CNBC’s Jim Cramer said investors should view SpaceX as a multigenerational investment, whose biggest opportunities may take decades to fully materialize.
Etsy announced the layoffs along with second-quarter earnings.
China’s rapid progress in low-cost artificial intelligence is strengthening the investment case for the country’s internet giants after years in the shadow of chipmakers, market participants say.
DBS Group Holdings Ltd. delivered better-than-expected second-quarter profit that was powered by a surge in wealth-led fee income, and raised its 2026 guidance.
Since taking office in May, Warsh has implemented several measures that reverse decades of Fed culture.
Global stocks slipped from record highs amid weakness in chipmakers. Gold advanced to the strongest level since June.
Oil held losses as Iran said it reached an agreement with Oman on a proposed shipping route through the Strait of Hormuz, raising the prospect of more energy flows resuming through the critical waterway.
Box office analysts say the resurgence of billion-dollar releases bodes well for a film industry that's still chasing pre-Covid levels, even with higher prices.
SpaceX is using Tesla's big Megapack backup batteries to help power its Colossus AI data centers in Greater Memphis.
Disney posted record quarterly revenue at its parks division despite a continued slump in international travel to the U.S.
E.l.f. Beauty received $50 million in tariff refunds during its fiscal first quarter, leading profits to nearly double.
Salesforce promoted revenue head and former Oracle executive Miguel Milano to role of operating chief.
Cook was part of a 9-3 majority that voted last week to keep the central bank's benchmark borrowing rate in a range between 3.5%-3.75%.
The Trump administration has taken steps to effectively re-create the IEEPA tariff regime using other legal authorities. They already face court challenges.
The strength of its GLP-1 business suggests the stock still has more room to run.
Stocks and the Cboe Volatility Index move together only about 20% of the time.
Google's AI divisions are getting reshuffled, the search giant announced on Wednesday.
Disney is considering a free streaming product as advertising takes a bigger role in making streaming profitable.
Beijing's move to tax offshore trusts, long used by China's ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
Asian travelers' appetite for Europe remains resilient despite record-breaking heat, with spending in Northern Europe projected to increase.