Investors in Elon Musk’s space company get a chance to question him Tuesday in his first quarterly earnings call since an initial public offering

Elon Musk’s SpaceX will report earnings for the first time since going public on Tuesday in an early test of whether the firm can overcome Wall Street’s fears about its massive spending on AI. SpaceX,

Massive voting control gives CEO Elon Musk the power to do what he wants with SpaceX, without worrying about a shareholder revolt.

Elon Musk gets plenty of attention. He’ll get even more this week. SpaceX is set to issue its first quarterly earnings report as a public company Tuesday afternoon, calling attention to Silicon Valley’s surging investment in AI and the supply chain supporting the buildout.

Caterpillar raised its revenue growth forecast after beating second-quarter profit estimates on Tuesday, benefiting from a buildout of AI data centers that ​has spurred demand for its power-generation and construction equipment.

Caterpillar notched higher profit in the latest quarter as sales jumped, driven by continued demand for its construction equipment, as well as its engines and generators.

Caterpillar Inc. (NYSE:CAT) shares rose more than 5% in pre-market trading after the industrial equipment manufacturer reported second-quarter 2026 results that comfortably exceeded Wall Street expectations,

The industrial equipment giant has seen a surge in orders for construction equipment amid a nationwide buildout of data centers.

British oil giant BP posted second quarter profit $5.7 billion, more than double the $2.35 billion it made in the April to June period in 2025.

Profits at BP have surged to the highest since 2022 after the war in the Middle East pushed up oil prices. The oil giant reported a profit of $5.73bn (£4.26bn) between April and June. That was more than double the $2.

BP reported second-quarter profit more than doubled to $5.73 billion, beating ‌forecasts thanks to higher energy prices, trading and refining margins, as CEO Meg O'Neill outlined the group's priorities.

Profits at BP have surged to a four-year high after the war in the Middle East pushed up oil prices. The oil giant reported a profit of $5.73bn (£4.26bn) between April and June. That was more than double the $2.

KEY TAKEAWAYS The latest estimate puts the 2027 Social Security cost-of-living adjustment at 3.8%. That would be a 1 percentage point increase from the 2026 COLA and the biggest boost since 2023.Gas prices and inflation trends,

When you're struggling with Social Security checks that aren't going as far as they used to, learning that an above-average cost-of-living adjustment (COLA) could be on the way for 2027 feels like a cause for celebration.

A 3.8% forecast for the 2027 Social Security COLA would raise the average retired worker’s benefit by about $73.62 a month, but the final number is not set.

Forecasts put the 2027 Social Security COLA around 3.6% to 3.8%, but the SSA has not set the final benefit increase.

Higher JGB yields are making domestic government debt more competitive with currency-hedged US Treasurys for Japanese investors.

The 5% bounce on Friday in the Japanese yen was confirmed to be intervention by Japan’s Finance Minister Satsuki Katayama in a statement issued Monday which also pledged further action if necessary. It’s the second anniversary of the mother of all squeezes in the Japanese yen.

The yen is historically weak mainly due to Japan having much lower central bank interest rates than other major economies like the US. That makes the Japanese currency less attrac

Coordinated Japan-U.S. yen intervention buys time, but cannot reverse the structural forces driving depreciation, BMI analysts said.

Oil was steady after its biggest drop in a week, as President Donald Trump said his latest offer of talks is Tehran’s “last chance” and that he expects a full reopening of the Strait of Hormuz.

Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.

Oil prices fell sharply Sunday after President Donald Trump said he would order U.S. forces to hold off on new strikes against Iran

Trump said in a Truth Social post that Iran had asked the U.S. to hold off on attacks. What to know about how negotiations are impacting oil prices.