News

Several high-profile IPOs are boosting investment banking stocks.

(Bloomberg) -- Jensen Huang may see Marvell Technology Inc. as the stock market’s “next trillion-dollar company,” but it’s going to take a lot of growth for the chipmaker to even sniff that lofty level. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It

US equity markets were tracking in the green before the open Tuesday as traders await the Federal Re

Ding, dong and morning, folks Wall Street looks set to catch its breath on Tuesday after a record-setting run, as the giddy reaction to peace with Iran gives way to harder questions about oil and the Federal Reserve. Dow futures ticked up 0.1% after Monday's all-time closing high, with the...

Mobileye Global said on Tuesday it would launch its ‌own robotaxi service in the United ‌States next year, putting the self-driving technology supplier in ​direct competition with some of the very customers it serves. Increasing investment ⁠in driverless technology is ramping up competition as companies pursue greater ⁠control over deployment and revenue, reshaping partnerships across the autonomous vehicle sector. Mobileye plans ​to deploy ​about 100 vehicles ​in a major U.S. ‌city starting in 2027, with ambitions to scale the fleet to roughly 17,000 over the next five years.

The acquisition aims to address escalating data centre memory bottlenecks driven by AI and cloud workloads.

(Bloomberg) -- Patrick Drahi was running out of options to save his debt-ridden telecom empire.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen HormuzCreditors had closed ranks under a cooperation pact, making it difficult for Optimum Comm

(Bloomberg) -- With the recent crackdown on Anthropic, the Trump administration has given global leaders another reason to panic about their place in the technology race.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen HormuzOn Friday, the

(Bloomberg) -- The transit of empty ships through the Strait of Hormuz into the energy-rich Persian Gulf is being eagerly watched by the market, which would indicate increasing confidence in the outlook for a sustained peace deal.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds Wi

SpaceX signs $60B all-stock deal to acquire Cursor (Anysphere). Will this AI coding powerhouse merger boosts SPCX & aerospace AI innovation?

Pricing discipline will matter more than policy growth.

Four of the world's major central banks — the US Fed, the Bank of England, the Bank of Japan, and the Reserve Bank of Australia — will all set rates this week.

SpaceX's market debut turned into a record retail buying event.

PARIS, June 16 () - The French domestic intelligence agency DGSI has decided to terminate its contract with the U. tech firm Palantir in ‌favour of a French rival, ChapsVision, Prime Minister Sebastien Lecornu said ‌on Tuesday.

SpaceX (SPCX) allocated at least a single share of its $86.2 billion initial public offering to ever

Smartphone exposure haunts the stock despite diversifying into cars and data centers.

The automaker’s fans love the startup’s new R2, but high lease costs show the challenges in the changing electric-vehicle market.

It’s far from certain that Qualcomm can become a force in the data-center chip business. Qualcomm’s share price has surged more than 40% since the company disclosed a major data-center customer during its last earnings call in late April. Qualcomm’s stock has returned an anemic 5% over the past two years even with the recent jump.

Shares in the SpaceX supplier fell more than 2% on the news, however the stock has nearly tripled so far this year.

Stocktwits data showed retail sentiment on SPY and QQQ has remained ‘bearish’ despite the recent rally.

SpaceX topped $2 trillion on its first trading day, but history says the stock will drop sharply in the next year.

Electronics manufacturing services provider Jabil (NYSE:JBL) will be reporting earnings this Wednesday before market hours. Here’s what to look for.

(Bloomberg) -- A single trader on Polymarket lost nearly $1 million when Cabo Verde fought Spain to a stunning draw on Monday in one of the most unlikely outcomes in recent World Cup history, powered by a 40-year-old goalkeeper who left the pitch in tears. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East

(Bloomberg) -- Taxi-hailing app provider Go Inc.’s shares advanced 10% in its trading debut on the Tokyo Stock Exchange on Tuesday, helping to support investor sentiment after the nation’s largest initial public offering so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS a

What such a deal would actually hand the automaker's shareholders is less clear-cut than the headline odds suggest.

Gerber also said Tesla does not own the "brains" behind its self-driving and robotics ambitions.

(Bloomberg) -- Wall Street’s biggest banks are cutting their oil-price forecasts for the coming quarters, as optimism grows over a revival of Middle East crude output following an interim deal to reopen the Strait of Hormuz.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With All

WHATS NEWS BUSINESS FINANCE Oil prices fell, bonds rallied and the Dow industrials closed at a record 51671.03 after Trump announced a deal to end the war with Iran and reopen the Strait of Hormuz. The Justice Department’s senior leadership closed an investigation of Paramount Skydance’s bid for Warner Bros.

JPMorgan Chase spent five years trying to close one of the most embarassing chapters in its acquisition history. Now the case has a new variable it cannot control. Charlie Javice, the founder of student-finance startup Frank, is seeking a presidential pardon from President Donald Trump, according ...

The upcoming "Ten Owl Of Ten" mission will be Rocket Lab's 10th dedicated launch for Synspective.