Business

940 articles published

Jim Cramer Says SpaceX Investors Are Buying Elon Musk, Not Earnings

SpaceX shares surged nearly 5% Tuesday, briefly pushing the company's valuation past Microsoft at roughly $2.5 trillion.

Jun 16, 2026

DOJ Moves to Dismiss NAACP Air Pollution Lawsuit Against SpaceX's xAI

The Justice Department filed a motion on June 15 arguing the NAACP suit threatens national security by targeting AI data centers used by the military.

Jun 16, 2026

SpaceX Surpasses Amazon in Market Value and Closes in on Microsoft

The Elon Musk company also announced plans to exercise an option to acquire AI startup Cursor as its valuation climbs.

Jun 16, 2026

De Cecco Buys Tomato Supplier RossoGargano to Control Full Production Chain

The Italian pasta maker paid an undisclosed price for the Foggia-based company as it targets €1 billion in revenue by 2027.

Jun 16, 2026

Brent Crude Falls Below $80 as US-Iran Deal Raises Supply Hopes

Tanker operators say they need proof the Strait of Hormuz is safe before resuming transit, complicating any quick return to normal oil flows.

Jun 16, 2026

Sopranos Actor Joe Pantoliano Speaks Openly About Mental Health and Daily Habits

Pantoliano, speaking at the Tribeca Film Festival, described the practices he uses to manage depression and addiction, including a daily 15-minute walk he says equals a high dose of antidepressants.

Jun 15, 2026

Fox Agrees to Buy Roku in a Deal Valued at 22 Billion Dollars

Roku stock surged to a four-year high after the streaming platform company announced it had agreed to be acquired by Fox.

Jun 15, 2026

CFTC Chair Defends U.S. Approval of Bitcoin Perpetual Futures Contracts

CFTC chair Michael Selig rejected claims of political pressure and pushed back against criticism of leverage risks tied to the new asset class.

Jun 15, 2026

Nvidia Plans to Raise at Least 20 Billion Dollars in First AI-Era Bond Sale

The chipmaker filed with the SEC on Monday disclosing plans for its first debt raise since the AI boom began, with sources saying the final amount could reach $25 billion.

Jun 15, 2026

Fox Corporation Agrees to Buy Streaming Platform Roku for 22 Billion Dollars

The acquisition would give Fox a major foothold in the connected television and streaming device market.

Jun 15, 2026

U.S. and Iran Reach Deal on Hormuz but Shippers Remain Cautious

Oil prices fell to three-month lows after officials agreed to a 60-day ceasefire while final arrangements are still being negotiated.

Jun 15, 2026

Ron Baron Buys Another Billion in SpaceX Shares During Friday IPO

The purchase lifts Baron Capital's total stake in Elon Musk's company to roughly $25 billion.

Jun 15, 2026