Indian PM Modi projected to win third term in office

Indian PM Modi projected to win third term in office

Indian prime minister Narendra Modi looks set to secure a third term in office with a narrower-than-expected parliamentary majority. We are live in New Delhi as the vote count continues. On Wall Street the Dow falls 100 points on the first trading day of June as U.S. manufacturing numbers indicate the economy is contracting. Gamestop shares rally following renewed social media activity by the investor known as Roaring Kitty. CNBC learns that Paramount and Skydance agree to merger terms after months of negotiations. Shipping giant Maersk hikes its guidance for the second time in just over a month as Red Sea tensions and soaring demand push freight rates higher.

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Episoder(1839)

SpaceX IPO roadshow launches

SpaceX IPO roadshow launches

Bankers tap the extraordinary valuation of SpaceX ahead of its listing next week. Goldman Sachs has reportedly forecast a 100-fold revenue increase by 2030 for the company. However, S&P Dow Jones Indi...

5 Jun 25min

SpaceX targets $1.8tn valuation in record market debut

SpaceX targets $1.8tn valuation in record market debut

SpaceX eyes a valuation of almost $1.8tn at its listing next week. It has marketed more than half a billion shares at $135 which will make it the largest IPO of all time. The U.S. equity markets end a...

4 Jun 28min

SpaceX targets $75bn IPO raise

SpaceX targets $75bn IPO raise

SpaceX is reportedly planning a float share price of $135, eyeing around a $75bn IPO raise. However, Morningstar analysts believe the figure is hugely overpriced while Goldman Sachs CEO David Solomon ...

2 Jun 29min

Anthropic files confidentially for U.S. listing

Anthropic files confidentially for U.S. listing

Anthropic is joining the A.I. IPO race, filing confidentially following last week’s latest funding session revealed the company being valued at close to $1tn. However, Open AI’s Sam Altman tells CNBC ...

2 Jun 26min

Softbank poised to make €75bn France A.I. investment

Softbank poised to make €75bn France A.I. investment

We are live in Paris where Japan’s Softbank has pledged up to €75bn for Europe’s largest A.I. data centre project. Asian chip stocks are in the green as investors eye potential meetings with Nvidia CE...

1 Jun 25min

Oil falls back on renewed peace agreement optimism

Oil falls back on renewed peace agreement optimism

Oil dips after a White House official says the U.S. and Iran are close to a temporary peace agreement. Vice President JD Vance says he feels ‘pretty good’ about how negotiations are progressing. Today...

28 Mai 26min

Crude jumps after Iranian strike on Kuwait

Crude jumps after Iranian strike on Kuwait

Oil prices whipsaw with Brent up almost 3 per cent following an Iranian missile and drone attack on a U.S. air base in Kuwait. The strikes were followed by the U.S. targeting of a ground control stati...

27 Mai 27min

SK Hynix tops $1tn market value

SK Hynix tops $1tn market value

SK Hynix becomes the latest company to be valued at $1tn due to investor enthusiasm for A.I.-linked semi-conductor stocks. Iran accuses the U.S. of breaching the ceasefire with President Trump set to ...

26 Mai 24min

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