Business news

Business news • Jun 10

The big question facing SpaceX investors: What are you really buying?

Is SpaceX a rocket company, satellite communications business or AI powerhouse? That's a key question for investors to assess heading into the IPO.

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Business news • Jun 10

SpaceX’s I.P.O. Could Turn 4,400 Employees Into Millionaires

While Elon Musk may soon become a trillionaire, his rocket company's market debut is set to the change the lives of its current and former employees, too.

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Business news • Jun 10

Policy on the AI Exponential

We are sharing two policy proposals to prepare for AI progress: Our Advanced AI Framework and our Economic Policy Framework.

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Business news • Jun 10

Claude Fable is too scared to teach you about the powerhouse of the cell

Anthropic just released Claude Fable 5, calling it the most powerful AI model it has ever made widely available and praising its skills in biology,...

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Business news • Jun 10

SpaceX IPO Whips Musk Fans Into Frenzy: ‘The More, the Better’

Anna Watts, a 33-year-old public relations manager in New York, has stashed away $6500 to buy SpaceX stock after it hits the market Friday.

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Business news • Jun 10

Analysts expected oil to surge above $200 but China has quietly kept prices half of that—and can’t for much longer

In the early days of the Iran war, analysts held the grim prediction that crude oil prices would top $200 a barrel, nearly triple pre-war prices.

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Business news • Jun 10

Trump says 'I love the inflation' after data shows fastest price hikes since 2023

Inflation jumped for a third consecutive month as the Iran war continued to drive up prices in May, surpassing 4% for the first time in three years.

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Business news • Jun 10

Exclusive | Jeanine Pirro’s Prosecutors Probe Big Banks for Alleged ‘Debanking’

The U.S. Attorney's Office in D.C. subpoenaed JPMorgan, Bank of America and others as part of a probe into alleged debanking.

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Business news • Jun 10

Microsoft, like, totally gets why students are booing AI-pilled graduation speakers

New college graduates around the country have been booing and heckling commencement speakers who hype up AI. Microsoft would like everyone to talk it out.

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Business news • Jun 10

Here's How Much a $10,000 Investment Could Get You When SpaceX Goes Public on June 12

SpaceX is scheduled to go public on Friday, June 12, at a fixed price of $135 per share.

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Business news • Jun 10

‘AI-pilled’ firms spend $7,500 per employee each month on AI

The most AI-obsessed firms are spending roughly $7500 monthly per employee on AI, per Ramp AI Index. That's not more than an engineer's salary — yet.

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Business news • Jun 10

Stocks making the biggest moves midday: Super Micro, Cracker Barrel, Robinhood Markets, truckers & more

These are some of the stocks posting the largest moves midday.

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Business news • Jun 10

Chase unveils massive Sapphire Preferred overhaul: Enhanced rewards, new perks and a crushing transfer partner change

The Chase Sapphire Preferred is getting a big update. Here's what you need to know about the good and the bad changes happening soon.

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Business news • Jun 10

Honda recalls more than 880,000 vehicles for suspension issue that could cause crashes

Honda is recalling 880,514 vehicles because the rear suspension components could fail, putting passengers at risk of injury or a crash, federal regulators...

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Business news • Jun 10

Trump says 'I love the inflation' after consumer price index hits 3-year high

President Trump suggested that inflation would drop when the U.S. war against Iran ends, and said, "We've been taking out millions of barrels of oil."

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Business news • Jun 10

$169M Fishers District expansion includes JD Finish Line HQ, new fieldhouse, apartments, townhomes

JD Finish Line, home to the JD Sports and Finish Line brands, plans to relocate from Indianapolis to Fishers, where it will establish a 350000-square-foot...

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Business news • Jun 10

Sunscreens in the U.S. Might Finally Be Getting Better

If you've ever smuggled a handful of sunscreen into your luggage from Europe or Asia (raises hand), there's good news for you: Sunscreens here in the U.S....

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Business news • Jun 10

Exclusive: OpenAI Preps New AI Model, Expects To Go Public ‘Within the Next Year’

OpenAI CEO Sam Altman told staff in a Slack message on Monday that he expects OpenAI to go public “within the next year” and that “many things could cause...

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Business news • Jun 10

Wall Street drifts after tech stocks keep swinging

The U.S. stock market is drifting in mixed trading as technology stocks keep swinging. The S&P 500 was virtually flat Wednesday after recovering from an...

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Business news • Jun 10

SpaceX Is Worth More than S&P 500 Aerospace Index. What That Means.

You could buy all the aerospace companies in the S&P 500 and still have $300 billion left over for what investors are going to shell out for SpaceX.

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