Category: CNBC
CNBC: Premier global source for financial news, international business, and economic updates.
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The average SpaceX buyer post-IPO is almost under water after two-day slide
Shares of SpaceX fell as much as 7% Thursday to $178, leaving the stock trading roughly in line with its volume-weighted average price of just under $180.
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NBA to name winning bids for Europe teams in the coming months, deputy commissioner says
The NBA plans to name winning bidders for 12 permanent European teams in the next 60 to 90 days, Deputy Commissioner Mark Tatum told CNBC.
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Wall Street recovers from Fed slump, and the next step for Amazon’s AI chip ambitions
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Trump DNI pick Pulte poised to get access to U.S. intelligence despite congressional bid to thwart
With President Donald Trump halting his nomination of U.S. Attorney Jay Clayton as director of national intelligence, Bill Pulte is set to take on the role.
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Kalshi traders see greater than 50% odds the Fed will hike rates this year
The Federal Reserve suggested higher rates could be in the cards, and traders on Kalshi see growing odds of a hike in 2026.
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These families have been in business for 100 years—they say the American Dream isn’t what it used to be
For the first time in generations, a wide array of U.S. entrepreneurs are struggling to do better than their parents, small-business owners and experts say.
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U.S. Navy ends blockade of Iran’s ports and coastal areas, CENTCOM says
The Navy on Thursday lifted its blockade of Iran’s ports and coastal areas at the direction of President Donald Trump.
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Why this year’s World Cup is happening at the perfect time for struggling Nike
The World Cup might be the boost Nike needs to jumpstart its business.
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SpaceX shares to more than double to above $400, research firm predicts
The stock move could make SpaceX the largest company in the world.
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The AI trade could shift back in Nvidia’s favor. Here’s why
Physical infrastructure is likely to take up a smaller share of capital expenditures in coming years relative to the core component of all that hardware – chips.
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