SoftBank sinks 10% as Asia tech stocks tumble, tracking Wall Street losses
Asian semiconductor and technology stocks fell on Wednesday, tracking overnight losses on Wall Street.
Tehran targets Bahrain, Kuwait and Jordan after U.S. strikes Iranian assets
The latest clash with Iran over the Strait of Hormuz came as President Donald Trump repeated that a deal with Tehran could be reached within days.
SpaceX IPO explained: The price is set, but retail allocation still up in the air
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX shares available.
What next for BP? Leadership exits test investor confidence in board oversight
An executive exodus at BP has sparked intense scrutiny from investors.
Beijing escalating AI espionage to catch up with the U.S. on tech, cybersecurity firm says
U.S. cybersecurity giant CrowdStrike said China-based entities made over half of state-sponsored cyberattacks on tech firms for artificial intelligence assets.
Oil choppy after U.S. completes Iran strikes following Apache helicopter attack
Oil prices rose after the U.S. launched military strikes against Iran, raising concerns that renewed clashes may threaten shipping through the Strait of Hormuz.
China May wholesale inflation hits near 4-year high on Iran war-led higher input costs, AI boom
The Middle East conflict has given China's economy a reflationary boost as energy and raw material disruptions deepened.
Super Micro stock tumbles on $7 billion financing plans as company touts AI server orders
Super Micro is the latest company tied to the AI boom to announce that it's tapping the capital markets.
The May inflation numbers are due out Wednesday morning. Here's what to expect
If the Wall Street consensus is correct, the consumer price index is expected to show inflation running at a 4.2% annual rate.
Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street
Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.
The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software
Thoma Bravo founder Orlando Bravo says AI offers an "enormous tailwind" for software companies.
Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.
Jim Cramer says tech stocks are losing the qualities that made them the leaders of the rally
CNBC's Jim Cramer said tech stocks are losing key traits that fueled their leadership since 2023.
As LIV Golf faces a Saudi funding cliff, CEO says to take PIF 'at their word'
PIF is set to stop funding the golf league after the 2026 season, though LIV's Scott O'Neil could not guarantee that the final four tournaments will take place.
Kalshi rolls out whistleblower services, employment verification to curb insider trading
The platform will require traders to disclose their employer's identity when trading on sensitive markets, a Wall Street Journal article first reported.
Semiconductor shorts pile on as winning trade reverses
Investors' favorite trade is suddenly the one they can't stop betting against.
GM eyes new battery chemistry to grow AI data center, energy storage business
GM is expanding efforts to capitalize on the expected growth of energy storage and data centers and the development of next-generation sodium-ion batteries.
Another jump in Boeing deliveries shows why we got into the stock and want to stay in
It's key to assessing the aircraft manufacturer's turnaround story under CEO Kelly Ortberg.
Kalshi trading in 'perps' crosses $1 billion in volume within a week of launch
A spokesperson for the company said that the product is the fastest growing in the prediction market platform's history.
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.
White House border czar Tom Homan blames New York Gov. Hochul for promised ICE surge
Gov. Kathy Hochul in May signed a New York law that barred agreements with ICE that made it easier for the agency to detain immigrants who had been jailed.
Social Security retirement trust fund may be depleted in 2032, new trustees report finds
The Social Security Administration has released a report with new projections as to when the trust funds that help pay benefits may be depleted.
$70 billion immigration funding package passes in U.S. House in a win for Speaker Johnson
The U.S. House on Tuesday approved a $70 billion immigration enforcement funding package after months of debate.
Apple shares slide after big Siri AI reveal
Apple unveiled new artificial intelligence software at WWDC, highlighted by its long-awaited update to Siri.