Author: franperez66q@protonmail.com
By David Shepardson June 23 (Reuters) – The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to fund the replacement of Chinese telecom equipment. The FCC said up to $3.3 billion of the auction’s proceeds will be used to cover funds borrowed to support the FCC’s “Rip and Replace” program to purge Huawei, ZTE or other Chinese gear from their wireless networks and other programs. The agency previously estimated removing the Chinese equipment would cost $4.98 billion, but Congress only approved $1.9 billion before deciding to…
SpaceX employees go to work at the SpaceX facility in Hawthorne on the day of their company’s IPO, in Hawthorne, California, June 12, 2026. Mike Blake | ReutersLess than two weeks after its record IPO, SpaceX has raised $25 billion in a debt sale, CNBC has confirmed. SpaceX on Monday announced a senior unsecured notes offering, with sources telling CNBC that the company was looking to raise $20 billion. As of Tuesday, SpaceX had received nearly $90 billion worth of orders and upsized the sale by $5 billion, according to people familiar with the fundraising who asked not to be named because the…
Senate Majority Leader John Thune, R-S.D., arrives at the Capitol in Washington, Tuesday, June 23, 2026, as he prepares for a meeting with President Donald Trump.J. Scott Applewhite | APSenate Majority Leader John Thune, R-S.D., said Tuesday that he expects Congress would likely vote on any broader Iran deal that emerges from the Trump administration’s 60-day negotiating window, though he said he does not yet know what form that vote would take.”If there is some deal that is struck, I would expect at some point Congress would have some sort of vote on it,” Thune told reporters. “Whether that’s a…
SpaceX displayed outside the Nasdaq as the company launches their IPO on June 12th, 2026. Adam Jeffery | CNBCSpaceX’s sharp pullback from its post-IPO record high is doing little to embolden short sellers reluctant to bet against CEO Elon Musk, even as the shares have shed more than a quarter of their value in just over a week.The rocket company is down about 12% this week and roughly 28% from its June 16 peak, erasing hundreds of billions of dollars in market value after a blistering rally that followed the June 12 initial public offering.Yet bearish bets remain in check.…
Brian Rolapp, CEO of the PGA TOUR, speaks, during an announcement of a new competitive model to the PGA TOUR, prior to Travelers Championship at TPC River Highlands on June 23, 2026 in Cromwell, Connecticut.Ben Jared | PGA Tour | Getty ImagesGolf fans are finally getting details on a new chapter for the PGA Tour that’s designed to elevate competition and raise payouts for winners. PGA Tour CEO Brian Rolapp unveiled the new competitive model for professional golf’s premier circuit ahead of the Travelers Championship taking place this week outside of Hartford, Connecticut. Rolapp has prioritized modernizing the Tour since…
By Abigail Summerville, Twesha Dikshit and Joel Jose June 23 (Reuters) – The Nasdaq and the fell to over one-week lows on Tuesday, dragged down by sharp losses in semiconductor stocks as investors scrutinized growing debt-funded AI spending and braced for a more hawkish U.S. Federal Reserve. The tumbled 7.6%, while the S&P 500 tech sector index shed 3.2%. fell 3.3%, lost 1%, while chipmakers , and fell between 5.8% and 9.4%. “Some of the news lately about AI raises questions about all the spending that’s being done and the capex and ramping of the capacity for semiconductors,” said Thomas…
After a slower start than its major rivals, Toyota has been making up for it with a flurry of new electric vehicles for the North American market. Its first attempt, the bZ4x, was an also-ran, but a new battery pack, more efficient motors, and a NACS charging port transformed the face-lifted bZ into an EV I happily recommend. Then, earlier this year, it followed up with some bZ-related variants. For those who miss the vibe of a station wagon, there is the bZ Woodland, and an all-electric Highlander is nearing the showroom, too. But today’s focus is the C-HR, and…
Charlotte Hennessy, whose father James was among the 97 people unlawfully killed in the disaster, told the BBC she welcomed Andy Burnham’s return to Westminster as MP for Makerfield.However, she added she did not believe there was any need to wait for him to secure his position as Sir Keir’s successor before the legislation was implemented.”It was written in 2017, it’s been amended along the way. There’s no reason [Sir Keir] can’t endorse that original bill,” she said.Burnham has a long history of supporting the Hillsborough campaign, and as culture secretary in 2010 he pressured the then Labour government to…
Meta CEO Mark Zuckerberg exits Los Angeles Superior Court in Los Angeles, California, Feb. 18, 2026.Kyle Grillot | Bloomberg | Getty ImagesMeta Platforms CEO Mark Zuckerberg has directed staff to create a prediction markets platform, a source familiar with the company’s plans confirmed to CNBC.The New York Times was first to report the development on Tuesday. The source also confirmed to CNBC that the prediction markets app would not not use actual money to trade on the platform, a contrast to other prediction markets where traders use cash to speculate on future events. The Times report said Meta’s app would instead…
Gold prices held steady on Thursday, while a firmer dollar and fading hopes for near-term interest rate cuts due to higher oil prices continued to weigh.Hans-peter Merten | The Image Bank | Getty ImagesGold and silver tumbled on Tuesday, as a global sell-off in tech stocks stoked by fears of higher interest rates spilled over into metals. Gold futures fell 1.3% to settle at $4,149.40 an ounce, while silver futures tumbled over 5% to end the day at $62.07 an ounce.Since the outbreak of the U.S.-Iran war on Feb. 28, gold’s reputation as a safe-haven asset in times of turmoil has…