We’re in one of those markets where it seems like nothing is working. The pain starts early with the evening S & P and Nasdaq futures giving you a double dose of crimson. But the trusty S & P Short Range Oscillator isn’t oversold enough to hold your nose and buy something. So you just…
Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks rose Wednesday as investors got a second favorable inflation report in as many days. Before the opening bell, the June producer price index unexpectedly declined 0.3%, reflecting a…
Samuel Boivin | Nurphoto | Getty Images PayPal jumped in premarket trading Wednesday after Stripe and Advent International reportedly made a joint offer to acquire the payments firm in a $53 billion deal. Payments firm Stripe and private equity company Advent are planning to buy PayPal for $60.50 per share, Reuters reported Wednesday, citing two…
SpaceX‘s record-breaking IPO boosted founder and CEO’s Elon Musk‘s personal stake in the company to more than $1 trillion. But he isn’t the only one seeing huge gains from SpaceX’s blockbuster listing. The IPO also minted thousands of new millionaires — and saw stakes of some shareholders surpass the billion-dollar mark. SpaceX’s debut week on…
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…
Kris Sampson was working from home in Missoula, Montana, when her phone lit up with a call that appeared to come from her adult daughter. Sampson says the caller ID showed her name and photo, and the familiar ringtone sounded. But when she answered, she heard what sounded like her daughter crying. “It was her…
Google, LinkedIn and Wikipedia are among hundreds of websites and apps where Meta plans to capture employee keystrokes and mouse clicks as part of a project to train its artificial intelligence models, according to internal messages viewed by CNBC. A new employee tracking tool, dubbed Model Capability Initiative (MCI), allows Meta to observe and collect…
With his penchant for suits, ties and sweater vests, Federal Reserve chair nominee Kevin Warsh doesn’t share the rumpled look of many of the Silicon Valley entrepreneurs he calls friends. But they still count him as one of their own. “You wouldn’t be hanging out with us if you were as normal as you claim…
My fiancé and I are about to be the winners of our friend group’s March Madness pool. The way things have shaken out, no matter which team triumphs, one of us is certain to win the pool — a victory for our joint wedding fund either way. But as I was calculating our eventual winnings,…
Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency, or OCC, to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase’s…
