Tech stocks tumble on concerns over AI spending

US stocks plunge in global tech rout

SpaceX raises $25 billion in debt sale less than two weeks after IPO

Less 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 details are private.

Argentine Economy Grew More Than Expected in First Quarter

Indicators Argentine Economy Grew More Than Expected in First Quarter Economic growth in Argentina proved resilient in the first quarter, surpassing expectations even as unemployment rose and wages trailed inflation. Gross domestic product expanded 0.7% compared to the previous quarter, above analyst forecasts for 0.4% growth. On an annual basis, the economy grew 2.3%, according to government figures published Tuesday.

Why your power bill may rise despite the lower default market offer

Why your power bill may rise despite the lower default market offer Wed 24 Jun 2026 at 5:06am In short: Electricity retailers have issued notices of rate increases to customers, despite the default offer falling in many markets. A comparison service says some retailers appear to be raising their cheapest prices to claw back profit. The Australian Energy Council, which represents power retailers, says far more customers are likely to see decreases, rather than rises, to their bills this year.