Early SpaceX investor Ron Baron wasn’t taking profits during its blockbuster stock-market debut. He was buying more. The billionaire investor said Baron Capital purchased an additional $1 billion worth of SpaceX shares Friday during the company’s initial public offering, increasing the firm’s position in Elon Musk‘s rocket and satellite company to roughly $25 billion. The […]
Terry Duffy, CEO of CME Group Inc., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 5, 2025. Adam Gray | Reuters Outgoing CME Group CEO Terrence Duffy said on CNBC’s “Fast Money” on Wednesday afternoon that the exchange operator will sue the Commodity Futures Trading Commission over […]
DoubleLine Capital CEO Jeffrey Gundlach said new Federal Reserve Chairman Kevin Warsh struck a more hawkish tone than many investors expected, underscoring his commitment to restoring price stability and signaling less appetite for easy monetary policy. “He is absolutely telling you that he plans on delivering on price stability. So that means… we’re not going […]
Gywnne Shotwell, President and COO of SpaceX, celebrates the SpaceX IPO with executives at the Nasdaq on June 12th, 2026. Adam Jeffery | CNBC In many ways, SpaceX is a lot like bitcoin: it has no earnings, no yield, is so far extremely volatile, and has about as many haters as it does hardcore believers. […]
Washington and Tehran appear to have a deal. Critically, the framework being discussed would release Iranian funds, allow the Strait of Hormuz to be reopened, enable Iran to sell oil freely, and begin nuclear negotiations. The news is causing oil prices to fall to their lowest levels since April, which is good news for airline […]
Jonathan Raa | Nurphoto | Getty Images Artificial intelligence giant Anthropic shocked observers when it said Friday evening it disabled access to its Fable 5 and Mythos 5 models to comply with an order by the U.S. government. But traders on prediction market platform Kalshi think it’s more likely than not that the Fable model […]
California Gov. Gavin Newsom speaks during the Munich Security Conference Germany, Feb. 13, 2026. Liesa Johannssen | Reuters Chances that a proposed billionaire tax will appear on California’s ballot dropped from 88% to 35.5% over the past week on prediction markets platform Kalshi. The plunge arrives on the heels of reports from Politico and Bloomberg […]
After an historic $2-trillion IPO and a follow-up 20% rally on Monday, SpaceX stock has answered one question very clearly: there’s appetite in the U.S. equity market for another tech giant. For all other questions, refer to the options market. Are bulls in it for a quick pop or buckling down for the long haul? […]
Billboards in Times Square celebrate the SpaceX initial public offering debut at the Nasdaq on June 12, 2026. Adam Jeffery | CNBC Retail investors who clamored for shares in SpaceX‘s blockbuster initial public offering received only a fraction of what many had requested, and are already split on what to do with the stock. Across […]
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 […]