An employee of Basra Oil Company, works at the Nahr Bin Umar Oil and Gas Field on the outskirts of the southern Iraqi city of Basra on April 29, 2026. Hussein Faleh | Afp | Getty Images Oil prices jumped Thursday after the U.S. launched a fresh round of military strikes against Iran, stoking worries…
SpaceX will debut under the ticker ‘SPCX’ this Friday, and its options will begin trading on Tuesday, June 16th. It’s a quick turnaround that leaves investors a little bit in the lurch. They’ll have little time and a small sample size of activity to judge how the world’s largest IPO will trade day-to-day over the…
Nike is on the clock — its turnaround efforts are taking too long. Our patience is wearing thin. The stock has been a “remarkable loser,” Jim Cramer said Wednesday on CNBC. In a second day of broader market selling, Nike was giving back nearly half its 3.3% gains in the prior session. Shares are down…
Berkshire’s widely held B shares are now running 16.3 percentage points behind the benchmark index year-to-date, the biggest gap so far in 2026. Source link
Josh Brown, one of Wall Street’s most recognizable financial advisers, said the rise of passive investing has created demand for a different kind of product: a concentrated portfolio aimed at capturing the market’s biggest winners. The CEO of Ritholtz Wealth Management and CNBC contributor recently launched Porterhouse, a separately managed account named after the premium…
The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate…
Retail investors are rushing into the space investing trade ahead of the SpaceX IPO, and one ETF has cashed in on the excitement. Tema ETFs’ Space Innovators ETF, which launched on March 30 and trades under the ticker symbol NASA, crossed $1 billion in assets in just 37 trading days, and by the end of…
Stocks soared to record highs again last week, capping off a banner month for the market. Investor optimism about an end to the Iran-U.S. war, a string of positive corporate earnings reports, and strength in technology stocks led to new records for the S & P 500 and Nasdaq Composite , up over 1% and…
Federal Reserve Governor Michelle Bowman on Friday cautioned against raising interest rates to address the current spike in prices. With inflation running well above the central bank’s 2% target, markets are expecting the Fed to stay on hold this year then possibly start raising rates in early 2027. Current pricing is indicating virtually no chance…
Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | Reuters Traders are confident Elon Musk will reach trillionaire status before 2027 after buzz…
