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SpaceX's record-shattering IPO left $16.7 billion on the table—and the company is burning through cash fast enough that every dollar counts.

SINGAPORE, June 19 (Reuters) - China is stepping up scrutiny over exports of indium, leading some buyers to fear the niche metal, sought after for next-generation ‌data centers, may be added to the export control regime that has become ‌one of Beijing's most potent trade weapons. China produces nearly 70% of the world's indium, a byproduct of zinc refining mostly used ​in displays and solder but also the raw material for making indium phosphide, used to make high-speed optical chips for AI data

Google's Gemini co-lead Noam Shazeer is joining OpenAI, just two years after Google paid $2.7 billion to bring him back.

SpaceX shares dropped 18% from their IPO peak, leaving average retail buyers near breakeven, raising questions about the rally's durability.

By Stella Qiu SYDNEY, June 19 (Reuters) - Asian shares reversed course and fell on Friday as investors took some money off the table from record rallies in Japan and South Korea, while signs of an

The Turkish Competition ‌Board said on Friday ‌it had approved Uber ​Technologies Inc.'s acquisition of the delivery arm of Turkey's Getir from ‌Emirati controlling ⁠shareholder Mubadala. "The commitment by Uber Technologies ⁠Inc. to invest a total of ​US$500 million ​in ​Turkey is expected ‌to support high-quality employment, strengthen local engineering capabilities, and positively contribute to the development ‌of Turkey's digital ​and technology ​infrastructure," ​the competition board ‌said. Uber said in ​February ​it had agreed to acquire Getir's delivery ​arm, ‌expanding the U.S.-based company's ​Turkish footprint.

(Bloomberg) -- Investors looking for the stock market’s next artificial intelligence winner have honed in on embattled French car parts maker Valeo SE.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealUS and Iran Delay Nuclear Talks as Lebanon Clashes WorsenUS Tells ASML It’s Concerned China May Have Top Chip ToolShares in Valeo, which makes engin

Did you feel the “Whoosh” on Wednesday? That was stocks tanking after new Federal Reserve Chair Kevin Warsh’s first policy meeting. Hawkish talk and hawkish forecasts caused the odds of an interest rate hike to spike!

Rising inflation and climbing Treasury yields have already pushed investors to shift the narrative from interest rate cuts to potential rate hikes. Wednesday’s Federal Open Market Committee update made that outcome look a lot more realistic, maintains Bret Kenwell, US investment analyst at eToro US.

BEST CEOS Saudi Arabia’s oil monopoly recorded the largest annual corporate profit ever—$161 billion in 2022. Nvidia will almost certainly shatter that record this year: The consensus estimate is $217 billion, and rising.

CEO Raj Subramaniam has broken down the delivery company’s business silos and elevated its stock price.

The memory specialist heads into Wednesday's report having already guided for record revenue. But after a run that has more than tripled the stock this year, the outlook on memory pricing and supply may matter more than the quarter itself.

The rush to build AI data centres has created all sorts of unexpected winners and losers. It’s a good time to sell electrical components or air...

India's Nifty IT index slumped 5.6% on Friday after industry ‌bellwether Accenture forecast quarterly sales below ‌Wall Street view and lowered the upper end of its ​annual revenue outlook due to weakness in its Middle East business. Shares of Indian IT companies, including Tata Consultancy Services, Infosys, and HCL Tech fell ‌between 5% and ⁠8%. India's $315 billion IT sector has faced investor concerns that AI could disrupt ⁠its traditional, labour-intensive business model.

(Bloomberg) -- Dutch chip-equipment giant ASML Holding NV is contending with its biggest challenge yet under the Trump administration: In a series of recent meetings, Commerce Secretary Howard Lutnick outlined concerns to ASML’s senior leaders that one of its top-of-the-line machines may have made its way into China, in violation of US-led export restrictions.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump Meeting

Somewhere in the past few weeks, a supply chain rumor got out that a chip program Broadcom has been working on with Google might be running late. Nobody confirmed it. No contract was lost, no customer pulled back, no earnings were restated. Just a rumor, and yet Broadcom's stock shed nearly 7% in ...

Space Exploration Technologies Corp.‘s $60 billion acquisition of AI coding startup Cursor has ignited a fierce Wall Street debate, drawing high-profile reactions from billionaire investor Bill Ackman and venture capitalist Chamath Palihapitiya on why the market will pay “massive premiums”...

June 19 (Reuters) - Indian shares are set to open lower on Friday, snapping a five-session winning streak, as renewed concerns over Middle East tensions and a weak read-through from Accenture's

Leading cryptocurrencies fell, while stocks rebounded on Thursday as investors parsed the hawkish pivot in the Federal Reserve’s policy. Cryptocurrency24-Hour Gains +/-Price (Recorded at 9:25 p.m. EDT)Bitcoin (CRYPTO: BTC)-2.49%$63,012.93Ethereum (CRYPTO: ETH) -2.49%$1,713.17XRP (CRYPTO: XRP) -3.39%$1.14Solana (CRYPTO: SOL) -3.49%$69.83Dogecoin (CRYPTO: DOGE) -2.88%$0.08369 Crypto Market Dips Further Bitcoin fell to the early $62,000s, while Ethereum tumbled to an intraday low of $1,670, extendi

The Federal Reserve just held rates steady, with a hint that rate hikes could be in the cards.

Wielding its war chest to win data-center customers for its silicon, the world’s second-biggest company is taking a page from No. 1.

Costco has built its reputation by offering low prices on everything from groceries and household essentials to electronics and furniture. Part of what makes the warehouse giant so popular is its reliability. Members know they can typically count on Costco being open when they need to ...

(Bloomberg) -- The pound is set to face growing pressure as its recovery from the post-Brexit selloff has made it the most overvalued currency among major peers, according to Goldman Sachs Group Inc.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealNYC Greek Eatery Kiki’s Seized for Failure to Pay $1 Million TaxUS Ends Hormuz Blockade, Downplays T

One Musk-led mega company isn't an absurd idea.

Apple can afford the memory chips that it needs. After months of speculation about what the consumer-electronics giant might do in the face of soaring costs for memory chips, Apple now says it will be raising prices on its products. Chief Executive Tim Cook told The Wall Street Journal that the company has been trying to mitigate the “huge increases” in memory costs without passing them on to its customers, but “the situation has become unsustainable.”

Progress toward a peace deal with Iran outweighed hawkish undertones from Fed Chair Kevin Warsh. Plus, the Knicks’ market impact.

Ohio's law requiring children under 16 to get parental consent to use social media apps must be restored, a divided panel of the Sixth Circuit Court of Appeals ruled Thursday. The decision comes as a blow to NetChoice, which had won court victories against similar laws in other states, including California and Arkansas. The trade group representing TikTok, Snapchat, Meta and other major tech companies brought suit against Ohio's law in 2024, arguing that it was overly broad, vague and represented an unconstitutional impediment to free speech.

Micron, one of the hottest stocks in 2026, is on deck to report quarterly results in the coming days. But how have sales and EPS expectations evolved?

<body><p>STORY: Wall Street's main indexes closed higher on Thursday, with the Dow ticking up more than a tenth of a percent, the S&P 500 adding more than 1% and the Nasdaq gaining nearly 2%.</p><p>The session began with oil prices sliding to their lowest levels since early March after the U.S. and Iran signed an interim agreement that extends the April ceasefire by another 60 days.</p><p>But Alexander Morris, CEO and chief investment officer at F/m Investments, warns that lower oil prices won't immediately ease other inflationary pressures.</p><p>"Certainly energy prices are set to come down and meaningfully so in the short run. But energy prices have been elevated for a while, and that influences way more than just the cost at the pump. That's the cost of fertilizer for the Northern Hemisphere. All of the plants that needed to be planted and immediately fertilized, they've been in the ground for weeks. So that is now baked into the price of our future soft commodities, grains, corn, soybeans, et cetera. So we're going to see this reverberate."</p><p>Investors on Thursday were still assessing Kevin Warsh's first press conference as Federal Reserve Chair a day earlier, in which he stressed the central bank would keep its focus on price stability but provide less guidance on the path of interest rates.</p><p>:: Archive</p><p>:: Intel</p><p>Among individual stock moves, semiconductor companies outperformed the rest of the market, with Intel's shares jumping more than 10.5% to a record high. President Donald Trump said Apple had agreed to work with Intel to design and manufacture its chips in the U.S.&nbsp;</p><p>Shares of Elon Musk's SpaceX shed 3.5%, falling for a second straight day. The stock had rallied sharply earlier in the week following last Friday's blockbuster market debut.</p><p>And shares of Kroger tumbled almost 8.5% after the grocer reported a lower-than-expected quarterly profit and kept its annual forecasts unchanged.</p><p>The U.S. stock and bond markets will be closed on Friday for the Juneteenth holiday.</p></body>

Netflix remains one of streaming’s strongest businesses, with investors looking for signs that ad growth and cash flow can add more upside beyond future price hikes.