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The Latest Breaking News from CNBC

$1.77 trillion! SpaceX is about to become the 7th-most valuable American company

SpaceX will sell its shares for $135 apiece during its IPO, yielding a valuation of $1.77 trillion.

Space

'In best of families...': Netanyahu responds to Trump's 'crazy' remark, acknowledges 'tactical disagreements'

Israeli Prime Minister Netanyahu acknowledged 'tactical disagreements' with US President Trump over regional conflicts but emphasized their shared goals, particularly countering Iran's nuclear ambitions and Hezbollah. Despite recent heated exchanges, Netanyahu hailed Trump as Israel's 'greatest friend,' citing his strong support for the nation. Both leaders aim for regional stability.

The Times of India

Time Loves A Hero

With all of the pompous and, at times, ignorant rants across his social media platforms, Trump has continued to build a very large wedge between people in America.

International Business Times

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Amazon Engineers Slam Company's AI Data Center Spending Amid Ongoing Layoffs

Amazon engineers publicly criticized the company's aggressive investment in artificial intelligence infrastructure, noting that it is taking place at the same time as massive layoffs.

International Business Times

Finnish President Floats Idea Of Canada Joining the EU Amid Tensions With Trump

Finnish President Alexander Stubb suggested that Canada could be a candidate to join the European Union.

International Business Times

‘I don’t care if they’re over, honestly’: Donald Trump says that he doesn’t care about the possible collapse of Iran talks

"We don't need NATO."

We Got This Covered

Musk's Net Worth Poised To Top $1 Trillion On Historic SpaceX Debut

Elon Musk's ownership stake in SpaceX has reached a paper value of more than $866 billion following the company's updated initial public offering filing.

International Business Times

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American Airlines Suspends Six Domestic Routes As Jet Fuel Prices Remain High

American Airlines has suspended six routes as jet fuel prices remain high due to the war in Iran.

International Business Times

Uber slashes 23% of HR and recruitment jobs, says AI isn't the reason - here's why Uber is laying off employees

Uber layoffs 2026 reason explained: Uber is reorganizing its People and Places division, leading to layoffs affecting approximately 23% of its HR and recruitment teams. The company clarified these cuts are not AI-related but aim to create a more modern and efficient organization. These changes represent less than 1% of…

The Economic Times

Ray Dalio Says AI Market Shows Signs Of Being a Bubble: 'Nobody Can Get It Exactly Right'

Billionaire investor Ray Dalio said the artificial intelligence market is showing signs of being a bubble.

International Business Times

Netanyahu downplays row with Trump, says both agree on disarming Hezbollah

Israeli Prime Minister Benjamin Netanyahu downplayed on Wednesday a row with US President Donald Trump, saying they both were aligned on the goal of disarming Hezbollah in order to achieve peace between Israel and Lebanon. "And so if we want to save Lebanon, if we want to get a Lebanese-Israeli…

The Economic Times

OECD Cuts Global Growth Outlook As U.S.-Iran War Weighs On Economy, Energy Markets

The global economy is expected to slow this year as the fallout from the U.S.-Iran war continues to ripple through energy markets, trade routes and investment activity, according to the OECD.

International Business Times

Netanyahu Says He Has 'Tactical Disagreements' With Trump But 'Always Find a Way To Work Them Out'

Israeli Prime Minister Benjamin Netanyahu said he and President Donald Trump have "tactical disagreements" but have "common goals."

International Business Times

Stock Market Flashes Dot-Com Bubble Warning Sign As AI Rally Narrows: Report

The S&P 500 closed at a record on the final trading day of May, but only 20 companies in the index also reached their own all-time highs.

International Business Times

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International Business Times UK

Ivanka Trump Claims She Sacrificed Her $800 Million Business for the White House — The Reality Is Murkier

Ivanka Trump says her fashion brand made $800 million a year. Public filings, expert estimates and her own disclosures suggest otherwise.

International Business Times UK

Bitcoin Dips Below $66,000 Amid AI Rally — Why Some Analysts Eye $50,000 Next

Bitcoin prices fell below $66,000 on Wednesday, with analysts warning of further declines amid shifting sentiment and upcoming IPOs.

The Economic Times

Nvidia CEO Jensen Huang's bold prediction sends Marvell stock (MRVL) rallying 29% today - here's what he said

Marvell (MRVL) stock rally after Nvidia CEO Jensen Huang's prediction: Marvell Technology's stock surged after Nvidia CEO Jensen Huang lauded the company as a potential "next trillion-dollar company." Huang emphasized Marvell's crucial role in AI infrastructure, particularly its networking and connectivity solutions, which are essential for distributed computing in massive…

International Business Times

Euro Zone Inflation Climbs To 3.2% As Iran War Keeps Energy Prices Elevated

Rising oil and gas prices linked to the conflict involving Iran continued to drive inflation across the euro area, while price pressures varied significantly among member states.

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Roll Call

White House ‘reviewing’ college sports bill ahead of Senate hearing

The House and Senate could be headed toward a showdown over competing bills that would usher in major changes to college sports, but President Donald Trump has yet to make clear just what he would sign. The Senate Commerce Committee on Wednesday morning is slated to hear from expert witnesses…

International Business Times UK

Critics Sound Alarm After Donald Trump Contradicts Himself Three Times in One Sentence

Donald Trump's meandering CNBC interview on Iran, NATO and European 'windmills' has triggered fresh questions about his focus and judgment as he seeks a return to the White House.

Latin Times

Trump Says He 'Couldn't Care Less' if Iran Talks Collapse, Calls Negotiations 'Very Boring'

President Donald Trump shrugged off concerns that negotiations with Iran could be ending, saying he "couldn't care less" whether the talks continue and describing the diplomatic process as increasingly tedious.

We Got This Covered

35 judges urged action. Now a Miami judge has reopened Donald Trump’s ‘Weaponization Fund’ IRS suit

The IRS had a list of defenses for the lawsuit that the GOJ reportedly ignored.

AAP

Berkshire Hathaway buys homebuilder Taylor Morrison and then invests $10B in Alphabet under new CEO

Berkshire Hathaway's new CEO Greg Abel started the week by inking a deal to acquire homebuilder Taylor Morrison for $6.8 billion, and he's followed that up on with a $10 billion investment in Google's parent company

The Independent UK

Warren Buffett’s successor reshapes empire with $10 billion AI gamble

Berkshire Hathaway’s new CEO Greg Abel started the week by inking a deal to acquire homebuilder Taylor Morrison for $6.8 billion, and he's followed that up on with a $10 billion investment in Google's parent company

AAP

Berkshire Hathaway buys homebuilder Taylor Morrison in first deal under new CEO

Berkshire Hathaway's new CEO Greg Abel hinted that he may depart from Warren Buffett's longtime hands-off operating model at the conglomerate as he announced a $6.8 billion cash acquisition of homebuilder Taylor Morrison

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