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JPMorgan will host a post-IPO celebration for SpaceX employees on the top floor of JPMorgan’s Manhattan headquarters on June 12. The event was envisioned by Jamie Dimon and pitched directly to Elon Musk. It features a custom rooftop light display designed by artist Leo Villareal and shown here as a render. It will include a SpaceX themed spread including SpaceX themed cocktails and a rocket cake. The bank, which just earned $75 million serving as a lead underwriter to the rocket company’s IPO, expects 250 SpaceX employees to attend.

(Bloomberg) -- Shipowners are watching warily for a peace deal between the US and Iran and what it would mean for the Strait of Hormuz, with some tanker owners expressing caution, while others were already predicting a frantic free-for-all if the waterway opens in earnest. Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Insists Iran Deal I

(Bloomberg) -- SpaceX’s historic $75 billion IPO drew more than $350 billion in demand from institutions and retail investors, according to people familiar with the matter.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeXbox Plans Significant Layoffs as New CEO Plans OverhaulUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekTrump Insists Iran Deal Is Close After Scrapping New StrikesUAE and Iran Meet Face-to-Face to Try to Deescalate TensionsThe lar

JPMorgan data show hedge funds cut positions in the biggest U.S. tech names, with some adding bearish bets, just before SpaceX began trading Friday

The Department of Justice reportedly sent subpoenas to some of the biggest American banks. Among those who received the subpoenas were JPMorgan Chase, Bank of America, and Wells Fargo, The Wall Street Journal reported, citing anonymous sources. Jeanine Pirro of the United ...

Ripple CEO Brad Garlinghouse appeared on the "Mornings with Maria" show on Fox News on June 11 and discussed the Digital Asset Market Clarity Act in detail. The legislation aims to establish a comprehensive regulatory framework for cryptocurrencies. It aims to resolve ...

The Fed’s new chairman may end up presiding over interest-rate hikes, even though President Donald Trump wants lower rates.

(Bloomberg) -- Prometheus, an artificial intelligence startup led by Jeff Bezos, has raised a round of funding that values it at $41 billion, bolstering the Amazon.com Inc. founder’s status as a significant player in the AI boom.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulTrump Vows New Attacks on Iran, Threatens Key Energy TargetsHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksSpaceX IPO

(Bloomberg) -- Cloud-computing giants powering the artificial intelligence boom are tapping global debt markets to fund hundreds of billions of dollars needed for data centers, chips and other infrastructure. Junk-rated CoreWeave Inc. is now following their lead.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Vows New Attacks on Iran, Threatens Key Energy TargetsUS Strikes Iran in Trump Escalation

The era of relying on a narrow group of market leaders may be coming under pressure. As earnings growth begins to spread across a wider range of companies, investors face a critical question: where will corporate profits grow fastest over the next year? J.P. Morgan Private Bank believes it has ...

The Fed’s new chairman may end up presiding over interest-rate hikes, even though President Donald Trump wants lower rates.

(Bloomberg) -- SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stock

As of one year ago, UnitedHealth Group (UNH) was experiencing a severe and volatile downward correction, trading at approximately $300 to $312 per share. Down from its all-time closing high of $603.20 in November, 2024. The CEO, Andrew Witty, had suddenly stepped down, the company pulled its ...

(Bloomberg) -- Gold whipsawed after the US completed a fresh round of strikes against Iran, raising the stakes in a war that’s roiled global markets and stoked inflation.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Xbox Plans Significant Layoffs as New CEO Plans OverhaulTech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapUS Strikes Iran in Trump Escalation Over Stalled Peace TalksH-1B Visa Rules Have Changed Again. What to KnowBullion rose as muc

(Bloomberg) -- Gold whipsawed after the US completed a fresh round of strikes against Iran, raising the stakes in a war that's roiled global markets and stoked inflation.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapXbox Plans Significant Layoffs as New CEO Plans OverhaulCuba Poised for Biggest US Fuel Shipment Since Cold War EmbargoH-1B Visa Rules Have Changed Again. What to KnowBullion rose as

(Bloomberg) -- Gold fell for a third day after the US launched fresh strikes against Iran, threatening to extend the war that’s roiled global markets and stoked inflation.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Tech Stocks Sink as Oil Jumps on US-Iran Jitters: Markets WrapXbox Plans Significant Layoffs as New CEO Plans OverhaulCuba Poised for Biggest US Fuel Shipment Since Cold War EmbargoH-1B Visa Rules Have Changed Again. What to KnowBullion dropped

Investing.com -- The Justice Department has issued subpoenas to several major U.S. banks, including JPMorgan Chase and Bank of America, requesting information about whether they improperly closed customer accounts for political reasons, according to a Wednesday report by the Wall Street Journal.

The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in April 2026 all tested household finances, and spending held up ...

(Bloomberg) -- SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Fall as US-Iran Tension Spurs Rally in Oil: Markets WrapUS Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopt

(Bloomberg) -- President Donald Trump turned into a M&A enthusiast, with a surprise shout-out for Citigroup Inc. Chief Executive Officer Jane Fraser.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapStocks Waver as US-Iran Tensions Offset CPI Relief: Markets WrapTrump touted a metri

When a Wall Street heavyweight tells you a $1.8 trillion company still looks cheap, it's worth slowing down to understand why. That's roughly the message coming out of JPMorgan (JPM) this month. Fresh off Broadcom's latest earnings, the bank didn't just nudge its outlook higher. It made a ...

(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000

By Arasu Kannagi Basil and Nupur Anand June 9 (Reuters) - JPMorgan Chase is keeping a close watch on consumer health as worries about inflation persist, Marianne Lake, CEO of the bank's consumer and

Investors weigh SpaceX's IPO as Tesla, xAI and Starlink become increasingly interconnected.

(Bloomberg) -- Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), in a move that marks the end of the UK company’s near-century on the London Stock Exchange.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksAI Trade Unwind Rocks Korean Trad

The Federal Reserve’s asset cap on Wells Fargo came off in 2025. JPMorgan’s board waved through a $50 billion repurchase authorization. Bank of America returned $9.30 billion to shareholders in a single quarter. The post-stress-test capital return cycle is already running, and the cash is being shoveled out the door faster than most retail investors ... Banks Are Paying Again: 5 Financial Dividend Stocks After the Stress Tests

(Bloomberg) -- Big-name investors are staking out a contrarian stance before Thursday’s European Central Bank meeting.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryBecerra Advances for California Governor as Hilton Fights SteyerSpaceX Inks $30 Billion Computing Power Deal With GoogleUS Forces See Nearly 1,000 Hormuz Crossings Since CeasefireJPMorgan Asset Management argues that lacklus

(Bloomberg) -- Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform well if the artificial intelligence boom turns into a credit bust.Most Read from BloombergTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX Inks $30 Billion Computing Power Deal With GoogleSpaceX, Other Mega IPOs D

JPMorgan, Citi, Bank of America, and Wells Fargo are building a shared Tokenized Deposit Network to challenge stablecoins. It goes through The Clearing House, targeting a first-half 2027 launch, and the Federal Reserve is the audience that matters most.The stated pitch is efficiency: instant 24/7 settlement, programmable payments, blockchain-speed money ...

JPMorgan Chase CEO Jamie Dimon will reportedly pitch SpaceX‘s upcoming initial public offering to thousands of the bank’s wealthy clients at a special event in New York on Thursday. Dimon will be joined by JPMorgan executives Mary Erdoes and Marianne...