$SPCX: SpaceX shares rise after Musk predicts $1 trillion in yearly revenue

$CGC: Canopy Growth GAAP EPS of -C$0.40 misses by C$0.31, revenue of C$71.25M misses by C$3.11M

$SPCX: OHB launches $581M share sale as space sector momentum builds

$SPCX: Australia’s Gina Rinehart takes $1 billion-plus bet on SpaceX: WSJ

$Comtech Telecommunications Non-GAAP EPS of -$0.22 beats by $0.05, revenue of $106M misses by $4.2M

Lennar $LEN -2% - Shares fell after the homebuilder lowered its FY2026 home delivery forecast to 82,000-83,000 homes from approximately 85,000, citing persistent headwinds from elevated mortgage rates, affordability challenges, cautious consumer sentiment, and geopolitical uncertainty. While second-quarter results were mixed, investors focused on the softer outlook, with Lennar forecasting Q3 new orders of 21,000-22,000 homes and deliveries of 20,500-21,500 homes, both below consensus expectations. Management noted that higher energy prices and renewed inflation pressures continue to weigh on housing demand, reinforcing concerns about the pace of market recovery.

Adobe $ADBE -6% - Shares dipped despite delivering a strong FQ2 beat and raising full-year guidance, as investors appeared to be looking for even stronger signs of AI monetization. The company reported adjusted EPS of $5.96 on $6.62B in revenue, topping expectations on both metrics, while annualized recurring revenue reached $27.1B. Adobe also issued FQ3 guidance and raised its FY2026 outlook above Wall Street estimates, projecting revenue of $26.5B-$26.6B and adjusted EPS of $24.35-$24.45.

First Advantage $FA 5% - Shares rose after S&P Dow Jones Indices announced the company will replace Kennedy-Wilson Holdings (KW) in the S&P SmallCap 600 effective before the market opens on June 16. The change follows the pending acquisition of Kennedy-Wilson by a consortium led by its CEO and Fairfax Financial Holdings, which is expected to close soon. Shares of First Advantage gained as inclusion in the index is likely to drive incremental demand from index-tracking funds and ETFs.

$SPCX: Elon Musk holds options for 350M SpaceX Class B shares, filing shows

$SPCX: Leveraged SpaceX ETFs hit with one-day delay to ensure smooth IPO - report

$SPX: Stock index futures mixed as traders gear up for SpaceX IPO

$SPCX: Musk nears trillionaire status as historic SpaceX IPO values firm at $1.77T

$SPCX: SpaceX caps retail IPO allocation, shadow markets signal 35% debut surge: reports

$BABA Alibaba bids $1.5B for China grocer Pupu in fight with Meituan: report

PureCycle Technologies $PCT -14% - Shares tumbled after announcing concurrent capital raises totaling roughly $395M, including $250M of 4.75% convertible senior notes due 2032 and an equity offering of 17.7M shares priced at $8.21 per share. The company expects to receive approximately $379M in net proceeds, potentially rising further if underwriters exercise their over-allotment options.

Humacyte $HUMA -16% - Shares slid after the biotechnology company priced an underwritten public offering of 47.6M shares at $1.05 per share, raising approximately $50M in gross proceeds. Humacyte also granted underwriters a 30-day option to purchase up to 7.1M additional shares, increasing the potential size of the offering.

Navan $NAVN 19% - Shares jumped after the travel and expense management platform reported a strong FQ1 beat and raised its full-year outlook. The company posted non-GAAP EPS of $0.08, topping estimates by $0.07, while revenue of $220.3M exceeded consensus by $15M. Navan also increased its FY2027 guidance, now forecasting revenue of $907M-$913M, representing approximately 30% Y/Y growth, alongside improved profitability with non-GAAP operating income of $76M-$80M.

$ORCL: Oracle Non-GAAP EPS of $2.11 beats by $0.15, revenue of $19.2B beats by $110M

$TSLA: Tesla wins Belgium, Denmark clearance for FSD supervised software

$BABA Alibaba, JD.com shares fall as Beijing rebukes misleading discount campaigns