Esteban Tesson

Snap Launches Its First Consumer Augmented Reality Glasses

Snap has unveiled Specs, its first augmented reality glasses designed for the general public, as part of its strategy to prepare for the post-smartphone era. Set to be marketed later this year in the United States, the United Kingdom, and France, the device will be priced at $2,195, accompanied by a refundable $200 security deposit. According to CEO Evan Spiegel, the objective is to promote a more natural and collaborative form of computing, relying on transparent lenses rather than traditional smartphone screens.

June 17, 2026 at 01:42 am

L3Harris Prepares IPO for Axyv Missile Division

L3Harris Technologies has appointed JPMorgan Chase and Morgan Stanley to lead the initial public offering of its Axyv missile division, according to reports from Bloomberg. The transaction could raise up to $2bn, with a listing potentially occurring as early as next month, depending on market conditions and the progress of the filing.

June 17, 2026 at 01:02 am

Wall Street lacks direction, Dow Jones hits record high as SpaceX overtakes Amazon

US markets are trading in mixed directions on Tuesday, as geopolitical tensions in the Middle East ease and oil prices continue to fall, all while investors await the Fed's monetary policy decision tomorrow evening. The Dow Jones Industrial Average reached a new all-time intraday high, while SpaceX crossed a symbolic milestone by surpassing Amazon in terms of market capitalization.

June 16, 2026 at 11:33 pm

Wall Street Mixed as Dow Hits Record and SpaceX Overtakes Amazon

U.S. markets are trading without a clear direction on Tuesday, balanced by easing geopolitical tensions in the Middle East and a continued decline in oil prices, while awaiting the Fed's monetary policy decision tomorrow evening. The Dow Jones reached a new intraday record high, while SpaceX hit a symbolic milestone by surpassing Amazon in market capitalization.

June 16, 2026 at 11:25 pm

SpaceX Overtakes Amazon to Become the World's Fifth Most Valuable Company

SpaceX's stockmarket rally continued on Tuesday, with Elon Musk's group overtaking Amazon in terms of market capitalization. With a share price of $209.30, up over 54% from its IPO price of $135, the company has reached a valuation of about $2,750bn. It has thus become the fifth most valuable company in the world, behind only Microsoft and the three giants whose market caps now exceed $4,000bn, i.e. Nvidia, Alphabet and Apple.

June 16, 2026 at 10:34 pm

SpaceX Surpasses Amazon to Become the World's Fifth Largest Company by Market Cap

SpaceX's stock market ascent continued on Tuesday, allowing Elon Musk's group to overtake Amazon in market capitalization. With a share price of $209.30, up more than 54% from its $135 initial offering price, the company has reached a valuation of approximately $2,750bn. It now stands as the fifth most valuable company in the world, trailing only Microsoft and the three giants whose market caps have now exceeded $4,000bn: Nvidia, Alphabet, and Apple.

June 16, 2026 at 10:16 pm

SpaceX Acquires Cursor to Accelerate AI Ambitions

SpaceX has announced the acquisition of Cursor for $60bn, coming just days after its record-breaking initial public offering on the Nasdaq. Founded in 2022, Cursor has established itself as one of the most dynamic players in artificial intelligence applied to software development. Its coding assistant, capable of generating, modifying, and analyzing code, surpassed $1bn in annualized revenue in November. The finalization of the transaction is expected in the third quarter of 2026.

June 16, 2026 at 09:41 pm

Bill Ackman Prepares Four New Investments for Pershing Square

Bill Ackman has announced that he has made four new investments to be held across his various funds, including Pershing Square USA (PSUS), his recently launched listed vehicle. However, the investor did not reveal the identity of the companies involved, stating that this information would be disclosed upon the release of Q2 results.

June 16, 2026 at 01:49 pm

Wall Street rallies on Washington-Tehran accord, oil prices tumble

U.S. markets finished sharply higher on Monday following the announcement of an agreement between the United States and Iran to end hostilities between the two nations. This development also triggered a steep decline in oil prices, as investors cheered the upcoming reopening of the Strait of Hormuz. In this environment, the S&P 500 rose 1.65% to 7,554.2 points, the Dow Jones gained 0.92% to 51,671 points, and the Nasdaq 100 surged 3.06% to 30,543.9 points.

June 16, 2026 at 04:15 am

Bill Ackman prepares four new investments for Pershing Square

Bill Ackman has announced that he has made four new investments to be held across his various funds, including Pershing Square USA (PSUS), his recently launched listed vehicle. The investor did not reveal the identity of the companies involved, stating that these details will be disclosed upon the release of the second-quarter earnings report.

June 16, 2026 at 03:29 am

Jabil and Adani Partner to Develop AI Infrastructure in India

Jabil and Adani Enterprises have announced a partnership to build an integrated manufacturing platform in India for data center and artificial intelligence infrastructure. This initiative aims to meet the growing needs of cloud providers, colocation operators, and enterprises expanding their own computing capabilities, amid surging global demand for AI-related equipment.

June 16, 2026 at 02:09 am

Truist Financial Appoints Michael Lyons as CEO

Truist Financial has announced the appointment of Michael Lyons as president and chief executive officer, effective September 1. A former executive at Fiserv and past president of PNC Financial, he will succeed Bill Rogers, who has led the bank since 2021. Rogers will remain in the role of executive chairman until his scheduled retirement in 2027.

June 16, 2026 at 02:05 am

Truist Financial Appoints Michael Lyons as Chief Executive Officer

Truist Financial has announced the appointment of Michael Lyons as President and Chief Executive Officer, effective September 1. A former executive at Fiserv and former President of PNC Financial, he will succeed Bill Rogers, who has led the bank since 2021. Rogers will remain in the role of Executive Chairman until his scheduled retirement in 2027.

June 16, 2026 at 01:37 am

Nvidia Prepares $20bn Bond Offering

Nvidia is reportedly considering raising up to $20bn in the US bond market through a multi-tranche offering. This move comes amid a wave of significant financing activity amongst major players in artificial intelligence.

June 15, 2026 at 10:01 pm

Nvidia Prepares $20bn Bond Offering

Nvidia is reportedly considering raising up to $20bn in the U.S. bond market through several tranches. This move comes amid a wave of significant financing activity among major players in the artificial intelligence sector.

June 15, 2026 at 09:13 pm

Wall Street: SpaceX Takes off Nearly 20%, Elon Musk Becomes First Trillionaire

Given the SpaceX IPO (+19.2% to $161), Wall Street's closing scores were almost anecdotal, rising roughly +0.5% to validate a tenth week of gains out of the last 11 (+0.65% for the S&P, +0.6% for the Nasdaq Composite). Confidence has surged to such a level that the VIX plunged -9% toward 17.7, ending the week down -20%: clear blue skies just one week away from "quadruple witching," which could close the second quarter with record gains (+15% to +20% depending on the index).

June 14, 2026 at 03:33 am

Warner Bros. Discovery Acquisition Reaches Key Milestone in the US

The US Department of Justice (DOJ) has cleared the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, according to a source cited by CNBC. This approval represents a significant step forward for the transaction, valued at about $110bn, although certain state attorney generals may still pursue legal challenges. The DOJ is expected to formalize its decision shortly.

June 14, 2026 at 03:19 am

Roku Explores Strategic Options, Including Potential Sale

Roku is currently evaluating a potential sale of the company and is holding discussions with at least one American media group regarding a merger, according to Bloomberg News. Investors welcomed the news, sending shares of the streaming specialist up over 20% following the report. However, no agreement has been reached at this stage.

June 14, 2026 at 03:15 am

Warner Bros. Discovery Acquisition Clears Key Regulatory Hurdle in the United States

The U.S. Department of Justice (DOJ) has cleared the proposed acquisition of Warner Bros. Discovery by Paramount Skydance, according to a source cited by CNBC. This approval represents a significant milestone for the transaction, valued at approximately $110bn, although certain state attorneys general may still pursue legal challenges. The DOJ is expected to formalize its decision shortly.

June 13, 2026 at 05:07 am

Roku explores strategic options, including a potential sale

Roku is currently evaluating a possible sale of the company and is holding discussions with at least one American media group regarding a merger, according to Bloomberg News. The news was well received by investors, with shares of the streaming specialist rising more than 20% following the report. However, no agreement has reportedly been reached at this stage.

June 13, 2026 at 04:04 am

Microsoft Considers Strategic Reorganization of Xbox

Microsoft is evaluating several scenarios to reorganize its Xbox video game business, according to reports from The Information. Among the options on the table is a potential spin-off of the business or its transformation into a wholly owned subsidiary. Other paths, such as the creation of a joint venture with external partners, are also reportedly being studied as part of a broader strategic review regarding the division's future.

June 13, 2026 at 03:38 am