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(Bloomberg) -- A startup backed by former Google Chief Executive Officer Eric Schmidt unveiled an industrial robot powered by artificial intelligence, as investors pile into the emerging field of humanoids. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealModi Warns of ‘Shortage of Trust’ Ahead o

Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity gives the company a launchpad to land more enterprise customers.

HSBC on Wednesday announced a multi-year partnership with Alphabet Inc-owned Google Cloud focused on building ‌the British bank's artificial intelligence capabilities. The tie-up marks the ‌latest step in HSBC CEO Georges Elhedery's drive to embrace the revenue-generating and cost-savings ​power of AI which can process vast amounts of data, automating tasks previously done by people. The partnership, which HSBC said will focus on areas such as advice for wealth management clients and financial ‌crime risk management, shows ⁠how banks worldwide are accelerating their adoption of AI as they compete in a technology arms race ⁠with each other.

The Dow Jones hit a new high and SpaceX kept rising. But chips and most AI stocks fell. Fed chief Kevin Warsh's comments will be in focus Wednesday.

Amazon.com may face a U.S. Federal Trade Commission lawsuit ‌that could result in civil ‌penalties, following allegations that the e-commerce giant misled ​advertisers, Bloomberg News reported on Tuesday. The FTC has a possible complaint against Amazon as part of an ongoing probe, ‌Bloomberg reported, ⁠citing people familiar with the matter. The agency has been investigating whether Amazon and Alphabet's Google ​misled advertisers ​that place ads ​on their websites, ‌Reuters reported last year.

Palantir Technologies (PLTR) has spent years trying to convince Wall Street that it can become one of the most important software companies in the artificial intelligence boom. Its most recent action does just that. Palantir said on June 4 its software is available through the Google Cloud ...

SpaceX is one of the fastest new entrants ever into the top tier of the US market.

After SpaceX’s (NASDAQ: SPCX) IPO, Elon Musk’s net worth rose to $1.27 billion, making him the first trillionaire in world history (at least as far as most people know, based on inflation-adjusted dollars). His net worth has risen to $653 billion this year. That increase alone is larger than the net worth of the second-richest ... Who Is The World’s Second Richest Person?

CNBC’s Leslie Picker walked viewers through the mechanics of last week’s blockbuster listing on June 15. She framed SpaceX (NASDAQ: SPCX) as more than the biggest IPO ever priced. “Friday’s debut went off really smoothly. There were no technology glitches in the 19% day one gain meant that those who received allocation generated a pretty ... SpaceX’s 20% IPO Pop Signals Strong Demand Ahead of Megacap Listings

Genesis AI, the French robotics startup backed by former Google CEO Eric Schmidt, unveiled ‌its first general-purpose robot on Tuesday, as AI capabilities expand beyond chatbots and ‌into physical machines. The robot, named Eno, breaks from the humanoid design usually favoured by leading manufacturers, featuring ​a wheeled base rather than legs, a foldable tower and hands that the company says match the form of a human hand. Founded in early 2025, Genesis AI has raised $105 million (€90.6 million), one of France's largest and matching the record seed round of Mistral AI - Europe's leading AI company.

(Bloomberg) -- With the recent crackdown on Anthropic, the Trump administration has given global leaders another reason to panic about their place in the technology race.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen HormuzOn Friday, the

SpaceX (NASDAQ:SPCX) shares continued their remarkable advance in premarket trading on Tuesday, building on strong gains from their first two sessions as a public company and pushing the aerospace group toward a market capitalization of nearly $3 trillion. The rocket and satellite operator completed the largest initial public offering in history last week, ending its first day of trading on Friday with a valuation of approximately $2.

Nvidia is the latest company to tap Wall Street for the AI boom it helped create.

Space-X pulled off a Goldilocks IPO on Friday, and for good measure today is adding another gain to its initial 19% rise. Here's how other high-profile IPOs did on their first day of trading, according to Dow Jones Market Data: ‘Magnificent Seven’ growth stocks Nvidia, up 64%.

SpaceX's $150 debut valued the company near $2 trillion, pushing Musk's fortune to almost $1.05 trillion.

Investing.com -- Nvidia Corp. is preparing to sell investment-grade bonds for the first time in approximately five years, according to Bloomberg News. The chipmaker aims to raise at least $20 billion through the offering.

JPMorgan sees IPOs and share sales adding roughly $1.5 trillion of net stock supply over two years.

Trump declares Hormuz strait open, what to expect at Warsh’s first Fed meeting, where SpaceX stock goes from here, and more news to start your day.

(Bloomberg) -- Prime Minister Keir Starmer announced what he described as a “full ban” on children using social media, one of the strictest online crackdowns in the democratic world and going beyond limits imposed by Australia last year.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineWhy Musk Raced to Take SpaceX Public in the World’s B

(Bloomberg) -- The extraordinary move by the US to bar foreign access to Anthropic PBC’s best AI models underscores the Trump administration’s newfound willingness to exert control over a pivotal industry. It also reminds Silicon Valley that it’s working with an imperfectly understood technology with uncertain impact.Most Read from BloombergIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Rest

The country offers a different way to play the boom, with relative bargains to be found, but volatile geopolitics are a challenge.

Investing.com -- Agentic shopping is the use of AI agents to carry out parts of the shopping process on behalf of the customer instead of merely providing recommendations. Google’s agentic shopping protocol, for instance, enables agents to work across different parts of the buying processes, including discovery and post-purchase support. But has agentic shopping reached the capacity to directly make shopping decisions on customers’ behalf?

Apple has spent years trying to convince investors that its next major growth story will not depend only on a new iPhone. That effort has become more urgent as artificial intelligence reshapes the technology industry, with rivals including Google, Microsoft, OpenAI, and Meta moving faster with ...

SpaceX's record IPO on Friday is a reassuring sign for Wall Street that the AI bull market has plenty of runway to go.

Investing.com -- Booking Holdings (NASDAQ: BKNG) remains one of the strongest players in online travel, but artificial intelligence could eventually challenge some of the company’s competitive advantages, according to a report from Bernstein.

"The reason is that companies tend to issue when equity demand is strong, earnings momentum is healthy and investor risk appetite is elevated."

SpaceX’s soaring shares, which brought the company’s market value to $2.1 trillion on Friday, was a stunning debut for the first of what could be three of the largest IPOs in history. AI giants Anthropic and OpenAI have filed paperwork in preparation for potential public listings and could IPO later this year. What does SpaceX say about investor appetite for AI?

(Bloomberg) -- The US Justice Department has closed its antitrust probe into Paramount Skydance Corp.’s $110 billion purchase of Warner Bros. Discovery Inc., according to people familiar with the decision.Most Read from BloombergSpaceX IPO Raises $75 Billion in Biggest Debut of All TimeUS, Iran Edge Toward Interim Deal Signing Close to G7 Next WeekXbox Plans Significant Layoffs as New CEO Plans OverhaulSpaceX Shares Close 19% Higher After Historic $75 Billion IPOTrump Insists Iran Deal Is Close

The Standard & Poor's 500 index rose 0.7% this week as the US edged closer to signing a peace deal w

SpaceX and lead IPO banker Goldman Sachs began meeting with prospective IPO investors back in January, Axios has learned.