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Donald Trump and Jim Cramer both defended SpaceX on Monday, after reports that Elon Musk’s company is in talks to buy Boost Mobile, a US phone carrier with about 7 million customers. The support lands with SpaceX stock near $137 on Monday, barely...

The lender with $9 billion riding on Anthropic just changed its story. Blackstone now expects the company behind Claude to get a junk credit rating after its record IPO, the Financial Times reported Thursday. Earlier, Blackstone told investors the...

Foreigners own more than $20 trillion of US shares. Deutsche Bank warned Friday that an AI-led selloff could cut both those stocks and the dollar. That would break a decade-old pattern. The dollar usually rises when stocks fall, making it a safe...

Intel shares dropped nearly 30% to $65.15 on Friday morning, erasing more than $100 billion of the chipmaker’s market value, after it forecast fourth-quarter revenue roughly $1.57 billion below what Wall Street expected. Hours earlier, Intel had...

The US and Israel have drafted plans for Iran strikes after the Nov. 3 midterms, The New York Times reports. Energy sites appear on the reported target list, with Brent crude already near $109 a barrel, Investing.com data show. US President Donald...

Elon Musk says future currency will be measured in wattage and tonnage, not dollars. Analyst Charles Edwards says Bitcoin (BTC) already works that way, and it trades about 36% below its energy-based value. Musk never mentioned Bitcoin in the...

Netflix is laying off about 1,000 employees, roughly 6% of its staff, six days before it reports quarterly earnings. Its shares have lost about 41% of their value over the past year. The last time Netflix cut jobs on this scale, in 2022, the stock...

US consumer prices rose 3.7% in the year to September, above the 3.6% forecast, and Bitcoin and gold fell within minutes. The hotter reading raises the odds of another Federal Reserve rate hike, which would lift borrowing costs. Core inflation,...

Wall Street’s next selloff could start in the bond market. Veteran strategist Harley Bassman warns that if 20-year US Treasury yields hit 6%, trading rules could unleash pressure equivalent to $110 billion in bond sales. Stocks and Bitcoin could...

Goldman Sachs just told its clients to buy more stocks. Tomorrow morning, Goldman and three rival banks worth $1.6 trillion open their books, and that bet faces its first test. The banks report before Tuesday’s opening bell. Goldman is one of them....