SpaceX closes IPO order books Wednesday with $150 billion in orders, a modest 2x oversubscription for the record listing.
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Apple on Monday will test its standing in the AI race, with analysts expecting the iPhone maker to open its developer conference with a long-awaited Siri overhaul and tools to tap the computing power of its 2.5 billion devices. Apple has been seeking to close a gap with rivals such as Microsoft and Alphabet's Google, which have moved faster to embed “agentic” AI — software that can carry out complex tasks — into everyday computing. The question is how far Apple is willing to go.
Micron Technology (NASDAQ:MU) is the stock everyone wants to talk about right now, with shares up 202.87% year to date on an AI memory supercycle narrative that has order books reportedly stretching into 2027. But here’s what you should actually be watching. The Crowded Trade At The Top Of Its Cycle Micron just reported a ... As Changing Fed Expectations Rattle Tech Stocks, This Cash-Generating Titan Is The Clear Winner
Is it time to dump David and buy Goliath?
The U.S. on Monday issued an updated list of Chinese companies it believes are aiding Beijing's military, including e-commerce group Alibaba, Internet search provider Baidu and automaker BYD. The long-awaited update supersedes a list from early 2025, and comes less than a month after President Donald Trump met China's Xi Jinping on a visit to Beijing, where the two leaders maintained a delicate trade war truce. In February, when Trump's trip to China had been pending, the Pentagon briefly posted an updated list, known as the 1260H or CMC list, but then quickly withdrew it with little explanation.
Find insight on Uber, Porsche, XPeng and more in the latest Market Talks covering Auto and Transport.
The largest IPO in history is days away, with SpaceX set to begin trading this Friday. While attention is fixed on the debut, investors may be overlooking a more actionable trade in Elon Musk's other public company, Tesla. Tesla's fundamentals have defied conventional logic since the company's inception.
Seagate stock and Western Digital stock climbed Monday after analysts offered positive views on demand from data centers.
(Bloomberg) -- SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imper
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The U.S. government has announced $1.6 billion in federal funding for USA Rare Earth. Here’s why that makes USAR shares attractive to own in 2026.
Michael S. Bishop: Thank you, operator. This morning, FuelCell Energy released our financial results for the second quarter of fiscal year 2026 and our earnings press release is available in the Investors section of our website at www.fuelcellenergy.com. In addition to this call and our earnings press release, we have posted a slide presentation on our website.
In an interview at the IATA annual meeting in Rio de Janeiro, GE Aerospace CEO Larry Culp remained optimistic that GE could secure more aircraft-engine orders from China following a meeting between President Donald Trump and his Chinese counterpart Xi Jinping in Beijing the previous month, after which their manufacturing partner, Boeing Co. secured an initial batch of commitments.
Expectations are running high for Apple's Worldwide Developers Conference, where the company is expected later Monday to unveil the biggest overhaul of Siri in years, including a chatbot-style interface and deeper integration across the iPhone, iPad and Mac. Bloomberg Tech co-Host Ed Ludlow discusses his expectations for the conference and how developments in Siri could impact the rest of the AI space. He also addresses investor expectations for the upcoming SpaceX IPO.
Apple is getting another crack at AI. Apple’s Worldwide Developers Conference, or WWDC, which kicks off Monday, represents the company’s third attempt to make its mark in artificial intelligence. It’s widely expected that Apple will unveil a much-enhanced Siri.
The SpaceX IPO is about far more than launching rockets.
FuelCell Energy (NASDAQ:FCEL) reported a wider second-quarter loss for fiscal 2026 as a non-cash impairment tied to its Groton Navy project weighed on results, while management emphasized a sharply expanding sales pipeline tied largely to data center and artificial intelligence-related power demand.
Wall Street heads into a big week after a sharp selloff rattled investors, with inflation data, Apple's annual developer conference and the highly anticipated SpaceX initial public offering set to dominate market attention. Stocks ended last week under pressure after a stronger-than-expected...
AutoCanada (ACQ.TO) announced Monday the completion of its acquisition of Contemporary Coachworks.
Etihad Airways CEO Antonoaldo Neves speaks to Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro. He says the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also talks about securing delivery dates for new aircraft from Boeing and Airbus SE.
Oracle and Adobe headline this week's earnings calendar as investors weigh AI spending, business outlooks and the start of the Q2 reporting cycle.
Europe's push to cut its reliance on U.S. Big Tech with EU-made technologies and chips could shut out other non-EU players from the European market, trade bodies representing tech companies in Australia, Canada and Japan warned on Monday. The warning by the Tech Council of Australia, the Canada EU Trade and Investment Association, the Japan Association of New Economy and tech lobbying group CCIA came a week after the European Commission proposed laws to boost homegrown cloud, AI and chip industries and cut dependence on U.S. tech giants such as Google and Microsoft.
HUN sells its Italy-based Gomet auto components unit to Trelleborg for about $50M, aiming to boost liquidity and cut borrowings.
Oil futures spent much of the spring moving sideways while something very different was happening in the physical market. Inventories were disappearing. Strategic reserves were being spent. Tankers that had been at sea when the Iran war began were arriving and emptying out. The buffers that had ...
With Bitcoin down 51% from its October 2025 peak and trading near $62,000, AI models identify June CPI and the June FOMC meeting as ...
Amazon.com said it entered a multibillion-dollar agreement with Corning to get optical fiber, cable and connectivity solutions to support its growing data center footprint.
SpaceX’s IPO has attracted roughly $150 billion in orders for $75 billion of stock. Investors are watching whether demand builds enough to support a strong first-day rally.
Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass maker Corning aimed at boosting U.S. production of optical fiber and connectivity products that are used in data centers. Amazon, however, did not disclose any further financial details on the partnership. Shares of Corning rose about 7% in early trading, as the partnership came as a fresh boost to the company's fast-growing fiber optics unit, at a time when weak consumer electronics demand has weighed on the segment that makes Gorilla glass.
Cava CEO Brett Schulman goes one on one with Yahoo Finance executive editor Brian Sozzi.