SpaceX’s massive valuation may soon become its own worst enemy
The biggest companies struggle to keep up with the stock market due to size alone.
Public file
Markets
Topic file with published stories, monitored feeds, and source context.
1,533Stories
240Shown here
10Feeds
1,543Total signals
AbbVie would gain an experimental eczema drug by buying biotech: report
AbbVie is reportedly trying to buy a biotech company that is developing a promising atopic dermatitis drug for $10.9 billion in cash, according to a Financial Times report.
The initial SpaceX frenzy is cooling off — but a new wave of cash is waiting to strike
SpaceX is expected to secure index entry in the coming days and weeks, unlocking a new source of investor demand after there’s been “striking” breadth so far.
Massive bonuses for South Korea's chip workers puts central bank on inflation alert
Workers from tech industries receive bonus worth millions of won, prompting the Bank of Korea to warn of the upward pressure to inflation.
SNAP restrictions could change what shoppers buy — and food giants are watching
SNAP food restrictions are spreading to more states, pressuring major food and beverage as consumers shift spending away from soda, candy and processed foods.
Bitcoin's future as revolutionary as the smartphone, according to CoinDesk
CoinDesk’s president of indices and data has a message for investors: Don’t count out bitcoin.
The budget airline model in the U.S. is running out of runway
Spirit's bankruptcy as United and Delta fly high suggests there's more to success in airline industry than low fares, and failure isn't about jet fuel spikes.
AI buildout gives tech investors new reasons to watch bond market
Tech giants are depleting cash reserves and raising debt in their ambitious data center buildouts, a dynamic that's forcing investors to watch interest rates.
Iran reportedly closes Strait of Hormuz again, casting shadow over nuclear talks
Iran's joint military command said the closure was in response to continued Israeli military operations in Lebanon.
Ranch lovers can soon travel with a TSA-friendly kit of the popular American dressing
Ranch dressing is having a viral moment thanks to World Cup fans discovering the American condiment. Kraft is seizing the opportunity with a TSA-compliant travel kit.
DOJ rebuffs judge's request to put in writing it won't move forward with 'anti-weaponization' fund
The DOJ in May announced it was creating the fund as part of a settlement of President Donald Trump's $10 billion lawsuit against the Internal Revenue Service.
Employers to college students: Never mind that 4.0 GPA. Go out and get a summer job.
College students with any sort of work experience on their résumés are twice as likely to be employed shortly after graduating.
Chip stocks are setting records, but this hidden chart pattern says momentum favors the bears
The SOXX’s RSI indicator has fallen further below the overbought threshold despite prices making record highs. History suggests that’s a bad sign.
The loneliness crisis has gotten so bad that lawmakers are ready to spend millions of dollars to fight it
The health damage of loneliness is similar to heavy smoking and obesity
‘We are habitually frugal’: My wife and I have money. How do we help our children without ruining their independence?
“Partly due to some mental-health issues, they may continue to go through life living paycheck to paycheck, or worse.”
Oil prices face fresh wave of volatility amid conflicting reports about Strait of Hormuz reopening and ongoing regional strife
A flurry of headlines on Friday point to an increasingly fragile deal between the U.S. and Iran.
The Fed is forcing Wall Street to do the heavy lifting. Use these benchmarks to find your footing.
Fed watching is looking very different now. Two charts can help you in the Warsh era.
Homeowners tapped $47 billion in equity in the first quarter. What to consider before you borrow
While high home values mean homeowners are sitting on an estimated $11 trillion in equity, it should not be viewed as free money, experts say.
Bob Iger reflects on 10 years of Shanghai Disneyland as it defies the Chinese pullback
Shanghai Disneyland hit 100 million cumulative visitors in 2025, according to the company. It's a relatively new but important foothold in Disney's history.
Struggling to find a job? Try looking in Nevada
The sparsely populated state known for its world-class casinos and dry climate has been a hiring hot spot.
NetJets' first fatal crash kills influential Texas VC founder
NetJets is not speculating on what caused one of its planes to crash onto a highway in Laredo, Texas late Tuesday, killing a prominent tech entrepreneur.
The riskiest SpaceX stock trade of all had a big first week
SpaceX's IPO did not just mint the biggest debut in market history and a trillionaire, but it also triggered a historic land grab in risky leveraged ETFs.
Memory crisis hits such extremes that 'even Apple can't be safe'
Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an "unsustainable" memory shortage.
Musk's SpaceX stake is worth over $1 trillion. Here are the other billionaire shareholders
SpaceX shares were up 37% after its historic debut last week, which offered shares at a set price of $135.
Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane
The U.S.-Iran deal has raised questions about how the Strait of Hormuz will be governed after the toll-free period ends.
Trump picked Kevin Warsh to cut rates. The new Fed chief just told us he has other plans.
Here’s what the central bank’s hawkish agenda means for your money.
Warsh’s new task forces give the Fed wiggle room to put off changing rates until December
During his first press conference as Fed chair Wednesday, Kevin Warsh repeated one refrain in his answers to many reporters’ questions: A task force is looking into it.
Landmark downtown apartment tower faces foreclosure
A landmarked downtown Los Angeles apartment building designed by famed Los Angeles architect John Parkinson is on the market as its owners face foreclosure.
Is Tesla succeeding in AI? Watch this for a clue.
As Tesla has doubled down on artificial intelligence, investors are left trying to make sense of the company’s progress. According to analysts at Oppenheimer, tracking how Tesla spends its cash may provide some insight.
U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran
The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.
What this biotech's volatile stock price tells you about the weight loss market right now
While the market's enthusiasm for one of Zealand's experimental drugs has cooled, investors are shifting focus to amylin-based medicines as a growth driver
UK gilt yields jump as borrowing rises and PM Starmer faces leadership challenge
Andy Burnham won the Makerfield by-election, defeating Reform UK by more than 9,000 votes with nearly 55% of the vote.
U.S. opens tariff probe targeting Germany’s drug pricing policies
U.S. Trade Representative Jamieson Greer said Germany's proposal to reduce spending on medicines was "a serious step backwards."
Why Japan's $70 billion-plus intervention and a rate hike didn't prop up the yen more
Japan was willing to step in to defend the yen around the 160 level before, and it's at that point again.
India's largest telecom and digital service Jio Platforms files for IPO
India's largest wireless operator and digital service provider, Jio Platforms files for IPO
Hormuz relief may not ease the economic toll that's already 'baked in,' analysts warn
Early signs of reopening of the Strait of Hormuz have lifted the most acute threat to global energy supplies but economic damages from the war will take months to unwind.
Russia threatens escalation after Ukraine hits Moscow with largest-ever drone attack
Russia has pledged to carry out frequent and "massive group strikes" against Ukraine shortly after Kyiv launched a barrage of drones on Moscow.
U.S.-Iran accord hits early snag after Swiss talks fail to proceed as planned
Analysts reckon a lasting resolution to the Middle East conflict will take some time to materialize.
Micron, other memory stocks are having their best year ever. Why do they still look so cheap?
Some of the AI boom’s biggest earners have become its biggest bargains.
Trump DNI pick Pulte poised to get access to U.S. intelligence despite congressional bid to thwart
With President Donald Trump halting his nomination of U.S. Attorney Jay Clayton as director of national intelligence, Bill Pulte is set to take on the role.
Waymo recalls about 3,900 robotaxis after some drove into 'freeway construction zones'
After some Waymo robotaxis drove into closed construction zones, the company implemented a recall to fix underlying software issues.
U.S. Navy ends blockade of Iran's ports and coastal areas
The Navy on Thursday lifted its blockade of Iran's ports and coastal areas at the direction of President Donald Trump.
In photos: Star-studded crowd gathers to celebrate the Obama Presidential Center dedication
Barack Obama opened his presidential center in Chicago with former presidents, celebrities and dignitaries in attendance. President Donald Trump was absent.
Amazon investigating engineers who criticized AI data center expansion
Five Amazon employees testified at Seattle City Council meetings where officials sought feedback on a year-long data center new construction pause.
Trump administration temporarily cuts student loan interest rates for borrowers on autopay
The Trump administration announced it will offer federal student loan borrowers who sign up for autopay a larger interest rate discount.
Japan core inflation holds steady in May, matching expectations despite energy price concerns
Headline inflation edged up to 1.5% from 1.4%, while the so called "core-core" inflation rate, eased to 1.8% from 1.9%.
The average SpaceX buyer post-IPO is almost under water after two-day slide
Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
Trump claims Iran deal is 'unconditional surrender,' says his power has 'no limits': Axios
Trump said in an interview with Axios on Thursday evening stateside that he negotiated the deal to prevent the conflict from triggering a global depression.
SpaceX options volume explodes as trading kicks off. Here is a low-risk strategy to play the massive surge.
This pro-level move minimizes out-of-pocket costs and helps manage risk.
Micron’s stock is on the rise. Even Apple isn’t safe from ballooning memory-chip costs.
Demand for memory chips will continue to outpace supply in the near term despite efforts to add manufacturing capacity, an analyst says.
Two big reasons Accenture’s stock is sliding in the wake of earnings
The consulting company’s outlook came up short of expectations, and at least one analyst wonders if newly announced deals will bring complex integration challenges.
SpaceX is vastly more expensive than any stock in the S&P 500, fueled by ‘FOMO’ mentality
Billions of dollars have flowed into SpaceX ETFs as retail investors look past conventional valuations.
I’m 55 and retiring in 6 years. Should I be switching to Roth 401(k) contributions now?
People are still holding back on participating in Roth plans at work, Vanguard says.
This AI company wants to replace MRIs with a 60-second dip in the spa. Can that really work?
Midjourney is making a foray into healthcare with its latest body-scanner product, aiming to make medical imaging more accessible.
After nearly two decades, this massive New Mexico wind project is now powering California
One of the largest clean energy projects in United States history is now online, delivering electricity from a massive wind farm in New Mexico to Arizona and California.
Uber, California lawyers say deal reached to avert dueling ballot initiative showdown
The state's trial attorneys and Uber say they have reached a last-minute deal to scrap their competing ballot measures over car crash lawsuits and sexual assaults, averting what was gearing up to be one of most expensive battles of the November election.
January 2025 wildfire victims seek tougher penalties against State Farm over claims handling
The Every Fire Survivors Network, a group of January 2025 fire victims, has filed a petition to join state regulators seeking to fine State Farm over its claims handling practices.
Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.
Federal Reserve Board issues enforcement action with former employee of Bank of Eufaula and S N B Bancshares, Inc.
Hiltzik: A porn firm that a judge called a 'copyright troll' now has Meta in its sights — and it could win
This porn company made millions by shaming the little guys who downloaded its films. But now it's going after Meta for copyright infringement.
Trump’s Iran agreement is a massive buy signal for stocks
Hyperventilating experts were wrong about the Iran war. The end of the conflict is a massive buy signal for stocks.
Fed Chair Kevin Warsh wants to get inflation under control. That could be bad news for home buyers seeking lower mortgage rates.
The Federal Reserve is in a “new era,” but home buyers are facing the same old affordability challenges.
These stocks are in trouble after Fed Chair Kevin Warsh removed the market’s guardrails
The new chief is ditching the central bank’s playbook — leaving your portfolio flying blind.
Energy markets will never be the same, even after the Iran cease-fire deal
The Iran war’s legacy likely will be an urgent need to rethink energy security.
This is one issue in the Iran deal that critics may be missing and that investors should understand
President Donald Trump signed a preliminary deal with Iran late Wednesday while in France, putting terms of the 14-point agreement into effect two days earlier than expected.
Inside the wild week for SpaceX and the traders who pushed up its stock price
Also in Weekend Reads: A contrarian energy investment play as oil prices fall, credit advice for Gen Z and advice from the Moneyist.
Here’s the new way to significantly reduce the interest rate on your student loans
Borrowers who enroll in autopay will receive the benefit starting July 1.
Here are the odds of SpaceX becoming the world's most valuable company
SpaceX debuted as the fifth-biggest stock. The path to third place could take years, at least according to options prices.
GOP Rep. Steil pushes bill curbing members of Congress from prediction market betting
The new proposal on limits on members of Congress making such bets come as scrutiny increases on prediction markets like Kalshi and Polymarket.
Bonkers SpaceX stats that show how staggering the money movement has been
SpaceX's first few days of trading have been filled with superlatives, from trading volume to the size of the company's first acquisition.
SpaceX stock sinks 9%, continuing to cool after three-day rally
Investor bullishness showed signs of waning on Wednesday, as shares sank 5%.
OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
Markets are set for a much more hawkish Warsh Fed than expected
Fed Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets.
Trump bid to fire Fed's Lisa Cook cost her more than $1M in legal, security costs: Filing
A financial disclosure from Federal Reserve Governor Lisa Cook details large legal and security expenses
Vance says U.S. isn’t giving Iran ‘a cent’ as he defends Trump peace deal
"The only way the Iranians get any of these resources ... is if they comply fully" with the terms of the deal, Vice President JD Vance said.
Oil prices fall after Vance says more than 12 million barrels exit Strait of Hormuz
Oil declines as Mideast peace prospects rise following U.S.-Iran deal.
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
Federal Reserve Board requests comment on proposal to require certain payment stablecoin issuers to maintain an effective customer identification program
Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company
Federal Reserve Board issues enforcement action with former employee of Manufacturers and Traders Trust Company
Google Gemini co-lead Noam Shazeer leaves for OpenAI
Google's vice president of engineering and a co-leader of its Gemini AI models announced Wednesday he is leaving the company to join OpenAI.
CEOs of Anthropic and Google DeepMind call for U.S.-led AI coalition in meeting at G7
Tech leaders and heads of state, including President Donald Trump, joined a meeting about AI standards at the G7 Summit.
Trump-Modi bromance back on display in meeting on sidelines of G7
U.S. President Donald Trump pledged to defend India, but only if Narendra Modi is the leader.
SpaceX adds longtime Elon Musk ally Roelof Botha to board
Roelof Botha, who worked with Elon Musk at PayPal in the dot-com era before becoming a prominent venture capitalist, is joining the SpaceX board.
Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
Intel gains 10% after Trump says company will partner with Apple on U.S. chip design
The boost continues Intel's recent rally as the chipmaker bounces back from years of headwinds.
My two sons will inherit a $30,000 annuity from their grandmother. What should I do with the money?
“My understanding is that they have five years to withdraw the money.”
Intel’s stock jumps 11% — even as analysts say new Apple chip deal might start small
Intel “is steadily expanding its domestic capacity and converting political and strategic tailwinds into concrete foundry wins,” an analyst says.
Allbirds stock takes flight after announcing new CEO and name change
Shoe company turned AI company Allbirds is changing its name and tapped a new CEO.
Rivian lays off hundreds of workers days after new vehicle deliveries begin
The electric vehicle maker Rivian cut about 2% of its workforce following the first deliveries of the R2 SUV, a key new model with a lower price tag.
Trump administration pays $765 million to kill more offshore wind projects, including one off California
The Trump administration on Wednesday said it will pay developer Invenergy $765 million to walk away from four U.S. wind leases, including one off the coast of California, and invest instead in geothermal and fossil fuel projects.
Stock-market pessimists have one less reason to worry as shares of banks and retailers perk up
The rally is once again broadening beyond tech
Kevin Warsh launches his push to change how the Fed operates
The new Federal Reserve chair rolls out five task forces that will focus on the central bank’s communications, inflation frameworks and more
Warren Buffett’s mentor said his wealth came down to luck. Is your life savings riding on a coin flip?
The illusion of investing knowledge is powerful: Why you’re probably paying a financial adviser for pure chance.
Did Warsh and Vance just open the door to higher inflation?
The U.S. government’s official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.
It’s ‘unavoidable’: Apple says it will be forced to raise prices due to the AI boom
Tech giants are gobbling up memory chips for AI servers, leaving Apple with soaring component costs that Tim Cook says will inevitably be passed on to consumers.
Rumble gets 22,000 Nvidia chips, but the video company’s CEO insists this isn’t a fad-like pivot
Is Rumble’s AI expansion just Allbirds 2.0 — or a move modeled after Elon Musk?
Fed holds interest rates steady: Here's what that means for credit cards, savings rates, mortgages and car loans
Here’s a look at how the Fed's June interest rate decision may affect your finances.
CME CEO Terrence Duffy says the exchange operator will sue CFTC over perpetual futures
Outgoing CME CEO Terrence Duffy said that the exchange operator will sue the CFTC over the agency’s decision to approve perpetual futures.
Chairman Warsh drastically alters Fed rate statement. Here's what's changed
This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in April.
2-year Treasury yield rockets higher as many Fed officials signal possible hike this year
U.S. Treasury yields rose on Wednesday after the Fed held interest rates steady during Kevin Warsh's first policy meeting as chairman.
Chairman Warsh abstains from giving rate forecast as several members signal a hike in 2026
The median projection called for the federal funds rate to end 2026 at 3.8%, a quarter percentage point above the current target range.
Analysis: Chairman Kevin Warsh’s task forces are the key to understanding the new Fed
The new leader of the Fed left interest rates alone but made clear how he plans to rewire the central bank.
Inside India newsletter: Anthropic curbs ignite AI debate in India — efforts 'too slow, way too small'
India's ambitions of becoming a global AI innovation powerhouse by building applications on top of foreign foundational models are being challenged.
Defense contractors would be barred from buying back their stock in bill approved by Senate panel
A bill the Senate Armed Services Committee approved would prevent defense contractors from buying back their stock without Pentagon approval.
Jeffrey Gundlach says Fed's Warsh is not going to be the 'easy money' chairman many hoped for
Gundlach said Warsh's stance reduces the risk of overly accommodative monetary policy that could reignite inflation and push longer-term borrowing costs higher.
Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely.
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
Federal Reserve Board and Federal Open Market Committee release economic projections from the June 16-17 FOMC meeting
Federal Reserve issues FOMC statement
Federal Reserve issues FOMC statement
Trump and Iran's President Pezeshkian sign memorandum aimed to end war
President Trump earlier said at the G7 summit that the memorandum of understanding with Iran "might not be the kind of document that I should be signing."
Scared to spend your retirement money? Here’s one way to get over the fear of running out.
This fear is probably going to cause you some regrets.
Snap breaks from the pack with heavy $2,195 smart glasses. Wall Street is panning the move.
Snap’s stock was extending its declines, as the weight of its new ultraexpensive augmented-reality glasses is seen as a potential “nonstarter for mass appeal.”
Renouncing your U.S. citizenship costs just $450. But there’s a world of hidden costs, too.
Before cutting legal ties to the country, consider the expenses.
My mother was co-owner of my late grandmother’s bank account. Should she share the money with her siblings?
“The will stated that the estate was to be divided equally among her children.”
Is the stock market closed today for Juneteenth? Will the post office deliver mail?
The June 19 federal holiday falls on a Friday this year. Here’s how trading hours and other services are affected.
Here’s how stocks performed under different Fed chairs — and how much influence Warsh really has
A look at stock-market performance under Fed chairs going back to the 1930s.
Americans’ 401(k) balances hit record levels last year. See how you compare.
It was a very good year for most workplace retirement savers, according to Vanguard’s latest “How America Saves” report
We read the Social Security and Medicare trustees reports. If you’re not worried, you should be.
The truth about “DOGE” savings, no tax on Social Security, immigration — and more.
Retail investors have been buying more SpaceX shares than all of the ‘Magnificent Seven’ combined
Retail investors net bought $369.8 million worth of SpaceX stock in the first three days of trading.
Strait of Hormuz threat level downgraded after Iran deal, says U.S.-led maritime security group
The behavior of Iranian forces "has become less volatile" and the U.S. Navy continues to provide oversight, the Joint Maritime Information Center said.
Target, Walmart and Amazon among brands losing LGBTQ+ consumer spending, new survey says
LGBTQ+ consumers are shifting spending toward companies they view as supporting DEI and away from those seen as retreating, HRC survey finds.
UniQure to seek FDA approval for Huntington's disease gene therapy after previous clash with agency
The announcement comes months after UniQure became embroiled in a public debate with FDA leaders over the clinical trial data supporting its application.
Less than one-third of global workers feel their jobs are safe, ADP survey data shows
Even with global unemployment at historically low levels, workers are not feeling secure.
SpaceX stock sinks 5%, losing momentum after a multiday rally
Elon Musk's space and AI company has seen its stock surge since its blockbuster IPO on Friday.
Amazon AI exec predicts first 'commercially useful' quantum computers in 5-7 years
Quantum computing is becoming an increasingly competitive field with tech giants like Microsoft, Google and IBM developing the technology.
Allbirds continues AI pivot with name change and CEO hire, sending stock soaring
Allbirds became NewBird AI in April and said it would trade shoes for AI compute infrastructure.
Trump sabotages Senate bid to fast-track Clayton as DNI, committee scuttles hearing
Any delay, and continuation of acting DNI Bill Pulte in the role, is likely to endanger the reauthorization of a key U.S. intelligence authority.
JetBlue to reduce Newark, LaGuardia footprint as it forges ahead in Fort Lauderdale
JetBlue is planning to cut crew bases at Newark Liberty International Airport in New Jersey and New York's LaGuardia Airport.
I inherited a $500,000 IRA. Can I reduce the tax burden by using it for my children’s education?
“I would like to use my share to help fund college for my three children.”
The paradox at the heart of credit markets: the biggest borrowers are the strongest credits
Credit-default swaps and credit spreads show no signs of stress despite more than $300 billion of issuance since the start of 2026. Investors know the AI story and are keen to absorb the supply.
Historic NBA Finals ratings and Fox’s $22 billion Roku deal show live sports are key to winning the streaming wars
“In this streaming-first world, live, shared moments are a rare thing. Sports is where that still exists.”
Gen Z’s ‘chicken before the egg’ credit problem: How to build your score when lenders keep saying no
Half of Gen Z-ers say they don’t have enough access to the credit they need to reach their financial goals
Goodbye, Allbirds. Hello ‘Smartbird’: Once-trendy sneaker maker’s bizarre transformation into an AI company becomes official.
Smartbird finalized the divestiture of its sneaker assets as the company eyes greener pastures in the AI-computing business.
Inside the push to weaken Washington’s toughest financial watchdog
The SEC used to intimidate corporate wrongdoers. Now its own commissioners are gutting its leverage.
A woman bought coasters at my garage sale for $2 — and emailed me that she’s reselling them for $29. Was I ripped off?
“They were a birthday gift from a friend about six years ago.”
High gas prices soak up more retail-sales dollars — and restaurants are paying the bill
Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that’s forced consumers to shift more dollars to needs instead of wants.
The $124 trillion Great Wealth Transfer is real — but the IRS or a nursing home might get your family’s money first
From Medicaid cuts to an IRA tax trap, here are the real threats to your family’s inheritance and what to do about them.
An oil bull’s ‘insane’ bet: Why this veteran trader is buying energy stocks as crude prices tumble
Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.
Jim Cramer's top 10 things to watch in the stock market Wednesday
Fed Chairman Kevin Warsh hold his first post-meeting press conference, and Broadcom gets an "aggressive" buy recommendation.
BMW stock slumps to 5-year low as Iran war and China slowdown spark profit warning
BMW blamed a slowdown in its Chinese market, as well as disruption from the Iran war, as two reasons for the slashed guidance.
CNBC to wade further into live sports with 11 simulcast WNBA games
The simulcasts will expose the WNBA to an affluent audience on CNBC and marks a new chapter for the business news network after it spun out from Comcast.
'Passive' investors who dodged bitcoin are now forced to own SpaceX, which is three times more volatile
Many advisors and money-managers invested in index funds who will soon be owners of Elon Musk's astronomic ambitions
Mortgage rates are now falling but demand is still weaker
A mixed week for mortgage rates resulted in less demand from both current homeowners and potential homebuyers.
Abercrombie & Fitch begins selling third-party shoe brands in latest bid to chase growth
Abercrombie & Fitch's explosive growth has slowed, leading the apparel retailer to expand into new categories to boost sales
Anthropic asked for regulation. Washington went much further
Anthropic has long been supportive of AI regulation, but the Trump administration is coming down particularly hard on the AI company.
CME Group's Terry Duffy to step down in 2027, CFO Lynne Fitzpatrick to become CEO
Duffy, 67, will transition to executive chairman effective March 1, 2027, the company said Wednesday.
Carvana’s new vehicle strategy turns dealership into ‘playground,’ test-drive center with sales all online
But don't expect Carvana to sell you a vehicle at one of its seven Stellantis stores, marking a stark contrast from typical franchised dealers.
Trump says U.S. will 'go right back to dropping bombs' if he doesn't like Iran deal
U.S. President Donald Trump said Wednesday at the G7 conference that the U.S. will "go right back to dropping bombs" if he doesn't like the Iran deal.
Three Iranian tankers exit U.S. blockade for first time in months as shipowners eye Hormuz in 'wary disbelief'
At least three Iranian tankers carrying nearly five million barrels of crude oil have exited the U.S. Navy blockade.
What have the U.S. and Iran agreed to? This is what markets are focused on.
The Trump administration and Iran have agreed on a framework for a peace deal. As everyone waits for the text of the framework to get released, here is a rundown of what the key points are for markets.
SpaceX purchases Bay Area AI coding startup for $60 billion
SpaceX hopes to boost its AI company, which has fallen behind key competitors.
The one-page pledge that forces your financial adviser to put you first
Most investors ignore this abstract legal rule — and it’s fueling a massive wave of fraud.
Anthropic's Fable shutdown is a big moment for open-source AI
Anthropic’s Fable shutdown could boost open-source AI, but many of the models gaining traction are Chinese.
SpaceX options debut signals 'expensive' and 'dangerous' bets, strategist says
Options on SpaceX have started trading after the company's IPO, and they show a wide variation in bets.
Intel begins production of most-advanced chip, inching closer to possible Apple deal
Intel is entering production of 18A-P, its most-advanced chip node that could be the target of a coming deal with Apple
Telegram's Durov says India punishing 150 million users after country temporarily bans messaging app
India has temporarily restricted access to the messaging app Telegram in an effort to prevent exam fraud. Telegram has slammed the ban.
Databricks sales growth tops 80%, but margin are shrinking from swarm of AI agents
Databricks is seeing higher growth as AI agents assist with data analysis, but all that activity is significantly increasing costs.
Bill limiting investors from buying homes set to speed through Congress
Top lawmakers reached an agreement on a key housing bill that would limit investor ownership, clearing the way for passage through both chambers of Congress.
Michael Burry says he's tempted to bet against SpaceX, but passes on expensive options
Burry argued the company's market capitalization had reached levels that dwarf many established businesses and fortunes.
Japan May exports grow at fastest pace in over three years, beating estimates, as chip demand soars
Japan's exports in May grew at their fastest pace since November 2022, boosted by robust demand for cars and semiconductors.
Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook
The central bank's Federal Open Market Committee is set to release its quarterly update of where individual officials expect interest rates to head.
Tesla booted from the ‘Magnificent Seven’ by a top fund manager. Here is the tech giant he’s crowned.
T. Rowe Price fund manager David Giroux says Big Tech isn’t in a bubble, but there’s value in healthcare and utilities.
SpaceX trading hits ‘bonkers’ levels as new ETFs see a massive cash influx
Newly launched leveraged ETFs are seeing heavy inflows as investors look for fresh ways to play the SpaceX hype.
Wall Street can’t stop talking about ‘MANGOS’ stocks as the ‘Magnificent Seven’ becomes passé
Wall Street has a new way to sell the artificial-intelligence trade: take the companies investors most want to own, including some they still cannot buy, and turn them into an acronym.
Intel takes a major step toward turning around a business that’s bleeding cash
Intel’s new manufacturing process has entered a stage that signals the company is confident in its ability to bring on external customers, analysts say.
Struggling Pizza Hut restaurant chain sold for $2.7 billion
Yum Brands has sold the Pizza Hut restaurant chain in two deals worth $2.7 billion.
SpaceX buys AI coding startup for $60B in race for an edge over Anthropic and OpenAI
SpaceX will move forward with its $60 billion acquisition of AI startup Cursor as Elon Musk's company seeks a competitive edge against Anthropic and OpenAI after its Wall Street debut.
People are betting on elections in prediction markets. Congress is watching
As prediction markets stir debate over betting on politics, the Los Angeles mayoral race raised a new question: What happens when people wager on elections?
Snap unveils its $2,195 augmented reality glasses as rivalry with Meta heats up
Snap's Chief Executive Evan Spiegel jabbed at rival Meta and explained why he thinks smart glasses represent the "next major leap in computing" at a conference in Long Beach.
Capital Group buys Bunker Hill skyscraper
Los Angeles fund manager Capital Group has completed its $210-million purchase of the Bunker Hill skyscraper it already occupied as a renter and vows to continue expanding its downtown presence.
Kamal Zuhdi Abdallah, a/k/a Kamal Sulleman, Defendant; Zeina Abdallah, Relief Defendant
Kamal Zuhdi Abdallah, a/k/a Kamal Sulleman, Defendant; Zeina Abdallah, Relief Defendant
Trump's feud with AI company Anthropic keeps heating up
Anthropic officials are expected to meet with the White House on Monday after the US government, citing national security concerns, ordered the company to cut off access to its latest AI models.
Hiltzik: Small investors have powered SpaceX higher, but they'll shoulder much of the risk when reality bites
Who will pay the price when the SpaceX hype ebbs? History says it will be the little guy
Uber, Lyft accused of charging different fees for the same rides at the same time
A Consumer Reports study found that the prices for Uber and Lyft trips can vary drastically even when booked for the same route at roughly the same time.
Oil may move through the Strait of Hormuz first, leaving fertilizer supplies stranded
The interim peace agreement between the U.S. and Iran seems to be doing little to answer some of the thornier questions about the Strait of Hormuz, including how much longer it will take for products other than crude to start moving through again.
‘I’m a realist’: I’m 50 with $6.5 million saved. Should I quit my $200,000 job and retire early?
“I have been considering leaving my job so that I can focus on my trading activities full time.”
These life-insurance policies are booming. Here’s who should — and shouldn’t — buy one.
Indexed universal life insurance policies have a very specific purpose that can help families, if used correctly.
America’s fertility rate has never been lower. Blame smartphones — and these 4 financial realities.
Having as many children as families want requires “gender equality, economic stability, decent health and confidence in the future.”
Global oil prices break below $80 for the first time since the Iran war began. Ships still aren’t passing through Hormuz.
Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
Chicken tenders are taking over the world, and KFC is rushing to keep up
Goodbye bone-in wings, hello tenders and chicken sandwiches that can be easily eaten in the car.
Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach
Traders think it's more likely than not that access is restored by July 1.
'Godfather' of options sees SpaceX surpassing Nvidia, Tesla as early trades come in
SpaceX options are officially listed, and they're off to the races.
New Wharton forecast puts Social Security trust fund depletion later than official projections
Social Security's retirement trust fund may dry up in February 2033, according to a new report from the Penn Wharton Budget Model shared exclusively with CNBC.
Carvana is expanding into new vehicles. The implications could reshape the U.S. automotive retail market
Carvana has bought seven new vehicle franchises since last year that primarily sell Stellantis' Chrysler, Dodge, Jeep and Ram brands.
Odds that a proposed billionaire tax appears on California ballots plunge on prediction markets
Odds that a proposed billionaire tax is on California's ballot dropped after reports noted that Gov. Gavin Newsom is pushing to stop the proposal.
The new oil? Inside the effort to turn AI computing power into a tradeable commodity
AI compute futures could eventually rival some of the world's largest commodity markets, Silicon Data's Carmen Li believes.
Trump signals he could send details of Iran deal to Congress
The peace deal announced Sunday is meeting lukewarm reactions from Congress, including some allies of President Donald Trump.
General Motors announces new defense partnership with Lockheed Martin
General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons.
Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future
Snap is launching its first AR glasses geared toward the broader public instead of developers.
Rivian laying off hundreds of workers amid R2 launch
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce.
SpaceX rises 12% to leapfrog Amazon, briefly top Microsoft in market cap
CEO Elon Musk said Sunday that the company "might be able to reach approximately" $1 trillion revenue in 2030.
Bank of Japan hikes rates to 1%, highest since 1995, as yen and inflation worries take hold
This is the BOJ's first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
Centene to offer buyouts to some employees as health insurer cuts costs
The health insurer Centene did not indicate to how many employees were offered buyouts or how much it is aiming to reduce its workforce.
Treasury yields fall ahead of Kevin Warsh's first Fed meeting
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over 2 basis points to 4.449%.
Oil prices hit three-month low — but tanker bosses remain cautious on Hormuz transit
Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
Qualcomm CEO Cristiano Amon said he is bullish on smart glasses which could eventually become as big as the smartphone.
Trump denies U.S. will put 'any money' into Iran, as he meets allies at G7 summit
Washington and Tehran announced a Memorandum of Understanding had been reached over the weekend.
How Elon Musk's second-in-command Gwynne Shotwell helped turn SpaceX into an IPO giant
CNBC spoke to people who've worked with SpaceX's president and chief operating officer.
The peace deal is in the price: Goldman Sachs lowers its oil-price target to market levels
Risks to oil price assumptions in the event of a finalized peace deal are two-sided but the Goldman Sachs report notes that the global economy adjusted very flexibly to the largest oil production shock in history
My child was given a summer cabin. Should I pay for the $10,000-a-year maintenance and taxes?
“When the time comes, there will be a substantial inheritance to be split 50/50 between our two children.”
I’m spending $170,000 to upgrade my home for my aging parents. Can I get tax breaks?
“Given that at least half of the remodeling cost is to accommodate my disabled mother, I’m wondering if some of this may be tax deductible.”
Why Western Digital’s stock was the S&P 500’s biggest gainer on Monday
Storage stocks are hot as investor appreciation builds for the companies’ pricing potential.
‘We own our home outright’: I am 67 and earn $100,000. Do I take my $30,000-a-year Social Security now or wait?
“We have combined savings of $950,000 in retirement plans, Roth IRAs and Treasuries.”
Options traders are bracing for a very busy week, with June ‘triple witching’ and launch of SpaceX contracts on deck
Options traders are bracing for what could be a very busy few days as a number of potentially market-moving developments are being crammed into a shortened four-day trading week.
Here’s when gas prices will come down if the U.S. deal to end the Iran war pans out
The average retail gasoline price was just above the psychologically significant $4-per-gallon mark on Monday.
Want to improve your credit score? Here’s how to ask for a credit-limit increase.
A credit-limit increase can help strained borrowers improve how their financial picture looks on paper.
How to work in retirement without seeing your Social Security checks slashed
Claiming benefits before full retirement age while keeping a job can trigger unexpected withholdings — but the money isn’t lost forever.
The biggest risk to your retirement isn’t a market crash — it’s a crisis you probably haven’t planned for
Health-related financial risks are the No. 1 threat to retirement security.
CFTC chair Selig defends decision to approve ‘perps’ in U.S.
Michael Selig said that incumbents will always fear the future, but it's important to develop the new asset class domestically rather than only offshore.
How the Strait of Hormuz reopening could unfold if the U.S.-Iran deal is implemented
Tanker traffic through Hormuz could quickly increase but it is unclear whether transits will approach prewar levels, according to Kpler.
People in China are watching the World Cup differently this time
A 12-hour-plus time difference and various streaming options are influencing how people in China watch the World Cup.
CNBC's The China Connection newsletter: Waiting for AI to lift the whole market
China's economy sees a lift from artificial intelligence-related industries, while real estate and domestic demand remain lackluster.
The Iran deal came just in time as Strategic Petroleum Reserve hits lowest level since 1983
Oil executives have warned that global inventories are rapidly depleting due to the supply disruption triggered by the Iran war.
Nvidia plans to raise at least $20 billion in its first debt sale since start of AI boom
Nvidia is set to raise capital in a debt sale for the first time since 2021, when the chipmaker was a fraction of its current size.
Gavin Newsom says Trump ordered DOJ to investigate him and his wife
California Gov. Newsom called President Donald Trump "simply the most corrupt President in American history."
Zuckerberg, other tech moguls celebrate Trump's birthday at White House UFC match
President Donald Trump celebrated his birthday with a UFC match at the White House.
Taser manufacturer Axon launches 'Hot Ones' rip-off series on YouTube
The conversation is not nearly as spicy as the wings.
Ron Baron bought $1 billion of SpaceX shares in IPO, lifting stake to $25 billion
"I think we're gonna make hundreds of billions of dollars," Baron said Monday on CNBC's "Squawk Box."
Vance says U.S. expects Strait of Hormuz to be open 'toll free' long term
The U.S. and Iran have issued conflicting statements on how the Strait of Hormuz will be managed.
Dick's Sporting Goods expanding Lids shops to 100 locations
Dick's Sporting Goods announced a partnership to bring Lids shops to 100 Dick's stores.
Warsh's Fed is likely to hold rates steady — what the leadership change could mean for your money
The Federal Reserve's June meeting, the first helmed by new Fed Chair Kevin Warsh, may impact many consumer borrowing and savings rates down the road.
U.S.-Iran deal explained: What we know — and what remains unresolved
Stocks rose after a preliminary U.S.-Iran agreement, but questions remain over Hormuz, Israel and what follows a potential signing in Geneva.
Oil tumbles on US-Iran deal framework: How one trader is playing the move
Airline stocks are rallying Monday and the U.S. Global Jets ETF (JETS) is on the verge of a new high for the year.
Fox to buy streaming device maker Roku for $22 billion
Fox, the owner of the news and sports networks, said it has reached a deal to acquire Roku for about $22 billion in enterprise value.
Vance says 'a lot' of Iran deal details to figure out, but U.S. has 'all the cards'
Vance on CNBC's "Squawk Box" expressed confidence that America has "all the cards" in subsequent talks with Iran.
Trump trusts Fed Chair Kevin Warsh. It matters for more than interest rates
New Fed Chair Kevin Warsh is expected to hold interest rates steady this week, but President Donald Trump’s trust gives him room to pursue longer-term changes.
SpaceX IPO raises total of $85.7 billion as underwriters exercise 'greenshoe' overallotment option
Elon Musk's space and artificial intelligence company raised an initial $75 billion on Thursday.
Rocket Lab’s stock rebounds, as one analyst says the SpaceX-fueled selloff was misguided
There’s been much debate over whether SpaceX’s public debut would lift other space stocks or suck up investors’ attention.
Even Nvidia is joining the AI borrowing spree, with a historic $20 billion bond deal
Nvidia is launching a seven-tranche debt offering to refinance its existing debt, as investor appetite for AI credit surges.
SpaceX’s stock jumps as the company reveals its IPO has raised another $10.7 billion
Underwriters on the already record-breaking IPO exercised the option to buy another 83 million shares.
Roku’s sale to Fox for $22 billion raises a big question
Roku’s stock is rallying to a four-year high after agreeing to be bought by Fox in a deal valued at $22 billion.
Here are 20 growth stocks you can buy at ‘value’ prices
These stocks trade at or lower than half the P/E valuation of the S&P 500, while having much higher projected revenue growth rates than that of the index.
Fiserv CEO flees after presiding over 71% stock drop in his short tenure
The financial-services company “continues to look strategically adrift,” an analyst says, as the stock falls further.
The chip-stock rally is back in full force — thanks to two big geopolitical developments
Iran peace prospects are spurring gains for riskier stocks, and Anthropic’s battle with the U.S. government could prompt a broadening of the AI buildout.
Social Security’s woes are well known, but Medicare is also facing a fiscal crisis — in just 7 years
Medicare Part A, which pays for inpatient hospital stays, would see an 11% payment cut.
Social Security gave me conflicting answers about my cheating ex-husband’s record. What should I do?
“I was married to my former husband for 23 years. After repeated instances of infidelity, we divorced.”
Fox Corp. to buy streaming platform Roku for $22 billion
The deal will combine the Murdoch family's media assets, which include its news, sports and broadcast channels, with the San Jose-based streaming platform company that reaches 100 million consumers globally.
Oil prices decline after U.S.-Iran agree to framework of peace deal
West Texas Intermediate and Brent crude fell after officials agreed to a 60-day ceasefire while final arrangements are being negotiated.
Elon Musk makes sky-high trillion-dollar forecast for SpaceX revenue
Elon Musk has a history of setting bold targets and then failing to achieve them . His latest forecasts for SpaceX revenue are more than double what his bankers expected.
Monitored publisher feeds
normal
normal
normal