AM Edition

    Premarket briefing for 2026-06-29

    Released 2026-06-29 17:05 UTC. This version is kept as released.

    Changed since 2026-06-28

    Newly exposed assetsABBV, CMG, GS, JPM, MSFT, MUX, OBIO, SMH, TBPH, ZYME
    No longer in focusACN, AGNC, BRK.B, COP, CRCL, D, NEE, NVDA, USO
    New event typesNone
    #EventTypeExposed
    1SpaceX Announces $60B Acquisition of AI Code Editor Cursor
    Sources: SpaceX's $60 Billion Cursor Acquisition Changes Everything (2026-06-29)
    		corporateSPCX
    2SK Hynix to Raise $29B via Nasdaq Listing for Capacity Expansion
    Sources: SK Hynix Just Sent a Huge Warning to Micron Investors (2026-06-29)
    		corporateMU
    3OpenAI Considers Delaying IPO to Target $1T Valuation
    Sources: OpenAI IPO: Everything You Need to Know (2026-06-29)
    		corporateMSFT
    4VanEck Semiconductor ETF (SMH) Signals Potential Market Top
    Sources: VanEck Semiconductor ETF Is Flashing an Ominous Warning Sign (2026-06-29)
    		market structureSMH
    5Jefferies Reports Record Investment Banking Revenue Amid Mixed Q2
    Sources: Jefferies Reports Earnings Before the Big Banks (2026-06-28)
    		earningsGS, JPM
    6SpaceX Internal Launch Subsidies Question Starlink Profitability
    Sources: How SpaceX Uses a Secret Launch Subsidy to Make Starlink Look Insanely Profitable (2026-06-29)
    		market structureSPCX
    7Ford Pivots to Battery Energy Storage Systems (BESS) for AI Data Centers
    Sources: 1 Unstoppable Trend That Could Supercharge Ford Stock by 2030 (2026-06-28)
    		supply chainF
    8Study Shows 16% of Patients Return to Humira After Biosimilar Switch
    Sources: New study examines real-world switching patterns after patients transition from Humira to biosimilars (2026-06-29)
    		regulationABBV
    9Chipotle Down 53% Since 50-for-1 Stock Split
    Sources: 3 Reasons Why Chipotle Is Down 53% Since Its 50-for-1 Stock Split (2026-06-29)
    		market structureCMG
    10Zymeworks to Acquire Theravance Biopharma for $929 Million
    Sources: Zymeworks to Acquire Theravance Biopharma, Inc. (2026-06-29)
    		corporateTBPH, ZYME
    11Russell Index Reconstitution Adds New Biotech and Mining Names
    Sources: Orchestra BioMed Joins Russell 3000® and Russell 2000® Indexes (2026-06-29)
    		market structureOBIO, MUX
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    Only items that passed source verification are listed. Event descriptions are summaries of the cited reporting, not investment advice.