ProShares Ultra Communication Services

Meta shifts to limiting internal token consumption and implementing budget management due to soaring AI costs

Shanghai Disney's Wish Hotel Officially Named, Expected to Open This Winter

Disney Tightens AI Usage Requirements, Focusing on Efficiency and Quality Over Token Consumption

US Solar Power Surpasses Coal for First Time in May 2026 Becoming Third Largest Source Driven by AI Demand

Meta AI Restructuring Sparks Internal Turmoil, Employees Protest Transfers, Zuckerberg Promotes No Further Layoffs

Google Releases 30,000-Word AI Roadmap: Defines 100M Human-Level AI as ASI

Allianz Increases Meta Stake to 87,258 Shares as Two Meta Executives Sell Positions

Meta CEO Zuckerberg admits company made mistakes in AI transition

Meta CEO Announces Limiting Team Expansion, Adjusting Structure, and Increasing Budget

Meta Plans to Tighten Employee Token Usage Amid Soaring AI Costs

Google Declines $2 Billion Quantum Funding Plan Due to R&D Timeline Conflicts

Anthropic, OpenAI, and Google Executives Confirm Attendance at French G7 Summit to Discuss AI

Great Valley Increases Meta Stake by 11.4% in Q4, Executives Sell Shares Amid India Data Center Deal

Google Adds $50 Million to Train Tech Workers, Meta Announces Similar Plan

Google's Nuvem and Sol Submarine Cable Systems Successfully Land in Bermuda

Anthropic to Secure Google Guarantee and Sign Over a Dozen Data Center Leases

Waymo Launches $30 Monthly Subscription Service with Rewards and Priority Rides

Bank of America Reaffirms Buy Rating on Meta, Bullish on AI Commercialization Driving Revaluation

Google sidelines Crusoe in Wyoming AI project amid concerns, seeks other partners

Google in Talks with Samsung to Co-develop TPU Components

Cuprina

Freecast

Paranovus ENT Tech

Regentis Biomaterials

VS MEDIA

Ambitions Enterprise

Gelteq

Jerash

FLAG SHIP ACQUISITION CORPORATION COM USD0.001 (SUB/RIGHT 31/03/2026)

Sadot

On June 12, 2026, communication services (XLC) and financials (XLF) led sector gains, while energy (XLE) and technology (XLK) lagged. This data from Benzinga Pro helps traders identify macro-level trends and over- or under-performing sectors to inform investment decisions in ETFs or individual stocks.

benzinga_article

Comm Servcies Select Sector SPDR

Spdr Select Tech

Financial Select Sector SPDR Fund

SPDR FD Consumer Discretionary

Spdr Material

SPDR FD Consumer Staples

Health Care Select Sector SPDR

Real Est Select Spdr

Spdr Select Indu

SPDR Energy Select

Leading And Lagging Sectors For June 12, 2026

FLUT

Communications-services companies rose as falling oil prices buoyed sectors dependent on discretionary spending. U.S. carriers AT&T, Verizon and T-Mobile US rose sharply. Online betting firm Flutter Entertainment plans to delist from the London Stock Exchange, leaving New York as its sole listing venue in a fresh blow to the U.K. market. Write to Rob Curran at rob.curran@dowjones.com (END) Dow Jones Newswires June 12, 2026 17:41 ET (21:41 GMT) Copyright (c) 2026 Dow Jones & Company, Inc.

MorningStar

AT & T

Verizon

Flutter ENT

T-Mobile US

Pro Ultr Bloomberg Crude Oil

Us Brent Oil

United States Oil Fund LP

VGtelecomm

VanEck Oil Refiners ETF

SPDR S&P Telecom

VanEck Oil Services ETF

ISHRS S&P Glb Engy

SPDR O&G Equip

iShares US Oil & Gas Expl & Prod

VG Energy

SPDR O&G Ex & Prd

iShares US Oil Equip & Svcs

Invesco Oil & Gas Services ETF

Direxion Daily Energy Bull 2X

Direxion Daily Energy Bear 2X

ProShares UltraShort Energy

Global X MLP

AT&T INC 5.000% DEP SHS REP 1/1000 PERP PFD SER A

AT&T Pref Share TBB 5.35 11/01/2066

AT&T INC DEP SHS EACH REP 1/1000TH PERP PFD SER C

T-Mobile USA Inc Pref Shares TMUSL 6.25 Perp 09/01/2069

T-Mobile USA Inc Pref Shares TMUSZ 5.5 Perp 03/01/2070

T-Mobile USA Inc Pref Shares TMUSI 5.5 Perp 06/01/2070

Flutter Entertainment Plc

Communications Services Up as Oil Falls - Communications Services Roundup

SPCH

SpaceX is expected to make its largest-ever IPO debut, targeting a $1.75 trillion valuation. Despite Starlink driving sales growth, the company reported a net loss of $4.94 billion last year due to aggressive spending on AI and new rocket development. The IPO pricing implies a high price-to-sales multiple compared to peers like Nvidia and Amazon, relying on future potential from its reusable Starship rocket and space-based AI ambitions.

LEVERAGE SHARES 2X LONG SPCX DAILY ETF

SPDR S&P Transp

OpenAI

NVIDIA

Amazon

Meta Platforms

Planet Labs

Rocket Lab

NVIDIA Corporation

PLANET LABS PBC C/WTS 06/12/26 (TO PUR COM)

SpaceX by the numbers: Six charts mapping businesses driving its IPO ambitions

SPCX

METW

METD

METU

SpaceX has completed the largest IPO in history, raising $75 billion at a $135 per share price. Valued at $1.77 trillion, it surpasses Meta and Tesla. Elon Musk retains 84% voting control. The company reported $4.94 billion in losses last year but generated significant revenue from Starlink. Musk's net worth is now approx. $970 billion, potentially making him the world's first trillionaire upon trading debut.

- SpaceX raised $75 billion by selling approximately 555.6 million shares at $135 each, marking the largest IPO by proceeds.  
- The company is now valued at $1.77 trillion, surpassing Tesla's worth, and is set to begin trading under the ticker SPCX.  
- Despite a reported loss of $4.94 billion last year, SpaceX's revenue from the Starlink service highlights its potential in the evolving space industry.

FiNews

SpaceX

GraniteShares 1.25 Long TSLA Daily ETF

Simplify Volt TSLA Revolution ETF

ProShares Ultra SpaceX

iShares US Telecommunications

Roundhill META WeeklyPay ETF

Guotai CSI All Share Communications Equipment ETF

Yinhua CSI 5G Communication Theme ETF

Direxion Daily META Bear 1X Shares

GraniteShares 2x Long META Daily ETF

T-Rex 2X Long Tesla Daily Target ETF

GF Fund CNI Communication ETF

GS 2x Long SpaceX Dl ETF

GS 2x Short SpaceX Dl ETF

LEVERAGE SHARES 2X SHORT SPCX DAILY ETF

Defiance Daily Target 2X Long [SpcX] ETF

Yieldmax Meta Option Income Strategy ETF

Graniteshares YieldBOOST Meta ETF

Direxion Daily Meta Bull 2x Shares

Tesla

Goldman Sachs

Morgan Stanley

Bank of America

Citigroup

JPMorgan Chase

Barclays

Deutsche Bank AG

ROYAL BANK OF CANADA

UBS Group AG

Wells Fargo

GS Hldg R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

CITIGROUP INC 6.250 NON CUM SER II PFD WI

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Deutsche Bank AG Subscription Rights

Deutsche Postbank AG

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

Even Meta Is Left Behind: SpaceX Shatters IPO Records

JPMO

The tech sector faced pressure with Apple down 3.11% and Nvidia falling 1.10%, reflecting caution in semiconductors and consumer electronics. Conversely, Communication Services and Financials gained momentum, with Alphabet up 1.38% and JPMorgan Chase rising 1.27%. Market sentiment remains mixed, driven by valuation concerns in tech and a shift toward value plays in financials. Investors are advised to brace for tech volatility and consider diversifying into stronger sectors like financials and communication services.

Investinglive

Defiance Daily Target 2X Long JPM ETF

YieldMax JPM Option Income Strategy ETF

Apple

Alphabet

Alphabet - C

Tech sector hit hard: Apple nosedives as financials and communication services gain

NFLX

NFLU

BNGE

Ellevest Inc. increased its Netflix stake by 842.7% in Q4, holding $9.16 million worth of shares. Other institutions like Apriem Advisors and Tortoise Investment Management also raised their positions. Netflix recently reported strong earnings, beating estimates with $1.23 EPS and $12.25 billion revenue. The company is expanding its ad business and acquired Ben Affleck’s AI startup InterPositive to lower production costs.

- Ellevest Inc. increased its stake in Netflix, Inc. by 842.7% in Q4, owning 97,639 shares valued at $9,155,000.  
- Institutional investors own 80.93% of Netflix, with several firms adjusting their positions recently, including Apriem Advisors and Tortoise Investment Management.  
- Netflix's Q1 earnings report showed $1.23 EPS, exceeding estimates, and the company anticipates a positive outlook with projected ad revenue growth and expanding strategies.

Market Beat

Netflix

T-REX 2X Long NFLX Daily Target ETF

First Trust S-Network Streaming and Gaming ETF

ISHRS S&P Glb Telco

Direxion Daily NFLX Bull 2X Shares

Direxion Daily NFLX Bear 1X Shares

Wedbush ETFMG Video Game Tech ETF

Invesco Leisure & ENT ETF

VanEck Video Gaming and eSport ETF

Global X Video Games & Esports ETF

Roundhill NFLX WeeklyPay ETF

PulteGroup

Mobileye Global

Ellevest Inc. Has $9.16 Million Stake in Netflix, Inc. $NFLX

AKAM

HighTower Advisors LLC increased its stake in Akamai Technologies by 132.4% in Q4, holding 25,960 shares valued at $2.27 million. Other institutions like Assetmark and Perigon Wealth also boosted positions. Analyst ratings vary: Bank of America upgraded to 'Buy' with a $175 target, while Zacks downgraded to 'Strong Sell'. Akamai recently reported Q1 EPS of $1.61, meeting estimates, with revenue up 5.8% YoY.

HighTower Advisors LLC Increases Stock Position in Akamai Technologies, Inc. $AKAM

ProShares Ultra Communication Services(LTL.US)

Leading And Lagging Sectors For June 12, 2026

Communications Services Up as Oil Falls - Communications Services Roundup

SpaceX by the numbers: Six charts mapping businesses driving its IPO ambitions

Even Meta Is Left Behind: SpaceX Shatters IPO Records

Tech sector hit hard: Apple nosedives as financials and communication services gain