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.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
The delegation of business leaders underscores the deep ties many major U.S. companies maintain with China despite years of trade tensions.
The launching appeared to go off without a hitch, but a problem prevented the rocket's upper stage from putting its payload into the correct orbit.
In a post on X Saturday, Musk offered to pay the salaries of TSA workers during the DHS shutdown.
Conservatives are holding one of their largest annual gatherings as President Donald Trump faces a tough moment and a growing rift over the Iran war.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
Elon Musk said his long-planned payments platform, dubbed XMoney, is set to launch for select users. Here's what to know.
Prominent political and business leaders are named in the documents released by the Justice Department in connection with its investigations into Jeffrey Epstein.
As the European Union announces an investigation, the Grok chatbot tells CBS News, "Yes, tools like me should face meaningful regulation."
The billionaire CEO of Tesla and SpaceX, in his first appearance at Davos, said Tesla could start selling its Optimus robots next year.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Britain's leader says all options on the table if Musk's X platform doesn't stop Grok AI tool being used to generate non-consensual sexualized images.
Grok, the chatbot developed by Elon Musk's company xAI, said it is fixing "lapses in safeguards" after social media users said it was generating sexualized photos of minors.
Time magazine named "the architects of AI" its 2025 Person of the Year on Thursday, calling out tech industry leaders behind the rise in artificial intelligence.
Six months after stepping down from leading the Trump administration's Department of Government Efficiency, billionaire Elon Musk suggested in an interview he likely would not repeat his time helming the cost-cutting mission.
The vote comes after a top shareholder, Norway's sovereign wealth fund, said it would vote against the pay package.
Shareholders to decide this week whether to grant Musk, the world's richest person, one of the richest compensation packages in corporate history.
Elon Musk's partisan stances and foray into politics in recent years have dented the electric vehicle maker's business, Yale researchers say.
Elon Musk's SpaceX settled a lawsuit filed by the maker of the popular party game over accusations that the space technology company damaged land the card company owns in Texas.
Dallas continued reshaping its roster under new coach Dusty May, capping a two‑day overhaul that included a top‑10 pick and a trade for Spanish guard Sergio De Larrea.
State leaders and relatives gathered in Childress to remember the fallen trooper and support his family.
It began with a 911 call to Alvarado police from a woman working the front desk at the ICE facility, reporting, "I don't know what's going on outside."
A pair of earthquakes, the first measuring a magnitude of 7.2 and the second measuring in at 7.5, were reported Wednesday evening in northwest Venezuela, according to the U.S. Geological Survey.
Thousands gather for music, food and cultural celebrations as excitement builds for Thursday's kickoff.
Dallas continued reshaping its roster under new coach Dusty May, capping a two‑day overhaul that included a top‑10 pick and a trade for Spanish guard Sergio De Larrea.
State leaders and relatives gathered in Childress to remember the fallen trooper and support his family.
It began with a 911 call to Alvarado police from a woman working the front desk at the ICE facility, reporting, "I don't know what's going on outside."
A pair of earthquakes, the first measuring a magnitude of 7.2 and the second measuring in at 7.5, were reported Wednesday evening in northwest Venezuela, according to the U.S. Geological Survey.
Thousands gather for music, food and cultural celebrations as excitement builds for Thursday's kickoff.
One year after catastrophic flooding in the Hill Country, Texas has installed new flood warning sirens in some areas, but an I-Team investigation found large parts of the state still lack outdoor warning systems.
Federal officials are warning that one of the world's largest sporting events could bring more than soccer fans.
Donald Mercer was sentenced to 300 days behind bars for soliciting sex from a woman he arrested.
While FIFA is expected to make billions on the tournament, local cities are spending millions to host.
Drivers towed from a Fort Worth CVS may be eligible for refunds after an I-Team investigation found questions over whether the tow company had authorization to operate in the lot.
Most Americans expect data centers to negatively impact the environment, local resources, although some see economic benefits
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
U.S. District Judge P. Casey Pitts in the Northern District of California ruled in a 71-page opinion Tuesday that multiple Trump administration policies were arbitrary and violated the Administrative Procedure Act.
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
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.
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."
The most recent week of data from Dallas County Health and Human Services shows a 50% increase in positive flu cases.
The bank is closing a call center at its Plano campus and laying off 244 workers as part of a consolidation effort.
Mayor Eric Johnson said in an announcement is considering Dallas for a new hub that could bring thousands of jobs to the metroplex.
The city of Plano is on a roll, and Mayor John Muns said the key to the city's successes comes down to customer service.
Despite the costs and rules, fans are excited for the World Cup madness that's finally taking off.
After sharing management of the arena for decades, the Mavericks are now in full control.
At The PIT in Frisco, the supporter clubs for the Swedish team and FC Dallas are playing a friendly match, celebrating a shared love of soccer.
In what is considered one of the most talented classes in recent memory, the Washington Wizards selected BYU small forward AJ Dybantsa with the No. 1 overall pick of the NBA Draft.
The fact that Nico Harrison no longer works for the Mavericks makes some believe the idea is plausible.
Bueckers, who scored 17 of the Wings' final 24, netted her 1,000th career point in overtime to cap her night and put Dallas ahead 109-108.
For more than five decades, the Panini World Cup sticker album has been a cherished World Cup tradition for soccer fans around the world.
Clive Davis helped shape the careers of music stars including Janis Joplin, Bruce Springsteen and Whitney Houston.
James Burrows directed more than 1,000 episodes of television, including every episode of the original "Will & Grace."
Lionel Messi tied the Men's World Cup goals record with his first World Cup hat trick as Argentina topped Algeria.
Rio de Janeiro's Military Fire Department said one of the helicopters crashed in the parking lot of a car dealership, where several electric vehicles were parked, igniting a fire.
Creative minds are coming together in North Texas.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
