Elon Musk was riding high after the SpaceX IPO catapulted him to trillionaire status. But his net worth has dipped considerably in recent weeks, even if he won’t be resorting to digging through the couch cushions for rent money.

But few realized SpaceX's big opening run had ended. The June 16 high was $225.64, and that's been the peak for the stock. So far. SpaceX shares swoon. SpaceX has mostly been slid

A wave of wildly bullish price targets from Wall Street's SpaceX underwriters arrived just before the stock fell—raising questions about how much analysts really know.

The Federal Aviation Administration gave SpaceX the go-ahead for its launch on Monday after closing an investigation into the company’s 12th flight, which following a safe lift-

China urged Britain to protect the rights and interests of Chinese investors after the UK government nationalized British Steel, previously controlled by China’s Jingye Group.

China has hit out at the nationalisation of British Steel, saying it "firmly opposes and is strongly dissatisfied with the British government's decision". On Thursday, the UK government said that taking the loss-making firm into public hands would protect jobs and safeguard a "vital national capability".

China's Foreign Ministry said on Saturday that it would closely ​monitor the United Kingdom's nationalisation ‌of Chinese steelmaker-owned British Steel and will take appropriate measures to safeguard ​legitimate rights and interests if ​warranted.

The UK government’s nationalization of British Steel “severely” undermines Chinese companies’ confidence in investing in the country, Beijing said, as it vowed to take “strong” measures to defend its firms’ interests.

The Trump administration imposed 25% tariffs on Brazil, citing its PIX payment system and other alleged unfair trade practices.

After a Supreme Court defeat on earlier tariffs, Trump is moving to impose 25% duties on some Brazilian goods using a new legal route that could become a templa

As the Trump administration slaps a 25% tariff on Brazil ahead of sweeping global trade penalties affecting over 80 nations, enterprise technology partners must leverage hyper-resilient Azure analytical frameworks to automate cross-border compliance,

The United States is imposing 25% tariffs on imports from Brazil after finding a range of what it deemed unfair trade practices by the world’s 10th-biggest economy

Netflix forecast third-quarter revenue and earnings on Thursday (July 16) that fell short of Wall Street targets and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth.

CNBC's MacKenzie Sigalos reports on news regarding Netflix after at least 17 firms lowered price targets after earnings, with analysts split over whether live programming can revive engagement or the slowdown will prove more persistent.

US equity benchmarks declined on Friday as selloff in chip stocks deepened and a weak forecast from Netflix added to the pressure. At the opening bell, the Dow Jones Industrial Average fell 126.5 points,

The sell-off for winners of the artificial-intelligence boom deepened Friday, yanking stock markets lower worldwide. Oil prices, meanwhile, continued to jump because of the war with Iran. The S&P 500 fell 0.

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

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,

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

More sell-offs for computer chip companies and other winners of the artificial-intelligence technology boom are yanking stock markets lower. Oil prices, meanwhile, continue to climb Friday because of continuing fighting in the war with Iran.

Edward Lawrence reports on a merchant vessel involved in military action near Oman, potentially Iran's reaction to US strikes. Mike Waltz highlights 145 countries united against Iran's international law violations.

Oil prices rose Friday as investors weighed escalating threats between the U.S. and Iran. Tehran vowed to retaliate against regional infrastructure if President Donald Trump follows through on plans to strike the country's key facilities.

The United States carried out a seventh straight night of military strikes on Iran, extending operations beyond the countrys southern coast and deeper into its interior, while Tehran launched retaliatory attacks

August WTI crude oil (CLQ26) on Friday closed up +3.54 (+4.48%), and August RBOB gasoline (RBQ26) closed up +0.1080 (+3.29%). Crude oil and gasoline prices rallied sharply on Friday, with crude posting a 5-week high and gasoline posting a 2-month high.