CNBC’s Jim Cramer said Tuesday that investors flocking to SpaceX are betting on Elon Musk’s ability to create transformative businesses — not the company’s current earnings power. “The stock is called SpaceX, but it might as well be called Elon Musk,” the “Mad Money” host said. SpaceX has quickly become one of the world’s most…
Stock Chart IconStock chart icon Cava’s year-to-date stock performance. CAVA: “Yes, you want to buy Cava. I think it’s the best of the new concepts. I think there’s something there for everybody. There really is. It’s tasty, clean, fun.” Stock Chart IconStock chart icon Immunitybio’s year-to-date stock performance. Immunitybio: “I will tell you, that’s going…
Sports prediction markets are having a gold-rush moment. Enthusiasm around the World Cup and NBA finals led Kalshi to set a new daily record Saturday for trading volume at $1.2 billion. A wave of companies is trying to stake a claim, hoping to follow suit and strike it rich in what JB Mackenzie, Robinhood’s head…
SpaceX has been fast-tracked to enter several major stock market indexes and that could eventually ground its stock performance in the broader fundamentals of the tech sector. But before SpaceX goes into those indexes in coming weeks, market forces – amplified by derivative securities based on the stock and maneuvers by big-money investors – could…
SpaceX displayed outside the Nasdaq as the company launches their IPO on June 12th, 2026. Adam Jeffery | CNBC SpaceX options are officially listed, and they’re off to the races. Less than 30 minutes into the session, SpaceX options are already the third-most traded among single stocks, behind Tesla and Nvidia, which typically trade millions…
Commodity Futures Trading Commission chair Michael Selig weighed into the perpetual futures debate in a Monday appearance on CNBC’s “Fast Money,” defending his agency’s decision to approve the asset domestically. Selig said that incumbents will always fear the future, but that the commission is looking to onshore products that are being developed internationally to ensure…
Stock market bulls are eating well to kick off a new week of trading. Oil is nosediving Monday on news of a memorandum of understanding to end the U.S.-Iran war and reopen the vital Strait of Hormuz. That’s improving the inflation outlook and sending bond yields lower — just in time for Federal Reserve Chairman…
The SpaceX IPO is behind us. The earnings calendar is mostly quiet. Taking center stage is the state of play between the U.S. and Iran and the first Federal Reserve meeting with Chairman Kevin Warsh in charge. Here’s a closer look at what we’re watching in the holiday-shortened trading week ahead. 1. Iran war: Are…
Trump Accounts have the potential to build long-term financial security for millions of U.S. children; however, some experts say they may not do much to reduce the wealth gap over time. The tax-deferred investing accounts, which will launch on July 4, include a one-time $1,000 deposit from the U.S. Department of the Treasury for kids born between 2025…
People walk by Duke Chapel on the campus of Duke University in Durham, North Carolina, U.S. Jim R. Bounds | Bloomberg | Getty Images The yearly cost of attendance at over a dozen colleges is now six figures, after factoring in tuition, fees, room and board, books, transportation and other expenses. For the 2026-27 academic year, 16 institutions…
