Author: Money Mechanics

SpaceX (SPCX) rang the opening bell at the Nasdaq Stock Market on Friday June 12 to celebrate its highly anticipated and largest initial public offering in Wall Street history.A historic bell-ringing ceremony took place at both Nasdaq MarketSite in Times Square and SpaceX’s Starbase facility in Texas. SpaceX Chief Operating Officer Gwynne Shotwell celebrated the company’s transition to the public markets after 24 years as a private entity.”Today, we make history again — and we have a history of making history. We’re about 22,000 strong, and thanks go to all of you for hanging in there, for keeping a straight…

Article published at 8:45 a.m. CTJJ Kinahan is Senior Vice President, Head of Retail Expansion and Alternative Investment Products at Cboe Global Markets, Inc. (Cboe).Key Takeaways:Trading is all about SpaceX IPO todayMarkets embrace possible ‘great settlement’ with IranAdobe’s losing two top executives as well as share valueBuckle up! Investors – and anyone paying the least bit attention to the markets today – will witness history as SpaceX’s initial public offering hits the tape. All eyes will be on the IPO that will not only create a new class of millionaires and the world’s first trillionaire, but an entire economic sector…

The U.S. Department of Housing and Urban Development is aiming to update definitions for manufactured housing, in a bid to make prefab homes easier to build.HUD released a proposed rule on Friday morning that would revise certain definitions of manufactured housing. The reinterpretation of the rules could remove the requirement that all sections of manufactured houses be built on a permanent chassis. The multipart housing bill Congress is on the brink of passing, the 21st Century Road to Housing Act, also includes a similar change.Proposed rules are open to public comment for 60 days before the agency refines them. HUD…

A practical way to think about artificial intelligence (AI) investing is to break down the value chain and identify bottlenecks, where demand exceeds available capacity.These imbalances matter because companies controlling the constrained part of the ecosystem often gain pricing power and experience surging demand.If you’re an investor, you probably know by now about several bottlenecks emerging from the AI boom. Electricity demand, for example, has turned utility stocks into indirect AI plays because they generate and transmit the electricity that powers datacenters. From just $107.88 $24.99 for Kiplinger Personal Finance Become a smarter, better informed investor. Subscribe from just $107.88…

With Amazon’s Prime Day event set for June 23 to 26 and retailers rolling out competing summer sales, shoppers are seeing no shortage of opportunities to save. But while many stores are relying on limited-time promotions to drive purchases, Costco is taking a different approach by quietly lowering prices on some of its Kirkland Signature products.The warehouse club recently confirmed price reductions on several popular items across food, household goods and sporting equipment categories. Unlike temporary sale events that last just a few days, these lower prices are part of Costco’s ongoing effort to deliver value to members while maintaining…

Summer often brings higher discretionary spending. A weekend trip to the beach, extra outings with friends or that must-have ice cream machine can quickly eat into your budget. But summer can also be an ideal time to build savings without making major lifestyle changes.Because the holiday season is still months away, even small weekly contributions can add up over time. Whether you’re building a holiday fund, boosting your emergency savings or paying down debt, setting aside a little money each week can make a difference.The goal of a summer savings challenge isn’t to eliminate fun. It’s about being intentional with…

In-brief analysis June 12, 2026 The SunZia Wind Project, the largest wind farm in the United States, began commercial operations this month. The wind farm, located in New Mexico, has a total net summer generating capacity of 3,650 megawatts (MW) and is composed of 916 wind turbines. SunZia’s capacity is more than three times larger than the next two largest wind farms, Alta Wind in Southern California (1,098 MW) and Great Prairie in northern Texas (1,027 MW). The SunZia Wind Project works with a high voltage transmission line to deliver the wind power generated to…

Texas is a seller’s market right now, but only if your numbers can survive a buyer’s flashlight. The state economy is enormous, buyers are active, and money is moving. The but is that Texas buyers tend to be deal-savvy. They ask for documentation, they verify, and they walk away from anything that smells like a surprise. Most failed Texas deals I have seen didn’t die over price. They died over a tax certificate nobody requested, a lease that wouldn’t transfer, or books that mixed the owner’s truck payment in with cost of goods. Before you do anything else, it helps…

Cesar Cadenas/ZDNETFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAdjusting a router’s antenna can help boost Wi-Fi signals.The ideal setup depends on your home space, potential obstacles, and the angle of the antennas.For optimal performance in a multistory home, place the antennas at 30 degrees and the router in a central location.The more things change, the more they stay the same.When I was a kid, I had to constantly adjust the rabbit-ear antenna on my old CRT TV to get a clear picture. As technology advanced, I figured those days were behind us. Most people watch their favorite shows…

Research shows that most high-net-worth (HNW) clients are already charitable. They donate to causes they care about, support organizations in their communities and often want philanthropy to play a meaningful role in their legacy.Yet many lack a cohesive giving strategy that ties charitable giving to clearly defined objectives and integrates within their broader financial and estate plans. Bridging the gap between intention and strategy is where advisers can provide real, differentiated value.Recent data highlights how much HNW clients really value these discussions. According to the 2026 TPI Study of The Philanthropic Conversation, 88% of HNW clients consider it important to…