Business news

Business news • Jun 12

Stock markets surge as Trump calls off strikes on Iran, touts peace deal

Stock markets have surged following US President Donald Trump's announcement that he will not go ahead with planned strikes against Iran and a peace deal...

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Business news • Jun 12

Stocks end higher as SpaceX soars in debut, U.S.-Iran deal nears

Elon Musk's rocket maker is set to debut on the Nasdaq on Friday in what will be the largest IPO in history.

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Business news • Jun 12

Americans confront shifting reality after mortgage rate news

Mortgage rates may have ticked down for one week, but they're back up on the week of June 11, according to Freddie Mac. The average 30-year fixed mortgage...

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Business news • Jun 11

Bank of Japan set to hike rates to 31-year high, drop hawkish signals

The Bank of Japan is set to raise interest rates to a 31-year high next week and signal its readiness to keep pushing up borrowing costs, undeterred by the...

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Business news • Jun 11

Wall Street indexes jump, Trump says strikes against Iran canceled

U.S. stocks ended sharply higher on Thursday, with ​indexes extending gains after U.S. President Donald Trump said he canceled planned strikes against Iran,...

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Business news • Jun 11

SpaceX locks in IPO price of $135, making it largest stock debut ever

SpaceX set its final IPO price at $135 on Thursday, the last stage in a long-running process to bring Elon Musk's space and AI conglomerate public.

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Business news • Jun 11

SpaceX IPO makes Elon Musk the world's first trillionaire

June 11 (Reuters) - Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central...

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Business news • Jun 11

Stock market today: Dow surges 900 points, Nasdaq, S&P 500 soar as Trump suggests deal with Iran is close

US stocks tumbled amid reports that the US struck Iran hours after President Trump had pledged to do so, saying negotiations were taking "too long."

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Business news • Jun 11

SpaceX Cements Final IPO Price At $135 As Retail Investor Orders Top $100 Billion (Live Updates)

SpaceX on Thursday officially set its IPO price at $135, as retail traders have reportedly submitted orders for more than $100 billion in SpaceX shares,...

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Business news • Jun 11

Inflatable Musk Appears in Times Square in SpaceX IPO Protest

A large inflatable version of a shirtless Elon Musk appeared in Times Square on Thursday, in an apparent protest against SpaceX's IPO this week and its...

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Business news • Jun 11

SpaceX Finalizes IPO Price at $135 a Share in World’s Largest Public Offering

Elon Musk's rocket company said it would sell more than 555 million shares at $135 each in its blockbuster initial public offering, which is set to begin...

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Business news • Jun 11

US stocks jump to their best day in 2 months on hopes for a deal to get crude flowing globally again

U.S. stocks rallied to their best day in two months, and oil prices fell after President Donald Trump called off his threat to bomb Iran in the evening.

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Business news • Jun 11

Giant inflatable Elon Musk appears in Times Square one day before SpaceX IPO, with a scathing message for its CEO

A smiling and shirtless giant inflatable of Elon Musk appeared in Times Square to protest SpaceX a day before its historic IPO.

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Business news • Jun 11

Inflatable Elon Musk Appears in Times Square, Begs to be Popped like the AI Bubble

Plenty of people have said that Elon Musk is full of hot air. This version of him actually is. On Thursday, a 40-foot-tall inflatable version of the...

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Business news • Jun 11

Massive Effigy of Elon Musk Raised Over Times Square to Protest Grok

In the middle of New York City's Times Square, a massive, inflatable effigy of billionaire Elon Musk towered over tourists and commuters earlier today.

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Business news • Jun 11

SpaceX to make historic IPO that could make Musk a trillionaire

Elon Musk's SpaceX on Thursday confirmed it will begin trading on the Nasdaq exchange Friday in the biggest initial public offering in history,...

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Business news • Jun 11

Adobe beats Q2 estimates but CFO departure spooks investors

Adobe Inc (NASDAQ:ADBE) reported second-quarter revenue of $6.62 billion, topping analyst expectations of $6.45 billion, but investors were rattled by news...

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Business news • Jun 11

Exclusive | SpaceX IPO Draws at Least $5 Billion Order From BlackRock

Other large asset managers made similar requests, along with fervent interest from individual investors.

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Business news • Jun 11

Rates Drop Sharply to One Week Lows

Mortgage rates began the day in uneventful fashion with the average lender right in line with yesterday's latest levels. Things might have gotten off to a...

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Business news • Jun 11

SpaceX cafeteria workers poised to become millionaires after blockbuster IPO — 4,400 employees set to hit 7-figures

Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. With SpaceX's IPO (NASDAQ: SPCX), much of the attention...

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