U.S.-Iran Accord on Hormuz Sends Stocks Soaring, Oil Falling
The first sign of the rally came in Asia. SoftBank Group shares surged more than 12% in Tokyo trading Monday after the United States and Iran announced a framework peace…
Salesforce to Acquire AI Customer-Service Firm Fin for $3.6 Billion
Eoghan McCabe built Intercom into one of the most recognizable names in customer-service software, then spent two years remaking it into an artificial-intelligence company. On Monday, Salesforce said it would…
NVIDIA Returns to Bond Market With $20 Billion Sale
The last time NVIDIA sold bonds, most of its revenue still came from video games. On Monday, the chip maker filed with the Securities and Exchange Commission to raise at…
Baron Capital Adds $1 Billion to SpaceX Stake as Shares Extend Rally
Ron Baron has spent the better part of a decade telling anyone who would listen that SpaceX would one day be the most valuable company on the planet. On Monday,…
Amazon CEO’s Washington Meetings Preceded Order to Disable Anthropic Models
The conversations took place in Washington this week, and their consequences reached the artificial-intelligence industry within days. Andy Jassy, Amazon’s chief executive, told senior officials in the Trump administration that…
SpaceX Keeps Rising After the Bell as Funds Rush to File
The second trading day ended, and SpaceX kept moving. In after-hours trading, shares changed hands at $166.76, up 23.5% from the $135 offering price, and the machinery of modern markets…
Musk Points to Tesla’s Next Chip as Robotaxi Questions Mount
The update arrived as a post on X, in the clipped language Mr. Musk uses for engineering status reports. Tesla’s AI6 chip, he said, is moving through engineering review and…
U.K. and Japan Sign $24 Billion Technology Pact
The signing table was set in London, and the two prime ministers put their names to an agreement worth more than £18 billion, or about $24 billion, covering artificial-intelligence research,…
The Launch That Saved SpaceX: From a Week of Cash to a $2 Trillion Listing
In the late summer of 2008, SpaceX had about a week of cash left, and the company’s engineers privately put the odds of the next launch succeeding at roughly 10%.…
Chip Stocks Split a Week After the Broadcom Selloff
The SOXX semiconductor ETF fell 10% in a single day on June 5, and the sector’s biggest names fell harder. AMD dropped 10.9%, Intel 11.3%, and the memory and equipment…
