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on 06/12/2026

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 anticipated IPO.

on 06/12/2026

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.

on 06/12/2026

Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is 'stupid'

While SpaceX's IPO has caused alarm that it may be overvalued, some retail investors still want in.

on 06/12/2026

Meta reportedly begins dismantling $2 billion Manus deal on Beijing's orders

Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing's unprecedented order to hand back the Chinese-founded AI startup.

on 06/12/2026

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 history. Here's what that means for portfolios.

on 06/12/2026

Oil prices fall on proposed U.S.-Iran peace deal to reopen Strait of Hormuz

Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media.

on 06/12/2026

Space stocks jump with huge demand as investors clamor for any way 'to get long SpaceX'

Options volumes are booming in stocks with ties to SpaceX ahead of Friday's historic debut.

on 06/12/2026

Jim Cramer's top 10 things to watch in the stock market Friday

The biggest IPO of all time is finally here.

on 06/12/2026

For Warsh as Fed chair, silence may be the point

Kevin Warsh will hold his first Fed meeting, giving markets the first public look at how he'll communicate as chair of the Federal Reserve.

on 06/12/2026

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 vacate his earlier orders.

on 06/11/2026

Waymo launches premier subscription tier for $29.99 a month, starting in select cities

Waymo is offering a new subscription tier for power users, starting in San Francisco, Los Angeles and Phoenix

on 06/11/2026

Ex-Andreessen Horowitz partner slams his old firm, other VCs for 'political infiltration' around AI

John O'Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to "intimidate politicians."

on 06/12/2026

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.

on 06/12/2026

Trump picks former SEC Chairman Jay Clayton as national intelligence director

Trump's announcement came after House Democrats' objections to his pick of Bill Pulte as acting chief ensured that a key national security tool expires Friday.

on 06/12/2026

Warren questions SpaceX IPO oversight in new letter to stock indexes

Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.

on 06/12/2026

Honeywell CEO says AI will 'redefine automation' as labor shortages mount

Honeywell CEO Vimal Kapur said AI is poised to "redefine automation" by helping companies turn operational data into actionable insights.

on 06/12/2026

ChatGPT hits a billion monthly app users despite souring public AI sentiment

ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts.

on 06/11/2026

Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official

Millions of student loan borrowers who've lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.

on 06/11/2026

OpenAI to acquire Ona to support its AI coding assistant, Codex

Ona's technology will allow OpenAI's coding assistant, Codex, to take on longer-running tasks, OpenAI said.

on 06/11/2026

Coinbase launches tool to let AI agents manage trading and payments

Coinbase is betting that AI agents will become the primary interface for people's financial activity.

on 06/12/2026

BTS-mania poised to boost South Korea's economy well into the future

BTS-mania, with all the fan spending and travel, is poised to boost South Korea's economy well into the future

on 06/11/2026

Elections advertising spend for 2026 expected to reach record high, outpacing presidential years

High-profile 2026 midterm races in California, Texas and other key states are driving higher spend earlier in the cycle, AdImpact found.

on 06/12/2026

Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up 5%

Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.

on 06/11/2026

Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal

Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.