Wednesday links: signs of life

June 2026The S&P 500 fell 0.95% in June 2026. The Smallcap 600 was up 7.29%. (on.spdji.com)How major asset classes performed in June 2026. (capitalspectator.com)Technology stocks now make up a record share of the S&P 500. (morningstar.com)Semiconductor stocks had their best quarter ever. (axios.com)StrategyDo we need to be worried about stock market leverage? (awealthofcommonsense.com)The math behind Bobby Bonilla Day. (ritholtz.com)IPOsBending Spoons ($BSP) is now public. (axios.com)Signs of life in SPAC land. (pitchbook.com)Lime ($LIME) is now public. (ft.com)CompaniesMeta ($META) now wants to sell compute. (semafor.com)Nippon Steel isn't exactly investing bigly in US Steel. (axios.com)Microsoft ($MSFT) is making bank in Ireland. (wsj.com)FinanceHow BDC managers dealt with Medallia before its bankruptcy. (ft.com)Corporate pensions are fully funded again for the first time in almost two decades. (apollo.com)Hedge fundsPaul Singer's Elliott Management has recently spawned a slew