News

(Bloomberg) -- House lawmakers have reached a bipartisan deal on a legislative package intended to strengthen online safety and privacy protections for children and teenagers—a key sign of progress on a major policy priority.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIranian Negotiators Said to Still Be Engaged in Talks With USStocks Fa

The Dow industrials advanced after Vice President JD Vance said Iran had agreed to allow nuclear inspectors back into the country. The Nasdaq fell.

Micron’s recent rollout follows Backpack's tokenized SpaceX launch, which the firm said surpassed 10,000 holders and $350 million in on-chain volume.

At $185, SpaceX (NASDAQ:SPCX) faces a stretched setup. The newly public rocket and connectivity giant has become the loudest IPO story on Wall Street, and the price action since listing demands a verdict. SpaceX operates the Falcon and Starship launch systems, runs roughly 9,600-satellite Starlink broadband constellation across 164 countries, and houses xAI after an ... SpaceX Ripped Past a $2.5 Trillion Valuation Following Its Historic IPO. Is SPCX Stock a Dangerous Bubble at $185?

Accenture stock sank on Q3 revenue miss and disappointing future guidance. But the options market cautions against buying the post-earnings dip in ACN shares.

Stephanie Roth, chief economist at Wolfe Research, argued on a CNBC Morning Call that the AI capex cycle has runway, geopolitical risk is being absorbed by the stock market, and the Federal Reserve can stay patient despite sticky inflation. Her view sets the tone for a week hinging on Micron Technology (NASDAQ:MU) earnings, Iran negotiations, ... AI Momentum Outweighs Iran Risks and Fed Concerns, Says Chief Economist

Tata Electronics said on Monday it had detected a recent "cybersecurity incident", after researchers said World Leaks posted purported component design and specification papers of Apple and Tesla, both customers of the Indian group. Apple was investigating the breach ​and a "full analysis was going on", a source familiar with the matter said, adding that Tata had received a ransom demand related to the incident. Apple did not respond to requests for comment.

Micron Technology led other AI hardware stocks higher to start the week, ahead of the memory chipmaker's earnings.

On this episode of Stock Movers with Nathan Hager: - Apogee (APGE) shares are soaring on news AbbVie is closing in on a nearly $11 billion deal to buy inflammatory disease drug developer Apogee Therapeutics. That's also according to a Financial Times report. - Regenxbio (RGNX) shares are moving on news Regenxbio aligned with the FDA on next steps for a potential accelerated approval of Navsunli, a gene therapy for Mucopolysaccharidosis II, with the FDA confirming the company doesn't need to conduct additional studies of the drug. - SpaceX (SPCX) is lower this morning, continuing its slide after its record IPO.

Alphabet’s stock more than doubled on a simple, spectacular, and staggering premise: it built an AI engine so powerful it can’t keep it fed.

Inflation has been the market’s dominant concern. While investors spent much of the past year focused on artificial intelligence, earnings growth, and record-high stock prices, the conversation has been overshadowed by rising consumer costs and the Federal Reserve’s response. Energy prices sit at the center of that debate. Oil surged above $100 a barrel after ... Iranian Oil Is About to Flood the Market. Has the Fed’s Biggest Pressure Valve Been Released?

The Lime IPO will include a purchase of $20 million in shares by Uber, which is already a major backer of the e-scooter and bike firm.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

Memory giant Micron (MU) will report its third quarter earnings after the bell on Wednesday, providing another update on the broader AI build-out.

The rumor that Elon Musk may merge SpaceX and Tesla will only further disconnect the carmaker's valuation from its performance, Jefferies says. Cathie Wood bought almost 55,000 shares of Tesla on Friday.

SpaceX stock fell again on Monday, now poised for three straight down days after a massive run up following its IPO earlier this month. SpaceX also confirmed its first ever bond issuance in filing.

The Dow rose 270 points, or 0.6%. The Nasdaq was down 0.1%. The major indexes tumbled on Wednesday in the wake of Kevin Warsh’s first Federal Open Market Committee meeting as chairman of the Federal Reserve, but traders bought the dip on Thursday.

Despite the interim US-Iran deal and a considerable fall in oil prices, risk assets have barely moved, with the S&P 500 still beneath its record high from early June and credit spreads widening. The puzzle reflects four competing forces, Deutsche Bank analyst Henry Allen argues. First,...

Over the past six months, Hillman’s stock price fell to $8.22. Shareholders have lost 9.8% of their capital, which is disappointing considering the S&P 500 has climbed by 9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.

The search giant is putting about $75 million into the studio as part of an artificial intelligence research partnership.

Although they sit atop the home improvement industry, these two businesses aren't immune from macroeconomic forces.

BANGALORE, June 22 - Indian fintech firm CRED's founder Kunal Shah will become Meta-owned WhatsApp's new leader, the messaging app's current head Will Cathcart said on Monday in a post on X. 

MP Materials and USA Rare Earth climbed as Beijing included the U.S.-backed rare earth suppliers on an export ban list.

The company plans to use proceeds to repay bridge financing, with AI infrastructure cited as a key funding priority

Indian ‌fintech firm ‌CRED said ​on Monday it will raise ‌about $900 ⁠million from Meta Platforms ⁠at a ​post-money ​valuation ​of $4.5 billion, ‌as it seeks to accelerate growth ‌and ​prepare ​for ​an eventual ‌stock market ​listing. (Reporting ​by Surbhi Misra ​in ‌Bengaluru; Editing ​by Diti ​Pujara)

SpaceX is selling investment-grade bonds for the first time to fund the company's AI ambitions following its record IPO. Ed Ludlow has more on "Bloomberg Open Interest."

The market’s attention has been fixed on SpaceX‘s (NASDAQ:SPCX) historic public debut and the company’s rapid climb toward a valuation exceeding $2 trillion. Yet the bigger story may not be the IPO itself. It may be what Elon Musk does next. Over the past several years, Musk has increasingly consolidated businesses that share technology, talent, ... Did Elon Musk Just Hint a SpaceX-Tesla Merger Is Imminent?

Global Auto is exploring a Toronto listing as soon as this year, with deliberations still ongoing.

Micron Earnings Loom as Wall Street Bets on Another AI-Fueled Blowout