Markets
57 articles
Brent Crude Slips Below $80 for the First Time Since March as the US-Iran Peace Deal Holds
Brent crude briefly touched $79.96 a barrel on June 16, its first dip below $80 since March, after Washington and Tehran reached a provisional deal to extend the ceasefire 60 days and reopen the Strait of Hormuz to all shipping.
SpaceX Vaults Past Amazon by Market Cap on Its Third Day of Trading
SpaceX shares jumped roughly 8% on June 16, pushing its market cap to about $2.84 trillion and past Amazon's $2.66 trillion valuation just days after its IPO, even as the company announced a $60 billion deal for AI coding startup Cursor.
The $2 Trillion Warning: Why Record ETF Euphoria Is Making the Bulls Nervous
ETFs have pulled in more than $770 billion in 2026 and could hit $2 trillion in inflows, but a flood of leveraged and synthetic income funds has at least one prominent bull turning cautious.
The Next Wave of Obesity Drugs: How Pfizer, Amgen and the Challengers Are Targeting Lilly and Novo's $100 Billion Market
Drugmakers from Pfizer to Amgen are racing to break into the obesity market dominated by Novo Nordisk and Eli Lilly, betting that pills, monthly injections and muscle-sparing drugs can claim a share of a market headed toward $100 billion.
Pimco Says the Credit Loss Cycle Has Begun: Why the Bond Giant Is Fleeing to Quality
Pimco warns that a credit loss cycle is now underway, projecting $75 billion to $120 billion in fresh defaults across leveraged loans and private credit by year-end as AI-related debt strains weaker borrowers.
Oil Slides Toward $85 as Draft US-Iran Peace Deal Promises to Reopen the Strait of Hormuz
Crude oil fell nearly 4% Friday after Iranian state media published a draft 14-point peace agreement that would reopen the Strait of Hormuz within 30 days, with WTI sliding to $85.26 and global equities rallying on the de-escalation.
SpaceX Debuts at a $1.75 Trillion Valuation. Wall Street Warns the Upside May Already Be Priced In
SpaceX priced the largest IPO in history at $135 a share and a $1.75 trillion valuation, but analysts including a leading IPO researcher warn that such a supersized starting point leaves little room for the growth-driven returns early investors expect.
Prosecutors Raid Samsung as Insider-Trading Probe Clouds One of 2026's Hottest Stocks
South Korean prosecutors raided Samsung Electronics over alleged insider trading tied to its takeover of Rainbow Robotics, casting a legal shadow over one of the year's best-performing technology stocks.
Super Micro's $7 Billion Bet: Why a $39 Billion AI Backlog Sent Its Stock Tumbling 13%
Super Micro unveiled plans to raise roughly $7 billion to fund a $39 billion backlog of AI server orders. Investors, fixated on dilution, sent the stock down as much as 13% even as the order book signaled booming demand.
Nvidia and SK Deepen AI Memory Alliance as Huang Warns the Chip Shortage Will Last Years
Nvidia and South Korea's SK are set to detail a cooperation plan as Jensen Huang warns the memory shortage could persist for years, with SK hynix supplying HBM4 for the Vera Rubin platform.
The Fear Gauge Wakes Up: Chip Stocks Crater, Nasdaq Sinks 4.2% in Worst Day Since April 2025
A blistering two-month chip rally reversed hard on Friday as the VIX spiked 34%, the Nasdaq fell 4.18%, and the Philadelphia Semiconductor Index logged its worst day since March 2020, erasing more than $1 trillion in value.
SpaceX Prices Historic $75 Billion IPO at $135 a Share, Putting Musk on Track to Become First Trillionaire
SpaceX will offer 555,555,555 shares at $135 each to raise up to $75 billion in the largest IPO in history, valuing the company at $1.77 trillion and pushing Elon Musk's net worth past $1 trillion.