United Kingdom Retail Price Index (MoM) came in at 0.3%, above expectations (0%) in March

TradingKey — Cathie Wood is placing her biggest bet on Elon Musk's space empire. Latest trading records disclosed by ARK Invest show that several of its ETFs collectively acquired approximately 3.29 million shares of SpaceX (SPCX) in a single day, deploying approximately $443 million in capital.

TradingKey - The Federal Reserve will convene the FOMC meeting on June 16-17 Eastern Time, announcing its interest rate decision and latest economic projections on June 17. The current target range for the federal funds rate stands at 3.50% to 3.75%. Based on the latest U.S. CPI and non-farm payroll data, the most likely outcome of the June meeting is to keep interest rates unchanged while signaling a more hawkish policy stance.

TradingKey - Rocket Lab fell after the SpaceX IPO, but investors may be overlooking a larger catalyst. Nasdaq-100 inclusion on June 22 could bring fresh institutional demand as RKLB's backlog reaches a record $2.2 billion.

SpaceX SPCX closed its first trading day at $161.11, up 19% from the $135 IPO price, hitting an intraday high of $176.52. MSCI index inclusion begins June 13. Here's what SpaceX stock investors should watch next: lockup, Q2 earnings, Starlink growth, and xAI capex.

TradingKey - On June 12 local time, The Wall Street Journal cited people familiar with the matter reporting that attorneys general from several U.S. states have launched a joint investigation into OpenAI. OpenAI received a subpoena on the same day, requesting business documents related to user interactions, advertising strategies, data usage, and the protection of minors. Meanwhile, OpenAI's competitor Anthropic also faced an administrative ban. According to Axios, U.S. Secretary of Commerce Lutnick sent a letter to Anthropic CEO Dario Amodei, placing its two most advanced AI models, Fable 5 and Mythos 5, under the scope of export controls.