Top News - CNBC

1. SpaceX's AI spending unnerves Wall Street despite promises of quick payoff

2. U.S. says Strait of Hormuz is 'free and open' as Bessent signals deal with Iran is close

3. Novo Nordisk stock falls after raised forecast fails to change the debate over its obesity business

4. Europe is blowing up riverbeds as an extreme drought wreaks havoc on its economy

5. GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.

6. SoftBank jumps 10% as Asia tech stocks track Wall Street AI rally

7. India's central bank keeps benchmark rates steady, cites 'moderate' core inflation

8. Europe's heatwave isn't cooling Asian travelers' holiday plans for the continent

9. Why Michigan voters are hearing 'communist' as they vote Tuesday

10. AMD's revenue climbs 50% and data center sales doubled, but the stock is down

11. Michael Burry bets against rally: 'We are near a major top, and possible a 1987-type fall'

12. CNBC's The China Connection newsletter: AI wins come with an old investor risk

13. China's super-rich 'in shock' and hunting for cash as Beijing issues surprise tax on offshore trusts

14. The stock market soars. 5 reasons behind the big surge Tuesday

15. An overlooked player in data center buildout delivers once again

16. Jim Cramer says one hedge fund's collapse cleared the way for tech's rally

17. How the 'Baby iPhone' and an Apple supplier leak explain China's recent supply chain moves

18. Sen. Susan Collins will oppose Blanche, a critical blow for Trump's AG pick

19. Takaichi’s fiscal push could lift growth — and Japan’s already-rising interest bill

20. Paramount Skydance raises full-year profit guidance, remains 'confident' about WBD merger