Micron $MU rose about 18% in premarket trading after fiscal Q3 revenue reached $41.46B, above the $35.91B consensus cited by earnings trackers. Non-GAAP EPS was $25.11, and Micron guided fiscal Q4 revenue to about $50B plus or minus $1B.
Cerebras reported Q1 revenue of $193.4M, up 92% year over year, but the stock fell 10% after Q2 core gross-margin guidance of 36-38% compared with 47% in Q1.
SpaceX priced a $25B inaugural senior unsecured bond offering, with settlement expected June 26. CNBC reported nearly $90B of orders, making the sale a major post-IPO credit-market test.
Rheinmetall fell 17% after reports that Germany would abandon six F126 frigates, a multi-billion-euro program where the company was expected to be lead contractor. TKMS was reported as the buyer-side winner for eight smaller Meko A-200 vessels.
SK Hynix plans to issue 17.79 million new shares behind Nasdaq ADRs valued at KRW 45.45 trillion, or $29.65B. The filing points to a July 10 trading start and a broader U.S. investor base for the AI-memory supplier.
China Resources New Energy is set to raise about RMB24.5B, roughly $3.6B, in Shenzhen after pricing at RMB10.11 a share. The online retail tranche was oversubscribed 683 times, according to Chinese market disclosures cited by FT.
Singtel sold a 2.8% stake in Gulf Development for about S$1B, or roughly $773M, through a private placement. The group expects about S$140M in cumulative equity gains and will retain a 4.95% Gulf stake valued near S$1.8B.
CRH agreed to acquire Arcosa for $150 a share in cash, valuing the infrastructure materials company at about $8.5B enterprise value. The offer implies a 25% premium to Arcosa’s 60-day VWAP as of June 18, 2026.
AbbVie agreed to acquire Apogee Therapeutics for $135.11 a share in cash, valuing the immunology biotech at about $10.9B. The deal adds zumilokibart, a late-stage IL-13 antibody for atopic dermatitis, and is expected to close in Q3 2026.
About 16 million barrels of oil moved through the Strait of Hormuz in one day, according to Vice President JD Vance, even as Iran said the route was closed again. The dispute puts a 60-day U.S.-Iran negotiating window back at the center of oil-supply risk.
USD/JPY reached 161.80 on June 19, according to CNBC, marking the yen’s weakest level since July 2024 and putting intervention risk back on traders’ screens after the Bank of Japan’s rate move.
Jio Platforms filed for an IPO after its board approved a fresh issue of up to 27 crore equity shares. CNBC identified Jio as India’s largest wireless operator and digital services provider.