SpaceX is worth less than half of its $1.75 trillion IPO target, Morningstar says

A fleet of Tesla Cybertrucks sits outside the Starbase Build Site at SpaceX’s South Texas testing…

Alphabet's $80 billion stock sale leaves Wall Street in 'unprecedented territory,' says Goldman's Gutman

Alphabet‘s plan to sell $80 billion in shares to fund its artificial intelligence commitments leaves markets…

Marvell stock soars 32% as Nvidias Huang says it could be the next trillion-dollar company

Nvidia’s CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up…

The Dows win streak, Macys earnings, Trump signs AI order and more in Morning Squawk

1. Another one Hewlett Packard Enterprise rings the Opening Bell at the New York Stock Exchange…

Frances Macron invites Sam Altman to attend G7, OpenAI tells CNBC

OpenAI chief Sam Altman will be attending the G7 conference in France later this month, CNBC…

Perplexity CEO tells CNBC one metric will determine who wins the AI race

The companies that can provide the most economic value from the power their AI uses will…

Teslas China-made EV sales jump nearly 40% in May as domestic market rebounds

Pedestrians walking past a Tesla store in Shanghai, China, on March 14, 2024. CostFoto | Nurphoto…

Microsoft unveils new AI models to lessen reliance on OpenAI and lower costs for developers

CEO Satya Nadella speaks during Microsoft Build 2026. Courtesy: Microsoft Microsoft has been a major player…

Big Tech's AI ambitions pose a major power test for Europe

Cooling towers at the Dampierre-en-Burly nuclear power plant, operated by Electricite de France SA (EDF), in…

Investors bet humanoid robots will transform industry and homes over the next decade

Unitree Robotics humanoids dance on May 31, 2026, in Shanghai, for the opening of Asia’s first…