SpaceX overtook Amazon to become the world’s fifth most valuable company, with its share price rising 20% on Monday and more than 8% in early trading on Tuesday, giving it a valuation of more than $2.7 trillion. That’s despite Amazon making a $78 billion profit in 2025 on $717 billion in sales last year, while…
A Carvana sign and signature vending machine in Tempe, Arizona. Michael Wayland | CNBC After growing to become one of the largest used car retailers in the U.S., Carvana is expanding into the new vehicle market. The company has quietly purchased seven new vehicle franchises since last year that primarily sell Stellantis‘ Chrysler, Dodge, Jeep…
Your one-stop shop for draft season preparation, including rankings, projections and analysis. Source link
President Trump said Tuesday that an agreement between the US and Iran to reopen the Strait of Hormuz could stand even if Israeli attacks in Lebanon continue. “It could happen,” Trump said, speaking to the G7 in Evian-les-Bains, France, when asked whether the Iran deal could survive if Israel attacks Lebanon, referring to the conflict……
A sign hangs above the front of a Pizza Hut restaurant on Feb. 9, 2026 in Chicago, Illinois. Scott Olson | Getty Images Yum Brands on Tuesday announced it is selling Pizza Hut to private equity firm LongRange Capital for roughly $1.5 billion. The deal excludes the pizza chain’s locations in mainland China; Yum China…
The union’s primary spokesperson the last time MLB lost a game in a labor battle saw signs of trouble ahead. Source link
FBI Director Kash Patel said Tuesday that federal authorities prevented a possible attack targeting the UFC Freedom 250 event held on the White House lawn with a multi-state law enforcement operation that led to multiple arrests. The FBI and law enforcement first became aware of the potential threat via Signal chat on June 10, a…
Amid heightened anticipation, Kevin Warsh will head his first meeting as Federal Reserve chairman but is expected do very little, at least initially, according to the latest CNBC Fed Survey. The 32 respondents, including economists, fund managers and strategists, as a group see no rate change at this meeting or any meeting through 2027. But…
SpaceX has Agreed AI coding startup Cursor will be acquired in a $60 billion stock deal just days and less than two months after the space company’s historic IPO. Announcement of alliance between the two. The deal is meant to help SpaceX’s AI division — which is built around Elon Musk’s AI company XAI, which…
Cubs center fielder Pete Crowe-Armstrong became the first player to hit for the cycle this season. Source link
