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Possessing impressive mechanical drawing and drafting skills acquired through self-education, hard work, intelligence and an exposure to mechanical systems, he filed a patent in 1874 with a coinventor for an improved toilet system on railroad cars. After working in secrecy, under pressure and deep into the night in a very tight timeline, Latimer (1848-1928) provided Bell detailed and precise drawings. "He's the exemplar of what inventors are," said James Howard, executive director of the Black Inventors Hall of Fame, of which Latimer is a member.

New Delhi cannot shield its people from the sticker shock anymore. And then the inflation floodgates open.

The long-awaited SpaceX IPO next week positions the company at roughly $2 trillion in market value. On CNBC’s Morning Call Sheet on Friday, June 5, Adam Kobeissi, Editor in Chief of The Kobeissi Letter, strategist Matt Powers, and Senior Economist Jose Torres argued the deeper story is a rotation out of AI semiconductor leaders into ... SpaceX IPO Hype Is Hiding a Deeper Story. Investors Are Rotating Back Into Blue Chip Stocks.

The market is wrestling with Planet Labs' first-quarter earnings and an equity offering this week, but the company itself seems to be doing great.

Analysts remain bullish, but the stock's rally has raised expectations.

The operator of the S&P 500 says it has decided not to change its guidelines for when very large “MegaCap” companies are eligible for inclusion into its bevy of stock indexes. In its announcement Thursday, S&P Dow Jones Indices said its index committee weighed responses received from a “wide range of market participants,” but ultimately decided not to make any changes to its criteria for determining when a company should be added to the S&P 500, S&P MidCap 400, or S&P SmallCap 600 indexes. The committee also decided against creating exceptions to its guidelines solely based on market capitalization, or how the stock market gauges a company’s value.

SpaceX may appeal to investors seeking innovation and growth.

A few months ago, International Business Machines (IBM) looked like collateral damage in the artificial intelligence boom. Investors worried that the very technology powering the AI rally could quietly chip away at the businesses that have funded Big Blue for decades. That worry has faded fast, and ...

US equity indexes sank amid a slide in mega-cap chip names and government bonds, as strong jobs slas

Not all of Wall Street is buying Musk’s math.

Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat inflation and Wall Street wrestled with weakness in AI stocks.

Quantinuum’s IPO grabbed headlines, but its first trading day showed both excitement and caution. How can investors approach QNT stock after its Wall Street debut?

While theme park giants like Disney and Universal can withstand periodic drops in visitor numbers, a bad season can spell doom for a smaller theme park. After posting a loss of more than $1.2 billion at the end of 2025, Six Flags announced that it will be closing six "underperforming" locations in ...

Major stock indexes fell sharply after a strong jobs report set the stage for the Federal Reserve to hike rates.

Highflying memory-chip stocks Micron and Sandisk tumbled on Friday after hitting record highs on Wednesday.

The SpaceX initial public offering is one of a kind; the investment opportunity is not. SpaceX’s IPO is arguably the biggest capital-markets event ever, and unique. SpaceX’s singularity will continue when it starts trading, with the company added to the just 15 trading days after the offering, requiring passive buying of 10% to 15% of the shares outstanding, and a massive amount of retail participation in the IPO.

AI server stocks put up eye-popping gains in May and early June, with Supermicro, Dell, and HPE seeing huge pops after their latest earnings.

The Dow Jones hit a new high while the Nasdaq tumbled as Broadcom and Ciena triggered AI and chip losses. SpaceX set an IPO price target.

Find insight on FedEx Freight, Volvo and more in the latest Market Talks covering Auto and Transport.

US equity indexes slumped amid a sell-off in mega-cap chip names and government bonds, as a strong j

Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.

Find insight on the won, Bank of China, Commerzbank, Reserve Bank of India and more in the latest Market Talks covering Financial Services.

The May employment data landed with a thud for bond bulls, with implications for Treasury proxies like the iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT). May nonfarm payrolls rose 172,000, the best number since March, when the figure came in at 185,000, and well above expectations. CNBC’s Rick Santelli, reacting on Squawk Box, asked, “Is ... The Jobs Report Released Today Was Great. That’s Bad News for Bond Yields.

Quantinuum was supposed to be the quantum sector’s most anticipated public listing of the year. While Quantinuum posted a wider net loss and lower revenue for the first quarter, the phenomenon of growing losses and “lumpy” revenue—large infusions of income at inconsistent times—is observed by most players in the industry at some point in their life span.

As markets (^DJI, ^IXIC, ^GSPC) prepare for the public launch of SpaceX (SPAX.PVT) on June 12, should investors be skeptical of these mega-IPOs expected to sweep Wall Street? 9i Capital Group founder and CEO Kevin Thompson cites the circular investing occurring between Big Tech names and these pre-IPO companies — SpaceX, OpenAI (OPAI.PVT), Anthropic (ANTH.PVT). OpenAI and Anthropic have also filed to go public in 2026.

By Amanda Cooper LONDON, June 5 (Reuters) - Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new

SpaceX launched its IPO roadshow this week, making its pitch to Wall Street with recorded executive interviews, a flashy website, and a marketing campaign focused on its potential to dominate the commercial space market. Among the stops on the tour was a live-streamed interview with founder and CEO Elon Musk, and JPMorgan Chase CEO Jamie Dimon. Dimon sat on stage on the 51st floor of JPMorgan’s Manhattan headquarters in front of a live audience.

The European stock markets closed mixed Friday as the Stoxx Europe declined 0.2%, Germany's DAX was

Reid Hoffman, billionaire co-founder of networking website LinkedIn, has ‌decided not to stand for re-election ‌to Microsoft's board of directors at its 2026 ​annual shareholder meeting, the software giant said in a filing on Friday. Hoffman, who has served on the board since 2017, ‌will stay on ⁠till the meeting. In 2016, ​he sold LinkedIn ​to Microsoft for $26.2 ‌billion in what was at the time the tech giant's largest-ever deal.

The restaurant company could potentially have as many locations outside the U.S. as it does inside, given a few decades of further growth, CFO Adam Rymer said.