BBD Investors

  SpaceX Closes in on Amazon in Sprint Toward $3 Trillion The $3 Trillion Question Starting a company with a crazy idea, reusing rockets, something nobody had ever done. Now imagine that same company, 24 years later, being worth more than Amazon. That's exactly what just happened. On June 12, 2026, SpaceX went public in the largest IPO in Wall Street history, raising $75 billion. By June 16, just four days later, the company had surged past Amazon in market value and briefly touched a valuation near  $3 trillion . Let that sink in for a moment. A company that lost nearly  $5 billion in 2025  and another  $4.3 billion in the first quarter of 2026  is now trading in the same league as Apple, Microsoft, and Amazon. How does that make any sense? Well, that's exactly what we're going to unpack today. Because this isn't just a stock market story. It's a story about how we value the future, what we're willing to bet on, and why investors are treating SpaceX less l...

  3 Things to Know About the New Fed Chief's First Meeting The meeting where nothing changed, but everything changed. On June 17, 2026, Kevin Warsh did something that hadn't happened in nearly a decade. He walked into the Federal Reserve 's ornate boardroom in Washington, D.C., took the seat at the head of the massive mahogany table, and gaveled open his very first Federal Open Market Committee (FOMC) meeting as Chairman of the Federal Reserve. It was a moment 15 years in the making. Warsh, who had served as the youngest Fed governor in history back in 2006, was finally back, this time as the 17th person to hold the top job since the Fed was founded in 1914. And here's the thing: the rate decision itself was about as exciting as watching paint dry. The Fed held steady at 3.5% to 3.75%, exactly where rates have been since December 2025. No cut. No hike. Just... nothing. But don't let that fool you. Because beneath the surface of a boring rate decision, something s...

  Microsoft Eyes DeepSeek for Enterprise AI: 57x Cheaper Than Anthropic? Here's what every enterprise leader needs to know about the AI cost shakeup that's coming.

  “Significant Overhang” Coming: IEA Warns Oil Market Faces Massive 2027 Glut After Iran War Demand Destruction The Oil Market’s Whiplash Moment Imagine a seesaw. On one end, you've got supply, the oil that flows from the ground to the global market. On the other end, demand, the fuel that powers cars, planes, factories, and economies. For most of early 2026, the supply end of that seesaw was slammed to the ground. The Iran war had choked off the Strait of Hormuz , trapping roughly one-fifth of the world's oil supply behind a geopolitical blockade. Prices spiked. Panic spread. Governments drained their emergency stockpiles. Then something unexpected happened. The seesaw didn't just bounce back. It  overcorrected . In its June Oil Market Report, the International Energy Agency delivered a sobering forecast: the Iran war hasn't just disrupted supply, it has  destroyed demand  on a scale not seen since the COVID-19 pandemic. And here's the kicker: once supply returns...

  Wall Street Wants to Cryptofy Your Stocks, Here's What That Actually Means Waking up on a Tuesday morning and checking your phone. It's 3:47 AM. You see that Apple just announced blockbuster earnings, and instantly, your Apple shares are trading. Not at 9:30 AM when the market opens. Right now. At 3:47 AM. You could buy more. You could sell. You could use those shares as collateral to borrow money, all from your phone, all in seconds. That's not science fiction. That's the future Wall Street is building right now. The Depository Trust & Clearing Corporation, the invisible giant that processes virtually every securities trade in America, plans to launch live tokenized trading in July 2026, with a full rollout in October. The New York Stock Exchange and Nasdaq have already secured SEC approval for blockchain -based trading. BlackRock CEO Larry Fink is publicly demanding regulators clear the path. And the SEC is actively crafting a framework that would allow...

  L.A. Has One of the Deadest Downtowns in the World, Here's What's Really Going On You're standing at the corner of 7th and Figueroa on a Tuesday at noon. The sun is beating down. The buildings tower above you, glass, steel, and a whole lot of empty space. Where are the people? That's the question Angelenos have been asking for years. And now, we have data to confirm what our eyes have been telling us. Los Angeles has one of the deadest downtowns in the world . Not "one of the worst." Not "struggling."  *Deadest.  * That's the verdict from Gensler's 2026 City Pulse report , and it's a punch to the gut for a city that's supposed to be a global capital of culture, entertainment, and innovation. Let's dig into what's actually happening. Because the story behind this ranking is a lot more complicated, and a lot more human, than a single headline. The Study That Shook the City of Angels Gensler is no fly-by-night research outfit. ...

  Oil Slides on Iran Supply Hopes; Bond Yields Pushed Lower Before Warsh Debut The Day Oil Tumbled and Bonds Rallied June 17, 2026, started like any other Wednesday. Then the oil market caught fire, but not in the way you'd expect. Brent crude futures   dived below $80 a barrel  for the first time since the opening salvos of the US-Iran conflict in March. West Texas Intermediate followed suit, sinking toward $76. Over four trading sessions, oil has now posted its  longest losing streak of the year  - a staggering 15% drop. And here's the twist:  bond yields fell too . That might sound counterintuitive. Usually, when oil prices crash, it signals economic trouble, which pushes investors into bonds, and yields go  down . But this time, the story is different. This drop isn't about recession fears. It's about  supply . Lots and lots of supply. The US is set to waive sanctions on Iranian oil as part of a deal to end the war, raising the prospect of...