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Azure and AWS could face DMA obligations on interoperability, customer lock-in, and self-preferencing if EU regulators proceed.

The post-IPO run-up had drawn scrutiny from analysts concerned about whether SpaceX's fundamentals could eventually support its valuation

$1.3 trillion S&P 500 companies reported that level of capex for 2025, according to data compiled by S&P Global Market Intelligence. That figure includes $412 billion for just five large hyperscalers: Alphabet, Amazon, Meta, Microsoft and Oracle.

Picture someone at a company who has fully bought into Microsoft Copilot. They use it constantly, hundreds of tasks a week, drafting documents, summarizing meetings, chasing down information across the company's files. By any measure, exactly the kind of power user Microsoft would want. Turns out ...

Shares of Elon Musk's rockets-to-AI firm SpaceX ‌dropped nearly 9% on Thursday, ‌as the post-IPO frenzy that briefly placed ​it among the top five most valuable companies of the world appeared to fizzle out. Its shares were ‌last down ⁠8.8% to $174.8, after falling nearly 5% in the last ⁠session. Despite the losses, the stock still traded more than 29% ​above its $135 ​offering price.

Take-Two Interactive Software shares rose after the video game publisher announced a presales date for "Grand Theft Auto 6."

SpaceX (NASDAQ:SPCX) stock is down 8% on Thursday, June 18, sliding to $176 a day after the Federal Reserve’s latest policy decision. The pullback broke a three-day winning streak, the first losing session since the company’s IPO on June 12. SPCX stock touched a session high of $188.40 and then dropped quickly. That volatility, following ... SpaceX Drops 8% as the Post-IPO Cooldown Deepens: Profit-Taking or Fading Hype?

SpaceX opened lower on Thursday, extending losses from the prior session.

SpaceX was set to open lower on Thursday, extending losses from the prior session.

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Nation-state cyberattackers are increasingly using residential proxy networks to mask their traffic, turning everyday electronics into a massive global threat.

Shares pulled back Wednesday after a roughly 40% run since the company's Friday debut pushed its market cap past Amazon

The stunning rally in SpaceX shares is losing some steam. The stock was trading 6% lower this morning, after a staggering rally that propelled shares nearly 50% above its IPO price in less than three full days of trading. It may be that a frenetic wave of demand from individual investors is finally fizzling out.

SpaceX fell on Wednesday for the first time since the company went public, breaking a three-session winning streak that had pushed Elon Musk's rocket and AI venture into the upper tier of the world's most valuable companies.

SpaceX stock has risen around 50% since its Nasdaq debut last Friday, pushing its valuation above $2.66 trillion at Tuesday's close

Technology company Genspark.ai said on Wednesday it had raised $100 million in its extended funding round ‌that valued it at $2.6 billion, underscoring strong investor appetite ‌for AI companies developing workplace productivity tools. The round was backed by existing investors ​including Sozo Ventures, Korea Mirae Asset and UpHonest Capital. The latest investment brings the Palo Alto, California-based company's total Series B financing to $485 million.

Stock Market Today: The Dow Jones index wavered Wednesday ahead of the Fed's decision and Fed Chair Warsh's comments. SpaceX stock rallied.

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Microsoft has reportedly abandoned talks with Oracle to lease $3 billion in AI computing power after a stalemate over federal security regulations.

<body><p>STORY: Wall Street's main indexes ended mixed on Tuesday, with the Dow gaining just under two-thirds of a percent to notch its second straight record-high close... while the S&P 500 shed more than half a percent and the Nasdaq dropped more than one percent.</p><p>Shares of Elon Musk's SpaceX ended nearly 5% higher, paring earlier gains. For much of the session, the rocket and AI company's value was above that of Amazon, and it briefly surpassed Microsoft's valuation, as retail investors continued to pour into the stock after its record-breaking IPO.</p><p>But Amol Dhargalkar, chairman and managing partner at Chatham Financial, warned of several risks that could trigger volatility for SpaceX and other AI-related stocks.</p><p>"I think that's a really difficult position to be in as a retail investor, especially when you consider the fact that there is a lot of risk, not just in the business model, but these are names where the cash flows are likely far into the future.&nbsp;And we are not in a period of 0% or negative interest rates or even declining interest rates at this point.&nbsp;</p><p>There's a lot of question as to whether interest rates will continue to be flat or will they go up.&nbsp;And that can certainly be a meaningful drag on valuations of high growth companies, especially where that growth is out far into the future."</p><p>Investors will look for clues on where interest rates are headed when the Federal Reserve concludes its latest two-day policy meeting on Wednesday, with Kevin Warsh holding his first press conference as Fed chair.</p><p>Other stocks on the move included shares of Olin, which sank nearly 6% after the chemical producer said it would acquire Huntsman in an all-stock deal valued at more than $2.4 billion. Huntsman shares also fell as the offer stood at a discount to the stock's recent price.</p><p>:: Yum Brands</p><p>And shares of Yum Brands rose after the fast-food company said it would sell its Pizza Hut chain for $2.7 billion, against a backdrop of softer consumer spending across the fast-food industry.</p></body>

The move builds on an already historic run. SpaceX priced its IPO at $135 per share on June 12, 2026, in what was the largest public offering in history, raising $75 billion initially. Underwriters exercised their greenshoe option on June 15, lifting total proceeds to $85.7 billion. Tuesday's close puts SPCX up roughly 50% from its IPO price in just four trading sessions, a pace that has rattled even the most seasoned market observers.

(Updates with market moves at the end of the day.) The Dow Jones Industrial Average hit a fresh r

June 16 (Reuters) - Microsoft's discussions with Oracle regarding a cloud infrastructure leasing deal, potentially valued at more than $3 billion, have fallen apart due to security and compliance

By Sinéad Carew and Sruthi Shankar June 16 (Reuters) - The Nasdaq Composite and the S&P 500 lost ground on Tuesday under pressure from technology stocks, while the Dow Jones Industrial Average touched

(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr

SpaceX is one of the fastest new entrants ever into the top tier of the US market.

SpaceX shares are surging 14% in early trading, putting Elon Musk's rocket company on track for a third-straight day of gains. On an intraday basis, SpaceX has already crossed that threshold. Its stock move gives the rocket company a market cap of about $2.937 trillion, versus $2.654 trillion for Amazon.

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