News

Germany has pulled out of a stalled stealth-fighter project with France and Spain whose lack of progress has become a symbol for the hurdles Europe faces in rebuilding its militaries as the U.S. reduces its presence on the continent. Berlin will no longer pursue building and ordering the aircraft after failing to resolve a spat between Airbus and Dassault over which should take the lead on its development, a senior German government official said. Paris had long taken the view that governments behind the project needed to apply more pressure on the defense firms to cooperate and advance the project.

The crypto market faces a hard question this morning. Can a single initial public offering, even one of historic scale, pull enough capital out of digital assets to bend their price action? Bitcoin (CRYPTO:BTC) is trading near $63,800, up 2.8% over the past 24 hours, yet the multi-week chart tells a different story. Despite today’s ... Is the SpaceX IPO Crashing the Crypto Market?

(Bloomberg) -- SpaceX’s initial public offering is well oversubscribed, according to people familiar with the matter, as demand builds for a potentially record-setting debut.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile Attack, Imper

(Bloomberg) -- Intel Corp. shares rose the most in a month after the Information reported that Alphabet Inc.’s Google will rely on it for more than 3 million specialized AI chips in 2028. Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Trump Says He, Not Congress, Is in Charge of Kennedy Center in ReversalLA Mayor Race Flips as Socialist Beats Reality TV Star PrattWhy Oil’s Not at $200 After the Biggest Supply Shock in HistoryIsrael Strikes Iran After Missile

Investing.com -- Mizuho said investor concerns about one key semiconductor name losing ground to competitors in the custom chip market are overblown and urged clients to buy the recent pullback, citing a massive potential opportunity from Google's accelerating TPU buildout.

The U.S. government has announced $1.6 billion in federal funding for USA Rare Earth. Here’s why that makes USAR shares attractive to own in 2026.

Michael S. Bishop: Thank you, operator. This morning, FuelCell Energy released our financial results for the second quarter of fiscal year 2026 and our earnings press release is available in the Investors section of our website at www.fuelcellenergy.com. In addition to this call and our earnings press release, we have posted a slide presentation on our website.

In an interview at the IATA annual meeting in Rio de Janeiro, GE Aerospace CEO Larry Culp remained optimistic that GE could secure more aircraft-engine orders from China following a meeting between President Donald Trump and his Chinese counterpart Xi Jinping in Beijing the previous month, after which their manufacturing partner, Boeing Co. secured an initial batch of commitments.

Expectations are running high for Apple's Worldwide Developers Conference, where the company is expected later Monday to unveil the biggest overhaul of Siri in years, including a chatbot-style interface and deeper integration across the iPhone, iPad and Mac. Bloomberg Tech co-Host Ed Ludlow discusses his expectations for the conference and how developments in Siri could impact the rest of the AI space. He also addresses investor expectations for the upcoming SpaceX IPO.

Apple is getting another crack at AI. Apple’s Worldwide Developers Conference, or WWDC, which kicks off Monday, represents the company’s third attempt to make its mark in artificial intelligence. It’s widely expected that Apple will unveil a much-enhanced Siri.

On this episode of Stock Movers with Alexis Christoforous: - Shares of The Campbell's Company (CPB) edged higher ahead of the US market open after the canned soup maker reported adjusted earnings per share for the third quarter that beat the average analyst estimate. - Eli Lilly (LLY) shares gained in the early session following obesity drug presentations at the American Diabetes Association conference. Citi analysts say their conviction on Lilly is firmly intact, given the company's incretin portfolio is "not built around singular blockbusters." - Shares of Marvell Technology (MRVL) and Flex (FLEX) are rising in premarket trading as the companies are set to replace Pool Corp. and Campbell's in S&P 500 before the market open on June 22, S&P Dow Jones Indices says in emailed statement.

Popping onto the IBD Leaderboard and two exclusive screens, Eli Lilly stock has returned to buy range after a brief hiccup.

The SpaceX IPO is about far more than launching rockets.

FuelCell Energy (NASDAQ:FCEL) reported a wider second-quarter loss for fiscal 2026 as a non-cash impairment tied to its Groton Navy project weighed on results, while management emphasized a sharply expanding sales pipeline tied largely to data center and artificial intelligence-related power demand.

Wall Street heads into a big week after a sharp selloff rattled investors, with inflation data, Apple's annual developer conference and the highly anticipated SpaceX initial public offering set to dominate market attention. Stocks ended last week under pressure after a stronger-than-expected...

AutoCanada (ACQ.TO) announced Monday the completion of its acquisition of Contemporary Coachworks.

BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks

Etihad Airways CEO Antonoaldo Neves speaks to Bloomberg's Guy Johnson at the International Air Transport Association (IATA) conference in Rio de Janeiro. He says the carrier is discounting tickets by keeping fares at a stable level despite the 70% jump in fuel costs. Neves also talks about securing delivery dates for new aircraft from Boeing and Airbus SE.

Oracle and Adobe headline this week's earnings calendar as investors weigh AI spending, business outlooks and the start of the Q2 reporting cycle.

Europe's push to cut its reliance on U.S. Big Tech with EU-made technologies and chips ‌could shut out other non-EU players from the European market, trade ‌bodies representing tech companies in Australia, Canada and Japan warned on Monday. The warning by the Tech ​Council of Australia, the Canada EU Trade and Investment Association, the Japan Association of New Economy and tech lobbying group CCIA came a week after the European Commission proposed laws to boost homegrown cloud, AI and chip industries and ‌cut dependence on U.S. tech ⁠giants such as Google and Microsoft.

HUN sells its Italy-based Gomet auto components unit to Trelleborg for about $50M, aiming to boost liquidity and cut borrowings.

Oil futures spent much of the spring moving sideways while something very different was happening in the physical market. Inventories were disappearing. Strategic reserves were being spent. Tankers that had been at sea when the Iran war began were arriving and emptying out. The buffers that had ...

With Bitcoin down 51% from its October 2025 peak and trading near $62,000, AI models identify June CPI and the June FOMC meeting as ...

Amazon.com said it entered a multibillion-dollar agreement with Corning to get optical fiber, cable and connectivity solutions to support its growing data center footprint.

Bitcoin price rebounds modestly after falling to a two-month low. ETF outflows persist as SpaceX IPO amasses liquidity. Crypto stocks rise.

SpaceX’s IPO has attracted roughly $150 billion in orders for $75 billion of stock. Investors are watching whether demand builds enough to support a strong first-day rally.

The SpaceX IPO is twice oversubscribed. Crypto users on Bybit and Kraken can subscribe to tokenized shares using USDC before June 11.

The website-building and web-services platform said that it is scaling back parts of its business as part of a broader organizational realignment, moves that are expected to weigh on bookings and revenue growth in 2026.

Amazon said on Monday it has signed a multi-billion-dollar deal with specialty glass ‌maker Corning aimed at boosting U.S. production ‌of optical fiber and connectivity products that are used in data ​centers. Amazon, however, did not disclose any further financial details on the partnership. Shares of Corning rose about 7% in early trading, as the partnership came as a fresh ‌boost to the ⁠company's fast-growing fiber optics unit, at a time when weak consumer electronics demand has ⁠weighed on the segment that makes Gorilla glass.

Cava CEO Brett Schulman goes one on one with Yahoo Finance executive editor Brian Sozzi.