SpaceX’s valuation has swooned over the past month, and as of late Friday morning was more than $1 trillion lower than its peak, according FactSet. The company’s market capitalization hit a recent peak at almost $2.

Shares of Elon Musk’s space and AI company were largely flat in premarket trading on Thursday morning after closing at just above $135. Last month, Elon Musk’s Space Exploration Technologies Corporation,

Investors who bet against the stock are sitting on $5 billion in paper profits after SpaceX's public offering gave way to a major share price slide.

SpaceX’s enormous rocket is set to return to space on Thursday, potentially lifting the company’s lagging stock price alongside it. “It’s super exciting. I feel really good about this one,” Chad Anderson,

The sell-off for winners of the artificial-intelligence boom deepened Friday and yanked stock markets lower worldwide. Oil prices, meanwhile, continued to jump because of the war with Iran. The S&P 500 fell 1% to finish its first losing week in the last three and only its third since the end of March.

Computer chipmakers and other winners of the artificial-intelligence boom are slumping again Thursday and weighing on stock markets worldwide. They're drowning out strength for most of the rest of Wall Street,

Computer chipmakers and other winners of the AI boom are slumping again and weighing on stock markets worldwide. They’re helping to drown out strength for most of the rest of Wall Street

More sell-offs for chip stocks and other AI winners are yanking markets lower. The S&P 500 fell 1.3% Friday and was on track to close out just its third losing

Oil prices spiked more than four percent today and gas prices are back near four dollars a gallon as traffic through the critical Strait of Hormuz has been dropping while the U.S. and Iran launch new rounds of attacks.

CNBC's Pippa Stevens reports on the latest move on oil prices. Trump will reveal information that will shock Americans in address, Karoline Leavitt says Woman is the only passenger on United flight, not prepared for what happens Son finds 3 bodies in SUV after being called to help with flat tire US companies have finally gotten $71 billion in tariff refunds,

As the ceasefire deal between the U.S. and Iran remains shaky, oil prices are back on the rise as the Strait of Hormuz has been a pinnacle for conflict.

GMT on 17 July, Brent crude futures had risen by $0.70 to $84.30/bbl, while WTI had increased by $0.16 to $79.11/bbl.

HONG KONG — China signaled on Friday that the United States could restore Hong Kong ‘s preferential privileges, saying Washington confirmed it will not renew an executive order that revoked the city’s special trading status.

The United States is set to ⁠restore ⁠Hong Kong's special trading status, revoked ⁠in a 2020 order by U.S. President Donald Trump in response to ​Beijing's imposition of a national security law in the financial hub,

The decision comes two months after President Donald Trump met with Xi Jinping, potentially warming ties ahead of Xi's expected U.S. visit.

The United States is restoring Hong Kong's preferential privileges. The U.S. confirmed Friday that it will not renew an executive order that revoked the city's special trading status. China's

Cooler inflation data might now keep the Fed from increasing interest rates. This comes despite resumed U.S. military strikes against Iran and global Brent prices climbing back above $86 a barrel. They eclipsed $110 earlier in the conflict.

Treasury yields rose as Fed officials reinforced the central bank’s commitment to fight inflation and U.S. indicators mostly surprised on the upside.

Treasury yields rose Thursday as oil prices remained elevated on mounting tensions between the U.S. and Iran. The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — rose 2 basis points to 4.

Treasury yields rise as the number of people filing for jobless insurance in the U.S. falls to 208,000 from an upwardly revised 216,000. Economists surveyed by WSJ expected an increase to 218,000. The July Philadelphia Fed business activity gauge jumps to 41.

The new investment, announced June 16, brings Taiwan Semiconductor Manufacturing Co.'s U.S. investment to $265 billion.

The Trump administration announced Thursday that Taiwan Semiconductor Manufacturing Co. is investing an additional $100 billion in Arizona facilities.

TSMC, the world's main producer of advanced AI chips and a major supplier to Nvidia, pledged on Thursday to invest a further $100 billion in the U.S. state of Arizona and said AI-driven demand will remain strong up to 2030.

The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.