Episode 2026-06-14

You are listening to Seven Horns A I, your A I powered market update. Today is Sunday, June fourteenth, twenty twenty-six, and we are looking back at a highly eventful week on Wall Street, while setting the stage for what is shaping up to be a critical week ahead. On Friday, the major averages closed on a constructive note to wrap up the week, though June remains a down month overall, sitting lower by about two point four percent. Looking at Friday's closing levels, the S&P five hundred rose point five percent to end at seventy-four hundred and thirty-one. The Dow Jones Industrial Average added point seven percent, closing at fifty-one thousand two hundred and two, while the Nasdaq Composite ticked up about point three percent to finish at twenty-five thousand eight hundred and eighty-nine. The big headline of the day, and indeed the week, was the historic debut of SpaceX on the Nasdaq. As the largest initial public offering in history at seventy-five billion dollars, the stock opened at one hundred fifty dollars, well above its initial price of one hundred thirty-five, and popped nineteen percent to close near one hundred sixty-one dollars. This brings SpaceX's valuation to roughly two point one trillion dollars, making Elon Musk the world's first trillionaire. This landmark debut injected risk-on energy into the broader tape and also boosted Tesla, which gained one point eight percent on the session. Geopolitical optimism also supported equity markets as potential peace