Tech stocks tumble for a second day. Here's what's behind the selloff.
Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
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Nvidia, Alphabet and other technology stocks fell as Wall Street shifted from rewarding AI spending to demanding evidence that it will produce outsized returns.
SpaceX's stock closed the day at $160.95 after making its debut on the Nasdaq exchange.
The SpaceX CEO's fortune on paper now rivals the annual economic output of many countries, according to World Bank data.
SpaceX says it plans to raise up to $75 billion when it goes public this month in what could be the largest stock market debut ever, and it would put Elon Musk on course to becoming the first trillionaire.
Perfecting SpaceX's mammoth rocket will be critical to NASA's plans for returning astronauts to the surface of the moon.
The new rocket features a host of upgrades intended to improve safety and performance of the world's most powerful rocket.
The Texas-based company could go public with a valuation of more than $1.75 trillion, making it the largest IPO in history.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
Four space station Crew 11 fliers splashed down off the Southern California coast at 3:41 a.m. ET, closing out a 167-day stay in space cut short by a medical issue.
The Sentinel-6B is the second of two satellites in a $1 billion program to monitor sea levels over a full decade.
Oracle co-founder Larry Ellison took the title of world's richest person from Elon Musk after stock in the software giant shot up on Wednesday.
SpaceX hopes to pick up the pace with Super Heavy-Starship test flights amid concern the rocket may not be ready in time for a planned 2027 moon landing.
A SpaceX Starship exploded at a launch site in Texas Wednesday night, bursting into a massive fireball.
A SpaceX Starship upper stage exploded during ramp-up to an expected engine test firing at the company's Starbase facility on the Texas Gulf Coast. It's an apparent major setback for the program.
When asked if his relationship with Elon Musk was over, President Trump said, "I would assume so, yeah."
As the Department of Government Efficiency leader steps away from the White House, Elon Musk talks with "Sunday Morning" about why he believes Trump's proposed budget clashes with his team's efforts to slash the functions of government.
After back-to-back Starship upper stage failures, SpaceX on Tuesday again launched the world's most powerful rocket, but faced new problems.
The home of Elon Musk's SpaceX rocket company is on its way to becoming an official Texas city with a galactic name: Starbase.
Jared Isaacman, President Trump's nominee to lead NASA, tells lawmakers the space agency can return astronauts to the moon while pursuing flights to Mars.
The international all-civilian Fram2 crew is the first in space history to fly to orbit with no licensed pilot or trained astronaut on board.
NASA astronauts Butch Wilmore and Sunita Williams, who were stuck in space for more than nine months, took questions after returning to Earth.
Starliner astronauts Butch Wilmore and Suni Williams joined Crew 9 commander Nick Hague and cosmonaut Alexander Gorbunov for their long-awaited return to Earth.
With a replacement crew on board the space station, NASA is eyeing Tuesday for the Starliner astronauts' return to Earth, finally ending their marathon mission.
A SpaceX capsule carrying a fresh crew to the space station launched Friday, setting the stage for the Starliner astronauts to finally come home.
Volunteers gathered at the Global Empowerment Mission (GEM) warehouse in Doral on Saturday to pack supplies for relief efforts in Venezuela.
Colombia finished the World Cup's opening round as the Group K winner after playing Portugal to a scoreless draw.
Anthony Cohen has spent his life bringing attention to the Underground Railroad, secret routes once used by enslaved people seeking freedom.
Carín León sees the World Cup as something that pulls different cultures together.
President Trump on Saturday said he has nominated Lance Schroyer to be the next director of U.S. Immigration and Customs Enforcement.
Volunteers gathered at the Global Empowerment Mission (GEM) warehouse in Doral on Saturday to pack supplies for relief efforts in Venezuela.
Colombia finished the World Cup's opening round as the Group K winner after playing Portugal to a scoreless draw.
CBS Miami, Neighbors 4 Neighbors and Global Empowerment Mission are collecting donations to help families affected by the devastating earthquakes in Venezuela.
Anthony Cohen has spent his life bringing attention to the Underground Railroad, secret routes once used by enslaved people seeking freedom.
Carín León sees the World Cup as something that pulls different cultures together.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
The U.S. military says it hit Iranian targets over Iran's drone attack on a commercial vessel in the Strait of Hormuz, marking the first American strikes on Iran since the two countries formally agreed to extend a ceasefire last week.
A judge on Thursday ordered the Justice Department to either release unredacted versions of several files on the late sex offender Jeffrey Epstein or explain why it can't do so.
The president and his conservative allies have stymied other legislation as they unsuccessfully try to pass a voting regulations bill that lacks even simple majority support in the Senate.
The Supreme Court on Thursday said the Trump administration can move forward with its efforts to strip more than 356,000 Syrian and Haitian immigrants of temporary protections.
The Trump administration on Wednesday sent Congress a long-awaited supplemental funding package to help cover the cost of the Iran war.
More than two decades after voters were promised a new facility to treat people with mental illnesses, rather than warehousing them in the county jail, the Miami-Dade County Commission gave final approval on Tuesday to open the Miami Center for Mental Health and Recovery.
There are seven Democrats in the race and whoever wins the primary in August will almost certainly be elected to Congress, since this is the most Democratic district in the state.
Democratic CFO candidate Annette Taddeo says she is running to strengthen oversight of Florida's insurance industry and better protect homeowners.
Miami-Dade Commissioner Oliver Gilbert says his record of delivering results sets him apart in the Democratic primary to replace retiring Rep. Frederica Wilson.
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Carín León sees the World Cup as something that pulls different cultures together.
There appear to be new clues about the location of Taylor Swift and Travis Kelce's wedding.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
Claude Guillemot and a flight instructor were flying in a twin-motor Cessna 421 on Friday evening. An investigation into the crash is underway.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."