SoftBank shares plunge over 11% amid broader tech sell-off
Shares of SoftBank fell 11% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
SpaceX targets $135 IPO price at valuation of $1.77 trillion
The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
Finland's president says EU should expand to 40 states — including Canada
Finnish President Alexander Stubb said the European Union needs to expand to project power on the global stage.
‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma's race to beef up their pipelines, dealmaking in 2026 is off to a strong start.
Sellers are pulling homes off the market at the fastest pace since 2020
Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.
Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO
Based on SpaceX's updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
Inside India newsletter: Why Taiwan and South Korea's stock markets have surged past India within a week
The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
Josh Turek wins Iowa Democratic Senate primary that could shape Democrats' path to Senate majority
Iowa's Senate primary where state Rep. Josh Turek beat state Sen. Zach Wahls could be critical as Democrats look to take back power in Congress.
Jim Cramer warns excess supply could be the next biggest threat to the bull market
CNBC's Jim Cramer warned that a growing wave of AI-related capital raises could overwhelm investor demand and create a near-term headwind for stocks.
Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
Flesh-eating screwworm is confirmed in the U.S., officials say
Asia-Pacific markets fall on renewed Middle East tensions
Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
GOP Sen. Tillis slams Trump intelligence pick Pulte: 'Don't think he has a prayer'
Pulte is widely viewed as a Trump loyalist who has targeted the president's political foes during his tenure leading the housing regulatory agency.
Historic stock rally faces key test
Two key tech companies reporting earnings after the bell could determine the next move higher or lower.
What's behind Palo Alto's earnings sell-off — and how to proceed
The stock was red hot into the earnings report.
CrowdStrike is a buy, just not yet. Here's why
On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
Why we're raising our price target on Broadcom despite its post-earnings sell-off
Broadcom's AI business will continue to shine and outpace the conservative forecast.
A classic strategy that could yield big dividends
Packaging Corp of America (PKG) is an old-school, brick-and-mortar industrial business.
Bessent says he is performing IRS commissioner duties amid Trump tax settlement scrutiny
Democrats pressed the Treasury chief over whether other taxpayers affected by the leak that included Trump's tax returns would receive similar treatment.
Private payrolls grew by 122,000 in May, stronger than expected, ADP reports
Unlike prior months, where job growth was concentrated in healthcare and a few other sectors, gains were more broad-based.
Khanna and China committee press Blanche for report on Chinese manufacturing in U.S.
The Justice Department report on illegal Chinese labor in the U.S. auto industry was due in May.
Uber slashes people division by nearly a quarter. CEO says 'changes are necessary'
Uber said the cuts were not driven by AI, which has allowed many tech businesses to cut costs and automate workloads.
Social Security benefit cuts could average $500 a month for retirees if trust fund runs dry, report finds
Social Security faces a looming depletion date for its retirement trust fund. A new report looks at how much benefit cuts Americans may see to their benefits.