Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.
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Ahead of SpaceX IPO, Elon Musk addresses ASML employees as part of push into chip manufacturing
Elon Musk called ASML a great company in a fireside chat with CEO Christophe Fouquet, as the SpaceX CEO gears up to go big in chip manufacturing.
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Insurance stocks — especially one name — are about to break out, charts show
Jay Woods of Freedom Capital Markets says insurance stocks have been trending sideways for years but charts show that is changing.
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Coinbase launches tool to let AI agents manage trading and payments
Coinbase is betting that AI agents will become the primary interface for people’s financial activity.
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Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal
Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
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Waymo launches premier subscription tier for $29.99 a month, starting in select cities
Waymo is offering a new subscription tier for power users, starting in San Francisco, Los Angeles and Phoenix
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Oracle shares tumble on earnings. But there’s a silver lining for our AI chip and power stocks
Oracle investors didn’t get what they wanted. But its earnings report was a good sign for other stocks in the AI trade.
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BMO raises S&P 500 year-end target citing ‘unprecedented’ earnings growth
BMO Capital’s new year-end S&P 500 target of 7,850 implies that the benchmark index could rise 8% from here.
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Trump administration appeals ruling blocking $100,000 H-1B fee
The appeal follows a ruling that President Donald Trump exceeded his authority by imposing a $100,000 H-1B visa application fee without approval from Congress.
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OpenAI to acquire Ona to support its AI coding assistant, Codex
Ona’s technology will allow OpenAI’s coding assistant, Codex, to take on longer-running tasks, OpenAI said.
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