News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
By Munsif Vengattil and Priyanshu Singh HOSUR, India June 15 (Reuters) - Indian officials stepped up government checks on farmland surrounding Apple supplier Tata's iPhone parts factory near Bengaluru
CrowdStrike has delivered solid returns for shareholders over the past year.
Cybersecurity leaders at major U.S. firms including Nvidia and Adobe have asked the Trump administration to lift restrictions on Anthropic's most powerful AI models, arguing that the bans hamper efforts to prevent the spread of digital attacks. The letter follows Washington's decision on Friday ordering Anthropic to suspend access to its Fable 5 and Mythos 5 models for any foreign nationals over national security concerns. The curbs that Washington has now placed on the technology will limit the cybersecurity industry's ability to find and fix software flaws at a time when other AI tools are making it easier for hackers to exploit vulnerabilities, according to a letter on Sunday signed by more than 50 security leaders.
News of a deal between Washington and Tehran that could reopen the Strait of Hormuz has prompted investors to pare back bets on higher rates this morning. The thinking: If oil starts flowing more freely, energy prices would likely fall, reducing inflationary pressure and giving the Fed less reason to increase rates. It's a reversal from just a week ago, when investors were still digesting news of a stronger-than-expected May jobs report.
By Munsif Vengattil and Priyanshu Singh HOSUR, India June 15 (Reuters) - Indian officials stepped up government checks on farmland surrounding Apple supplier Tata's iPhone parts factory near Bengaluru
By Sabrina Valle and Echo Wang NEW YORK, June 15 (Reuters) - Individual investors in the SpaceX IPO hoping to quickly sell their shares for a profit face stricter conditions than large funds over the
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.
June S&P 500 E-Mini futures (ESM26) are up +1.22%, and June Nasdaq 100 E-Mini futures (NQM26) are up +1.99% this morning, pointing to a sharply higher open on Wall Street as oil prices sank after the U.S. and Iran reached an interim peace deal that would reopen the Strait of Hormuz.
The fintech stock is extremely cheap, but there are some reasons for it.
Austrian circuit board manufacturer AT&S has announced it is investing up to €2 billion ($2.3 billion) in Malaysia to capitalise on the AI boom, sending its shares soaring nearly 30%. "We will fully expand our site in Kulim," the company's CEO Michael Mertin told Reuters in an interview on Monday. The company announced on Saturday it would expand capacity in Kulim and raised its outlook for 2026/27, citing agreements with its customer AMD, the U.S. chipmaker, and another technology company on the back of strong demand for AI infrastructure.
A preliminary peace agreement between the United States and Iran has emerged as the dominant market story at the start of the week, with investors assessing the implications for energy markets, inflation and central bank policy. Attention is also focused on a series of interest-rate decisions from major central banks, the post-IPO performance of SpaceX (NASDAQ:SPCX), and developments surrounding AI company Anthropic (NASDAQ:ANTP).
The SpaceX IPO went off with a bang. Now investors turn their attention to a jam-packed calendar ahead for Elon Musk's rocket, internet and AI firm that may bring volatility. Just in the next two months, the sixth-largest U.S. listed company by market value will have a handful of events – ranging from the listing of options to the expiration of investor holding periods to index inclusion – that could help dictate trading in its shares and the broader market.
US equity investors will focus this week on Kevin Warsh's inflation assessment at his first rate-set
Taco Bell, DoorDash and Cricket Wireless have used the marketing tactic, but in some cases it has raised questions about the authenticity of viral moments.
Navan Co-founder and CEO Ariel Cohen shares with Yahoo Finance Executive Editor Brian Sozzi how his frustration with broken corporate travel systems led him to disrupt the industry, detailing Navan's journey to going public and the cutting-edge role of AI in modernizing business travel.
What to watch from SpaceX and other tech stocks during the holiday-shortened week.
The multi-pronged approach gives shareholders some flexibility while moving the overall structure of the deal forward.
(Bloomberg) -- Xiaohongshu Technology Co., the Chinese creator of social platform RedNote, is preparing to confidentially file for an initial public offering in Hong Kong by the end of this month, according to people familiar with the matter.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 Worl
Some of the largest companies in Tennessee or with state ties are seeking billions in tariff refunds from the government, but will customers see any money?
Investing.com -- SpaceX (NASDAQ:SPCX) shares extended gains in premarket trading Monday after surging 19% on their Nasdaq debut Friday, when the rocket and satellite company completed the biggest initial public offering (IPO) in history and closed with a market capitalisation of roughly $2.1 trillion.
In its efforts to secure European approval of its “Full Self-Driving” (FSD) system, Tesla has presented self-published safety statistics to regulators in Sweden and the Netherlands that independent traffic-safety researchers have said amount to misleading marketing. A Reuters examination published last month found that Tesla CEO Elon Musk and other leaders over the past year have increasingly cited statistics they say prove its FSD driver-assistance feature is up to 10 times safer than human drivers. Tesla has presented the inflated safety data to some European regulators, according to correspondence obtained by Reuters through public records requests, as the EV maker seeks wider approval of FSD in a region where it is trying to regain market share.
(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
ORCL and ADBE spotlight a positive earnings outlook as S&P 500 estimates rise, even as investors weigh AI spending, cash flow and growth trends.
The collaboration seeks to help customers build and operate AI infrastructure with greater speed and efficiency, Schneider Electric said.
(Bloomberg) -- Woodside Energy Group said it was not in discussions with Exxon Mobil Corp. over a potential takeover, while an analyst said any deal would likely face regulatory hurdles if it came to fruition.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 Biggest IPOIran Pushes Differ
Elon Musk said on Sunday that his rocket company, SpaceX, could bring in $1 trillion in revenue by 2030, making the statement two days after the company went public, valuing it at over $2 trillion. "And I would be surprised if revenue is not greater than $1T in 2031," he wrote on his social media platform X, replying to journalist and financial commentator Jon Erlichman. SpaceX on Friday became the sixth-largest U.S. firm, cementing Musk's status as the world's first trillionaire.
Hyderabad-based Electronics Mart India is looking to diversify away from the technology hub as concerns grow that potential AI-triggered job losses could hurt consumer spending, a top executive said. The retailer gets about 60% of its revenue from Hyderabad, which hosts offices of global companies such as JPMorgan Chase and Eli Lilly, and Indian IT majors Wipro and Infosys. Around a fifth of its stores in Hyderabad are located in neighbourhoods where the majority of the residents are software employees.
(Bloomberg) -- The London Bullion Market Association is considering moving its morning gold auction to an earlier time to accommodate traders in Asia.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsWhy Musk Raced to Take SpaceX Public in the World’s Biggest IPOIran Pushes Differing Deal Versions as US Sticks to TimelineThe potential shi