Market News - Mboum.com

Jun 7, 2026, 7:19 PM EDT - 7 minutes ago

South Korea's Naver to build gigawatt-scale AI factories using Nvidia technology

Nvidia said on Monday that ‌South Korean internet conglomerate Naver would use its technology ⁠to build AI factories at gigawatt scale to meet rising global demand for AI services ‌and ⁠physica...

NVDA

Jun 7, 2026, 6:59 PM EDT - 27 minutes ago

Walmart Tries to Assuage AI Worries as Tech-Related Layoffs Rise

Walmart is reportedly trying to sell its workers on the benefits of artificial intelligence. As the Financial Times (FT) reported Sunday (June 7), the retail goliath last week gathered thousands of it...

WMT

Jun 7, 2026, 6:31 PM EDT - 55 minutes ago

Oil prices rise more than $2 on Israel strikes on Lebanon

Oil prices were up ‌more than $2 a barrel in early trading on Monday after ⁠Israel on Sunday launched strikes on the Beirut area for the first time since the U.S. announced ‌a ⁠ceasefire plan f...

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Jun 7, 2026, 6:20 PM EDT - 1 hour ago

U.S. stock futures slide, oil prices surge as new attacks threaten the cease-fire with Iran

U.S. stock-index futures fell on Sunday, after a massive tech selloff on Friday interrupted Wall Street's two-month rally, and after new developments threatened the fragile cease-fire in the Iran war.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 5:35 PM EDT - 1 hour ago

American Airlines reportedly pauses 6 domestic routes amid fuel price pressure tied to Iran conflict

The airline says six domestic routes will be paused for two months as carriers face higher fuel costs linked to instability in the Middle East.

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Jun 7, 2026, 5:32 PM EDT - 1 hour ago

Airbus notifies A320neo series customers of delays on jets due in 2027 and 2028, Bloomberg News reports

Airbus SE has been notifying some customers of delays ‌on A320neo series jets that are due to be delivered in 2027 and 2028, ⁠Bloomberg News reported on Sunday, citing people familiar with the ma...

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Jun 7, 2026, 5:14 PM EDT - 2 hours ago

IAG CEO on Asia demand, Consolidation & Fuel Prices

International Airlines Group (IAG) CEO Luis Gallego speaks at the International Air Transport Association (IATA) on growing demand in Asia, consolidation & increasing fuel prices. -------- More on Blo...

IAG DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 4:32 PM EDT - 2 hours ago

Air New Zealand CEO on "Sky Nest" Beds

Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on "Sky Nest" bunk beds, a lie-flat sleeping pod which can be booked for four-hour sessions on long ...

IAG DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 4:32 PM EDT - 2 hours ago

Air New Zealand CEO on Consolidation & Price Increases

Air New Zealand CEO Nikhil Ravishankar speaks at the International Air Transport Association (IATA) on flight consolidation and price increases to meet demand. -------- More on Bloomberg Television an...

IAG DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 4:31 PM EDT - 2 hours ago

Embraer Arijan Meijer on Tariff Impact Within Aviation

Embraer CEO of Commercial Aviation Arijan Meijer speaks at the International Air Transport Association (IATA) on the impact of tariffs saying it "makes sense" for aviation to be excluded. -------- Mor...

IAG DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 4:00 PM EDT - 3 hours ago

Why ‘Scary Movie's' Streaming Release Will Likely Follow Paramount's New PVOD Strategy

The Wayans Bros.' Scary Movie opened at No. 1 with an estimated $55 million in domestic ticket sales over the weekend, and thanks to its studio Paramount Pictures' new theatrical-to-streaming window, ...

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Jun 7, 2026, 4:00 PM EDT - 3 hours ago

Anthropic During AI "Mania:" Market Able to Stomach Blockbuster IPO?

As the IPO buzz reaches a fever pitch with companies like SpaceX set to hit public markets, Ben Emons turns his focus to Anthropic's highly anticipated debut with a tentative $1 trillion launch. It co...

PSKY DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 4:00 PM EDT - 3 hours ago

Campbell's Earnings Are Coming. Investors Want Signs Its Snack Business Is Stabilizing.

Campbell's reports fiscal third-quarter earnings on Monday as investors look for evidence that weakness in its snacks business is easing after a difficult first half.

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Jun 7, 2026, 2:16 PM EDT - 5 hours ago

Brazil's Embraer sees eventual China breakthrough for E2 jets

Brazilian planemaker Embraer expects to eventually bring its E2 jets into China, seeing a role for the aircraft among the country's domestically developed models, a senior executive ‌told Reuters on ...

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Jun 7, 2026, 2:09 PM EDT - 5 hours ago

Top catalysts that will drive the S&P 500 Index, VOO, SPY, and IVV ETFs

The S&P 500 Index suffered a harsh reversal on Thursday and Friday as investors reacted to the latest US non-farm payrolls (NFP) data and Broadcom (NASDAQ: AVGO) earnings. It retreated to $7,383, down...

IVV SPY VOO IEO OIH PXJ UCO

Jun 7, 2026, 2:06 PM EDT - 5 hours ago

United Airlines CEO says big merger unlikely after American rebuff, asset buys possible

United Airlines remains open to buying airport slots, gates or other assets if higher fuel prices put weaker rivals under pressure, but it is unlikely to ‌pursue a major consolidation deal after its ...

UAL SPY VOO IEO OIH PXJ UCO

Jun 7, 2026, 1:47 PM EDT - 5 hours ago

'Bring 'em on': Most profitable airline Delta wants United's crown over the Pacific, too.

Delta's president, Peter Carter, told CNBC that his airline wants to become the top U.S. carrier for trans-Pacific flights. United and Delta account for most of the U.S. airline industry's profits.

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Jun 7, 2026, 1:35 PM EDT - 5 hours ago

AI ETFs: The Next Wave Emerges

The first phase of the artificial intelligence investment trade was relatively straightforward: if you wanted to capture the AI boom using familiar names, you bought semiconductors. The VanEck Semicon...

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Jun 7, 2026, 1:12 PM EDT - 6 hours ago

Air France-KLM CEO on Fuel Prices and Gulf Flights

Air France-KLM CEO Ben Smith speaks at the International Air Transport Association (IATA) saying "we'll make do" with the availability of fuel and the that he expects 5-10% of customers to return, whe...

DRAM SMH FOTO IEO OIH PXJ UCO

Jun 7, 2026, 1:05 PM EDT - 6 hours ago

Five Small Caps Paying Super-Sized Yields Up To 15.3%

Small-cap stocks are the cardiac kids of the market. They can bring high risk, and with that high risk can come high reward.

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Jun 7, 2026, 12:23 PM EDT - 7 hours ago

OpenAI is still working on that ‘super app'

OpenAI plans to roll out a revamped version of ChatGPT in the coming weeks — one that will serve as a “super app” with coding tools and AI agents, according to the Financial Times.

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Jun 7, 2026, 12:22 PM EDT - 7 hours ago

BPM moved on MPS as Intesa, BPER also weighing moves, sources say

Banco BPM has invited Monte dei Paschi di Siena ‌to talks at a time when also Intesa Sanpaolo and Unipol-backed BPER have been weighing potential ⁠moves on the Tuscan bank, four people familiar w...

APC BWMX NWL OCSL PMT PXJ UCO

Jun 7, 2026, 12:00 PM EDT - 7 hours ago

Elon Musk's next BIG bet could dwarf EVERYTHING SpaceX has done before

ARK Invest CEO Cathie Wood joins 'Mornings with Maria' to discuss the AI IPO boom, SpaceX's upcoming public debut and why she believes the AI revolution is bigger than the dot-com era.

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Jun 7, 2026, 11:55 AM EDT - 7 hours ago

GE Aerospace Evolves Amid High Aviation Demand

CEO of GE Aerospace Larry Culp spoke with Bloomberg's Co-Anchor of The Opening Trade Guy Johnson about GE's recent corporate restructuring and the company's current position and strategic outlook with...

GE BWMX NWL OCSL PMT PXJ UCO

Jun 7, 2026, 11:47 AM EDT - 7 hours ago

I visited Intel's robot-run AI chip factory, where the biggest danger is human skin and hair

I got rare access inside Intel's factory, where it makes some of the world's most advanced chips. The plant is so tightly controlled that paper, white light, and even footsteps can become problems.

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Jun 7, 2026, 11:37 AM EDT - 7 hours ago

OPEC, Allies Pledge Oil-Output Hike Even as Middle East War Chokes Exports

The move is widely seen as symbolic as the war in the Middle East has choked off a critical waterway through which a fifth of the world's oil passes.

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Jun 7, 2026, 10:45 AM EDT - 8 hours ago

Kuwait Reinforcing Air Defense With Cost-Effective Counter-Drone Systems

With its territory still facing regular attacks from Iranian ballistic missiles and explosive drones, the State of Kuwait has requested anti-drone systems to reinforce its national air defense. While ...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 10:40 AM EDT - 8 hours ago

Cryptocurrency exchange Bybit to open SpaceX tokenized IPO access

Cryptocurrency exchange Bybit said it will offer retail investors access to tokenized initial public offerings (IPOs) at the offering price, starting with ‌SpaceX as its first offering.

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Jun 7, 2026, 10:33 AM EDT - 8 hours ago

United Airlines CEO Scott Kirby Discusses Industry Challenges

At The International Air Transport Association in Rio De Janeiro, United Airlines CEO Scott Kirby discussed with Co-host of Bloomberg Surveillance Lisa Abramowicz the current challenges facing the air...

UAL DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 10:21 AM EDT - 9 hours ago

Copa Airlines sticks to no-hedge stance as fuel shock tests airlines, CEO says

Copa Airlines has ‌no plans to hedge fuel despite the recent price shock linked to the war in Iran, ⁠CEO Pedro Heilbron told Reuters, betting its strong balance sheet and pricing adjustments will ...

CPA DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 10:19 AM EDT - 9 hours ago

Oil News: Crude Oil Analysis Sees Higher Prices if Middle East Risks Return

Crude oil prices fell as Middle East tensions eased, but tight inventories, record exports, and OPEC's demand outlook keep supply risks elevated.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 10:00 AM EDT - 9 hours ago

How Boeing Is Ramping Up 737 Production

After years of delays, Boeing is increasing production of it's best selling airplane the 737 MAX. The company is adding a 4th assembly line at its plant north of Seattle.

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Jun 7, 2026, 10:00 AM EDT - 9 hours ago

How to Get Crypto Exposure Without Owning Crypto Directly

Spot or index ETFs are good ways for ordinary investors to add cryptocurrencies to their portfolios, and there are higher-end options for the wealthy.

ARKB ARKW BETE BETH BITB BITC BITO

Jun 7, 2026, 10:00 AM EDT - 9 hours ago

S&P 500 companies can't stop talking about higher oil prices. But few say they'll actually hit profits.

Listen to a few earnings calls this season, and you'll get the sense that CEOs are worried about high oil prices as the Iran war continues. But a look at the numbers shows those anxieties haven't had ...

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Jun 7, 2026, 9:59 AM EDT - 9 hours ago

Air France-KLM CEO Discusses Resuming Gulf Flights

Air France-KLM CEO Benjamin Smith discussed the airline's cautious approach to resuming flights in the Gulf region, confirming the return to Riyadh while other destinations like Dubai, Tel Aviv, and B...

IVV SPXL SPY SSO UPRO VOO BITO

Jun 7, 2026, 9:35 AM EDT - 9 hours ago

Italy's ITA Airways weighs lawsuit over Pratt & Whitney engine faults

Italy's ITA Airways will decide within the next eight weeks whether ‌to sue aerospace supplier RTX's Pratt & Whitney due to engine problems that have grounded almost 20% of its fleet of 80 aircraft...

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Jun 7, 2026, 9:34 AM EDT - 9 hours ago

SpaceX IPO: What You Need to Know

Ahead of SpaceX's highly anticipated IPO Co-host of Bloomberg Tech Ed Ludlow, Bloomberg New's Senior Equities reporter Bailey Lipschultz, and Bloomberg's Senior Aerospace Defense and Airline analyst G...

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Jun 7, 2026, 9:31 AM EDT - 9 hours ago

Trends With Benefits #154: 20 Years of GDX: How VanEck Changed the ETF Industry

Welcome to Trends with Benefits, the podcast that gives you an insider's edge into finance, tech, and investing. Hosted by Ed Lopez, VanEck's Head of Product Management.

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Jun 7, 2026, 9:28 AM EDT - 9 hours ago

OPEC+ to make small oil output quota hike for July

Seven OPEC+ countries ⁠will raise oil output targets by 188,000 barrels per day ‌in ⁠July, OPEC said in a ⁠statement after a meeting ⁠on Sunday.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 9:02 AM EDT - 10 hours ago

Global airlines slash 2026 profit forecast on fuel shock from Iran war

The global airline industry nearly halved its 2026 profit forecast on Sunday, citing conflict in the Middle East that has driven up fuel costs, disrupted key air ‌corridors and exposed the fragility ...

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Jun 7, 2026, 9:00 AM EDT - 10 hours ago

Can America Make The Chip That Rules The World? | Made In America

We got rare access inside Intel's semiconductor operation in Oregon to see how some of America's most advanced chips are made. As tensions with China rise, Washington is betting on Intel, the only Ame...

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Jun 7, 2026, 8:28 AM EDT - 10 hours ago

Google's Unique Approach to Getting Data Centers Built

Plus, a DIY solar hack, a country fights teen brain rot with free ChatGPT and Apple's plans for a Siri-led AI comeback.

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Jun 7, 2026, 8:25 AM EDT - 11 hours ago

Medicare Advantage Continues To Grow Despite Health Insurer Exits

Despite some high-profile retreats by health insurers from Medicare Advantage, the privatized medical coverage for older adults continues to add health plan members and is now the choice of 55% of eli...

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Jun 7, 2026, 8:21 AM EDT - 11 hours ago

Top Wall Street analysts recommend these 3 dividend stocks for solid returns

Investors seeking steady income can bolster their portfolios by adding dividend stocks with attractive yields.

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Jun 7, 2026, 8:21 AM EDT - 11 hours ago

Banco BPM urges MPS to discuss merger to create Italy's No.2 biggest bank

Banco BPM said on Sunday ‌its board had unanimously approved expressing interest in opening ⁠talks with Banca Monte dei Paschi di Siena (MPS) over a potential combination between the two ‌lende...

CVX PR VNOM JBLU JETS LUV UAL

Jun 7, 2026, 7:30 AM EDT - 11 hours ago

Nvidia CEO, SK chairman to announce cooperation plan on Monday - report

Nvidia CEO Jensen Huang and SK ‌Group chairman Chey Tae-won are set to announce a plan for ⁠cooperation between the two companies on Monday, according to a media report by Newsis.

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Jun 7, 2026, 7:30 AM EDT - 11 hours ago

What the ‘Dean of Valuation' Thinks Elon Musk's SpaceX Is Really Worth

NYU's Aswath Damodaran is skeptical of the outlook for the company's artificial-intelligence unit

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Jun 7, 2026, 7:12 AM EDT - 12 hours ago

Apple says these malls got so bad it's leaving

The countdown is on for Apple's devoted flock: Later this month, the tech giant will permanently close three stores in California, Connecticut, and Maryland.

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Jun 7, 2026, 6:56 AM EDT - 12 hours ago

Telecom Companies to Buy Patrick Drahi's SFR for $23.5 Billion

The deal marks a major shift for the French-Israeli billionaire's business portfolio and will be a test of regulators' openness to further consolidation in the industry.

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Jun 7, 2026, 6:49 AM EDT - 12 hours ago

Gold News: Gold Price Tumbles as Blowout Payrolls Crush Rate-Cut Hopes

Gold prices plunged after a strong U.S. jobs report boosted rate hike odds, Treasury yields, and the dollar, pressuring XAU/USD.

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Jun 7, 2026, 6:32 AM EDT - 12 hours ago

ChatGPT is no longer OpenAI's most important product. Here's why.

A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly BI Tech Memo newsletter here.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 7, 2026, 6:11 AM EDT - 13 hours ago

Incyte nears up to $2 billion deal for blood disorder biotech Star, FT reports

US biotech Incyte Pharma is nearing a deal ‌for up to $2 billion to buy blood disorder drug developer Star Therapeutics, ⁠the Financial Times reported on Sunday, citing people familiar with the m...

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Jun 7, 2026, 6:08 AM EDT - 13 hours ago

Explainer: How can retail investors buy shares in SpaceX's IPO?

SpaceX's long-awaited initial public offering, expected to fetch a $1.75 trillion valuation, has set off a frenzy among retail investors clamoring for a share of Elon Musk's rocket, satellite and AI e...

SPCX BAR DBP GLD GLDM IAU OUNZ

Jun 7, 2026, 6:04 AM EDT - 13 hours ago

SpaceX set to go public next week: should you invest in the IPO?

SpaceX is just days away from making stock market history. Elon Musk's rocket, satellite, and artificial intelligence company is expected to begin trading on Nasdaq on June 12 after pricing its initia...

SPCX BAR DBP GLD GLDM IAU OUNZ

Jun 7, 2026, 5:56 AM EDT - 13 hours ago

Swiss firms invest $27 billion in US after tariff deal, NZZ am Sonntag reports

Swiss companies invested $27 billion in the United States between January and April, as Switzerland moves to fulfil a pledge to sharply increase investment following a tariff agreement with ‌Washingt...

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Jun 7, 2026, 4:01 AM EDT - 15 hours ago

Case for joint European debt is compelling, ECB's Patsalides says

It is time for Europe to give up its long-standing political resistance to joint debt issuance, as a large-scale safe asset would bolster the bloc's sovereignty and stability, Cypriot central bank ch...

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Jun 7, 2026, 3:08 AM EDT - 16 hours ago

OPEC+ set for fourth oil quota hike since Hormuz closure, sources say

OPEC+ is set to agree on Sunday a fourth increase in oil output targets in as many months, three OPEC+ sources said, even though the U.S. war with Iran is still preventing several of the group's memb...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 3:07 AM EDT - 16 hours ago

Safran to invest €120 million in precision navigation sensors in France

French jet engine maker Safran will invest €120 million ($138.23 million) in its Montlucon site in central France ‌to triple output of hemispherical resonator gyroscopes (HRGs) by 2032, its Chief Exe...

BNO DBO GUSH IEO OIH PXJ UCO

Jun 7, 2026, 12:21 AM EDT - 19 hours ago

OpenAI plans ChatGPT 'superapp' overhaul ahead of listing, FT reports

OpenAI is planning its biggest ChatGPT overhaul yet, aiming ‌to turn it into a "superapp" with coding tools and AI agents to boost revenue ⁠ahead of a planned share listing, the Financial Times r...

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Jun 6, 2026, 10:00 PM EDT - 21 hours ago

SpaceX blockbuster IPO could SHAKE UP Wall Street

A panel discusses SpaceX reportedly aiming for a $1.75 trillion IPO with Elon Musk said to be setting aside 30% of shares for retail investors on ‘The Big Money Show.'

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Jun 6, 2026, 9:22 PM EDT - 22 hours ago

Hollywood workers rally against Paramount-Skydance deal

As he spoke at a gathering on Saturday to protest Paramount Skydance's proposed acquisition of Warner Bros. Discovery , stand-up comedian Adam Conover framed the ‌ongoing media consolidation as an ex...

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Jun 6, 2026, 6:56 PM EDT - 1 day ago

Bouygues-led consortium signs $23.44 billion deal to buy SFR from Altice France

Bouygues Telecom , Orange and Free-iliad Group have signed a memorandum of understanding with Altice France to buy telecoms ‌operator SFR for €20.35 billion ($23.44 billion), including debt, the comp...

PSKY WBD GUSH IEO OIH PXJ UCO

Jun 6, 2026, 6:24 PM EDT - 1 day ago

IATA Director on Air Transport Stagflation & Challenges

The International Air Transport Association (IATA) Director Willie Walsh speaks on the stagflation & challenges for the industry air transport industry.

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Jun 6, 2026, 6:24 PM EDT - 1 day ago

IATA Director Willie Walsh on Rising Cost of Jet Fuel

The International Air Transport Association (IATA) Director Willie Walsh speaks on how the cost of jet fuel will provide an incentive for refineries to increase production.

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Jun 6, 2026, 6:24 PM EDT - 1 day ago

JetBlue CEO Speaks on Potential Consolidation at IATA

JetBlue CEO Joanna Geraghty speaks at the International Air Transport Association (IATA) on potential consolidation saying "never say never".

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Jun 6, 2026, 6:24 PM EDT - 1 day ago

Delta President on Middle East Flights & Premium Travel

Delta Airlines President Peter Carter speaks at the International Air Transport Association (IATA) on Middle East, Rhiad flights and premium travel.

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Jun 6, 2026, 5:17 PM EDT - 1 day ago

Southwest sticks with Boeing as MAX 7 delay pushes service to 2027

Southwest Airlines expects Boeing's long-delayed 737 MAX 7 to enter ‌revenue service in 2027 and remains focused on the MAX family rather than adding another aircraft type to reduce risk, Chief Operat...

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Jun 6, 2026, 3:45 PM EDT - 1 day ago

High fuel costs to trigger airline failures and consolidation, industry chief says

Budget carriers have been among the hardest hit, lacking higher margin revenue streams.

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Jun 6, 2026, 3:05 PM EDT - 1 day ago

This Small-Cap Manager Is Up 94%, Betting On Hidden Drivers In The New Economy

Lasers that can shoot down drones. Data center infrastructure powering artificial intelligence.

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Jun 6, 2026, 2:53 PM EDT - 1 day ago

Tired of nausea or taking a GLP-1 pill every day? These experimental drugs could be better than Zepbound and Wegovy.

There is a new wave of weight-loss therapies in development that aim to be better than the existing GLP-1s.

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Jun 6, 2026, 2:49 PM EDT - 1 day ago

Dexcom's glucose monitor use shows benefit in non-insulin diabetic patients in study

Medical device maker Dexcom said the use of its continuous glucose monitor, G7, led to improved blood sugar control in patients with type 2 diabetes not using insulin, compared with routine care, acc...

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Jun 6, 2026, 2:45 PM EDT - 1 day ago

Intel Stock Took a Hit This Week After Its Record Rally. Here's How Much Traders See It Moving Next Week

Intel's stock took a big hit this week, bringing its record rally grinding to a halt. Could it signal more losses ahead, or leave the stock poised for a rebound?

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Jun 6, 2026, 2:34 PM EDT - 1 day ago

Eli Lilly says next-gen obesity drug curbs sleep apnea, among other benefits

Drugmaker Eli Lilly presented trial results to medical professionals on Saturday showing its next-generation obesity drug retatrutide curbed sleep apnea severity in ‌addition to boosting weight loss ...

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Jun 6, 2026, 2:13 PM EDT - 1 day ago

What to expect from WWDC 2026: Siri's highly anticipated revamp and Apple Intelligence updates

As Apple's Worldwide Developers Conference, WWDC 2026, approaches, the excitement is building around what Apple has in store for us this year. From Siri's overhaul to new Apple Intelligence updates, t...

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Jun 6, 2026, 1:25 PM EDT - 1 day ago

Deregulating In A Financial Boom: Why Governor Barr Is Right

In a speech delivered on June 6, 2026, at American University, Federal Reserve Governor Michael S. Barr issued one of the most urgent warnings in recent memory about the trajectory of U.S. bank regula...

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Jun 6, 2026, 1:00 PM EDT - 1 day ago

Tech Corner: Will MRVL Become Next $1T Company?

Nvidia (NVDA) CEO Jensen Huang pointed to Marvell (MRVL) as the next $1 trillion company. George Tsilis tests Huang's comments by highlighting the company's balance sheet and partnerships as key tests...

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Jun 6, 2026, 12:17 PM EDT - 1 day ago

The Trump administration might take an equity stake in OpenAI

President Donald Trump said on Friday that he's spoken to AI companies about striking deals “where the American people can benefit from the success of AI.”

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Jun 6, 2026, 11:30 AM EDT - 1 day ago

AI Debt Floods The Bond Market, And Fidelity Is Backing Away

The artificial intelligence boom has spent three years as a stock market story. This year it became a bond market problem.

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Jun 6, 2026, 11:14 AM EDT - 1 day ago

Air New Zealand plans for elevated fuel costs into 2027

Air New Zealand has offset only 25% to 40% of the hit from higher fuel prices through hedging and fare increases, Chief Executive Nikhil Ravishankar told Reuters on Saturday, as the carrier plans for...

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Jun 6, 2026, 10:45 AM EDT - 1 day ago

Sony's Best 2026 TVs and Theater Trio Explained

Sony believes it has found the future of TV technology with True RGB, a new display system that uses independently controlled red, green, and blue LEDs to deliver richer colors, better viewing angles,...

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Jun 6, 2026, 10:33 AM EDT - 1 day ago

Microsoft Build decoded: Solara, Scout, AI models, GitHub's woes and more with Mary Jo Foley

This week on the GeekWire Podcast, we break down the news from Microsoft Build from Project Solara and the Scout agentic assistant to Microsoft's push to rely less on OpenAI and Anthropic, and the mou...

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Jun 6, 2026, 10:01 AM EDT - 1 day ago

The U.S. stock market is facing historic downside risk — these 10 low-volatility stocks can protect your portfolio

Low-volatility stocks give investors a smoother ride — and they are beating the market on a risk-adjusted basis.

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Jun 6, 2026, 9:58 AM EDT - 1 day ago

Grindr Growing From Dating App to Politics, AI

Grindr Inc. unveiled a handful of new app features and shared more details around its premium subscription tier as part of a larger effort to integrate artificial intelligence across its LGBTQ dating ...

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Jun 6, 2026, 9:52 AM EDT - 1 day ago

Airbus closing in on widebody order from Scandinavian airline, Bloomberg News reports

Airbus is closing in on a widebody order from Scandinavia's biggest airline ‌SAS AB, which includes a mix of the Airbus A330neo and the more advanced A350, with about 15 to 20 aircraft under consid...

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Jun 6, 2026, 9:48 AM EDT - 1 day ago

Tesla's IPO minted 'Teslanaires.' Can SpaceX do the same?

The countdown to SpaceX's long-awaited stock market debut is entering its final days. Sixteen years ago, Tesla went public on the stock market, and today, Elon Musk is preparing to take another compan...

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Jun 6, 2026, 9:35 AM EDT - 1 day ago

Chinese EVs may hit U.S. within a few years, one way or another

China has deliberately and aggressively expanded its EV footprint throughout Europe, the U.K., Asia and Australia, exporting millions of vehicles, building factories and widening supply chains. Despit...

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Jun 6, 2026, 9:28 AM EDT - 1 day ago

Bitcoin is cratering, but a new Wall Street crypto hype is on the rise

HYPE, or hyperliquid, ETFs attracted nearly $160 million in inflows within days of launch, even as bitcoin and ether ETFs dropped along with the prices of underlying cryptocurrencies. ETF experts say ...

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Jun 6, 2026, 9:06 AM EDT - 1 day ago

Pfizer's monthly obesity shot has side-effect profile similar to Wegovy in midstage trial

Pfizer presented data on Saturday that showed a monthly dose of an experimental obesity drug it acquired through ‌its purchase of Metsera last year had a similar side-effect profile as rival Novo Nor...

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Jun 6, 2026, 8:31 AM EDT - 1 day ago

Abel goes his own way with new Berkshire investments, including billions for AI

Warren Buffett tells CNBC's Becky Quick new Berkshire Hathaway CEO Greg Abel has "launched" with his first major deal.

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Jun 6, 2026, 8:30 AM EDT - 1 day ago

Can SpaceX live up to Wall Street's multitrillion-dollar hype?

As SpaceX prepares for the biggest public debut in history, some analysts warn that the company's “moonshot” projections could fall short.

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Jun 6, 2026, 8:00 AM EDT - 1 day ago

Recursive self-improvement: Why Anthropic wants AI development slowed

As the race to build ever more powerful artificial intelligence systems accelerates, one of the industry's leading players is urging the world to consider a possibility that until recently belonged la...

SPCX HYPG IBIT THYP LI LIT NIO

Jun 6, 2026, 8:00 AM EDT - 1 day ago

America's crude inventories are getting perilously low. But that's not the full story.

There are growing worries that U.S. commercial oil inventories are too low for comfort as the war with Iran enters its fourth month far from a clear resolution — and a lot hinges on how much longer th...

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Jun 6, 2026, 7:30 AM EDT - 1 day ago

Apple's WWDC will be a make-or-break moment for the company's fledgling AI strategy

Apple faces a high-stakes artificial-intelligence showcase next week when it hosts its Worldwide Developers Conference.

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Jun 6, 2026, 5:30 AM EDT - 1 day ago

The Era of the One-Size-Fits-All Cancer Drug Is Ending

Investors have bet new drugs can topple Merck's Keytruda, but the evidence so far points to something smaller.

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Jun 6, 2026, 5:04 AM EDT - 1 day ago

Airline chiefs grapple with fuel shock, fare test at Rio summit

Global airline chiefs open their annual summit in Rio de Janeiro on Saturday facing a sharper test of the industry's post-pandemic recovery, as the Iran war drives up fuel ‌costs and disrupts airspac...

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Jun 6, 2026, 1:00 AM EDT - 1 day ago

Social media bans on teens risk strengthening Big Tech's grip on the sector, Bluesky exec warns

Bluesky's chief operating officer told CNBC that teen social media bans risk entrenching Big Tech's dominance. Australia banned social media for under-16s in December, with platforms facing fines up t...

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Jun 5, 2026, 8:44 PM EDT - 1 day ago

SpaceX Has $30 Billion Deal to Provide Google With A.I. Computing Power

Elon Musk's rocket company said Google would pay it $920 million a month, as it prepared for its initial public offering.

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Jun 5, 2026, 8:13 PM EDT - 1 day ago

Google Agrees to Pay SpaceX $920 Million Monthly for AI Compute

Google will pay SpaceX $920 million per month for compute capacity, SpaceX said in a Friday (June 5) filing with the Securities and Exchange Commission. Under an agreement the companies signed Friday,...

GOOG GOOGL SPCX RDDT PXJ UCO USO

Jun 5, 2026, 7:31 PM EDT - 1 day ago

Roche obesity drug helps patients shed 22.7% of weight in mid-stage trial

Roche said on Friday that patients lost 22.7% of their body weight in a mid-stage trial of its dual-acting experimental obesity drug, with more than a quarter of those who received the highest dose a...

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Jun 5, 2026, 7:13 PM EDT - 2 days ago

S&P 500 Snapshot: Sharpest Drop Since April 2025

Although the S&P 500 reached multiple record highs early in the week, its upward momentum was halted on Friday by the stronger-than-expected jobs report, which triggered the index's largest single-day...

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