What are the impacts of the Trump administration’s rescheduling of state-licensed medical cannabis to Schedule III from Schedule I? Could federal rescheduling extend to recreational marijuana later this year? If so, how should companies, firms and operators prepare for a world where significant tax relief and growth opportunities emerge? Would Congress face pressure to consider a federal tax on th...
What are the impacts of the Trump administration’s rescheduling of state-licensed medical cannabis to Schedule III from Schedule I? Could federal rescheduling extend to recreational marijuana later this year? If so, how should companies, firms and operators prepare for a world where significant tax relief and growth opportunities emerge? Would Congress face pressure to consider a federal tax on the budding sector if broader cannabis reform is in the cards? Foley Hoag Partner Jeffrey Schultz join
On June 11, Intel (INTC) received a Wall Street revamp that could flip the script on its stock performance, according to a research note shared with me at TheStreet. Investors had been bracing for more skepticism around Intel’s turnaround. The company still faces fierce pressure from Nvidia, ...
On June 11, Intel (INTC) received a Wall Street revamp that could flip the script on its stock performance, according to a research note shared with me at TheStreet. Investors had been bracing for more skepticism around Intel’s turnaround. The company still faces fierce pressure from Nvidia, ...
Joby Aviation (NYSE: JOBY) , a producer of electric vertical takeoff and landing ( eVTOL ) aircraft, went public through a merger with a special purpose acquisition company (SPAC) on Aug. 11, 2021. Its stock opened at $10.62 per share, set a record high of $20.39 on Aug. 4, 2025, but now trades at about $9. It initially impressed investors with its progress toward commercial eVTOL flights, but its...
Joby Aviation (NYSE: JOBY) , a producer of electric vertical takeoff and landing ( eVTOL ) aircraft, went public through a merger with a special purpose acquisition company (SPAC) on Aug. 11, 2021. Its stock opened at $10.62 per share, set a record high of $20.39 on Aug. 4, 2025, but now trades at about $9. It initially impressed investors with its progress toward commercial eVTOL flights, but its luster faded amid delays and regulatory challenges. Elevated interest rates, geopolitical conflicts, and other macro headwinds exacerbated that pressure. With a market cap of $9.2 billion, Joby still looks expensive at 83 times this year's sales. However, I believe one catalyst could drive its stock much higher over the next five years. Image source: Getty Images. Continue reading
Investor enthusiasm about the SpaceX IPO is palpable. Space Exploration Technologies (NASDAQ: SPCX) began trading on Friday (June 12) at $150 a share, 11% above its IPO price. As I write this, it's trading at $166 a share, a 23% premium over the IPO price. A price bump for a popular IPO is nothing new, especially for tech IPOs. An Edward Jones study of 27 technology IPOs found their average first-...
Investor enthusiasm about the SpaceX IPO is palpable. Space Exploration Technologies (NASDAQ: SPCX) began trading on Friday (June 12) at $150 a share, 11% above its IPO price. As I write this, it's trading at $166 a share, a 23% premium over the IPO price. A price bump for a popular IPO is nothing new, especially for tech IPOs. An Edward Jones study of 27 technology IPOs found their average first-day price increase was just above 35%, reflecting initial investor enthusiasm for the new issues. Continue reading
As of June 9, Bitcoin is firmly in a bear market. I’m literally watching the price as I write this. It has slipped below $62,000 and is now sitting around $61,790 per coin. That is a long way from the all-time high of roughly $122,000 reached less than a year ago. Still, some investors have ... How to Hedge IBIT and Earn Income With Options Through a Bitcoin Bear Market
As of June 9, Bitcoin is firmly in a bear market. I’m literally watching the price as I write this. It has slipped below $62,000 and is now sitting around $61,790 per coin. That is a long way from the all-time high of roughly $122,000 reached less than a year ago. Still, some investors have ... How to Hedge IBIT and Earn Income With Options Through a Bitcoin Bear Market
On June 3, Micron Technologies (NASDAQ: MU) hit an all-time high of $1,079. The move capped off months of explosive gains as investors started pivoting away from chipmakers like Nvidia in favor of the memory hardware producers poised to benefit from the changing dynamics of artificial intelligence (AI) infrastructure demand. While graphics processing units (GPUs) are still important, data center c...
On June 3, Micron Technologies (NASDAQ: MU) hit an all-time high of $1,079. The move capped off months of explosive gains as investors started pivoting away from chipmakers like Nvidia in favor of the memory hardware producers poised to benefit from the changing dynamics of artificial intelligence (AI) infrastructure demand. While graphics processing units (GPUs) are still important, data center clients are recognizing they need huge amounts of storage to keep up with the requirements of increasingly complex AI models. Let's dig deeper to see how much longer this trend might last and decide if Micron stock can maintain its explosive rally or will eventually slow down. Image source: Getty Images. Continue reading
Democrats Divided On Platner As GOP Reportedly Has Opposition Research That Will Destroy Him Graham Platner may have easily won Maine's Democratic Senate primary Tuesday, but his own party is already trying to figure out how to get rid of him . Democrats openly admit they cannot afford to lose this race if they want to retake the Senate, and Platner is already complicating their plans. Yet, the ch...
Democrats Divided On Platner As GOP Reportedly Has Opposition Research That Will Destroy Him Graham Platner may have easily won Maine's Democratic Senate primary Tuesday, but his own party is already trying to figure out how to get rid of him . Democrats openly admit they cannot afford to lose this race if they want to retake the Senate, and Platner is already complicating their plans. Yet, the chaos involving Platner may have only just begun. Maine's Democratic establishment is clearly uneasy, and national Democrats are not hiding it. AP Photo/Robert F. Bukaty According to a report from NBC News, behind the scenes, party operatives are reportedly circulating negative polling on Platner, exploring whether funding threats might pressure him to withdraw, and testing public opinion with a text poll sent on primary day that asked voters about the allegations of his abusive and demeaning treatment of women. Sen. Bernie Sanders (I-Vt.) is fully in Platner's corner, and he made his reasoning transparent. "There is no great secret that there is a strong division within the Democratic Party," Sanders said, criticizing the party establishment and praising Platner for challenging it. On the abuse allegations specifically, Sanders is choosing to take Platner's denials at face value. "He denies it, she says something else, but what I do know is that there are people in the United States Senate right now who are not saints." He then pivoted to senators who voted for the Iraq War and tax cuts. Sanders is essentially arguing that Platner's personal failings are less disqualifying than the establishment's policy sins . Even Tina Smith (D-Minn.), who replaced Al Franken after his resignation over groping allegations, endorsed Platner without hesitation. But the anxiety over Platner with the Democratic Party is very real. Rep. Debbie Dingell (D-Mich.) outright said she is "not comfortable" with Platner as the nominee. "I will not defend someone with that kind of history." Former Rep. ...
On 6/15/26, Public Storage's 3.950% Dep Shares Cumulative Preferred Share Series Q (Symbol: PSA.PRQ) will trade ex-dividend, for its quarterly dividend of $0.2469, payable on 6/30/26. As a percentage of PSA.PRQ's recent share price of $15.36, this dividend works out to approxim
On 6/15/26, Public Storage's 3.950% Dep Shares Cumulative Preferred Share Series Q (Symbol: PSA.PRQ) will trade ex-dividend, for its quarterly dividend of $0.2469, payable on 6/30/26. As a percentage of PSA.PRQ's recent share price of $15.36, this dividend works out to approxim
On 6/15/26, Public Storage's 4.75% Depositary Shares Cumulative Preferred Shares, Series K (Symbol: PSA.PRK) will trade ex-dividend, for its quarterly dividend of $0.2969, payable on 6/30/26. As a percentage of PSA.PRK's recent share price of $18.68, this dividend works out to
On 6/15/26, Public Storage's 4.75% Depositary Shares Cumulative Preferred Shares, Series K (Symbol: PSA.PRK) will trade ex-dividend, for its quarterly dividend of $0.2969, payable on 6/30/26. As a percentage of PSA.PRK's recent share price of $18.68, this dividend works out to
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Western Digital Corp (Symbol: WDC), where a total volume of 31,270 contracts has been traded thus far today, a contract volume which is representative of approxim
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Western Digital Corp (Symbol: WDC), where a total volume of 31,270 contracts has been traded thus far today, a contract volume which is representative of approxim
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." SpaceX explodes out of the gate, opening 11% above its IPO price after raising $75 billion and instantly making Elon Musk the world's first trillionaire. Max Chafkin and Ed Ludlow break down Musk's growing grip on SpaceX, Tesla merger speculation, and what's next for investors. Plus, Interstellar ...
Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." SpaceX explodes out of the gate, opening 11% above its IPO price after raising $75 billion and instantly making Elon Musk the world's first trillionaire. Max Chafkin and Ed Ludlow break down Musk's growing grip on SpaceX, Tesla merger speculation, and what's next for investors. Plus, Interstellar Lab's Barbara Belvisi on how space farming technology could help humans live on the Moon and Mars. (Source: Bloomberg)
On 6/15/26, Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (Symbol: MSBIP) will trade ex-dividend, for its quarterly dividend of $0.4844, payable on 6/30/26. As a percentage of MSBIP's recent share price of $25.29, this dividend works out to approximately
On 6/15/26, Midland States Bancorp Inc's Reset Rate Non-Cumul Preferred Series A (Symbol: MSBIP) will trade ex-dividend, for its quarterly dividend of $0.4844, payable on 6/30/26. As a percentage of MSBIP's recent share price of $25.29, this dividend works out to approximately
In this article SPCX TSLA Follow your favorite stocks CREATE FREE ACCOUNT Gwynne Shotwell, SpaceX's president and chief operating officer, interviews with CNBC during the company's IPO at the Nasdaq MarketSite in New York City on June 12, 2026. Adam Jeffery | CNBC As SpaceX was poised to hit the Nasdaq following the largest initial public offering on record, Elon Musk's second-in-command, Gwynne S...
In this article SPCX TSLA Follow your favorite stocks CREATE FREE ACCOUNT Gwynne Shotwell, SpaceX's president and chief operating officer, interviews with CNBC during the company's IPO at the Nasdaq MarketSite in New York City on June 12, 2026. Adam Jeffery | CNBC As SpaceX was poised to hit the Nasdaq following the largest initial public offering on record, Elon Musk's second-in-command, Gwynne Shotwell, didn't dismiss the possibility of an eventual tie-up with Tesla , Musk's other trillion-dollar company. Speaking to CNBC's Morgan Brennan on Friday, Shotwell said such a combination "might make Elon's life a little easier." Musk officially became the world's first trillionaire due to his stakes in the two companies. At SpaceX, he has hefty control over decision-making, with over 80% voting power. He sits on Tesla's board and tends to get his way. Shotwell is SpaceX's operating chief and joined in 2002 as one of the rocket maker's earliest employees. Whatever might happen in the years to come, Shotwell said she has plenty of work to do today. SpaceX's market cap opened above $2 trillion, making it the sixth most valuable U.S. company, ahead of Tesla. "There's a convergence of what we're all trying to accomplish in the future, but right now I'm focused on keeping the lights on here," Shotwell said. Musk has a history of combining his entities. In February, he merged SpaceX with xAI, his artificial intelligence startup, in a deal that valued the combined company at $1.25 trillion. The main reason for that deal, he said at the time, is to better build "orbital data centers." The transaction brought to SpaceX data centers as well as Grok's AI models, AI chatbot and image generator. It also included social network X, formerly known as Twitter, because Musk had merged X and xAI in early 2025. Tesla and SpaceX already share resources, including engineers, and Musk has discussed merging the companies, CNBC previously reported . Tesla owns stock in SpaceX after investing in ...
On 6/15/26, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) will trade ex-dividend, for its quarterly dividend of $1.0625, payable on 6/30/26. As a percentage of MAA.PRI's recent share price of $56.05, this divide
On 6/15/26, Mid-America Apartment Communities Inc's 8 1/2% Series A Cumulative Redeemable Preferred Shares (Symbol: MAA.PRI) will trade ex-dividend, for its quarterly dividend of $1.0625, payable on 6/30/26. As a percentage of MAA.PRI's recent share price of $56.05, this divide
Röhl expected to join RB Salzburg within days McInnes turned down chance to manage Rangers in 2017 Rangers are likely to move for the Hearts manager, Derek McInnes, if Danny Röhl completes a move to RB Salzburg. The Ibrox club and Salzburg are in talks over a deal for Röhl, who was appointed by Rangers last October. The 37-year-old began his coaching career elsewhere in the RB stable, at Leipzig. ...
Röhl expected to join RB Salzburg within days McInnes turned down chance to manage Rangers in 2017 Rangers are likely to move for the Hearts manager, Derek McInnes, if Danny Röhl completes a move to RB Salzburg. The Ibrox club and Salzburg are in talks over a deal for Röhl, who was appointed by Rangers last October. The 37-year-old began his coaching career elsewhere in the RB stable, at Leipzig. There is a rising sense in Glasgow that he will accept Salzburg’s overtures, with a switch likely to happen within days. Continue reading...
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned dollars to make a purchase, is that they expect to make money. Today
On 6/15/26, Public Storage's 5.15% Dep Shares Cumulative Preferred Shares Series F (Symbol: PSA.PRF) will trade ex-dividend, for its quarterly dividend of $0.3219, payable on 6/30/26. As a percentage of PSA.PRF's recent share price of $20.24, this dividend works out to approxim
On 6/15/26, Public Storage's 5.15% Dep Shares Cumulative Preferred Shares Series F (Symbol: PSA.PRF) will trade ex-dividend, for its quarterly dividend of $0.3219, payable on 6/30/26. As a percentage of PSA.PRF's recent share price of $20.24, this dividend works out to approxim