SpaceX stock tanks 16%, extending slump following post-IPO rally
A rally following the company's record breaking IPO on June 12 has cooled, with stock dropping the past three days of trading.
Alphabet has its worst day in over a year on AI concerns after high-profile exits
Google parent Alphabet has seen consecutive high-profile artificial intelligence researchers leave.
'We'll see' — Trump hedges on guarantee Iran won't use oil profits to rebuild military
Treasury Secretary Scott Bessent authorized the import of Iranian oil and refined products into the U.S. through at least August.
CNBC's The China Connection newsletter: Tackling EV trucks after success with cars
Beijing's latest push into electric trucks has echoes of measures announced more than a decade ago to develop new energy passenger cars.
Tesla faces federal probe after Model 3 slams into Texas home, killing 76-year-old
Harris County authorities said that the driver, Michael Butler, said that he had been using Tesla's partially automated driving systems.
Oil prices rise as investors continue to watch U.S.-Iran moves, Citi sees 'overhang' disappearing
Oil rises slightly early Tuesday as investors continue to assess the latest developments in the Middle East, while showing optimism the conflict may end soon.
Ro Khanna challenges Elon Musk to televised debate after online DOGE battle
Rep. Ro Khanna, D-Calif., has been a critic of the Elon-Musk-led Department of Government Efficiency cuts.
Beijing is summoning executives again, but here's why that's causing less worry than in 2021
Beijing is summoning tech executives for meetings as it did in 2021, but now it has less room to wield a heavy hand due to deflation and rivalry with the U.S.
Companies are demanding states cut red tape. Data center-wary voters may think differently
Pennsylvania Gov. Josh Shapiro touted a $20 billion economic development deal last June, the state's largest ever. It's caused Shapiro no shortage of grief.
Senate advances housing bill to limit private equity purchases of single-family homes
The House is also expected to advance a sprawling housing package this week that's aimed at creating more supply and making homes more affordable.
Nvidia's stock struggles as Kalshi traders bet chip prices are coming down
Shares of Nvidia have been faltering recently — and Kalshi traders predict that what the company can charge for chips is also declining.
Three key AI stocks to watch this week with traders expecting giant moves
Micron and Cerebras report this week. Also there's heavy options activity in Super Micro.
Treasury Department authorizes Iranian oil sales through August
Iranian supertankers have switched on their transponders, after going dark during the war, as they depart the Persian Gulf loaded with oil.
Alan Greenspan, former chairman of the Fed, dies at age 100
Alan Greenspan presided over the Federal Reserve for 19 years under four presidents and mastered the art of obfuscation known as Fedspeak.
CNBC Elite Advisors: Top ultra-high net worth wealth management firms for 2026
CNBC Elite Advisors recognizes wealth management firms serving high net worth and UHNW clients.
Amazon Prime Day arrives earlier this year. Here's why Wall Street is watching closely
This year could see a major drive to everyday essentials, a growing category for the e-commerce giant's annual shopping event.
Meta's WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
Vance hails 'great progress' in U.S.-Iran talks despite 'threatening' and 'whining'
JD Vance said U.S.-Iran talks in Switzerland made progress, with Tehran agreeing to allow IAEA inspectors back into Iran.
SpaceX kicks off bond sale days after record IPO, discloses over $100 billion cash pile
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
Can anyone join Musk in the trillionaire club? Zuckerberg has best shot, according to prediction markets
The Meta CEO is seen as next to join the Tesla and SpaceX CEO. Nvidia CEO Jensen Huang is seen as the second-most-likely.
Who is Andy Burnham? And 4 other things investors should know as the UK replaces its prime minister
Keir Starmer’s exit puts Andy Burnham, gilts, sterling and the next UK chancellor in focus for investors.
Childcare tax breaks can save families and businesses money — but few use them, congressional report finds
Childcare can be expensive for both parents and their employers. Yet existing tax incentives to help defray those costs may go unused, a new report finds.
'Reward for failure': Investor support for Target Chair Brian Cornell falls to lowest level ever
Target Chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.