After an explosive debut and equally impressive crash, SpaceX shares are now, well, hovering in midair. After debuting as the most volatile stock among its large-cap peers, Elon Musk‘s astronomic equity hasn’t moved in three weeks, with shares trading in a $10 range around the $140 level. Implied volatility, a rough measure of the costs…
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on August 27, 2026 in Washington, DC. Andrew Harnik | Getty Images News | Getty Images President Donald Trump on Thursday signed an executive order that he said will “immediately” change the name of Lake Ontario to “Lake America.”…
Shares of Salesforce jumped more than 20% Thursday after the company reported a beat on second-quarter earnings and announced an expanded partnership with artificial intelligence startup Anthropic. The stock is on pace for its second-best day ever, trailing only August 2020, when shares jumped roughly 26%. CEO Mark Benioff and Anthropic CEO Dario Amodei joined…
Texas Senate candidate James Talarico (D-TX) speaks at a campaign rally on March 2, 2026 in Houston, Texas. Talarico is visiting various locations around the state in the lead up to tomorrow’s primaries. Danielle Villasana | Getty Images Texas Democratic Senate candidate James Talarico is out with a new plan, first shared with CNBC, to…
Cleveland Federal Reserve President Beth Hammack on Thursday repeated her call for higher interest rates, saying recent inflation data show the central bank is still too far from its goal. A report released Wednesday showed inflation running around 3% on an annualized basis, the central bank policymaker said. Even though the monthly rates of price…
Jonathan Raa | Nurphoto | Getty Images CrowdStrike and Okta shares surged on Thursday after earnings showed that artificial intelligence adoption is pushing customers to spend more on cybersecurity tools. Both companies beat Wall Street’s estimates for the fiscal second quarter and raised their forecasts, citing the AI agent threat. CrowdStrike gained 15% while Okta…
A Best Buy logo sign is seen in Chicago, Illinois, United States, on July 29, 2026. Marcin Golba | Nurphoto | Getty Images Best Buy on Thursday reported better-than-expected fiscal second-quarter results and raised its full-year outlook as the company’s recovery showed more signs of taking hold. The consumer electronics retailer said it saw comparable…
Jeanie Buss during the unveiling of a statue of former Lakers coach Pat Riley in Star Plaza in front of Crypto.com Arena in Los Angeles, Feb. 22, 2026. Keith Birmingham | MediaNews Group | Pasadena Star-News | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a…
The tanker LNG ENTERPRISE unloads liquefied natural gas from the Lake Freeport LNG terminal in the United States at the Revithoussa terminal near Athens, Greece, on May 2, 2026. With the conflict in Iran causing disruptions to global gas supplies, US LNG deliveries to Europe have become significant. Nurphoto | Nurphoto | Getty Images Europe…
Director of the Central Intelligence Agency (CIA) John Ratcliffe speaks to the press during the press conference held by the United States President Donald Trump in the James S. Brady Press Briefing Room at the White House on April 6, 2026, in Washington DC, United States. (Photo by Celal Gunes/Anadolu via Getty Images) Anadolu |…
