stock appeared to be moving on no notable news.
|
|
2) CUPR:
Cuprina Holdings (Cayman) Limited
Total gain: +111.84%
The company announced that an indirectly
wholly-owned subsidiary of the
Company, Cuprina Pte. Ltd. has received 510(k)
clearance from the U.S. Food
and Drug Administration (FDA) for MEDIFLY Maggots™,
its medical-
grade Lucilia cuprina larvae used in maggot
debridement therapy (MDT). To
the Company's knowledge, MEDIFLY Maggots™ is the
first maggot
debridement product to receive U.S. FDA 510(k)
clearance using the Lucilia
cuprina species. Globe
Newswire
reports.
|
|
3) VSME: VS
MEDIA Holdings Limited
Total gain: +92.31%
The stock appeared to be moving on no notable news.
|
|
|
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
|
|
|
UXIN
Uxin
Q1 2026
|
Before Market Open
Estimate: N/A
Actual: -0.053
|
|
|
|
YQ
17 Education & Technology
Q1 2026
|
After Market Close
Estimate: N/A
Actual: N/A
|
|
|
|
WDH
Waterdrop
Q1 2026
|
Before Market Open
Estimate: N/A
Actual: N/A
|
|
View more
|
|
Enjoying the DailyEdge?
|
|
Recommend our 5-minute daily digest to a friend by
sharing
this
link.
|
|
|
Parting Thoughts
|
|
“Never confuse motion with action.”
|
|
– Ernest Hemingway
|
|
Sourced in: Hemingway quotations
— GoodReads.
|
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|
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