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The Latest Breaking News from CNBC

The $700 Billion Jump: How Donald Trump's Election Propelled Elon Musk to Trillionaire Status

Elon Musk's net worth surpassed 11 trillion after SpaceX's Nasdaq debut, sparking political debate on wealth inequality led by Bernie Sanders and other politicians.

International Business Times UK

UAE Says No Deal To Unlock Billions To Iran Amid Talks To End War

The UAE's denial came after a slew of reports alleging the government has agreed to release up to $20 billion in frozen assets to Iran, CNBC reported.

International Business Times

Labor Shortages Are a Problem That Is Coming For Society And AI Can Help, Honeywell CEO Claims

Honeywell CEO Vimal Kapur said customers are increasingly using AI-powered automation to address workforce shortages and improve operations across critical industries.

International Business Times

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On the day of a historic IPO, SpaceX’s president is already hinting at a Tesla merger: ‘That might make Elon Musk’s life a little easier’

A combined SpaceX-Tesla could be worth more than $3 trillion.

Fortune

Leaving Las Vegas: How to Beat the House as the Stock Market Turns Into a Casino

Here’s a 30,000-foot view on practical ways to protect your investing capital and gain a real edge over the house in a stock market designed to keep you glued to the slots instead of growing your wealth.

Barchart

Iran Threatens Attack on Elon Musk's Firms, Including Starlink and SpaceX, Flagging Them As 'Military Targets'

Iran has threatened Elon Musk's companies, including SpaceX and Starlink, amid escalating tensions with the US, accusing them of aiding US military operations in the Middle East.

International Business Times UK

Iran Labels Elon Musk’s Space Assets as Targets with SpaceX IPO Underway

Iran's threats against Starlink and SpaceX assets arrive just as the rocket company prepares for the biggest IPO in Wall Street history.

Barchart

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Cost of surviving in U.S. is reportedly spiraling, but Donald Trump has his reasons for ‘loving’ the inflation

Republicans have been accused of actively making the inflation worse.

We Got This Covered

'I think these people are just wrong': Amazon founder Jeff Bezos says he believes AI will bring in “multiple golden ages”, and actually create new jobs to replace those lost to the tech

Jeff Bezos again slams those who think AI will be the end of us all.

TechRadar

Market Sees $1.75 Trillion SpaceX IPO as 'Referendum' on Elon Musk's Leadership: Report

Analysts and executives are reportedly describing the SpaceX IPO as a "referendum" on Elon Musk, with capital markets evaluating both the company's potential and the degree of faith placed in the entrepreneur driving it.

International Business Times

U.S. Becomes India's Top LNG, LPG Supplier As Gulf Shipments Fall Amid Iran War

The United States supplied more LNG and LPG to India than Gulf exporters in May as shipping disruptions resulting from wars continue disrupting energy trade flows.

International Business Times

After Cutting 8,000 Jobs, Meta Builds First AI Data Centre In India With Ambani's Reliance

Meta's partnership with Reliance Industries is transforming India's AI scene with a 168 MW data centre in Jamnagar. Discover Meta's $145B AI investment and its global impact.

International Business Times UK

World Cup Travel Costs Soar As Fans Spend Thousands On Flights, Hotels And Match-Day Travel

The expanded 2026 FIFA World Cup across the United States, Canada and Mexico is creating complex and costly travel plans for many supporters.

International Business Times

New Survey Reveals Most Workers Expect AI to Eliminate Jobs, Not Create Them

As AI adoption grows, employees express concerns over job security and potential layoffs, fearing companies may use AI to cut costs by reducing workforce numbers.

International Business Times UK

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International Business Times

Gold's Slide May Not Be Over as Traders Bet on Two More Years of Weakness

The stunning reversal of gold from record highs is accelerating, and options traders are increasingly wagering that the selloff may continue for years rather than months.

International Business Times UK

Trump's 'Secret Mission' Claim of 200 Ships and 100 Million Barrels Faces Awkward Maths From His Own Officials

Trump says a secret US mission moved 100 million barrels and 200 ships through Hormuz. Officials count about 70 vessels, and the gap could shape pump prices.

International Business Times

Trump Family Reportedly Earned Hundreds Of Millions From Crypto Deal As Partner Firm's Stock Tumbles

Questions are being raised about a $1.5 billion crypto transaction that generated significant proceeds for World Liberty Financial while investors in a partner company absorbed steep losses.

International Business Times

Tech Stocks Are Losing The Traits That Powered The Market Rally, Analyst Warns

Growing capital demands across the AI sector are prompting some of the industry's biggest companies to seek new funding as investors weigh an expanding pipeline of stock offerings.

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news in one place.

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International Business Times

Palantir CEO Says Businesses Are 'Unhappy' With Frontier AI Labs

Palantir CEO Alex Karp says a growing number of businesses are becoming increasingly dissatisfied with the world's leading artificial intelligence developers.

International Business Times

Chinese Hackers Are Intensifying AI-Focused Attacks On US Tech Firms, Report Warns

Technology companies in the United States faced an increasing wave of cyber espionage attempts linked to China over the past year, according to a new report.

Fortune

OpenAI and Nvidia CEOs didn’t flinch at Trump’s $100,000 H-1B visa fee, and now they’re paying up as their application numbers soar

While frontier AI companies boost their number of foreign workers, other tech giants with much larger workforces are cutting back.

International Business Times

Tech Rally Still Has Momentum Despite Chip Stock Pullback, Analysts Say

Recent turbulence in semiconductor stocks has done little to shake confidence in the broader technology trade that has driven markets higher over the past two years.

International Business Times

Bitcoin Sell-Off Drives Heavy Options Trading In Coinbase, Strategy As Crypto Stocks Stay Under Pressure

Crypto-linked equities remained active despite bitcoin's steep decline, with large options trades highlighting sharply different positions in two of the sector's biggest stocks.

The Independent UK

Trump family ‘made $500 million from crypto coin deal’ — before the bottom fell out on individual investors

AI Financial Corp. , formerly Alt5 Sigma, says it may go under following transactions with Trump-tied World Liberty Financial

International Business Times

Perplexity Sticks To 2028 IPO Timeline As OpenAI, Anthropic Take Steps To Public Markets

Perplexity plans to go public in 2028 and is not altering that timeline based on the market reception of upcoming listings from rival artificial intelligence companies.

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