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(Bloomberg) -- The Pentagon accused some of China’s biggest companies, including Alibaba Group Holding Ltd., Baidu Inc. and BYD Co. of supporting the Chinese military, doubling down on an earlier decision to label crown jewels of the country’s corporate world as threats to US national security.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center

A single business segment accounts for most of SpaceX's growth potential.

(Bloomberg) -- Banks with exposure to heavily-indebted broadband providers are selling their loans to distressed debt funds at a discount, a sign of their increasing weariness with the cash-strapped sector.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeChip Stocks Rally

SINGAPORE, June 9 (Reuters) - SpaceX's $75 billion IPO is fuelling a frenzy among investors in Asia for ETFs and supply chain partners linked to Elon Musk's rocket company that are likely to benefit from the blockbuster deal. Shares of satellite and ‌rocketry-related companies worldwide have surged as everything from Starlink component manufacturers to ETFs that own private shares in SpaceX draw strong demand.

Barclays cut its ASTS price target to $60 from $65, citing launch delays and an unattractive risk-reward profile.

AirTrunk, founded by Australian billionaire Robin Khuda, is aiming to line up cornerstone investors ahead of the planned launch of its real-estate investment trust IPO in August.

OpenAI filed preliminary paperwork that would open the door to it becoming a publicly traded company, the third in a powerhouse trio of artificial intelligence companies racing to Wall Street debuts.View on euronews

Zepto's advertising revenue jumped 151%, outpacing the company's 104% growth in operating revenue.

For millions of people, posting online is no longer just a hobby. It's a business. More than 200 million people considered themselves creators as of 2025. In the U.S. alone, 27 million creators make income through content, according to Salesforce data. And the money behind this work is also growing ...

AI coding startup Cursor, which SpaceX has an option to buy for $60 billion, will open its European headquarters in ‌London and hire some 200 staff, an executive told Reuters, as demand in ‌the region grows for tools that automate software development. Elon Musk's SpaceX, which is readying for a closely watched ​IPO this week, said in April it had secured an option to either acquire code-generation startup Cursor for $60 billion later this year, or pay $10 billion for their new partnership, as it pushes deeper into the lucrative market for AI developer tools. San Francisco-based Cursor chose London for ‌its deep talent pool and ⁠access to multilingual workers, allowing the company to support multiple European markets from a single base, said Ismail Elmas, Cursor's senior vice president ⁠for EMEA.

Gold has been soft since the Iran conflict started – in part because the war sent the dollar up, while the oil price spike had central banks focusing on the inflationary impacts and discussing raising rates. But if you are underinvested, this is a good time to buy, maintains Adrian Day, editor of Global Analyst.

Enterprise software giant Oracle (NYSE:ORCL) will be announcing earnings results this Wednesday after market hours. Here’s what to expect.

By Praveen Paramasivam June 9 (Reuters) - U.S. sneaker brand New Balance's India partner, Brandman Retail, plans to more than quintuple its store count by 2028 and introduce brands such as France's

Intel spent the second half of last week, between June 4 and 5, getting hammered alongside the rest of the chip sector. Then things changed on Monday, June 8. Shares of Intel (INTC) jumped about 13% to roughly $112 in early trading, one of the stock’s sharpest single-day moves of the year, after ...

IPOs have had juicy first-day gains this year, but it doesn’t take long for the pullback to start. And that is particularly true for mega IPOs.

E-commerce pet food and supplies retailer Chewy (NYSE:CHWY) will be reporting results this Wednesday before the bell. Here’s what investors should know.

Bank of America’s year-end target for the S&P 500 is 7,100, while Citi has raised the year-end target to 8,100 from 7,700.

The head of Europe’s most valuable company has warned the EU against intervening directly in semiconductor supply chains, arguing that reducing...

The AI boom is lifting the fortunes of hundreds of formerly drab industrial, utility and mining companies as investors turn to the “picks and...

World shares were mostly higher on Tuesday, with tech shares leading gains after Wall Street recovered some of its sell-off from last week. Oil prices fell back after surging on Monday as fighting flared between Israel and Iran, threatening to pull the region back into full-scale war. SK Hynix, which on Monday announced plans to partner with Nvidia in building data centers, jumped 15.9%.

Apple is trying to reset the conversation around its place in the artificial intelligence race. The iPhone maker on June 8 unveiled the next generation of Apple Intelligence, including a new and more powerful Siri AI, deeper AI features across its devices, expanded parental controls, and software ...

Sandisk has already delivered one of the most extraordinary stock rallies in the technology sector this year, up more than 550% in 2026 before last week's pullback. The memory company fell more than 15% over two sessions as the broader AI trade sold off on Broadcom earnings and profit-taking. Bank ...

For weeks after Cerebras Systems (CBRS) went public on May 14, Wall Street analysts largely stayed silent. That changed this week, which started June 7, when the post-IPO quiet period ended, unleashing a wave of coverage from several brokerages, including Morgan Stanley, which issued its first-ever ...

As Anthropic races toward what could become one of the most closely watched IPOs this year after SpaceX, co-founder Jack Clark is warning that the artificial intelligence industry may need something it currently lacks: a brake pedal. Speaking to BBC...

(Bloomberg) -- Traders may have another reason to worry less about bond volatility spiking this summer: the FIFA World Cup.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’LA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeChip Stocks Rally in AI Trade Revival After Plunge: Markets WrapCitigroup Inc. says market swings in

Despite ACA market challenges and exits by Cigna and Aetna, Oscar sees competitor withdrawals as a potential opportunity for growth in 2027.

A bipartisan pair of U.S. senators on Monday urged President Donald Trump's administration to tighten ‌rules on chip contract manufacturers such as Taiwan Semiconductor Manufacturing Co to ‌prevent them from making advanced AI chips for overseas subsidiaries of Chinese companies. This comes after ​the Trump administration last week moved to halt a potential loophole that may have led companies to export advanced chips such as those made by Nvidia to subsidiaries of Chinese companies located outside China. The Bureau of ⁠Industry and Security (BIS), the arm of the U.S. Commerce Department that oversees export control laws, has clarified that sales to Chinese company subsidiaries in third countries such ​as Malaysia ​require a license.

This is important information if you plan to buy at the IPO.

By Wayne Cole SYDNEY, June 9 (Reuters) - Asian stock markets tried to stabilise on Tuesday and oil prices came off highs after Israel and Iran said they would halt attacks on each other for now, while

AI firm Perplexity is planning to go public in 2028 regardless ‌of how the market receives the listings ‌of Anthropic and OpenAI, CNBC reported on Monday, citing an interview ​with CEO Aravind Srinivas. • "Agnostic of these two companies, we were planning for something in 2028, so that still remains the case," Srinivas told CNBC ‌in an interview. • ⁠OpenAI confidentially filed for a U.S. IPO earlier on Monday, following Anthropic's filing ⁠last week.