Market News - Mboum.com

Jun 16, 2026, 2:25 PM EDT - 4 minutes ago

Leaked audio: Disney product chief lays out what's part of its 'super app' plans — and what isn't

Disney isn't currently building a "super app" beyond streaming, a top exec said. "There is nothing on the road map about bringing either cruises or the parks into this," he said.

DIS

Jun 16, 2026, 2:22 PM EDT - 7 minutes ago

Qualcomm wants to be the chip inside whatever replaces your smartphone, and it just announced two products toward that end

Qualcomm CEO Cristiano Amon said Tuesday that the company is working on over 40 different AI wearable devices — including jewelry, earbuds with cameras, pins, and watches — a sign of how aggressively ...

QCOM

Jun 16, 2026, 2:19 PM EDT - 10 minutes ago

Volkswagen reduces production at German plant amid uncertain future for site

Volkswagen will pare back production of the open-top T-roc Cabrio SUV at its plant in Osnabrueck, Germany, a ‌company spokesperson said on Tuesday, alarming employee representatives who have urged ma...

QCOM

Jun 16, 2026, 2:16 PM EDT - 13 minutes ago

Wall Street's Gold Analysts Are Pricing in Middle-East Peace—and They See a ‘Rebound' Coming

Wall Street analysts are taking a shine to gold.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 2:12 PM EDT - 17 minutes ago

Dave & Buster's stock drops as consumer spending slows

Dave & Buster's Entertainment (PLAY) shares fell about 4% after the company reported weaker-than-expected fiscal first-quarter 2026 results, as softer customer demand and higher operating costs weighe...

PLAY BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 2:01 PM EDT - 28 minutes ago

SpaceX Soars On Third Trading Day, Seals Cursor Takeover | Bloomberg Tech 6/16/2026

Bloomberg's Ed Ludlow tracks SpaceX's value eclipsing Amazon's, this as it lands its $60 billion takeover of Cursor. Plus, Anthropic meets with US officials to resolve a national security dispute with...

SPCX BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 2:00 PM EDT - 29 minutes ago

SPCX Grips Markets, Passes AMZN Market Cap on Third Day of Public Trading

SpaceX (SPCX) has surpassed Amazon's (AMZN) market cap in intraday trading Tuesday, marking a monumental moment for the company. Andrew Chanin talks about the recent buying frenzy in SpaceX since its ...

AMZN SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 2:00 PM EDT - 29 minutes ago

TECH TITAN SUED: OpenAI CONFRONTS first-of-its-kind state legal challenge

The Lanier Law Firm attorney Mark Lanier discusses Roblox's new safety measures, online child protection and Florida's lawsuit against TikTok on ‘Varney & Co.' #foxbusiness #varneyandco 00:00 — Mark L...

AMZN SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 2:00 PM EDT - 29 minutes ago

Android 17 launches with new multitasking tools as Google expands Gemini features

Google on Tuesday released the final version of its Android 17 operating system, as well as its counterpart for smartwatches, Wear OS 7. The latest release, which arrives first on its own Pixel device...

GOOG GOOGL DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:55 PM EDT - 34 minutes ago

SpaceX Pounces on $60 Billion Cursor Takeover Days After IPO

Sara Araghi, portfolio manager at Franklin Templeton - which backed SpaceX long before its IPO - says SpaceX cementing its $60 billion takeover of Cursor so quickly "makes sense" considering the compa...

SPCX GOOGL DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:51 PM EDT - 38 minutes ago

Shares of Elon Musk's SpaceX soar past Amazon

Shares of Elon Musk's SpaceX soared more than 14% on Tuesday, lifting its value higher than Amazon and briefly Microsoft just days after its debut.

AMZN SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:50 PM EDT - 39 minutes ago

Mobileye's US robotaxi launch will put it on both sides of the AV business

Mobileye has pitched itself as an autonomous vehicle technology supplier. Now, it wants the operator label, too.

MBLY SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:48 PM EDT - 41 minutes ago

Rivian cuts hundreds of workers after R2 deliveries start

Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch.

RIVN SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:47 PM EDT - 42 minutes ago

Hacking group claims major hack of Novo Nordisk and attempted $25 million extortion

A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical ‌giant Novo Nordisk and said it is exploring selling parts of the data after unsuccessfully ...

NVO SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:45 PM EDT - 44 minutes ago

SpaceX Explores New AI Avenues With $60 Billion Cursor Deal

SpaceX will spend $60 billion to acquire artificial intelligence coding startup Cursor. The deal, announced in a regulatory filing Tuesday (June 16), comes soon after SpaceX's gargantuan initial publi...

SPCX SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:45 PM EDT - 44 minutes ago

SpaceX's Public Debut Marks The End Of Big Tech's 'Magnificent 7' Era

$85.7 billion. That's how much SpaceX raised in its IPO—the largest public offering in history, clearing prior records held by Saudi Aramco and Alibaba.

SPCX SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:45 PM EDT - 44 minutes ago

Apollo's sale of the largest US private golf-club operator shows upswing in M&A for luxury clubs

A post-COVID surge in U.S. golf-club memberships is leading to big deals for private-club operators that cater to the affluent, evidenced in Apollo Global Management's sale last week of the largest p...

APO SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:31 PM EDT - 58 minutes ago

Could the Vanguard S&P 500 ETF be your ticket to becoming a stock market millionaire?

The Vanguard S&P 500 ETF made stock market history as the first ETF to hit $1 trillion in assets, offering diversified exposure to 500 of the largest U.S. companies.

VOO SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:28 PM EDT - 1 hour ago

Western Digital stock looks ripe for a near-term pullback: find out more

Western Digital (WDC) shares have been an immensely lucrative investment in 2026, currently up 250% year-to-date on insatiable demand for AI data center storage and a sold-out HDD inventory. But disci...

WDC SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:20 PM EDT - 1 hour ago

Rivian laying off hundreds of workers amid R2 launch

Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce, as the EV maker aims to narrow losses. The electric vehicle maker officially launched deliveries of its key...

RIVN SPCX DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:17 PM EDT - 1 hour ago

Gold (XAUUSD), Silver, Platinum Forecasts – Gold Moves Higher As Oil Prices Test New Lows

Falling Treasury yields provided significant support to precious metals.

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:06 PM EDT - 1 hour ago

Self-driving tech supplier Mobileye wants to be part of the robotaxi revolution — again

Mobileye has pitched itself as an autonomous vehicle technology supplier. Now, it wants the operator label, too.

MBLY BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:06 PM EDT - 1 hour ago

Eli Lilly Takes Another Stab at the Market for Painkillers. This Attempt Might Work.

Eli Lilly is acquiring Austin-based 4E Therapeutics, the developer of non-addictive painkillers, for an undisclosed amount.

LLY BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:01 PM EDT - 1 hour ago

GM, Lockheed to collaborate on defense projects

General Motors and defense company Lockheed Martin are collaborating on projects to strengthen the U.S. manufacturing and defense industrial base, ‌the companies said Tuesday.

GM LMT DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:01 PM EDT - 1 hour ago

BMW Cuts Outlook as Middle East War, China Woes Weigh

The German carmaker said that it now expects a slight fall in automotive sales over the course of 2026 compared with a year earlier, having previously guided for flat growth.

GM LMT DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 1:00 PM EDT - 1 hour ago

The Big 3: AMZN, CLSK, CRWV

@ProsperTradingAcademy's Charles Moon walks us through today's Big 3, all highlighting companies involved in the AI buildout. He likes Amazon (AMZN) for its recent rebound rally, CleanSpark (CLSK) for...

AMZN CLSK CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 1:00 PM EDT - 1 hour ago

General Motors announces new defense partnership with Lockheed Martin

General Motors announced a new defense partnership with Lockheed Martin as the country ramps up its production of weapons. Company executives said the deal was facilitated by the U.S. Department of De...

GM LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:59 PM EDT - 1 hour ago

More Robo-Taxis Are Coming. This Stock Is Getting a Boost.

Mobileye plans to launch a robo-taxi service but faces competition from the likes of Alphabet's Waymo and Tesla.

MBLY LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:55 PM EDT - 1 hour ago

SpaceX Stock Extends Its Post-IPO Climb. It's Worth More Than Amazon Now

SpaceX stock continued its post-IPO climb Tuesday, with the stock rising above $200 per share for the first time.

SPCX LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:53 PM EDT - 1 hour ago

Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure

Snap CEO Evan Spiegel told Reuters the company's new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist ‌investor demands to shut down or spin off the cash-b...

SNAP LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:53 PM EDT - 1 hour ago

Snap bets on life beyond smartphones with $2,195 Specs augmented-reality glasses

Snap on Tuesday launched its first augmented-reality glasses for consumers at a hefty price of $2,195, pitching the device as the future of how people interact with technology in the AI age.

SNAP LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:50 PM EDT - 1 hour ago

Snap unveils $2,195 AR glasses as CEO Evan Spiegel bets on post-smartphone future

Snap is launching Specs, the company's first AR glasses geared toward the broader public instead of developers. The glasses cost $2,195 with a $200 refundable deposit, and are expected to ship later t...

SNAP LMT CRWV GLD GLDM IAU OUNZ

Jun 16, 2026, 12:50 PM EDT - 1 hour ago

Global oil prices break below $80 for the first time since the Iran war began. Ships still aren't passing through Hormuz.

Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.

BNO DBO GUSH IEO OIH PXJ UCO

Jun 16, 2026, 12:49 PM EDT - 1 hour ago

Rivian lays off hundreds of workers, WSJ reports

EV startup Rivian laid ‌off hundreds of employees on Tuesday, ⁠a move to make the business profitable as it launches ‌a ⁠key new model, the Wall Street ⁠Journal reported.

RIVN DBO GUSH IEO OIH PXJ UCO

Jun 16, 2026, 12:38 PM EDT - 1 hour ago

I Will Hold My SpaceX Shares Forever, Says Sequoia's Maguire

Shaun Maguire, Sequoia Capital Partner and SpaceX investor, joins to discuss SpaceX's IPO and what it means for venture capital investing, SpaceX's plans for orbital data centers and his thoughts on u...

SPCX DBO GUSH IEO OIH PXJ UCO

Jun 16, 2026, 12:35 PM EDT - 1 hour ago

This AI ETF Is on Fire & Can Still Deliver Long-Term Upside

There have been hiccups along the way, but the artificial intelligence (AI) rollout feels unrelenting this year. A bevy of ETFs reflect related ebullience, but responses across the landscape of AI-inc...

IGPT DBO GUSH IEO OIH PXJ UCO

Jun 16, 2026, 12:35 PM EDT - 1 hour ago

Guggenheim Returns to ETF Market With Two New Income Funds

On Monday, June 15, Guggenheim Investments debuted a pair of new fixed income ETFs. Each of these new funds offers an active take on the fixed income space.

GCSH GISC GUSH IEO OIH PXJ UCO

Jun 16, 2026, 12:35 PM EDT - 1 hour ago

MBS ETFs: Rally Rolls on After Record-Setting Year

Agency mortgage-backed securities (MBS) are quietly coming off their best year since 2002 — climbing over 8.5%. So far, the macroeconomic backdrop of 2026 suggests last year's rally was far from a flu...

MBS MBB PMBS SMBS OIH PXJ UCO

Jun 16, 2026, 12:34 PM EDT - 1 hour ago

Why Intel stock is crashing around 6% on Tuesday

Intel stock (INTC) tumbled more than 6% on Tuesday as a broad technology selloff swept through markets, interrupting one of the strongest rallies in the semiconductor sector this year. The decline cam...

INTC MBB PMBS SMBS OIH PXJ UCO

Jun 16, 2026, 12:34 PM EDT - 1 hour ago

Pizza Hut to be sold for $2.7B after years of lagging sales

Yum! Brands on Tuesday announced it is selling Pizza Hut for $2.7 billion, after years of the flailing pizza chain weighing on its earnings.

DPZ PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:33 PM EDT - 1 hour ago

EV Startup Rivian Lays Off Hundreds of Workers

The job cuts affect employees in Rivian's service and customer organization, which handles sales and marketing.

RIVN PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:30 PM EDT - 1 hour ago

AMZN Fronts $200B CapEx Bill: Ways Ecommerce, AWS & Amazon Leo Offer Growth

Markets are digesting all the hyperscaler spending on the AI buildout, says Arun Sundaram, pointing to Amazon's (AMZN) $200 billion CapEx goal as something for investors to watch. However, the Mag 7 g...

AMZN PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:28 PM EDT - 2 hours ago

Dutch transportation minister defends Tesla FSD approval

The Netherlands' transportation minister on Tuesday denied ‌the country's influential RDW authority had relied on statistics submitted by Tesla as the basis of its approval of the company's "Full Self...

TSLA PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:19 PM EDT - 2 hours ago

CoreWeave stock jumps 10% as analysts see major backlog upside

CoreWeave (CRWV) shares surged about 10% on Tuesday as investors reacted to fresh analyst commentary suggesting the cloud-computing company could deliver a significant backlog beat in the second quart...

CRWV PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:19 PM EDT - 2 hours ago

Tata says India pollution board drops scrutiny of Apple iPhone parts plant

Apple's Indian supplier ‌Tata Electronics on Tuesday said a state pollution control board has dropped its scrutiny of the company's iPhone components plant after it addressed concerns about contaminat...

AAPL PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:14 PM EDT - 2 hours ago

EssilorLuxottica, Applied Materials strike deal to develop smart glasses, AR technology

EssilorLuxottica , the world's largest ‌eyewear maker, has signed a long-term ⁠deal with U.S. chipmaking equipment company Applied Materials to develop augmented ‌reality ⁠display technology an...

AMAT PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:11 PM EDT - 2 hours ago

BMW lowers 2026 outlook on China downturn, Iran war

German carmaker BMW lowered its outlook for ‌2026, saying on Tuesday it expected a significant decrease in group ⁠profit compared to last year due to an accelerated downturn in the Chinese marke...

AMAT PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:07 PM EDT - 2 hours ago

Coinbase CEO on tokenized stock launch: Opens U.S. equity access to global investors

Brian Armstrong, Coinbase CEO, joins 'Squawk on the Street' to discuss the company's tokenized stocks, why it's interesting for global investors and much more.

COIN PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:05 PM EDT - 2 hours ago

Anthropic's Dire Marketing Worked Too Well

Plus, SpaceX makes Cursor deal, and AI struggles to replace stenographers.

COIN PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:01 PM EDT - 2 hours ago

Qualcomm pushes deeper into AI with new product roadmap

CNBC's Kristina Partsinevelos reports on the possibility for deal activity from Qualcomm.

QCOM PYPL YUM YUMC OIH PXJ UCO

Jun 16, 2026, 12:01 PM EDT - 2 hours ago

U.S.-Iran deal allows Tehran to immediately sell oil, WSJ reports

The U.S. will allow Iran ‌to immediately begin selling oil and fuel ⁠under the memorandum of understanding the two sides reached to end war, ‌the ⁠Wall Street Journal reported on Tuesday, cit...

BNO DBO IEO OIH PXJ UCO USO

Jun 16, 2026, 12:00 PM EDT - 2 hours ago

Threads, Meta's X Competitor, Hits 500 Million Monthly Users

Threads surpassed X in terms of daily active users on mobile devices worldwide in September, according to Similarweb data shared with Forbes at the time. Then, Threads barely edged out X, recording 13...

META DBO IEO OIH PXJ UCO USO

Jun 16, 2026, 11:58 AM EDT - 2 hours ago

RBC CEO on AI, Jobs, SpaceX IPO, US Trade, Energy Demand

Royal Bank of Canada Chief Executive Officer Dave McKay talks about SpaceX going public, how artificial intelligence is being used at the bank, the US trade war with Canada, how he views markets and t...

SPCX DBO IEO OIH PXJ UCO USO

Jun 16, 2026, 11:57 AM EDT - 2 hours ago

Why Fox-Roku deal is hitting Netflix stock today

Fox Corporation's (FOXA) landmark agreement to acquire Roku Inc (ROKU) in a $22 billion deal is sending shockwaves through the entire streaming landscape on Tuesday morning. In particular, Netflix (NF...

FOXA NFLX ROKU OIH PXJ UCO USO

Jun 16, 2026, 11:54 AM EDT - 2 hours ago

Barclays sees gold hitting $4,791 in 2026, $4,900 in 2027 as Iran correction fades, structural drivers reemerge

Gold's 26% decline during the Iran conflict came from a boost to the dollar, yields and equities which overwhelmed the yellow metal's safe-haven appeal, but persistent inflation, policy uncertainty an...

AAAU BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 11:45 AM EDT - 2 hours ago

Nuvei's Payoneer Deal Shows Businesses Want More From Cross-Border Payments

Global commerce has shrunk the world. Now, the world is shrinking global commerce as the cross-border payments market is entering a new phase of consolidation.

PAYO BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 11:44 AM EDT - 2 hours ago

Prediction market traders speculate Anthropic will restore access quickly to AI model after Trump admin directed it to limit reach

Traders on prediction market platform Kalshi think there's a 58% chance Anthropic will restore access to Fable 5 to U.S. customers by July 1. Anthropic disabled access to the model after an order from...

PAYO BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 11:40 AM EDT - 2 hours ago

SoftBank Offers OpenAI Cybersecurity Tech to Defend Japan's Critical Infrastructure

SoftBank Group has launched an artificial intelligence-powered cybersecurity solution that it will offer to companies in Japan that support the country's critical infrastructure.

PAYO BAR DBP GLD GLDM IAU OUNZ

Jun 16, 2026, 11:40 AM EDT - 2 hours ago

Trump invokes Defense Production Act for munitions, supply chains

U.S. President Donald Trump has invoked the Defense Production Act to address constraints in weapons supply and development ‌for munitions production and supply chains, according to a memo made publi...

DFEN ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:36 AM EDT - 2 hours ago

Syria signs deal with ConocoPhillips, Novaterra to revive gas production

The Syrian Petroleum Company, U.S.-based ConocoPhillips (COP.N),and energy firm Novaterra signed a deal in Damascus on Tuesday to develop new gas fields and expand production at existing fields, acco...

COP ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:34 AM EDT - 2 hours ago

How TTEQ's Research-Based AI Stocks Approach Has Delivered YTD

AI stocks, those equities either from AI pioneers or firms poised to benefit from that innovation, have driven stock market and portfolio performance for months and months and months. Investors have l...

TTEQ ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:32 AM EDT - 2 hours ago

Databricks strikes deal to buy Panther Labs in cybersecurity push

Databricks on Tuesday said it ‌agreed to buy the startup Panther Labs, as the U.S. ⁠data analytics provider pushes deeper into the cybersecurity business.

TTEQ ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:30 AM EDT - 2 hours ago

XOM Sees Upgrade Despite Pressure from U.S.-Iran Peace Talk Hopes

Marley Kayden breaks down Exxon Mobil (XOM), pointing out that shares are trading below prices before the U.S.-Iran War began. That didn't stop BofA from upgrading the stock and initiating a $154 pric...

XOM ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:30 AM EDT - 2 hours ago

Why Investors Are ‘Woefully Undervaluing' CoreWeave Stock

The company is set to beat consensus estimates for its second-quarter backlog, Cantor Fitzgerald analyst Brett Knoblauch says.

CRWV ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:28 AM EDT - 3 hours ago

Palantir falls 3%: Why are analysts still bullish on the stock?

Palantir Technologies (PLTR) shares fell on Tuesday despite receiving fresh support from Wall Street analysts who remain optimistic about the company's long-term position in the artificial intelligenc...

PLTR ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:20 AM EDT - 3 hours ago

Nvidia's Huang pledges AI will boost manufacturing jobs. A test will come in Texas

Jensen Huang's company Nvidia makes the computer chips that unleashed a revolution in artificial intelligence. Now he's wagering that an AI buildout can revive U.S. manufacturing, pushing past limits ...

NVDA ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:18 AM EDT - 3 hours ago

Saudi-backed Riyadh Air wins approval to operate US flights

Saudi Arabia's new airline Riyadh Air won the right to operate flights to and from the United States, ‌the U.S. Transportation Department said in an order Tuesday.

KSA ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:18 AM EDT - 3 hours ago

Edgewise shares slip after heart-disease drug trial data disappoints investors

Edgewise Therapeutics shares fell nearly 10% on Tuesday after the efficacy of its experimental heart-disease drug in a mid-stage study fell short of investor expectations.

EWTX ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:13 AM EDT - 3 hours ago

SpaceX Options Start Trading Today. It's Getting Wild.

Expect high volume and extraordinary volatility when trading opens at 9:30.

SPCX ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:12 AM EDT - 3 hours ago

SpaceX to buy AI coding firm Anysphere for $60bn and passes Amazon valuation

Elon Musk firm adds startup behind Cursor app to its portfolio with xAI and reaches $2.8tn market capitalisation

SPCX ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:12 AM EDT - 3 hours ago

Salesforce stock wipeout hits $212B as acquisition spree backfires

Salesforce stock continues its strong downward trend this year, and is now hovering near its lowest level since 2023. CRM has plunged by 55% from its all-time high, with its market capitalization fall...

CRM ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:08 AM EDT - 3 hours ago

SpaceX hot streak makes Elon Musk's business the fifth-biggest US company, surpassing Amazon

SpaceX shares jumped 10% Tuesday for the third-straight day of gains, even as Elon Musk's rocket firm announced a $60 billion acquisition of an AI coding startup amid concerns it has been overspending...

SPCX ITA PPA XAR GLDM IAU OUNZ

Jun 16, 2026, 11:04 AM EDT - 3 hours ago

Home Construction Drops to Slowest Pace Since 2020. Why Builder Stocks Are Shrugging It Off.

Investors are watching the 10-year Treasury yield as a better indicator of the where the housing market is headed.

DHI KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:58 AM EDT - 3 hours ago

What to know about Cursor, the AI coding startup SpaceX is buying for $60 billion

SpaceX is buying a highflying, fast-growing artificial-intelligence startup as it seeks to make its Grok model more competitive.

SPCX KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:56 AM EDT - 3 hours ago

SpaceX leapfrogs Amazon and briefly tops Microsoft in market value on Cursor acquisition news

Shares of SpaceX surged Tuesday, pushing the Elon Musk-led company above Amazon and into a neck-and-neck race with Microsoft for the title of the world's fourth-most valuable public company less than ...

SPCX KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:50 AM EDT - 3 hours ago

Robinhood's note on 10% layoffs shows blaming AI isn't cutting it

It appears using AI as a cover story for cutting jobs is fast falling out of fashion.

HOOD KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:49 AM EDT - 3 hours ago

Tesla stock slips 2% as SpaceX continues to climb: what's hurting the EV stock

Tesla stock (TSLA) moved lower on Tuesday even as analysts grew more optimistic about the company's near-term vehicle deliveries. Shares of the electric vehicle maker fell about 2% in early trading to...

TSLA KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:39 AM EDT - 3 hours ago

This little-known AI stock has beaten Micron and Arm this year, and now it's extending its lead

Shares of a little-known cloud-computing company that has been striking big deals with tech giants have been on a tear this year. And a new deal with Advanced Micro Devices is furthering that notable ...

RXT KBH LEN PHM TOL IAU OUNZ

Jun 16, 2026, 10:34 AM EDT - 3 hours ago

Renault to make drones with Thales to support French defence sector

France's Renault Group will produce military drones with defence technology firm Thales , the companies said on Tuesday, marking a further push by the automaker into defence manufacturing.

RXT KBH LEN PHM TOL IAU OUNZ