SpaceX gains 9% in premarket trading as momentum builds
CEO Elon Musk said Sunday that the company “might be able to reach approximately” $1 trillion revenue in 2030.”
Biotech IPO window is opening but big pharma M&A still sets the pace, top bankers tell CNBC
Biopharma dealmaking is driven by pressure to top up drug pipelines ahead of major patent expirations later this decade.
Qualcomm CEO says AI agents will replace apps — as chip giant works on 40 new AI-powered devices
Qualcomm CEO Cristiano Amon said he is bullish on smart glasses which could eventually become as big as the smartphone.
Bank of Japan hikes rates to highest since 1995 as yen languishes at historic lows
This is the BOJ’s first hike since December, when it raised rates to its current level of 0.75%, also its highest level in over 30 years.
China economy weakens further in May as retail sales post first drop in over three years
China’s retail sales fell for the first time in more than three years in May, while urban investment contracted more than expected, adding to signs the economic slump deepened.
Stock futures are little changed after Dow posts new record close on potential U.S.-Iran peace deal: Live updates
On Monday, the Dow Jones Industrial Average climbed to new intraday and closing records on a potential peace deal between the U.S. and Iran.
This cybersecurity stock is up 80% since April. Joe Terranova says it’s still a buy
CrowdStrike Holdings still has room to run, even after soaring more than 80% since April 10, according to investor Joe Terranova.
Nvidia plans to raise at least $20 billion in first debt sale since start of AI boom
Nvidia is set raise capital in a debt sale for the first time since 2021, when the chipmaker was a fraction of its current size.
Gavin Newsom says Trump ordered DOJ to investigate him and his wife
California Gov. Newsom called President Donald Trump “simply the most corrupt President in American history.”
‘Mag 7’ is no more, meet the ‘FAB 10’: Retail investors buy SpaceX in record numbers for their new portfolio plan
Single-stock retail buying was $117 million for SpaceX on its first day of trading, amounting to 56% of all retail purchases, Vanda Research found.