SpaceX IPO hype has traders flocking to this mid-cap stock
SpaceX IPO hype has traders flocking to this mid-cap stock
Summary: Options volume is picking up in Nasdaq-listed Echostar, a $35-billion networking business based in Colorado that owns an estimated 3% of SpaceX stock.
This natural gas stock has lots of upside even after U.S.-Iran war ends, JPMorgan says
This natural gas stock has lots of upside even after U.S.-Iran war ends, JPMorgan says
Summary: The investment bank upgraded the gas name to overweight from neutral.
Jim Cramer warns excess supply could be the next biggest threat to the bull market
Jim Cramer warns excess supply could be the next biggest threat to the bull market
Summary: CNBC's Jim Cramer warned that a growing wave of AI-related capital raises could overwhelm investor demand and create a near-term headwind for stocks.
Micron, Marvell, and Broadcom lead chipmakers' premarket losses
Micron, Marvell, and Broadcom lead chipmakers' premarket losses
Summary: U.S. chipmakers plunged in premarket trading after Broadcom earnings disappointed investors.
Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO
Elon Musk's net worth poised to sail past $1 trillion in SpaceX IPO
Summary: Based on SpaceX's updated IPO prospectus, Elon Musk owns shares in the company worth over $866 billion.
SpaceX targets $135 IPO price at valuation of $1.77 trillion
SpaceX targets $135 IPO price at valuation of $1.77 trillion
Summary: The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
House votes for measure that would end Iran war, in blow to Trump
House votes for measure that would end Iran war, in blow to Trump
Summary: The Republican-led U.S. House of Representatives approved a resolution on Wednesday to block President Donald Trump from continuing the war against Iran, reflecting growing concern among members of his party about the three-month-old conflict.
CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%
CrowdStrike narrowly beats estimates on AI tailwinds, but stock falls 10%
Summary: CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.
As the largest World Cup ever kicks off, health officials are focused on more than Ebola
As the largest World Cup ever kicks off, health officials are focused on more than Ebola
Summary: Officials are more concerned about highly contagious diseases like measles and respiratory viruses, which can spread quickly through large, fast-moving crowds.
Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Amazon engineers in Seattle slam employer for building AI data centers while laying off 30,000 staffers
Summary: Amazon engineers called out their employer for conducting mass layoffs while it commits to spending $200 billion this year on AI infrastructure.
Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports
Eli Manning's private equity firm acquires licensing company for NFL Flag in bet on youth sports
Summary: Eli Manning's Brand Velocity Group announced a deal to acquire youth sports company RCX amid congressional bill to ban private equity from youth sports.
Flesh-eating screwworm is confirmed in the U.S., officials say
Flesh-eating screwworm is confirmed in the U.S., officials say
Summary:
SoftBank shares plunge over 11% amid broader tech sell-off
SoftBank shares plunge over 11% amid broader tech sell-off
Summary: Shares of SoftBank fell 11% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector.
CrowdStrike is a buy, just not yet. Here's why
CrowdStrike is a buy, just not yet. Here's why
Summary: On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
Bitcoin's high-conviction holders are turning into sellers as the crypto's price hits new lows
Summary: In the past two days, bitcoin's highest-conviction holders have sold about $2.4 billion in bitcoin.
Inside India newsletter: Why Taiwan and South Korea's stock markets have surged past India within a week
Inside India newsletter: Why Taiwan and South Korea's stock markets have surged past India within a week
Summary: The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.
Bluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration
Bluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration
Summary: "I think the public square is not the direction we want to go in...we're very inspired by companies like Reddit," Bluesky's Rose Wang told CNBC.
Sellers are pulling homes off the market at the fastest pace since 2020
Sellers are pulling homes off the market at the fastest pace since 2020
Summary: Frustrated sellers are pulling their homes off the market at an increasingly high pace, as demand weakens and bidding wars wane.
Stocks making the biggest moves premarket: Broadcom, Micron, Petco, Coinbase and more
Stocks making the biggest moves premarket: Broadcom, Micron, Petco, Coinbase and more
Summary: These are the stocks posting the largest moves in the premarket.
Eli Manning weighs in on Giants QB Jaxson Dart's Trump rally fallout
Eli Manning weighs in on Giants QB Jaxson Dart's Trump rally fallout
Summary: Eli Manning spoke about political activities from athletes after Giants QB Jaxson Dart introduced President Donald Trump at a rally.
Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax lawyers say
Trump's 'big beautiful bill' has a 'double taxation' trap for top earners, tax lawyers say
Summary: A new guide by Congress' tax policy staff indicates that trust income can be taxed twice.
India's viral 'Cockroach' party has millions of followers. What investors need to know
India's viral 'Cockroach' party has millions of followers. What investors need to know
Summary: A Gen Z-led, social media-first mock political party in India that has amassed millions of followers and is set to hold an in-person protest on Saturday.
Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill
Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill
Summary: GOP leaders reportedly privately concluded that the funding proposal risked derailing the broader immigration bill, both politically and procedurally.
Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
Tire giant Pirelli vows legal action as short seller alleges ‘close relationship’ with Russia
Summary: Pirelli has instructed lawyers to take legal action after short seller Grizzly Research claimed the firm has a "close relationship" with Russia.
Save on your next trip with these hotel booking apps
Save on your next trip with these hotel booking apps
Summary: To score the best deals on hotels and lodging, use these tools to search and save.
As Honeywell Aerospace readies for its stand-alone debut, its CEO is forecasting big growth
As Honeywell Aerospace readies for its stand-alone debut, its CEO is forecasting big growth
Summary: By 2030 Honeywell is targeting annual earnings of at least $6.5 billion and full-year free cash flow of at least $4 billion.
‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
‘Buying stuff like it’s going out of fashion’: Biotech M&A on track for best year since pre-Covid
Summary: Driven by looming patent cliffs, newly buoyant public markets, and Big Pharma's race to beef up their pipelines, dealmaking in 2026 is off to a strong start.
Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.
Hidden beneath AI chips, Chinese-made circuit boards raise national security concerns in U.S.
Summary: With demand booming for printed circuit boards, the U.S. government is trying to boost domestic production to move away from reliance on China.
This medtech stock is trading at a discount to peers. BTIG says it's a buy
This medtech stock is trading at a discount to peers. BTIG says it's a buy
Summary: Medtronic's shares are cheap relative to those of its competitors, making now a good time to add the stock to one's portfolio, per BTIG.
Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Partners Group warns it could cap more fund withdrawals after triggering private equity rout
Summary: Partners Group said it could cap capital withdrawals from more of its funds after a European gating sparked a private equity stock sell-off on Wednesday.