Gold bars are displayed in a photo illustration, reflecting recent movements in gold prices driven by inflation concerns and central bank policy outlooks in Brussels, Belgium, on December 23, 2025. (Photo by Jonathan Raa/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images Gold fell to a fresh six-month low on Thursday as investors dump…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…
Razer CEO Tan Min-Liang speaks onstage with CNBC’s Joanna Ossinger at Singapore’s Super AI convention on June 11, 2026. SuperAI 2026 Blockbuster public offerings from companies involved in the global artificial intelligence race could be an enduring feature of the industry, Min-Liang Tan, CEO at Singaporean gaming company Razer, said Thursday, ahead of a series…
Hugo Boss shares popped 6% Thursday after its biggest shareholder, Frasers Group announced a 2-billion-euro takeover offer for the German fashion company. Frasers, which has a 26% stake in Hugo Boss, said late Wednesday it is offering 38 euros per share in cash for the remainder of Hugo Boss shares, marking a total consideration of…
Traders work on the floor of the New York Stock Exchange during afternoon trading on June 10, 2026 in New York City. Michael M. Santiago | Getty Images As hostilities in the Middle East flare up again, investors are increasingly grappling with the possibility of a prolonged conflict and pricing in a “long grind.” The…
OpenAI Ceo Sam Altman speaks to journalists after meeting with US House Minority Leader Hakeem Jeffries on Capitol Hill in Washington, DC, on June 3, 2026. Brendan Smialowski | AFP | Getty Images OpenAI is mulling sharp price cuts to its artificial intelligence offerings, as it looks to woo consumers away from rival Anthropic, the…
The U.S. has completed strikes it launched in Iran on Wednesday at President Donald Trump‘s direction, U.S. Central Command said. The strikes were completed at 9:04 p.m. ET, CENTCOM said, adding it hit Iranian military surveillance capabilities, communication systems, and air defense sites. U.S. forces fired on Iranian targets that “posed a threat to U.S….
An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Oil prices jumped Thursday after the U.S. launched a fresh round of military strikes against Iran, stoking worries…
SpaceX will debut under the ticker ‘SPCX’ this Friday, and its options will begin trading on Tuesday, June 16th. It’s a quick turnaround that leaves investors a little bit in the lurch. They’ll have little time and a small sample size of activity to judge how the world’s largest IPO will trade day-to-day over the…
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a “remarkable loser,” Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back nearly half its 3.3% gains in the prior session. Shares are down…
