•Phillip Securities reiterated a Buy rating on Adobe (ADBE) with a $385 price target, citing revenue and earnings growth from Creative Cloud Pro adoption and expanding Firefly and Express users.
•Wells Fargo analyst Jason Kupferberg reaffirmed a Buy rating on Affirm Holdings with an $89 price target.
•William Blair also reiterated an Outperform rating, highlighting Affirm's growing market share in buy now, pay later and potential for US card market leadership.
•Reports indicate that the SpaceX IPO drew investor attention to the broader space economy, including Intuitive Machines (LUNR), which posted record revenue and a US$1.1 billion backlog.
•All 32 largest US banks passed the Federal Reserve's annual stress test on June 24, 2026.
•The hypothetical scenario included unemployment rising to 10%, commercial real estate prices falling 39%, home prices dropping 30%, and roughly $708 billion in total losses.