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on 06/03/2026

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.

on 06/03/2026

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.

on 06/04/2026

Broadcom stock plunges on weak software sales, unchanged AI chip forecast for the year

Broadcom reported fiscal second-quarter results on Wednesday and missed estimates for revenue.

on 06/04/2026

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.

on 06/04/2026

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.

on 06/04/2026

Asia-Pacific markets open lower 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.

on 06/03/2026

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.

on 06/03/2026

Historic stock rally faces key test

Two key tech companies reporting earnings after the bell could determine the next move higher or lower.

on 06/03/2026

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.

on 06/04/2026

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.

on 06/03/2026

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.

on 06/04/2026

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.

on 06/03/2026

A classic strategy that could yield big dividends

Packaging Corp of America (PKG) is an old-school, brick-and-mortar industrial business.

on 06/03/2026

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.

on 06/03/2026

What's behind Palo Alto's earnings sell-off — and how to proceed

The stock was red hot into the earnings report.

on 06/03/2026

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.

on 06/03/2026

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.

on 06/03/2026

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.

on 06/03/2026

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.

on 06/03/2026

Morgan Stanley will soon open its trillion-dollar wealth management funnel to AI agents

Morgan Stanley's move is one of the earliest instances of a major Wall Street bank opening its platforms to external AI tools.

on 06/04/2026

OpenAI CEO Sam Altman meets with lawmakers, Trump officials in DC

President Donald Trump signed an executive order about AI this week, which Altman voiced support for.

on 06/03/2026

Bitcoin set to slump to new lows for 2026 after recent sell-off, traders forecast

The cryptocurrency is likely to break below its lows hit in early February, traders on prediction market Kalshi believe.

on 06/03/2026

Leveraged ETF assets double in two months as investors press AI bet

Investors turn to ETFs linked to AI and Tech, with exposures in the U.S. and Korea/Taiwan doubling in just two months

on 06/03/2026

Meta is trying to sell AI agents to businesses in latest effort to diversify away from ads

The Meta Business Agent will be included in the company's Meta One paid subscription offerings.