The rocket maker goes public on Friday.
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Shoppers who use AI bots powered by OpenAI to buy products will have their purchases secured by Visa’s network, security infrastructure and credentialing capabilities, the payments company said.
President Donald Trump's administration has awarded Oracle a contract to provide a U.S. government-wide HR platform, according to a statement, making the company a partner in its effort to overhaul federal technology systems. Oracle will provide a cloud-based HR platform to replace the individual systems of agencies, Office of Personnel Management Director Scott Kupor said in a statement on Wednesday. OPM is the federal government's HR office. OPM did not provide the total value of the contract.
Rocket Lab and AST SpaceMobile will benefit from the soaring interest in space stocks.
The excitement surrounding SpaceX’s IPO has reached a level rarely seen in modern markets. Investors have spent years waiting for a chance to own a piece of Elon Musk’s rocket giant, and demand has poured in from both Wall Street institutions and retail investors. According to Bloomberg, multiple institutional investors have submitted orders exceeding $10 ... SpaceX’s IPO is 4X Oversubscribed. There’s a Surprising Reason That Number Should Scare IPO Buyers
Bullion fell below $4,175 as rising oil prices fueled inflation concerns and increased rate-hike risks.
Robinhood Markets (NASDAQ: HOOD) jumped more than 8% during market hours on June 10, trading around $90 at press time. The rally followed a cluster of updates that landed in quick succession, spanning a major purchase, a fresh regulatory milestone, and strong monthly trading data. A regulatory ...
The new prediction market rules would permit federally-regulated event contracts tied to the outcome of sporting events and individual player performance.
Massive institutional demand for the upcoming SpaceX stock launch is creating a powerful downstream capital rotation into publicly traded space companies.
As we head into summer, Americans are spending more money than ever. But they don’t seem to feel very good about it. In April 2026, consumer spending rose by $111 billion, according to the Bureau of Economic Analysis. But confidence in the economy hit two-year lows, with 65% of consumers telling ...
Payments giant Visa said Wednesday that it has embedded its payment network inside of ChatGPT, empowering the chatbot to independently shop and complete transactions on behalf of its user. It means AI agents can not only recommend products but complete the purchase on the user’s behalf, at potentially any merchant that accepts Visa. The payment network's previous attempts at this technological leap were confined to a single retailer or a small set of enrolled merchants.
The biggest companies in the S&P 500 took a beating, wiping out nearly $480 billon from the benchmark index yesterday—and according to experts, they aren't in the clear yet.
Tesla Full Self-Driving supervised driver assistance software has been authorised in Belgium, Annick De Ridder, the transport minister of Flanders region said on Wednesday in a post on X. The approval allows Tesla to roll out its technology after the company successfully carried out a series of tests in the country, she said. Belgium is the third country in the EU to do so after the Netherlands and Lithuania.
(Updates prices.) Gold traded at the lowest in more than six months early on Tuesday as the metal
The U.S. Attorney’s Office in D.C. subpoenaed JPMorgan, Bank of America and others as part of a probe into alleged debanking.
Silver investors absorbed a sharp drawdown over the past month. The iShares Silver Trust (NYSEARCA:SLV), the largest physical silver-backed ETF, closed at $59.01 on June 9, 2026, after a brutal stretch that wiped out weeks of gains. However, a critical-minerals expert who appeared on the All-In Podcast argues that the world could effectively run out ... The Price of Silver Just Collapsed. Here’s Why the SpaceX IPO Could be the Start of a Silver Boom.
Microsoft is limiting employees' use of Anthropic's Claude Fable 5 because of the AI startup's new data retention requirements, The Verge reported on Wednesday, citing sources. Anthropic on Tuesday said it is rolling out Claude Fable 5, a public version of its Mythos AI model, with guardrails barring its use in risky areas such as cybersecurity. Claude Fable 5 is the most powerful model Anthropic has made available for wider use, with the company citing its performance in software engineering and analytics.
An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, while consumers, workers and businesses are grappling with existential questions unleashed by the likes of ChatGPT and Claude. Some analysts say Artificial Intelligence will boost productivity and make businesses more profitable. Meanwhile the market frenzy over Elon Musk's SpaceX has reached fever pitch ahead of its IPO expected on Thursday afternoon.
Adobe Earnings Loom as Analysts Debate AI Growth Potential

How disruptive will SpaceX's (SPAX.PVT) IPO this Friday, June 12, be to AI trade and Magnificent Seven tech stocks? JonesTrading chief market strategist Michael O'Rourke shares his thoughts. SpaceX is expected to go public on the Nasdaq this week under the ticker SPCX, with the space operator aiming for an IPO price of $135 per share.
Why did stocks sell off after a promising start? Rising energy prices and a presidential threat changed the market's mood.
A jury had found the two companies liable for designing platforms that harmed a young user and awarded $6 million in damages
Shareholders will have a rude awakening within months of the company's IPO.
Alphabet stock is down 13% as the SpaceX IPO prices. See how a $100 billion stake, recovering money flow, and a $475 target frame the setup.
A Wall Street analyst cut his price target on Netflix stock, saying the video streamer has few catalysts to drive its shares higher.
The Strategy (Nasdaq: MSTR), née MicroStrategy, stock continued to decline on the price chart even days after the world's leading Bitcoin (BTC) treasury company announced its first BTC sale in years on June 1. The stock has lost 40% of its value over the past month and closed at $117.02 on ...
The American consumer has spent years absorbing shocks that economists expected to break spending. Covid pandemic disruptions, the fastest inflation in four decades, aggressive interest rate hikes, and the Iran war energy price surge in April 2026 all tested household finances, and spending held up ...
(Bloomberg) -- SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Fall as US-Iran Tension Spurs Rally in Oil: Markets WrapUS Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopt
Cloud infrastructure growth and customer demand remain key areas of focus.