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June 20, 2026: Great 12 Weeks

Summary by Sophic Capital
Last week, Dow Jones climbed 0.7%, S&P 500 rose 0.9%, and Nasdaq composite gained 2.4%. Nasdaq has gained in ten of the past twelve weeks, and S&P 500 in eleven. SpaceX finalized its US$60 billion acquisition of AI coding startup Cursor. Nvidia announced a US$25 billion bond offering, its first since 2021, in order to fund surging AI infrastructure and private investments like OpenAI. Fox is buying Roku for US$22 billion. Salesforce agreed to ac…
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Sophic Capital broke the news on Saturday, June 20, 2026.
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