Trading Accounts
Monthly Archives: June 2026
41654156156SpaceX Readies Record $75 Billion IPO
Written on June 2, 2026 at 7:25 am, by pumarketings
Key Takeaways: *SpaceX has filed for a Nasdaq listing under the ticker SPCX, targeting a valuation of $1.75–1.8 trillion and seeking to raise up to $75 billion. *Strong institutional interest is expected to be driven by SpaceX’s leadership in reusable rockets and Starlink’s rapid growth. *Pre-IPO SpaceX derivatives are trading around $197–$220, reflecting both enthusiasmContinue Reading
Bitcoin Tests $70K as Dollar Strengthens on Iran Uncertainties
Written on June 2, 2026 at 7:22 am, by pumarketings
Key Takeaways: *BTC fell 2–4% to around $71,000–$71,500, dragging the broader crypto market lower as altcoins underperformed amid widespread risk-off sentiment. *Escalating U.S.-Iran tensions, rising oil prices, and stronger U.S. economic data boosted the U.S. Dollar and reinforced higher-for-longer rate expectations, weighing on risk assets like cryptocurrencies. *Bitcoin is likely to trade within a $68,000–$75,000Continue Reading
Gold Slips as Stronger Dollar and Rate Fears Eclipse Gold’s Gain
Written on June 2, 2026 at 7:20 am, by pumarketings
Key Takeaways: *Spot gold declined around 1% to the $4,475–$4,510 range as a stronger U.S. Dollar and solid U.S. economic data reduced demand for the non-yielding metal. *Rising oil prices and renewed inflation concerns from Middle East tensions have supported expectations of prolonged elevated Fed rates, increasing real yields and pressuring gold. *A stronger-than-expected ADPContinue Reading
