EXELON CORP (EXC) Stock News

EXCLUSIVE: Pakistan and Kuwait discuss expanded defence pact, sources say  Reuters

EXCLUSIVE: Iran tells Houthis to close Red Sea gateway if US hits power network, sources say  Reuters

EXCLUSIVE: US strikes on Iran strengthen Trump's options for new escalation, officials say  Reuters

Brancous LP1, a shareholder of Braemar Hotels & Resorts, criticizes the Board for wasting company resources attacking shareholders instead of negotiating a lower Ashford termination payment. The shareholder claims the Board is pursuing a 'stealth liquidation' through asset sales to trigger a $480 million Change of Control payment to Ashford, which Brancous estimates at $7.00 per share. Brancous demands the Board declare a special dividend of at least $1.00 per share, renegotiate the Ashford payment, and allow shareholders to elect an independent Board.

EXCLUSIVE: NATO's Rutte says alliance reunited at Ankara summit after Trump 'quarrel'  Reuters

EXCLUSIVE: China lifts fuel export curbs for July, sources say  Reuters

EXCLUSIVE BOJ dissenter Asada needs demand-driven inflation before backing rate hike  Reuters

EXCLUSIVE: Beijing is looking at curbing overseas access to China's top AI models, sources say  Reuters

EXCLUSIVE: Saudi Arabia considers expansion of oil pipeline to Red Sea, sources say  Reuters

EXCLUSIVE: UAE crude output nears record following OPEC exit, sources say  Reuters

EXCLUSIVE: Inside Taiwan's nightmare scenario: Chinese blockade, earthquake, sabotage and invasion  Reuters

Flexible Solutions International (FSI) announced it has traded its remaining 19.9% stake in FL LLC to recover exclusive rights to manufacture and sell four agricultural products across Latin America, Central America, the Caribbean, and South America. The move follows an acquirer's failure to meet payment obligations on a previous 30.1% equity sale. CEO Dan O'Brien expects significant revenue recovery in the second half of 2026.

EXCLUSIVE: Iran exploring oil sales to Japan, buyers seek longer sanctions waiver, sources  Reuters

EXCLUSIVE: Kuwait sharply boosts crude production in June after US-Iran deal, source says  Reuters

EXCLUSIVE: China's Hengli scraps West African, Mideast oil purchases and cuts output, sources say  Reuters

EXCLUSIVE: ECB considers lifting banks' minimum reserves to lessen own losses, sources say  Reuters

EXCLUSIVE: Turkey says NATO adjusting to security landscape, US not withdrawing  Reuters

MEXC has launched the TradFi Gala, a month-long Futures trading campaign offering 1,000,000 USDT in rewards with 0-fee trading on selected pairs. The campaign reflects surging demand for AI infrastructure and semiconductor stocks, with MEXC's May Stock Futures volume increasing 105% month-over-month and Micron (MU) Futures volume surging 1,002%.

EXCLUSIVE: Iraq warns it might leave OPEC if oil quota not raised, sources say  Reuters

EXCLUSIVE: Dubai enlists businesses to help secure hub status after Iran war shock  Reuters

MEXC released May 2026 TradFi Futures trading data showing significant growth across U.S. stock-related products. Stock Futures trading volume increased 105% month-over-month, with semiconductor stocks like Micron (MU) surging over 1,000% and SanDisk (SNDK) up 757%. Index and ETF products also saw strong demand, with SPX500 and NAS100 becoming the most actively traded products. The platform expanded its global stock product matrix to cover over 140 equity-related assets and 160+ traditional financial assets total.

EXCLUSIVE: Iran's Revolutionary Guards set up covert Iraqi cells to attack Gulf neighbors, sources say  Reuters

Following SpaceX's IPO, traders are expanding their 'all things Elon' investment strategy beyond Tesla to include the space company. Direxion has launched a leveraged 2X bull ETF (LOFF) for SpaceX, mirroring its successful Tesla ETF (TSLL) strategy. The IPO is attracting unprecedented retail and institutional investor interest, suggesting strong demand for Musk-linked investments.

Direxion CEO Douglas Yones warns that SpaceX's valuation is primarily sentiment-driven rather than fundamentally justified. While the company benefits from being the largest IPO ever, Elon Musk's leadership, and AI investment hype, Yones cautions that if investors begin demanding cash flows commensurate with the valuation, SpaceX could face weakness. The company's fundamentals may not support its current lofty valuation in the long term.

Defiance ETFs CIO Sylvia Jablonski argues that investors are undervaluing SpaceX by viewing it solely as a rocket company rather than a multi-platform infrastructure business spanning launch, communications, defense, AI connectivity, and data services. She highlights Starlink's massive addressable market and positions SpaceX as an AI infrastructure play. Defiance launched a 2X leveraged SpaceX ETF (SPCU) to provide amplified daily exposure to the stock.

WisdomTree's Christopher Gannatti argues that SpaceX's IPO presents a unique valuation challenge because the company operates across multiple business segments—rocket launches, satellite broadband (Starlink), and AI infrastructure—that don't fit neatly into existing categories. This complexity will likely create persistent disagreement among analysts about fair value, potentially generating both volatility and investment opportunities.

SpaceX may be strategically choosing not to prioritize profitability, instead reinvesting heavily in Starship and AI infrastructure to drive long-term growth. This mirrors Amazon's historical approach of accepting near-term losses for future opportunities. Experts argue the company could be profitable today if it reduced capital expenditures, but investors are willing to accept this strategy based on the company's ambitious vision.

As investors debate whether Space Exploration Technologies Corp’s (NASDAQ: SPCX ) blockbuster valuation can be justified, one space economy expert says they may be focusing on the wrong metric . The bigger story isn’t that SpaceX isn’t profitable. It’s that the company may be choosing not to be. “It’s the Amazon play,” Micah Walter-Range , co-developer of the VettaFi Space Index tracked by the Procure Space ETF Procure Space ETF (NASDAQ: UFO ) , told Benzinga in exclusive email interview. Profitability Vs. Growth SpaceX’s lack of profits has become a key talking point following its public debut. But Walter-Range argues the company could potentially improve its bottom line today if it were willing to slow some of its most ambitious projects. “Considering the recently announced revenue streams from data center capacity leases to Anthropic and Google , the AI side of the business could be profitable if it brings capex down to a level below revenue,” he said. The same logic applies to the ... Full story available on Benzinga.com

SpaceX is set to debut on public markets on June 12, 2026, with an IPO price of $135 per share, valuing the company at approximately $1.75 trillion. A Benzinga poll shows 87% of viewers expect the stock to open above the IPO price, citing strong demand exceeding available shares. However, 49% of respondents indicated they would not buy at valuations above $1.75 trillion.

Vivakor announced a joint venture with Monarch R&P Management to commission and operate its Houston-area Remediation Processing Center, with commercial operations expected in Q3 2026. The company also secured a one-year crude oil transaction for approximately 100,000 barrels per month through Cushing Terminal, valued at roughly $108 million annualized.