• U.S. stocks are declining due to geopolitical tensions and inflation concerns.
• SpaceX's $1.8 trillion IPO is generating significant interest but faces skepticism about its valuation. • $Oracle(ORCL.US) earnings beat expectations, but its stock fell due to cautious revenue guidance. • May's inflation rate rose to 4.2%, potentially keeping the Federal Reserve from raising interest rates soon. • SpaceX received its first analyst coverage with a $165 price target ahead of its IPO. • New power company ERock debuted but saw a 13% drop in stock price on its first day. • Two low-budget horror films directed by Gen Z filmmakers are outperforming major studio releases at the box office.The copyright of this article belongs to the original author/organization.
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