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[Stake @hellostake]

Scheduled maintenance update: We'll be making some platform updates tonight between 5pm and 8pm (AEST). You may notice temporary disruptions to your holdings or when accessing Stake AUS.

[Stake @hellostake]

https://t.co/MrWqqPIbTB

[Stake @hellostake]

Hey @shaunwor fair question - we’d love to offer it.

We looked into getting access for Stake customers, but we don’t have an allocation available at this stage. We’ll keep pushing, and when SpaceX does list publicly, we’ll ensure to have it available to trade on Stake!

Until then: hey @elonmusk why didn’t you write back?

[Stake @hellostake]

SpaceX is likely going public on 12 June under the ticker $SPCX. It’s targeting a US$1.75T valuation after pulling just US$18.78B. Is that a reasonable valuation?

Maybe not for a rocket company, but SpaceX is more than that now. We break down the 6 things you might have missed from the IPO filing.

https://t.co/uAO3NvfEm0

[Stake @hellostake]

@parrpometer Hi @parrpometer as soon as SpaceX is available to trade on the secondary market, you'll be able to place orders through Stake. You'll soon be able to add the ticker to your watchlist - keep an eye out on our SpaceX IPO blog via our website for regular updates!

[Stake @hellostake]

@chillstacker Should have topped our list! Glad you enjoyed them.

[Stake @hellostake]

Monday update -- what's happening this week? 👀

1. Oil prices hit a two-week low on Monday after Trump said the U.S. and Iran had 'largely negotiated a peace deal to reopen the Strait of Hormuz.

2. Australia’s key inflation data for April is out Wednesday, while U.S. Core PCE Price Index figures – the Fed’s preferred inflation gauge – are due Thursday along with GDP.

3. U.S. earnings -- Dozens of U.S. firms are reporting this week, including Marvell ($MRVL), HP ($HPQ), Salesforce ($CRM), Snowflake ($SNOW), Costco ($COST) and Dell ($DELL).

4. South Korea's market rally isn't showing signs of slowing, with the KOSPI Index up 82% YTD. That's largely been driven by memory chip firms, including Samsung and SK Hynix.

5. U.S. holiday Heads up: Wall Street is closed Monday for Memorial Day, so liquidity may be thinner globally early in the week. The London Stock Exchange (LSE) is also closed.

[Stake @hellostake]

Heads up: We’re making some platform updates on Stake. You may notice temporary disruptions to your holdings or when accessing Stake AUS from midnight tonight through to Saturday.

[Stake @hellostake]

SkinKandy ($SK1) listed this week on the ASX. While the ASX hasn’t seen many IPOs lately, SK1’s solid first-day performance could be a sign of improving sentiment.

On its first day of trading yesterday, shares rose 6.82% and closed at A$2.35. In today's session, it lifted as much as 4.58% during the morning run.

[Stake @hellostake]

Hey there! As soon as SpaceX becomes available to trade on the secondary market, Stake customers will be able to submit orders for it.

One thing to keep in mind: even when a company lists or IPOs on a certain date, trading often doesn’t begin right at market open. For high-profile listings, it can sometimes take several hours before shares begin trading. This delay is normal and usually occurs while exchanges and underwriters finalise pricing and balance market demand.

That means even if an IPO is scheduled for a specific day, the stock may not become available to trade until later in the session. You’ll soon be able to add the ticker to your watchlist.

You can also keep an eye on our Space X IPO blog via our website – we’ll update it with all the latest information.

[Stake @hellostake]

SpaceX has finally made its IPO filing public.

Key details: It will list on the Nasdaq under the ticker $SPCX as early as 12 June.

Up to 30% of the IPO is expected to be allocated to retail investors, three times the standard for an offering of this size

The filing reveals Elon Musk owns 93.6% of SpaceX's Class B stock, which carries 10 votes per share, giving him 85% of total voting power.

Musk could receive an additional 1B shares if he takes SpaceX’s value to US$7.5T and sets up a human colony on Mars.

[Stake @hellostake]

More details in our blog ⬇️
https://t.co/U12nd7ha89

[Stake @hellostake]

Commentary attributed to Kylie Purcell, Senior Markets Analyst at Stake.

Not financial advice.

[Stake @hellostake]

Woolworths’ Q3 results highlight a shift in how growth is being generated in the supermarket sector. Woolworths is still seeing sales growth, with total and food sales higher than this time last year - group sales rose 4.5% to $18.1 billion, with Australian Food, the core of the business, up 5.9%. This tells us grocery demand is still resilient even as households come under inflationary pressure. Against a backdrop of higher food prices and the ACCC’s scrutiny of supermarket discounting, what’s interesting is that this growth is being driven by volume not price.

[Stake @hellostake]

The conflict in the Middle East doesn’t appear to have impacted sales numbers yet, but it’s starting to show up in cost pressures on suppliers, fuel costs and freight. The next few months will give a better picture of whether Woolworths is forced to absorb more of those costs.

The timing of today’s price freeze on 300 staples is telling, but is unlikely to completely ease public annoyance.

[Stake @hellostake]

Not financial advice. As always, please do your own research.

[Stake @hellostake]

The S&P 500 closed at fresh records on Friday and Monday, bringing its 12-month tally of new highs to 40.

[Stake @hellostake]

Each layer arrives on its own timeline. And each wave creates both winners and crowded trades. The multiplier effect for portfolios involves finding the next constraint before the crowd does.