Financial News

Uniti Group’s fair value estimate has been updated from US$8.50 to US$10.25, giving you a fresh reference point for how analysts are framing the stock today. That revision sits alongside a cluster of higher targets, including one major bank lifting its figure to US$11.75 while still calling the stock Neutral. This helps you see how potential upside is being weighed against execution risks. Read on to see what is driving these changes and how you can track the evolving story around Uniti...

(Bloomberg) -- Australian burrito chain Guzman y Gomez Ltd. said it’s closing its Chicago restaurants and exiting the US after failing to generate adequate sales. The company’s shares soared.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

(Bloomberg) -- Elon Musk’s reshaping of SpaceX, xAI and X into a tightly-bound conglomerate has already yielded a significant financial windfall: nearly $1 billion in annual interest savings.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemStocks and Oil Whipsaw on Mixed US-Iran Si

The details that Elon Musk’s SpaceX outlined about its initial public offering this week showcase the rocket company’s ties across Wall Street, and its own ambitions in the financial sector. SpaceX owns xAI, Musk’s artificial-intelligence start-up, which in turn owns X, formerly known as Twitter. It may expand into other financial offerings, SpaceX wrote in the filing.

Banks discuss $30 billion investment-grade bonds, $12 billion junk bonds and $7.5 billion loans for the acquisition financing.

With gas prices rising by over 50% since the end of February, CNBC covers some top co-branded gas cards, as well as more general options.

Exports tied to the AI boom continued supporting growth while investment, consumption and factory activity slowed sharply in April.

Wells Fargo's cost-cutting efforts and improving efficiency metrics could support its push toward a 17-18% ROTCE target.

JPMorgan launches Chase in Germany with a 4% promo savings rate, aiming to add current accounts, investing and lending by 2028.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight Morgan Stanley.

The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins.

(Bloomberg) -- Junk debt is beating just about everything else in fixed-income markets after surging yields wiped out gains on most other bonds. Yet with high-yield credit spreads near two-decade lows, investor unease is building.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go Mainstr

Watch the opening bell for the New York Stock Exchange, the Nasdaq and Cboe from May 21, 2026.

We've researched hundreds of mortgage lenders. Here's how to pick the best one for your budget and needs.

(Updates with the offering's underwriters in the sixth paragraph) Space Exploration Technologies

Citigroup (C) gets a buy rating as earnings trends and macro tailwinds support upside; key drivers, risks, and valuation vs peers—read now.

CNBC’s Morgan Brennan reports SpaceX filed for a record IPO, revealing strong Starlink growth, rising AI spending tied to xAI and major investments in Starship despite widening losses.

There are a whopping 23 banks named on the cover of the SpaceX prospectus, with Goldman Sachs holding the lead-left spot.

SpaceX’s IPO filing has turned its bitcoin (CRYPTO: $BTC) holdings into a public-market disclosure, revealing...

We recently compiled a list of the 8 Best Small Cap Pharma Stocks to Buy Right Now. Phibro Animal Health Corporation (NASDAQ:PAHC) is among the best small cap stocks to invest in. TheFly reported on May 13 that PAHC had its price objective reduced to $44 from $62 by Citi in a sector research update, with […]

Support for Citi's annual say-on-pay resolution fell steeply, with about 60% of shareholders voting in favor of the bank's 2025 executive-compensation program. The decline is likely related to a one-time equity award to CEO Jane Fraser and concerns about how the bank determines incentive pay.

Goldman Sachs and Morgan Stanley are leading banks on SpaceX's planned IPO, which could surpass Saudi Aramco's 2019 listing.

Sandisk Gets Major Bull Upgrade as AI Demand Fuels Historic Pricing Power

CNBC's Leslie Picker joins 'Closing Bell Overtime' with breaking news on SpaceX's upcoming IPO.

SpaceX filed for an IPO and plans to list on Nasdaq under ticker SPCX, according to its SEC prospectus.

Boeing (BA) just had one of its worst days in months, and one major bank thinks the panic created a bargain. Most of Wall Street zeroed in on a single number: 200. That was the size of the China jet order President Trump unveiled, according to Reuters, and traders had hoped for far more. The stock ...

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Citigroup (C) have what it takes? Let's find out.

OpenAI is working with banks including Goldman Sachs and Morgan Stanley.

Micron Price Target Raised to Street-High $840 on AI Demand Surge