SpaceX celebrates their IPO at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC SpaceX‘s stock gained 5% on Tuesday, attempting to snap a seven-day losing streak after setting its maiden earnings report, which coincides with a major share lock-up expiration. Elon Musk‘s aerospace and defense contractor on Monday announced Aug. 4 as its…
Alphabet shares closed 1.51% higher on Monday after The Information reported the company is developing a new server chip, internally dubbed “Frozen v2,” designed to run Gemini models more efficiently. The chip would permanently embed parts of Gemini’s architecture directly into the silicon, reducing the number of calculations and amount of data movement required to…
After a decade-long comeback, chip giant Advanced Micro Devices is preparing to ship its first rack-scale system for artificial intelligence, called Helios, to a growing list of customers that now includes Microsoft. It’s the first rival to Nvidia‘s wildly popular Grace Blackwell and Vera Rubin systems, and is aiming to give the world’s most valuable…
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…
Robert Isom, chief executive officer of American Airlines Group Inc., speaks during a Bloomberg Television interview in New York, US, on Wednesday, Dec. 10, 2025. Christian Monterrosa | Bloomberg | Getty Images FORT WORTH, Texas — American Airlines CEO Robert Isom has a math problem. The carrier is flying about 6,500 flights per day this…
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season. Cooler-than-expected June reports on consumer and producer prices offered encouraging signs that inflation continued to ease, while earnings from the nation’s largest banks reinforced the strength of capital markets. At the same time, investors kept one…
Dario Amodei, co-founder and chief executive officer of Anthropic, at the AI Impact Summit in New Delhi, India, on Thursday, Feb. 19, 2026. Prakash Singh | Bloomberg | Getty Images Anthropic is in very preliminary talks to lease artificial intelligence computing power from Meta, a person familiar with the matter told CNBC’s Kate Rooney. Shares…
Billboards in Times Square celebrate the SpaceX IPO debut at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC Good times for SpaceX are proving short-lived as Elon Musk’s intergalactic IPO is now giving fodder to bears who said the U.S. stock market wasn’t ready for a $2 trillion market-cap injection. Shares of the…
A SpaceX Starship spacecraft rolls out toward its launch pad past the Starbase Manufacturing Facility before its 10th test flight from the company’s complex in Starbase, Texas, U.S., August 23, 2025. Steve Nesius | Reuters SpaceX’s stock fell further on Friday, a day after it aborted a test flight for its Starship rocket at the…
A general view of a SpaceX building and Starship rocket ahead of the SpaceX initial public offering (IPO), in Starbase, Texas, U.S., June 11, 2026. Gabriel V. Cardenas | Reuters SpaceX scrubbed the launch of its Starship mega rocket on Thursday, with CEO Elon Musk pledging to make another attempt “hopefully in a few days.”…
