Markets

A Rolex Cosmograph Daytona Tiffany luxury watch worn on the wrist

Rolex Raises Gold Watch Prices Twice in One Year, and the People Buying Them Did Not Blink

Rolex raised gold-watch prices roughly five percent on June 1, its second hike of 2026 and a rare back-to-back move in a single year. Gold spot has nearly doubled since 2024 to

June 13, 2026

by Economy Desk

A truck transporting cars beneath signage indicating US trade routes

The Largest US Auto Parts Supplier Most Drivers Have Never Heard Of Is Liquidating, and Its Founder Is Charged With Inventing the Receivables

First Brands Group, the bankrupt parent of FRAM, Raybestos, Autolite and Cardone, returned to a Houston courtroom Friday with a second attempt at a liquidation plan. Its founder Patrick James faces federal charges for fabricating $2.3 billion of invoices the

June 13, 2026

by Economy Desk

A container ship anchored in the Strait of Hormuz off Bandar Abbas, Iran

The CFTC May Block CME’s 24/7 Oil Contract, Because Letting Retail Trade Crude Through a Weekend Iran Crisis Is a Different Risk Than It Used to Be

CME Group on Thursday announced 24/7 trading for a new tenth-size WTI oil contract, launching August

Upcoming IPOs In India Investors Should Watch In 2026

Initial Public Offerings (IPOs) usually attract strong attention in the market because they give investors an

Aerial view of construction under way on a large AI data center infrastructure site

Adobe Raised Its Forecast and Beat Every Number. Its CFO Left for a Chip Company Anyway.

Adobe posted record revenue of $6.62 billion, beat earnings estimates and raised its full-year targets. The stock fell 5 percent anyway, because finance chief Dan Durn is leaving for chipmaker Marvell, and

June 12, 2026

Business·Markets·News·Technology

Traders work on the floor of the New York Stock Exchange in New York City

Markets Erase a War in a Day: Stocks Surge and Oil Slides as Trump Calls Off Iran Strikes

The S&P 500 posted its best day since April, Seoul's KOSPI surged 8 percent and Brent fell to a two-month low after Donald Trump called off strikes on Iran and declared a

June 12, 2026

Business·Markets·News

A SpaceX Falcon Heavy rocket lifts off at night from Kennedy Space Center

SpaceX Raises $75 Billion in the Largest IPO Ever, and the $1.77 Trillion Question Trades Today

SpaceX priced 555.6 million shares at $135 each, raising $75 billion in the largest IPO in history and valuing the rocket maker at $1.77 trillion before its first trade. Elon Musk becomes

June 12, 2026

Business·Markets·News

Tencent's twin-tower Seafront Towers headquarters in Shenzhen, China

Tencent Ends Four Years of Bond Silence and Gets Mobbed for $4.66 Billion

Tencent raised $4.66 billion in its first international bond sale in more than four years, drawing over $6 billion in orders as shares jumped 3.3 percent. Global investors mobbed paper from a

June 10, 2026

Business·Markets·News

TSMC's Fab 18 advanced chip plant in Tainan, Taiwan, where the company's most advanced processors are made

TSMC Grew 30 Percent in May. Taiwan’s Market Had One of Its Worst Days Anyway.

TSMC reported May revenue of NT$416.98 billion, up 30.1 percent from a year earlier and re-accelerating from April's scare. Taiwan's benchmark index fell 3.48 percent the same day. The world's most important

June 10, 2026

Business·Markets·News·Technology

BYD electric vehicle store with cars on display in Stuttgart, Germany

BYD’s Founder Promises the World in Five Years, From the Bottom of a 45% Share Slump

Wang Chuanfu told a thousand shareholders in Shenzhen that BYD will be the world's biggest automaker within five years. The room needed the reassurance: the stock has lost 45 percent from its

June 10, 2026

Business·Markets·News

SoftBank's Masayoshi Son and OpenAI's Sam Altman meeting in Tokyo in February 2025, before the stalled margin loan talks

Banks Balk at Pricing OpenAI: SoftBank’s $6 Billion Margin Loan Stalls

SoftBank's attempt to borrow at least $6 billion against its OpenAI stake has stalled, Bloomberg reported, with creditors unsure how to value a private company that has missed some internal sales and

June 10, 2026

Artificial Intelligence·Business·Markets·News

Lenovo's research and development campus in Beijing, as the PC maker's shares fall on memory-driven price hikes

Lenovo Falls Nearly 10% as the Memory Crunch Comes for the Price of the PC

Lenovo shares slid nearly 10 percent in Hong Kong on reports of PC price increases driven by memory costs, the squeeze analysts call chipflation. The AI data centers eating the world's DRAM

June 10, 2026

Business·Markets·News·Technology

Rows of server racks in a data center, the kind of hardware behind Super Micro's 39 billion dollar AI order backlog

Super Micro Needs $7 Billion From Investors to Build the AI Servers It Already Sold

Super Micro announced $7 billion of equity and equity-linked offerings to buy components for roughly $39 billion in AI server orders from more than 20 customers. The stock fell more than 10

June 10, 2026

Business·Markets·News

Wall Street street sign with American flags, as prediction exchange Kalshi rolls out employment verification to fight insider trading

Kalshi Will Ask Traders Where They Work as Insider Betting Tests Prediction Markets

Kalshi will demand employment details from traders in markets it scores as insider-prone, and put whistleblower buttons on every contract, effective immediately. The exchange's own numbers, 100-plus blocked trades in a quarter,

June 10, 2026

Business·Markets·News

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Markets

Rolex Raises Gold Watch Prices Twice in One Year, and the People Buying Them Did Not Blink

The Largest US Auto Parts Supplier Most Drivers Have Never Heard Of Is Liquidating, and Its Founder Is Charged With Inventing the Receivables

The CFTC May Block CME’s 24/7 Oil Contract, Because Letting Retail Trade Crude Through a Weekend Iran Crisis Is a Different Risk Than It Used to Be

Upcoming IPOs In India Investors Should Watch In 2026

Adobe Raised Its Forecast and Beat Every Number. Its CFO Left for a Chip Company Anyway.

Markets Erase a War in a Day: Stocks Surge and Oil Slides as Trump Calls Off Iran Strikes

SpaceX Raises $75 Billion in the Largest IPO Ever, and the $1.77 Trillion Question Trades Today

Tencent Ends Four Years of Bond Silence and Gets Mobbed for $4.66 Billion

TSMC Grew 30 Percent in May. Taiwan’s Market Had One of Its Worst Days Anyway.

BYD’s Founder Promises the World in Five Years, From the Bottom of a 45% Share Slump

Banks Balk at Pricing OpenAI: SoftBank’s $6 Billion Margin Loan Stalls

Lenovo Falls Nearly 10% as the Memory Crunch Comes for the Price of the PC

Super Micro Needs $7 Billion From Investors to Build the AI Servers It Already Sold

Kalshi Will Ask Traders Where They Work as Insider Betting Tests Prediction Markets

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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