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PepsiCo has 41 trucks on the road in Arizona, Texas and Arkansas, bringing the technology into the mainstream.

PepsiCo has 41 trucks on the road in Arizona, Texas and Arkansas, bringing the technology into the mainstream.

Wall Street's largest initial public offering (IPO) is nothing more than a wealth transfer from everyday investors to SpaceX insiders.

(Bloomberg) -- Strategists at some of Wall Street’s biggest banks are looking past Friday’s tech-led selloff, saying earnings growth should support stocks through the end of the year. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksAI Trade Unwind Rocks Korean Trad

Under the terms, payments will begin at a reduced rate, before reaching the full agreed monthly fee from October until June 2029.

The UK competition regulator on ‌Monday launched a ‌probe into eBay's $1.2 billion purchase ​of Gen Z-focused fashion resale platform Depop from Etsy. The deal was ‌announced ⁠earlier this year and is expected to ⁠help Etsy double down on its ​core handmade ​and ​vintage goods marketplace ‌in pursuit of a turnaround. The firm has been grappling with softer demand and strong competition ‌from online ​e-commerce platforms ​such ​as Amazon.

The 10 largest U.S. IPO stocks in history have collectively underperformed the S&P 500 by a wide margin.

Planet Labs ties defense momentum to an AI push as Q1 FY27 revenues hit a record $94.2M, backlog tops $906M, and full-year sales outlook rises.

US stock futures were mixed as concerns about a Middle East ceasefire continued to weigh, and investors braced for fresh inflation data and a blockbuster SpaceX IPO this week.

US stock futures were mixed as concerns about a Middle East ceasefire continued to weigh, and investors braced for fresh inflation data and a blockbuster SpaceX IPO this week.

(Bloomberg) -- Private market dealmakers attending SuperReturn in Berlin this week are likely to be handed a short but sharp to-do list by their investors: give us our money back.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksAI Trade Unwind Rocks Korean Traders L

(Bloomberg) -- Ingredion Inc. agreed to buy Tate & Lyle Plc for £2.7 billion ($3.6 billion), in a move that marks the end of the UK company’s near-century on the London Stock Exchange.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksAI Trade Unwind Rocks Korean Trad

Investors are counting down to the end of the week when Elon Musk’s rocket maker SpaceX is expected to start trading on the Nasdaq in what could be the largest IPO on record. Also, Apple’s developer conference kicks off Monday where the tech giant will unveil its latest tools and technologies.

There's a silver lining in the Fed's initial June inflation forecast -- but we're nowhere close to being out of the woods.

Investors have some good options if the Warsh-led Fed makes an unpopular decision in the near future.

Panasonic Holdings said on Monday it plans to ‌start mass production of battery ‌cells for data centre applications at a plant ​in the U.S. state of Kansas in the financial year 2028, which ends March 2029. • Panasonic Energy also plans to build a third plant in Mexico with mass production scheduled for the fiscal year 2028. • Panasonic ‌Energy CEO Kazuo Tadanobu ​said the unit's 950 ​billion yen ​sales target for data centre-related ‌energy storage systems in ​the 2028 ​financial year was a "minimum commitment", adding that the business would aim to ​lift sales ‌to more than 1 trillion yen.

By Jihoon Lee and Yena Park SEOUL, June 8 (Reuters) - South Korea's stock benchmark plunged over 8% on Monday, tripping circuit breakers, after robust U.S. jobs data lifted bets on a Federal Reserve

(Bloomberg) -- Japanese stocks fell by the most since March as AI shares retreated from their highs amid rising expectations that the Federal Reserve will keep rates higher for longer following strong US jobs data.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKor

The Danish drugmaker said the pill hit one million prescriptions 12 weeks after reaching U.S. pharmacies and online providers, and reached a further two million prescriptions in the following 10 weeks.

Will the Federal Reserve act in the best interest of the American people?

(Bloomberg) -- Bitcoin steadied in Monday trading after dropping below $60,000 late last week as Strategy Inc. Chairman Michael Saylor hinted at further purchases.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imperiling Trump TalksKorean Stocks Tumble as Unwinding AI Trades Threaten B

By Ben Blanchard, Max A.

Nvidia is teaming up with leading South Korean technology companies to build large-scale artificial-intelligence infrastructure in Asia, seeking to solidify its data-center footprint and expand its AI ecosystem.

As we’ve been predicting in recent months, labor market conditions are improving, while inflationary pressures remain elevated. We expect the Federal Reserve will shift to a tightening bias at the June meeting and will probably hike the federal funds rate in July if current trends persist, notes Ed Yardeni, editor of Yardeni QuickTakes.

June 8 (Reuters) - Goldman Sachs expects the U.S.

By Gregor Stuart Hunter and Ankur Banerjee SINGAPORE, June 8 (Reuters) - Sam Konrad's stocks are having a fantastic year, thanks to AI-fueled rallies in Taiwan and South Korea, but his fund is so top

Asian stocks dropped Monday as AI-related shares sold off after a blistering rally, led by losses in Korean chipmakers SK Hynix and Samsung. Joe Weisenthal and Tracy Alloway from Bloomberg's Odd Lots podcast join Yvonne Man and Stephen Engle on The China Show.

After a dry spell amid high interest rates and inflation uncertainty Q1 saw 35 IPOs raise $9.9 billion, according to Renaissance Capital.

The head of United Airlines has sharply criticised Rolls-Royce, describing the British aero-engineer as being “in the doghouse” over a dispute...

Cryptocurrency exchange Bybit announced on Saturday that it will enable investors to participate in the tokenized initial public offering linked to Elon Musk’s aerospace giant, SpaceX. Use USDC To Buy SpaceX The offering will be via Bybit IPO Express, a platform that lets users submit a subscription request for a tokenized representation of an IPO. Eligible users can sign up for the SpaceX IPO offering and submit subscription requests using supported cryptocurrencies, including USDC (CRYPTO: USD