There’s an old trader saying: “Don’t put on a position that won’t let you sleep at night.” Perpetual futures, known as “perps” in short, are literally designed to do the opposite. Blockchain-enabled, 24/7-traded, never-expiring ‘futures’ – a label now legally contested by the Chicago Mercantile Exchange – are growing so fast overseas that they almost…
Michael Selig, chair of the Commodity Futures Trading Commission (CFTC), during a Bloomberg Television interview at the Commodity Futures Trading Commission (CFTC) headquarters in Washington, DC, US, on Thursday, Aug. 20, 2026. Daniel Heuer | Bloomberg | Getty Images The Commodity Futures Trading Commission’s first Innovation Advisory Committee meeting convened on Thursday to discuss the…
Every several weeks, we hear reports of mind-expanding new capabilities from the AI community. With excitement and dread, we try to extrapolate what this will mean for mankind and society: speculating which jobs will disappear, which jobs will appear, and when computers will outreason humans. These topics have become part of our everyday conversation. Less noticed, but…
Andrew Feldman, co-founder and CEO of Cerebras Systems, holds the Wafer Scale Engine 3 chip at the Nasdaq MarketSite in New York on May 14, 2026. Michael Nagle | Bloomberg | Getty Images Cerebras said revenue almost doubled in the AI chipmaker’s first earnings report since its initial public offering last month. The stock fell…
SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026. Spencer Platt | Getty Images News | Getty Images Days after Elon Musk’s SpaceX made its debut on the Nasdaq, much ink…
A video displays Elon Musk, founder of SpaceX, after the company’s initial public offering at the Nasdaq MarketSite in New York on June 12, 2026. Michael Nagle | Bloomberg | Getty Images Shortly before the opening of Nasdaq trading on Friday, Elon Musk stepped in front of a cheerful crowd at SpaceX’s company town in…
CEO Gwen Shotwell and SpaceX executives ring the opening bell at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX shares soared on Friday as trading commenced on the Nasdaq, driving the rocket company’s valuation above $2 trillion. The Elon Musk-led space company’s stock was last trading 23% higher in midday trading to…
Americans have more money invested for retirement in passive S&P 500 Index funds than any other investment. The Vanguard and BlackRock S&P 500 ETFs alone manage nearly $2 trillion in assets, with the Vanguard ETF (VOO) recently passing the $1 trillion mark. But they won’t be managing SpaceX shares any time soon for retail investors…
Senator Elizabeth Warren, a Democrat from Massachusetts, speaks to members of the media in the Senate Subway at the US Capitol in Washington, DC, US, on Tuesday, May 19, 2026. Al Drago | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., is raising concerns about whether recent rule changes at stock indexes cleared the way…
Elon Musk at SpaceX in Brownsville, Texas, May 27, 2025. Marvin Joseph | The Washington Post | Getty Images Friday’s hotly anticipated SpaceX public debut could prove a defining moment for capital markets — and be a “referendum” on Elon Musk’s leadership, according to market watchers. Musk’s eye-watering $1.75 trillion valuation target reflects a price-to-earnings…
