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Bought SpaceX At The IPO? You’re Up 23%. Bought The Peak? You’re ‘Down Almost 25%,’ Says Mohamed El-Erian

Bought SpaceX At The IPO? You’re Up 23%. Bought The Peak? You’re ‘Down Almost 25%,’ Says Mohamed El-Erian

by Ananya Gairola | Jun 23, 2026 | General

Just days after delivering the largest IPO in history, Space Exploration Technologies Corp. (NASDAQ:SPCX) has seen more than $400 billion in market value disappear, prompting economist Mohamed El-Erian to highlight the dramatic split between early winners and late...
OPEN CEO Takes $1 Salary As $741 Million Tesla-Style Pay Package Bets On A Housing Market Turnaround

OPEN CEO Takes $1 Salary As $741 Million Tesla-Style Pay Package Bets On A Housing Market Turnaround

by Rishabh Mishra | Jun 23, 2026 | General

Opendoor Technologies Inc. (NASDAQ:OPEN) CEO Kaz Nejatian is working for a base salary of just $1 in cash, yet he has secured a staggering $741 million accounting valuation in pure stock-based “alignment”—an aggressive, milestone-driven compensation package that...
Trump Helping His ‘Big Oil Friends’ While The Planet Heats Up, Bernie Sanders Says

Trump Helping His ‘Big Oil Friends’ While The Planet Heats Up, Bernie Sanders Says

by Badar Shaikh | Jun 23, 2026 | General

Sen. Bernie Sanders (I-VT) slammed President Donald Trump on Monday, accusing the latter of promoting fossil fuels for profit while putting the planet at risk amid record heatwaves. Trump’s ‘Big Oil Friends’ In a post on X, Sanders criticized the Trump...

Nancy Pelosi’s Final Year In Congress: Stock Trading Ban Incoming? Prediction Market Bettors Don’t See It Happening

by Aniket Verma | Jun 23, 2026 | General

Prediction markets show limited optimism that a ban on congressional stock trading will pass this year, even as public scrutiny intensifies and lawmakers increase their trading activity. Not Much Action Expected This Year? A Kalshi bet gives just 6.7% odds that...

Meta Just Made A $900 Million Bet On This Indian Fintech Firm And Tapped Its Founder To Lead WhatsApp: ‘The Headline Nobody Is Printing’

by Namrata Sen | Jun 23, 2026 | General

Meta Platforms Inc. (NASDAQ:META) has committed $900 million through a Series H funding round in Indian fintech startup CRED on Monday. In a parallel move, CRED founder and CEO Kunal Shah is set to lead WhatsApp globally, strengthening Meta’s push into digital...
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