Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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Who is Andy Burnham? And 4 other things investors should know as the UK replaces its prime minister
Keir Starmer’s exit puts Andy Burnham, gilts, sterling and the next UK chancellor in focus for investors.
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Meta’s WhatsApp head to step down, will be replaced by Indian fintech founder Kunal Shah
Will Cathcart will step down as the head of WhatsApp and move into another role at the company. Kunal Shah will take over.
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SpaceX signs computing power deal with open-source AI startup Reflection worth up to $6.3 billion
SpaceX has turned its Colossus data center into a commercial computing power platform, landing recent deals with Anthropic, Google and Cursor.
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‘Winners win’: Josh Brown on three winning Best Stocks to keep riding
Riding the big winners all year is great if you can identify them early enough.
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A new analyst is out with coverage on SpaceX. Why KeyBanc thinks the stock could be cut in half
The investment bank began coverage of the aerospace and satellite company with a Sector Weight rating, equivalent to no more than a hold.
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‘Reward for failure’: Investor support for Target chair Brian Cornell falls to lowest level ever
Target chair Brian Cornell built the retailer into a $100 billion-plus giant, but recent struggles and underperformance have fueled investor calls for change.
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Lucid to lay off roughly 18% of U.S. workforce, COO Marc Winterhoff leaves
Lucid Group is cutting its U.S. workforce by 18% as part of a cost-savings plan. It also said COO Marc Winterhoff is departing effective immediately.
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Treasury Department authorizes Iranian oil sales under 60-day license
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenuA general view of the Port of Kharg Island Oil Terminal, 25 km from the Iranian coast in the Persian Gulf and 483
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Watch out: Short-term cracks are starting to develop in the stock market
Investors may want to tread lightly as certain cracks are starting to emerge.
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SpaceX makes bond sale days after record IPO, discloses over $100 billion cash pile
SpaceX on Monday unveiled a senior unsecured notes offering and said it held about $100.8 billion in cash.
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