The Day Ahead North America

North American markets rallied on easing geopolitical risks after President Trump canceled Iran strikes, while focus shifts to the historic SpaceX IPO. Concurrently, AI-driven infrastructure spending is pressuring tech company balance sheets, notably at Oracle.

Key Takeaways

• 1.SpaceX is scheduled for a landmark IPO on the Nasdaq with a valuation of $1.75 trillion, marking the largest-ever U.S. initial public offering.
• 2.U.S. markets rose and bond yields fell as geopolitical tensions eased following President Trump's decision to cancel planned strikes against Iran.
• 3.Oracle shares tumbled following plans to raise $40 billion in debt and equity to fund a massive $70 billion AI infrastructure push.

Table of Contents

• Market Recap
• Coming Up
• Key Economic Events
• Market Monitor
• Top News
• Ready for Liftoff: SpaceX IPO
• Insight and Analysis
• Wealth News

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