SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn’t convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
CNBC Daily Open: Markets rally on hopes of Iran-U.S. Strait of Hormuz deal
U.S. Treasury Secretary Scott Bessent told CNBC that Iran and the U.S. could reach a deal to open the Strait of Hormuz by Wednesday.
The Stoxx 600 just hit a record high – here’s what’s driving the pan-European index
Europe’s headline index is up 10% in 2026 so far, but below the surface, the sectoral picture is far more nuanced.
Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy
Severe drought is disrupting energy and freight across Europe as low Rhine and Danube levels raise risks for supply chains and economic growth.
CNBC UK Exchange: Diageo’s turnaround test
The world’s biggest spirits company has since seen its share price more than halve as its fortunes have waned.
The stocks Goldman gives more than 100% upside — with one as high as 168%
Goldman Sachs gave two companies an upside of more than 100% in its latest ‘European Conviction’ stock picks list.
FAA says it is investigating Trump helicopter safety incident in Washington
FAA is investigating an air-traffic safety incident involving Marine One, the helicopter carrying President Trump.
India’s central bank keeps benchmark rates steady, cites ‘moderate’ core inflation
The Reserve Bank of India has kept interest rates unchanged amid creeping inflation.
GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.
GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. markets.
