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SpaceX stock rebounds to near $135 IPO price

Elon Musk speaks at Starbase before SpaceX’s IPO in in Starbase, Texas, U.S., June 12, 2026. CNBC Shares of Elon Musk‘s SpaceX rose on Monday, bringing the stock back around its $135 IPO price. The shares briefly hit the benchmark in early trading on Monday, marking a rebound from rocky post-IPO trading that has seen…

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Meta launches Muse Glimmer open-weight AI model

Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta said it would open source its most powerful AI models and…

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OpenAI Astra model raises cyberattack concerns

OpenAI has halted some “internal activities” involving a new model amid fears over the cyber threat it potentially poses, amid a wave of security incidents involving major AI labs. Recent disclosures that AI systems from Anthropic, OpenAI and Meta were involved in security incidents prompted a wave of concerns over the development of models. U.S….

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investors eye key inflation data

U.S. Treasury yields inched lower at the start of the week as investors look ahead to a busy week of economic data, with particular focus on a key inflation reading. At 3:58 a.m. ET, the 10-year Treasury yield was down just over 1 basis point, and the 30-year Treasury bond similarly declined 1 basis point….

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Trump pressure and what comes next

The ExxonMobil and Chevron company logos are displayed on the floor of the New York Stock Exchange during morning trading on July 24, 2026 in New York City. Michael M. Santiago | Getty Images Big Oil enjoyed a blockbuster profit windfall in the second quarter. A key question now is whether the industry will use…

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