SpaceX stock drops again after rally following blockbuster IPO

A rally following the company’s record breaking IPO on June 12 has cooled, with stock dropping the past two full days of trading.
CNBC Elite Advisors: Top ultra-high net worth wealth management firms for 2026

CNBC Elite Advisors recognizes wealth management firms serving high net worth and UHNW clients.
Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again

The update comes even as industry trackers showed Iranian tankers have continued to sail through the strait.
UK PM Starmer resigns as Britain faces its seventh leader in 10 years

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CNBC Daily Open: U.K.’s Keir Starmer on the verge of quitting

A war of words in Westminster could cost U.K. Prime Minister Keir Starmer his job, as the leader looks set to resign amid pressure from within his party.
UK Prime Minister Keir Starmer set to outline exit plan as pressure to quit builds

U.K. Prime Minister Keir Starmer is expected to set out a timetable for his departure later.
China imposes trade curbs on dozens of U.S. firms in retaliation for Pentagon blacklist

The Pentagon earlier this month updated its so-called 1260H list by adding a slew of Chinese technology companies to a roster of entities it believes have aided Beijing’s military.
U.S., Iran agree on roadmap for final deal and plan to end military operations in Lebanon

The talks were the first round of negotiations under a memorandum of understanding signed last week, which extended a tenuous ceasefire by 60 days.
Oil rises after Trump threatens fresh strikes on Iran, overshadowing peace talks

Oil prices climbed on Monday after U.S. President Donald Trump threatened renewed military action against Iran.
Stock futures fall as oil prices rise; investors await key reading on inflation: Live updates

U.S. equity futures were lower on Sunday as Wall Street awaited the release of inflation data that is closely watched by the Federal Reserve.