The article centers on SpaceX’s IPO at a market value of about $2.2 trillion, with a price-to-sales ratio of 130—far above Nvidia, Apple and Microsoft. Analysts broadly question whether the valuation reflects a bubble, pointing to large losses and governance shortcomings. It also argues that passive funds would be compelled to add the stock as it enters major indexes. By setting SpaceX against Nvidia, Apple and Microsoft, the piece frames the listing as a wider challenge to the current tech-stock valuation model.

Yash Highvoltage Limited will hold an Extraordinary General Meeting to vote on a preferential issue totalling about ₹15.1 crore, covering 12,62,131 new equity shares and 8,32,177 convertible warrants priced at ₹721. The company said the proceeds are earmarked to expand 550 kV Resin-Impregnated Paper (RIP) and Oil-Impregnated Paper (OIP) transformer bushing capacity. It also disclosed that related entities including Negen sold a 2.27% stake via open-market transactions.

The eyes of the global semiconductor industry are locked on Micron Technology, Inc. (NASDAQ: MU) as it prepares to report its fiscal third-quarter 2026 financial results on Wednesday, June 24, after the market close. This critical print marks Micron's very first earnings report since crossing into the exclusive $1 trillion market capitalization club in May 2026.

Grayscale Head of Research Zach Pandl said Strategy’s growing preferred-stock obligations could create a structural cash-flow squeeze. He warned the company’s $15.5B preferred stack and roughly $1.5B in annual dividends may compel repeated Bitcoin sales, challenging Michael Saylor’s accumulation thesis, according to Grayscale.

A faith-based coalition delivered a letter signed by 82 Catholic leaders to Senate Majority Leader John Thune and Minority Leader Chuck Schumer urging opposition to Section 604 of the CLARITY Act. The group said the provision’s DeFi carve-out would create dangerous anti-money-laundering gaps that traffickers could exploit.

Micron Technology is set to report fiscal third-quarter results after the close on Wednesday, with Wall Street looking for earnings of $20.76 per share on $35.75 billion in revenue. An analyst said Micron’s outlook for DRAM, NAND and high-bandwidth memory (HBM) will influence how aggressively memory makers expand capacity, which can flow through to demand for ASML’s EUV and ArFi lithography tools. ASML is not a memory-chip maker, but its systems are a key step in producing advanced memory chips. ASML shares are up 52.82% year to date, while Micron is ranked in the 99th percentile for Momentum.

Brent crude futures slid 1.8% to $75.71 a barrel on June 24, their lowest level since February 27, while WTI fell 1.5% to $72.13, the weakest since March 3. The drop followed a U.S.-Iran ceasefire deal and signs shipping through the Strait of Hormuz is normalising, including three very large crude carriers transiting, alongside a 60-day U.S. sanctions waiver for Iran that boosted expectations Iranian crude could return to the market within weeks. U.S. crude inventories fell by 765,000 barrels, according to API data, but the drawdown did little to offset expectations of looser supply conditions.

Crypto markets are stabilizing after BTC slid in tandem with tech stocks. ETH USD continued to frustrate traders by underperforming expectations. The moves underscore how Bitcoin and Ethereum are increasingly trading like high-beta tech assets.