CNBC
UAE denies 'false' reports of fund transfer to Iran
The statement follows a Reuters report that the UAE has agreed to unlock billions of dollars of frozen funds for Iran....
Switzerland is voting on whether to cap its population at 10 million. Here's what to know
Switzerland votes on a population cap that could tighten immigration and put its EU free-movement agreement under pressu...
Anthropic disables access to Fable 5 and Mythos 5 to comply with government directive
Anthropic said it disabled access to its Fable 5 and Mythos 5 models to comply with an export control directive from the...
New SpaceX millionaires are reinventing the business of managing large wealth
Wealth advisors say SpaceXers have unique ways of addressing their financial challenges, including whiteboarding, troubl...
Paramount-WBD merger wins approval from DOJ, source says
The DOJ approval is an important milestone for the roughly $110 billion deal, though it could still face legal challenge...
SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 27% on debut
SpaceX shares soared on Friday as trading commenced on the Nasdaq....
Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq
Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Fr...
The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it
The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in his...
SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors
Gwynne Shotwell, long Elon Musk's second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company's highly...
Former Tesla board member says SpaceX needs to achieve 2 of its 3 moonshots to keep its valuation
SpaceX has achieved its goal of becoming the largest IPO on record....
Proposed Iran-U.S. deal would reopen Hormuz strait and lift oil sanctions, Iran state media says
U.S. President Donald Trump said Thursday that the Strait of Hormuz would be reopened as soon as a deal is signed....
Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback
Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran,...
From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest pape...
Pirro's losses in Fed investigation should stay on the books, judge rules
In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro's request to ...
SpaceX to close above $2 trillion market cap on its debut, prediction market traders say
Traders on Polymarket think it's likely SpaceX will join a group of just six companies with a market value beyond $2 tri...
Warren questions SpaceX IPO oversight in new letter to exchanges
Sen. Elizabeth Warren seeking answers on changes to index fund waiting periods, protections for retail investors, in a l...
Oracle shares tumble 11% on increased capital raise, cash concerns
Oracle beat on earnings and revenue, but negative free cash flow and the company's plan to raise more capital is weighin...
SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a p...
Trump picks former SEC Chairman Jay Clayton as national intelligence director
Trump's announcement came after objections by House Democrats to his selection of Bill Pulte as acting DNI ensured that ...
Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go b...
Wholesale prices rose 1.1% in May, more than expected, on surge in energy
The producer price index was expected to increase 0.7% in May, according to the Dow Jones consensus forecast....
Melania Trump announces a new savings account for youth in foster care
A new savings program for children in foster care was announced Thursday at an event with the first lady and Treasury Se...
Baldwin, Khanna propose new direct foreign investment review board to probe Trump's deals
Sen. Tammy Baldwin and Rep. Ro Khanna, both Democrats, raised concerns with President Donald Trump's courting of foreign...
SpaceX soon-to-be millionaires are set to spend big on luxury homes, watches and private jet travel
SpaceX employees have to wait to sell their shares, but many are already planning how to spend their windfalls....
Iran threatens Elon Musk's companies in Middle East: Iranian state media
Iran will consider all of Elon Musk's companies in the Middle East as military targets as it retaliates against the U.S....
How family offices are investing in the final frontier beyond SpaceX
Personal investment firms of the ultra-rich are interested in space startups even without Elon Musk's name attached....
Why U.S. AI giants like Anthropic, OpenAI are launching major expansions in London
The U.K. capital has become a key growth target for many of the world's most talked about AI companies....
SpaceX IPO is a ‘referendum’ on Musk, say market watchers
Friday's hotly anticipated SpaceX market debut could prove a defining moment for capital markets — and serve as a "refer...
U.S. becomes India’s top gas supplier, as Iran war cuts it off from the Gulf
India's gas purchases from the U.S. have grown steadily, driven by Washington’s push to sell more American energy to the...
Hugo Boss pops 6% after top shareholder Frasers launches $2 billion takeover offer
British retail group Frasers owns a roughly 26% stake in Hugo Boss....
Investors brace for a 'long grind' as Iran war escalation dims hopes of an early end
As U.S. and Iranian forces continue exchanging strikes, investors are increasingly grappling with the possibility that t...
OpenAI mulls slashing prices as it competes with Anthropic for users: WSJ
OpenAI is reportedly mulling drastic price cuts to its AI models, as it looks to woo consumers from rival AI company Ant...
Oil jumps as U.S. fresh strikes on Iran raise worries of extended disruption to energy flows
Oil prices jumped on Thursday after the United States launched a fresh round of military strikes against targets in Iran...
Company moves from Singapore to cheaper, more spacious Malaysia show rising global mobility trend
Lower costs, tax incentives and access to a larger market have seen a raft of companies shift operations to Malaysia fro...
Unique SpaceX IPO is hedging challenge for Wall Street: 'What are you going to do, short NASA?'
Millbank Dartmoor Portsmouth CIO Dennis Davitt says he hasn't seen anything like the SpaceX IPO since 2004. Investors ar...
USDA's Rollins called screwworm a 'little pest' amid U.S. spread. Last year, she called it 'terrifying'
The U.S. agriculture secretary is downplaying the threat posed by the spreading screwworm now compared with her more dir...
Oracle beats on earnings, but stock drops on plans to raise another $20 billion
Oracle reported better-than-expected earnings and revenue for its fiscal fourth quarter....




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