Author: BostonNewsletter.com Est. 1704
The Space Exploration Technologies (SPCX 3.55%) initial public offering (IPO) was a major success. Initially, the company (commonly known as SpaceX) targeted a $1.77 trillion valuation, enough to fund a $75 billion capital raise. Today, SpaceX’s market cap is closer to $2.5 trillion, with total IPO proceeds ending up at around $86 billion. Demand for the IPO far outstripped available supply. On June 5, it was reported that underwriters had received orders for twice the amount of shares they were authorized to sell. Actual demand on June 12, the date of the IPO, may have been four times higher than supply.…
Gavin Newsom has pledged to publicly release all his tax returns as governor in a dramatic development in the ongoing Department of Justice probe into his family’s finances. Newsom’s office said Friday it is “working to prepare” the governor’s tax returns spanning his current term in office as federal officials reportedly investigate his wife Jennifer Siebel Newsom’s finances and other individuals close to the governor. They would not confirm when the released would happen. Newsom had vowed to release annual tax returns during his 2018 campaign for governor, calling it a “moral duty” in what was viewed as a shot…
Exchange-traded funds have been around for more than three decades, but if new fund launches are any clue, growth in the category is still strong. A record 1,490 exchange-traded products opened from the start of 2025 through April 2026 — bumping up the total of listed ETFs in the U.S. today to more than 5,100.And investors are piling in. More than 15 of the newly minted ETFs each have more than $1 billion in assets already. “For a new fund to get even close to $1 billion in assets in its first year is rare,” says Todd Rosenbluth, head of…
Uncontrolled immigration has resulted in social upheaval, demographic change, and a society fractured into segregated cultural enclaves. Source link
PHILADELPHIA — In front of a sold-out crowd of 68,324, Brazil started the process of getting things back on the right track with a 3-0 victory over Haiti in the 2026 World Cup group stage, but it’s a game that brings more worries than answers for Carlo Ancelotti as he looks to live up to the immense pressure that comes with managing the Selecao. The joy of Matheus Cunha’s brace was cancelled out by an injury to Raphinha as a game that started brightly for Brazil led to an uncomfortable finish. It’s also a match that saw Haiti become the first…
Asset‑Based Finance: A Different Approach To Income, Diversification And Risk Source link
Photo via: America 250 OAN Commentary by: Theodore R. Malloch Friday, June 19, 2026 To truly celebrate our monumental American birthday of two and a half centuries, we should honor our past by preserving and advancing its future. The best way to do so, is to ask how we as citizens can renew our American ideals. Lists… now we all have our own lists. To-do lists, action lists, shopping lists, lists for this, and lists for that. Whether it is Ten Commandments, seven habits or nine suggestions, people have been making lists to keep score or form culture since time immemorial. …
Vanderbilt sold about $320 million of tax-exempt bonds through a Tennessee authority in 2024. Some of those securities that are due in 2035 traded Tuesday for a yield of about 3.06%, only slightly above the 2.83% benchmark for top-rated munis, according to data compiled by Bloomberg. Source link
The conflict’s ambiguous end is likely to encourage miscalculations. Source link
PHILADELPHIA — That’s more like it from Brazil.After a disappointing start to its World Cup campaign, the Seleção looked more like a team capable of a deep run this summer with its dominating 3-0 defeat of Haiti on Friday, June 19 at Lincoln Financial Field that could have been worse except for two goals ruled out for offside.Advertisement“This was a full match” Brazil manager Carlo Ancelotti said. “We had many opportunities of scoring more goals but all in all a good match.”The comfortable win put Brazil atop Group C with one match left in group play and, more importantly, damped…