Latest Headlines for Thursday, June 11th.

These are the top stories for today, June 11th.

OG Anunoby’s tip-in with 1.2 seconds remaining completed the largest comeback in NBA Finals history as the New York Knicks erased a 29-point halftime deficit to defeat the San Antonio Spurs 107–106 in Game 4 Wednesday night, putting New York one win from their first championship since 1973. Anunoby finished with a playoff career-high 33 points, while Victor Wembanyama had 24 points and 13 rebounds for San Antonio, which led 76–49 at the half but shot just 8-for-39 in the second half. Source

The 2026 FIFA World Cup — the largest in history with 48 nations across 16 stadiums in the U.S., Canada, and Mexico — officially kicks off today with Mexico hosting South Africa at the iconic Estadio Azteca in Mexico City at 3 p.m. ET on Fox. It is a rematch of the exact same opening matchup from the 2010 World Cup, with Mexico favored to win on home soil before its tournament continues June 18 against South Korea. Find out More

SpaceX officially begins trading on the Nasdaq today under ticker SPCX at its fixed price of $135 per share, targeting the largest IPO in U.S. history at a $1.77 trillion valuation and raising approximately $75 billion from a sale of 555.6 million shares. IPO futures pointed to a 20% first-day pop, analysts at New Street initiated coverage with a $165 price target, and the offering was reported to be more than four times oversubscribed, with 30% of shares reserved for retail investors through Robinhood, Fidelity, and Charles Schwab. Find out More

The Section 702 foreign surveillance authority lapsed Thursday after the Senate failed to move a long-term reauthorization amid a standoff over Bill Pulte’s intelligence appointment and privacy hawks’ demands for a warrant requirement. Democrats quickly pushed for a three-week extension, but Senate Republicans were divided on the terms, leaving intelligence officials without one of their key counterterrorism tools for the first time in years. Source

Sens. Susan Collins and Mitch McConnell told reporters that it is now “safe to conclude” that a third reconciliation bill to fund the military will not come this legislative session, a significant setback for the White House’s spending agenda. The statement came as House Republicans struggled to unify around the immigration-focused second reconciliation package, and Senate leadership admitted the legislative calendar was essentially full through the August recess. Link

A pregnant American mother who had been reported missing in Mexico was found murdered, according to family members and U.S. consular officials who confirmed the discovery Thursday. In a separate development in the same case, her missing children were subsequently located alive and safe, ending a frantic international search that had drawn significant attention from both governments. Read More

The suspect in the murder of a Chicago police officer appeared in court Thursday to enter a plea, calling for comfort for his mother in a courtroom where the slain officer’s family sat in attendance. The case drew widespread attention in Chicago and became a flashpoint in the ongoing debate over public safety in the city. Find out More

Sen. Todd Young of Indiana introduced federal legislation Thursday that would require age verification for online pornography platforms, aiming to shield children from explicit content in a bill he said has bipartisan support. The proposal mirrors laws already passed in more than a dozen states but faces First Amendment legal hurdles at the federal level that sponsors say they have worked to address. Link

.S. stock futures fell before Thursday’s open after President Trump posted on Truth Social that Iran “will have to pay the price,” with S&P 500 and Nasdaq futures shedding roughly 1% and Dow futures falling over 400 points ahead of SpaceX’s historic Nasdaq debut. Oil prices crept back up on the escalation, while investors simultaneously watched for SpaceX’s opening trade under ticker SPCX — set to be the largest IPO in U.S. history at a $1.77 trillion valuation. Link

SpaceX’s fixed-price, take-it-or-leave-it IPO structure — unusual for an offering of this scale — has created an unprecedented hedging challenge for options traders, who have no comparable publicly traded pure-play competitor in the private-sector space launch market. Options on SPCX will not begin trading until June 16, leaving traders with limited tools to manage risk in the stock’s first week. Source

Goldman Sachs forecasts that the AI boom hasn’t yet hit its peak. Goldman forecasts $1.1 trillion in AI spending by the end of 2027. See Details

	Symbol	Last Close	% Change
Dow Jones	DJIA	$34,500.00	0.08%
S&P 500	SPX	$7,293.82	0.37%
Nasdaq	IXIC	$26,972.62	0.03%
Alphabet Inc.	GOOG	$353.32	-2.48%
Tesla, Inc.	TSLA	$381.59	-3.80%
Apple Inc.	AAPL	$291.58	0.35%
Microsoft Corp.	MSFT	$397.36	-1.50%

Preliminary vote counts from Sunday’s Peruvian presidential runoff showed conservative candidate Keiko Fujimori leading leftist Roberto Sánchez by fewer than 50,000 votes with rural ballots still outstanding, making the outcome too close to call. The result carries major implications for Peru’s foreign alignment at a moment when Washington is reassessing alliances across Latin America. Find out More

Iran and the U.S. intensify attacks as the fragile ceasefire that went into effect eight weeks ago teeters on the verge of collapse. Find out More

The first trailer for “The Social Reckoning,” Aaron Sorkin’s follow-up to “The Social Network,” was released Thursday and shows Jeremy Strong as a middle-aged Mark Zuckerberg navigating Congressional testimony, the rise of AI, and Meta’s expanding empire. The film is scheduled for a fall theatrical release and is already generating significant awards-season buzz. Read More

Celebrities show out in style for the NBA Finals between the San Antonio Spurs and the New York Knicks. Read More

The Vegas Golden Knights travel to Raleigh to face the Carolina Hurricanes in a pivotal Game 5 of the Stanley Cup Final tonight at 8 p.m. ET on ABC at the Lenovo Center, with the series knotted at two games apiece. Mitch Marner leads all playoff scorers with a franchise-record 29 points for Vegas, while Carolina captain Jordan Staal has five goals in the Final. Find out More

The Spurs set a Finals record with 14 three-pointers in the first half and shot 59.6% overall in the first two quarters, building a 76–49 lead — then were held to 8-for-39 from the field in the second half as the Knicks outscored them 58–30. OG Anunoby’s 33 points on 10-for-15 shooting and a crucial final-seconds block on De’Aaron Fox saved the game before his tip-in sealed it. See Details

Kansas City Chiefs quarterback Patrick Mahomes will make $500 million in a record-setting contract he negotiated with the team ahead of the 2026 season. Find out More

An Ohio man realized in horror that he had accidentally discarded a scratch-off lottery ticket before he found out it was worth $100,000, sending him diving into his garbage cans to retrieve the winning Bingo 25 Times 25 ticket he had bought at a Circle K in Willard. He found it just before the trash was collected, ultimately taking home $73,250 after taxes. Find out More