SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors
Gwynne Shotwell, long Elon Musk’s second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company’s highly anticipated IPO.
Luxury stocks spike on proposed U.S.-Iran peace deal; LVMH up 5%
Luxury stocks have been hard hit by the Iran war, as the Middle East had been a fast-growing market for the otherwise largely muted sector.
Why Nokia thinks it can win the 6G race
Nokia helped define the mobile era. Now it’s trying to shape what comes next. As artificial intelligence transforms how networks are built and managed, the Finnish telecom giant is betting on AI-driven infrastructure, 6G and a more software-centric fut…
Jewelry giant Chow Tai Fook’s shares rise 15% as higher gold price boosts profits
Chow Tai Fook surged after posting a record high profit in its latest financial year.
Meta reportedly begins dismantling $2 billion Manus deal on Beijing’s orders
Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing’s unprecedented order to hand back the Chinese-founded AI startup.
UK economy shrank 0.1% in April as Iran conflict weighed on growth
U.K. GDP fell 0.1% in April as services activity declined and companies cited pressure from the Middle East conflict.
ChatGPT hits a billion monthly app users despite souring public AI sentiment
ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts.
CNBC Daily Open: The buyers are back ahead of SpaceX IPO
SpaceX will start trading on the Nasdaq today after raising $75 billion in its record-breaking IPO, as Wall Street’s rally resumes on Iran peace hopes.
BTS-mania poised to boost South Korea’s economy well into the future
BTS-mania, with all the fan spending and travel, is poised to boost South Korea’s economy well into the future
CNBC Daily Open: Markets score big as Iran war nears final whistle and SpaceX takes the field
Investors cannot take their eyes off another story playing out: the possibility that the Iran war might finally come to an end.
