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.
Even fans without strong ties to soccer said they enjoyed the atmosphere and the opportunity to experience different cultures.
The identity of the victims have not yet been released.
The girl, along with her parents, spoke about the traumatic chain of events during a news conference Friday.
Lionel Messi and Argentina beat Cape Verde 3-2 on Friday and advanced to the World Cup Round of 16 .
Kids at America's Got Soccer, a youth program in Oakland Park, said players like Lionel Messi have become heroes to them.
Even fans without strong ties to soccer said they enjoyed the atmosphere and the opportunity to experience different cultures.
The identity of the victims have not yet been released.
The girl, along with her parents, spoke about the traumatic chain of events during a news conference Friday.
CBS Miami, Neighbors 4 Neighbors and Global Empowerment Mission are collecting donations to help families affected by the devastating earthquakes in Venezuela.
Lionel Messi and Argentina beat Cape Verde 3-2 on Friday and advanced to the World Cup Round of 16 .
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.
CBS News previously reported President Trump was weighing pardons of a slate of people convicted of emissions and clean air-related violations.
The gift comes months after Belgium's diamond industry won the removal of U.S. tariffs on diamond imports.
The Fourth of July celebrations in Washington, D.C., are deemed a "national special security event," which is the highest possible designation.
President Trump hasn't committed to a firm number of people who will receive clemency — he's scheduled to have a meeting on pardons Friday afternoon, sources said.
Antitrust regulators suggested that state attorneys general could assist in investigating unlawful conduct by companies.
On Thursday, Governor Ron DeSantis announced the closing of Alligator Alcatraz, the highly controversial immigration detention center that was the subject of numerous lawsuits as well as allegations of abuse.
The 29-year-old attorney is hoping to stand out from the pack by going after young voters.
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.
A new Florida law requires drug prescribers to complete sickle cell training, aiming to improve care and address stigma faced by patients.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
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.
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.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Taylor Swift and Travis Kelce donated to 20 local and national charities ahead of their wedding Friday.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
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.