Daily Briefing

Raunaq's World

Sunday, June 7, 2026 -- San Francisco

SF Events

Tonight
Noah Kahan at Oracle Park / Daniel Caesar at Chase Center
Two major shows tonight. Noah Kahan plays Oracle Park at 6:30 PM -- his "We'll All Be Here Forever" tour with Mt. Joy opening. Across town, Daniel Caesar is at Chase Center at 7:30 PM for the "NEVER ENOUGH" tour. Pick your lane.

Tomorrow -- Monday, June 8

WWDC 2026 Keynote

Tim Cook's final keynote as Apple CEO. The big reveal: Siri rebuilt on Gemini, iOS 27, and whatever else Cupertino has been cooking. Starts 10 AM PT. This is the AAPL catalyst everyone's watching after Friday's selloff.

Tomorrow -- Monday, June 8

NBA Finals Game 3: Spurs at Knicks

Knicks lead 2-0 and head home to MSG. Wemby went 6-for-21 in Game 1 and the Spurs have looked overwhelmed. Game 3 is do-or-die territory -- no team has come back from 3-0 in Finals history. 8 PM ET.

Coming Up

On the Calendar

Giants vs Nationals home stand starts Mon June 8. Diljit Dosanjh at Chase Center June 20-21. Fuerza Regida at Oracle Park June 20. Frameline50 film festival June 17-27. SF Pride June 27-28.

Investments

Friday Close
The Selloff
Hot jobs report killed the rate-cut narrative. Nasdaq -4.77%. S&P 500 -2.64%. The worst single session since early April. "Good news is bad news" back in full force -- strong labor market means the Fed stays put longer.

Semiconductors

Semis Got Crushed

NVDA $205.10 (-6.2%) | AVGO $385.73 (-7.9%), now 22% off ATH | TSM $415.17 (-6.7%) | ASML $1,641.74 (-6.6%). AVGO's Thursday miss on raising guidance was already ugly; Friday made it worse.

Mag 7 + Watchlist

Mega-Cap Snapshot

AAPL $307.34 (-1.25%) -- held up best, WWDC catalyst Monday. GOOGL $368.53 | MSFT $416.67 | AMZN $246.03 | META $593.00 (-5.5%) | TSLA $391.00 (-6.6%). CRWV $100.39 -- still above the hundred-dollar line.

Upcoming

SpaceX IPO Prices June 11

Roadshow kicked off Friday. Targeting a $75B raise at $1.75T valuation -- the largest tech IPO ever. Ticker SPCX, listing on NYSE June 12. This sets the tone for the rest of the year's IPO pipeline.

Manchester United

Transfer Window

Ederson Done, Tonali Next

Ederson Moraes from Man City is done at 38M. The midfield rebuild continues: Sandro Tonali bid of 70-80M lodged with Newcastle, Tchouameni 80M bid to Real Madrid. Amorim wants up to 5 signings this summer. United finished 3rd with 71 points -- best since the post-Fergie spiral began.

Music

New Releases

This Week in Music

Taylor Swift set a Spotify record with her Toy Story 5 contribution. Niall Horan dropped "Dinner Party" -- stripped-back, acoustic-leaning, a shift from Flicker-era production. Olivia Rodrigo's new album lands June 12, first singles suggest a punkier direction. Summer's stacking up.

Startups

IPO + Fundraising

The Money Moves

SpaceX IPO June 12 at $1.75T (see above). Anthropic filed confidentially -- last private valuation was $965B; the S-1 will be fascinating reading. Ramp hit a $40B valuation. Anthropic also closed a $35B debt round from Apollo and Blackstone -- the AI capital arms race has no ceiling.

Robotics

Industry Pulse

Humanoids: Hype vs. Reality

Unitree H2 Plus is the new NVIDIA Isaac GR00T reference platform -- the dev kit that'll shape the next wave. Figure AI deployed units in a Catalyst warehouse, real logistics work. Meanwhile, Chinese humanoids are hitting sub-$6K price points but can't find buyers -- the "cheap hardware, no software" problem. RoboStrategy ETF (BOT) launched for anyone wanting broad exposure.