Within a month of going public, SpaceX's stock has now slipped below its $150 debut price, and the company's market capitalization has contracted by roughly $1 trillion from its highs. At the post-IPO peak,

SpaceX stock slides toward its $135 IPO price weeks after debut, signaling trouble for OpenAI and Anthropic's upcoming trillion-dollar listings.

Elon Musk's fortune dropped below $900 billion as SpaceX shares fell 4.45% to just under $140, nearing their IPO price. Details here.

That’s the peak of Musk’s net worth, achieved on June 16 as SpaceX shares hit an all-time high, above $225. Since then, the stock has plunged more

Christopher J. Waller, a governor at the Federal Reserve, said he needs to see several months of lower inflation data to feel confident about the outlook.

Federal Reserve governor Christopher Waller said Monday an interest-rate hike should be on the table if this week’s inflation data show price pressures remaining firm, his clearest signal yet that he could back a rate increase this summer.

Fed Governor Christopher Waller says Federal Reserve may need to hike interest rates if underlying inflation from tariffs, oil shock remains elevated.

The Fed governor said inflation has expanded beyond the often-cited drivers such as the energy price spike in tariffs.

Oil prices climbed early Tuesday as fighting intensified in the Middle East, while Asian shares were mixed as markets in Tokyo and Seoul rebounded from early losses. The price of Brent crude climbed more than 2.

Oil prices rose and U.S. stock-index futures slipped on Sunday, after the U.S. and Iran continued their tit-for-tat attacks around the Strait of Hormuz over the weekend.

Oil prices jumped and early trading on Wall Street was mixed Monday after the U.S. carried out airstrikes and Iran retaliated. Futures for the S&P 500 fell 0.3%, futures for the Dow Jones Industrial Average were unchanged and Nasdaq futures tumbled 0.

Oil prices jumped following a weekend of attacks in the Middle East, while slumping AI stocks weighed on stock markets

China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence

China’s customs agency says its exports accelerated in June, jumping 27% from a year earlier, driven by strong demand due to the boom in artificial intelligence. The increase in exports in June

China’s exports surged more than expected in June, defying forecasts of a slowdown and providing a vital boost to an economy still weighed down by weak domestic demand.

China's exports and imports both recorded strong growth in June, official data revealed on Tuesday. Exports rose 27.0% on an annual basis, even more strongly than the 19.4% increase in May, the customs authority said.