Esteban Tesson

Wall Street: SpaceX Takes off Nearly 20%, Elon Musk Becomes First Trillionaire

Given the SpaceX IPO (+19.2% to $161), Wall Street's closing scores were almost anecdotal, rising roughly +0.5% to validate a tenth week of gains out of the last 11 (+0.65% for the S&P, +0.6% for the Nasdaq Composite). Confidence has surged to such a level that the VIX plunged -9% toward 17.7, ending the week down -20%: clear blue skies just one week away from "quadruple witching," which could close the second quarter with record gains (+15% to +20% depending on the index).

June 13, 2026 at 03:33 pm EDT

Warner Bros. Discovery Acquisition Reaches Key Milestone in the US

The US Department of Justice (DOJ) has cleared the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, according to a source cited by CNBC. This approval represents a significant step forward for the transaction, valued at about $110bn, although certain state attorney generals may still pursue legal challenges. The DOJ is expected to formalize its decision shortly.

June 13, 2026 at 03:19 pm EDT

Roku Explores Strategic Options, Including Potential Sale

Roku is currently evaluating a potential sale of the company and is holding discussions with at least one American media group regarding a merger, according to Bloomberg News. Investors welcomed the news, sending shares of the streaming specialist up over 20% following the report. However, no agreement has been reached at this stage.

June 13, 2026 at 03:15 pm EDT

Microsoft Considers Strategic Reorganization of Xbox

Microsoft is evaluating several scenarios to reorganize its Xbox video game business, according to reports from The Information. Among the options on the table is a potential spin-off of the business or its transformation into a wholly owned subsidiary. Other paths, such as the creation of a joint venture with external partners, are also reportedly being studied as part of a broader strategic review regarding the division's future.

June 12, 2026 at 03:38 pm EDT

Elon Musk now a Trillionaire

The initial public offering of SpaceX has propelled Elon Musk to the rank of the first trillionaire in history, according to estimates based on the value of his holdings. Shares of the aerospace group debuted on the Nasdaq at $150, bringing the value of his stake in SpaceX to over $766bn. When combined with his stake in Tesla, his total fortune is estimated at approximately $1,050bn and continues to climb as the SpaceX stock surges on the market.

June 12, 2026 at 02:35 pm EDT

SpaceX Makes Market Debut in Historic IPO

The SpaceX initial public offering is dominating market attention this Friday. With a valuation approaching $1,800bn, the company marks the largest IPO in history. Despite questions regarding the complexity of its business model, investor enthusiasm remains unshaken, with the stock already gaining over 20% above its offering price.

June 12, 2026 at 01:38 pm EDT

Adobe raises guidance despite shift in financial leadership

Adobe has raised its annual revenue forecast, betting on the robust adoption of its artificial intelligence tools to drive growth. The software giant now expects full-year revenue between $26.5bn and $26.6bn, up from its previous estimate of $25.9bn to $26.1bn. Despite this improved outlook, it's shares fell about 6% following the release of the results.

June 12, 2026 at 01:46 am EDT

Honeywell targets acquisitions to accelerate industrial automation growth

Honeywell has announced its intention to prioritize strategic acquisitions worth between $2bn and $4bn to bolster its footprint in industrial automation. During an investor day in New York, Peter Lau, head of the Industrial Automation division, said that the group has identified numerous opportunities within a market estimated at approximately $35bn.

June 11, 2026 at 04:33 pm EDT

Anthropic Prepares Its Own Data Centers with Potential Support from Google

Anthropic is considering leasing and directly operating its own data centers in the US to support the rapid growth of its artificial intelligence models. According to The Information, the company has already entered into more than a dozen preliminary agreements representing a total capacity exceeding one gigawatt, a sign of the massive computing needs generated by the success of its products, notably Claude and Claude Code.

June 11, 2026 at 03:33 pm EDT

A Word in Your Ear: SpaceX, an IPO Between AI and Mars

The SpaceX initial public offering is shaping up to be an historic event. Yet, beyond the rockets and Starlink, the filing submitted to the SEC reveals a company whose future now appears as closely tied to artificial intelligence as it is to space.

June 11, 2026 at 02:58 pm EDT

OpenAI Acquires Ona to Strengthen Its Codex Programming Assistant

OpenAI has announced the acquisition of Ona, a startup specializing in secure cloud environments that allow artificial intelligence agents to access tools, systems, and contextual data. This technology is intended to bolster the capabilities of Codex, OpenAI's programming assistant, by enabling it to manage longer and more complex tasks, particularly within professional environments. The financial terms of the transaction were not disclosed.

June 11, 2026 at 02:04 pm EDT

Uber and Lyft Challenge New York Driver Protection Law

Uber and Lyft have launched a legal challenge against New York City to block the implementation of Local Law 52 of 2026, which imposes stricter regulations on the deactivation of driver accounts on ride-hailing platforms. The companies argue that the legislation, designed to combat unfair deactivations, could force them to retain drivers who pose safety risks to passengers and infringe upon their constitutional rights.

June 11, 2026 at 11:58 am EDT

Google Considers Samsung for Part of Future AI Chip Production

Alphabet is in discussions with Samsung Electronics to outsource the manufacturing of a component for its next generation of artificial intelligence chips, according to reports from The Information. The project involves a chip dubbed "Icefish," where the primary processor would be produced by TSMC, while Samsung could manufacture a module responsible for connecting the chip to memory using its 2-nanometer etching process.

June 11, 2026 at 10:40 am EDT

KKR Launches Helix, a $10bn Platform for AI Infrastructure

KKR has announced the formation of Helix Digital Infrastructure, a new venture dedicated to financing and developing the infrastructure required for artificial intelligence. Over $10bn in capital has already been committed by founding investors, including the Kuwait Investment Authority, Nvidia and power producer Vistra. The new entity will be led by Adam Selipsky, the former CEO of Amazon Web Services.

June 11, 2026 at 09:54 am EDT

APA bolsters Alaska footprint with acquisition of Savant Alaska

APA has announced the acquisition of Savant Alaska for approximately $70m to strengthen its presence on Alaska's North Slope. The deal notably includes the Badami oil facilities, which boast a production capacity of approximately 40,000 barrels per day, along with strategic midstream infrastructure designed to support the group's future development in the region.

June 10, 2026 at 02:14 pm EDT

Amazon secures $17.5bn to fund AI expansion

Amazon has secured a $17.5bn credit facility from a banking consortium including Citibank, BofA Securities, JPMorgan Chase, HSBC and Wells Fargo. According to a filing dated June 8, these funds are earmarked for general corporate purposes as the company ramps up investment in the infrastructure required for artificial intelligence development.

June 10, 2026 at 11:16 am EDT

Intel gains ground on Google and Nvidia in AI chip manufacturing

Intel could receive a major boost from Google for its foundry business. According to The Information, the group has reportedly secured an order for over three million Tensor Processing Units (TPUs) scheduled for production in 2028. The report also indicates that Nvidia is exploring the use of Intel's manufacturing technologies for a future processor integrating four graphics chips, although no formal agreement has been reached yet. This news provided strong tailwinds for Intel shares, which surged by over 12% on Monday.

June 08, 2026 at 11:35 am EDT

OpenAI and Washington Weigh Public Equity Stake in the Group

OpenAI and the Trump administration have been in discussions for over a year regarding a potential US government equity stake in the artificial intelligence firm. The talks, initiated by Sam Altman in 2025, recently continued in Washington during meetings focused on AI regulation and technological advancements. Options being explored include a grant of shares to the federal government to seed an investment vehicle inspired by the "Public Wealth Fund" project championed by OpenAI.

June 08, 2026 at 03:00 am EDT

Amazon unveils conversational robot and accelerates warehouse automation

Amazon has revealed a new iteration of its Proteus warehouse robot, now capable of understanding instructions delivered in natural language. Unveiled at the "Delivering the Future" event in London, this evolution allows employees to interact with the machine without specific technical commands. Already operational in 25 US fulfillment centers, Proteus is slated for a phased European rollout starting in 2027. The group also showcased Vulcan, a robot equipped with a sense of touch, alongside the STARK automated handling system.

June 05, 2026 at 11:17 am EDT

Lululemon seems squeezed

Long considered one of the most dynamic brands in the apparel sector, Lululemon is now navigating a more challenging period. Faced with a slowdown in discretionary spending and a saturated US market, the company posted disappointing quarterly results and has lowered its guidance, triggering a sharp 8% drop in its share price.

June 05, 2026 at 11:13 am EDT

A bright future: Why photonics is the new stockmarket darling

Long centered on raw computing power, the Artificial Intelligence revolution is now unfolding across multiple fronts, most notably in how data circulates. As models grow in size and complexity, the speed and efficiency of data exchange within data centers have become paramount concerns.

June 04, 2026 at 02:21 pm EDT