Here are the stocks making headlines in midday trading. SpaceX — Elon Musk's space company surged as it debuted on the Nasdaq, opening at $150 per share. Indications of interest initially suggested that the stock could start trading at $175, but the opening trade is still higher than the IPO price of $135 a share. Shares were last up about 20%. Space stocks — The group slid, reversing earlier gain...
Here are the stocks making headlines in midday trading. SpaceX — Elon Musk's space company surged as it debuted on the Nasdaq, opening at $150 per share. Indications of interest initially suggested that the stock could start trading at $175, but the opening trade is still higher than the IPO price of $135 a share. Shares were last up about 20%. Space stocks — The group slid, reversing earlier gains. Rocket Lab lost 10%, while AST SpaceMobile dropped 14%. Redwire also fell 11%. EchoStar , which has a stake in SpaceX, declined about 13%. CoreWeave , Astera Labs — Nasdaq announced it would add five new companies to the Nasdaq 100 as part of its quarterly rebalance , effective June 22. CoreWeave jumped 9%, while Astera Labs gained almost 4%. Nebius Group and Teradyne advanced close to 6%. Rocket Lab is also slated to join the tech-heavy index. Chip stocks — Semiconductor companies saw their shares rise, extending a recent rebound for chip stocks. The VanEck Semiconductor ETF (SMH) was last up about 2%, while Seagate Technology and Western Digital each added about 6%. Arm popped almost 11% Woodside Energy Group — Shares of the Australian oil and gas company jumped more than 7% after Bloomberg News reported , citing people familiar, that Exxon Mobil is checking out possible acquisition targets including Woodside. Charles Schwab — The financial services giant saw shares rise more than 3% after reporting that core net new assets last month hit $49.9 billion, a 43% increase from a year earlier and a record for May. Daily average trades also hit a record 11.8 million, the firm said. Adobe — The software giant slipped more than 7% after reporting that its fiscal second-quarter non-GAAP operating margin came in at 44%, below the 44.5% estimate, per LSEG. The company also announced that CFO Dan Dunn would depart on June 15 to pursue a new opportunity. However, Adobe did post an overall beat on both the top and bottom lines in its last quarter. Lennar — The home construction stoc...
In trading on Friday, the Global X Copper Miners ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Northern Dynasty Minerals, up about 7.2% and shares of Taseko Mines, up about 7.2% on the day. And u
In trading on Friday, the Global X Copper Miners ETF is outperforming other ETFs, up about 3.8% on the day. Components of that ETF showing particular strength include shares of Northern Dynasty Minerals, up about 7.2% and shares of Taseko Mines, up about 7.2% on the day. And u
In trading on Friday, defense shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Elbit Systems, down about 5.5% and shares of Optex Systems Holdings off about 1.5% on the day. Also lagging the market Friday are aerospace a
In trading on Friday, defense shares were relative laggards, down on the day by about 0.8%. Helping drag down the group were shares of Elbit Systems, down about 5.5% and shares of Optex Systems Holdings off about 1.5% on the day. Also lagging the market Friday are aerospace a
In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Taseko Mines, up about 7.2% and shares of Silvercorp Metals up about 7.1% on the day. Also showing relative strength are paper & forest product
In trading on Friday, precious metals shares were relative leaders, up on the day by about 3.2%. Leading the group were shares of Taseko Mines, up about 7.2% and shares of Silvercorp Metals up about 7.1% on the day. Also showing relative strength are paper & forest product
The Board of Directors of Colgate-Palmolive today declared a quarterly cash dividend of $0.53 per common share, payable on August 14, 2026, to shareholders of record on July 20, 2026. The Company has paid uninterrupted dividends on its common stock since 1895. AGNC Investment a
The Board of Directors of Colgate-Palmolive today declared a quarterly cash dividend of $0.53 per common share, payable on August 14, 2026, to shareholders of record on July 20, 2026. The Company has paid uninterrupted dividends on its common stock since 1895. AGNC Investment a
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 Friday's key moments. 1. Stocks were mixed Friday as investors weighed the possibility of a peace deal between the U.S. and Iran while preparing for the highly anticipated SpaceX IPO. The markets briefly turned lower after President Donald Trump warned that Iran "better g...
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 Friday's key moments. 1. Stocks were mixed Friday as investors weighed the possibility of a peace deal between the U.S. and Iran while preparing for the highly anticipated SpaceX IPO. The markets briefly turned lower after President Donald Trump warned that Iran "better get their act together" despite reports that a potential agreement remains on the table. Oil also came off its session lows but remained down about 1% near $87 a barrel as traders continued to bet that a diplomatic resolution could ease supply concerns. Jim noted that global oil supplies appear stronger than many investors realize, helping reduce the market's sensitivity to Middle East disruptions. 2. SpaceX remained the center of the market's attention ahead of its public debut. The offering was priced at $135 per share and was indicated to open around $165 . Jim said early signs pointed to strong demand and suggested the market may be absorbing the massive deal better than many investors feared. "We're over the hump," he said. Even so, Jim cautioned investors against chasing the stock immediately after it begins trading. "If you're not in on the deal and have that low price, don't touch it till a little bit closer to some benchmarks," he said. Jim advises investors to wait until the company has established a trading history before aggressively buying shares in the open market. He also highlighted that Club holding Linde could benefit from growing activity in the space industry. 3. Shares of Club holding Intel climbed 5% Friday, adding to their roughly 9% gain on Thursday following a double upgrade by analysts at Bank of America. Jim reiterated his bullish view , calling Intel "the greatest story right now" in semiconductors and arguing that its prospects have surpassed even Nvidia . "It's my favorite stock," Jim said. "I think that Intel goes to 200," implying roughly 63% ...
Czech central bank Governor Ales Michl said he sees a stronger argument to raise interest rates in June to contain inflationary pressures. While the global cost pressures from the energy shock may abate, the Czech economy is also facing domestic risks that may require a tightening of monetary conditions, Michl told Bloomberg News in an interview a week before the rate meeting. “I think a June move...
Czech central bank Governor Ales Michl said he sees a stronger argument to raise interest rates in June to contain inflationary pressures. While the global cost pressures from the energy shock may abate, the Czech economy is also facing domestic risks that may require a tightening of monetary conditions, Michl told Bloomberg News in an interview a week before the rate meeting. “I think a June move now a real possibility" Michl said. “The case for a rate hike has strengthened.” (Source: Bloomberg)
SpaceX stock opened at $150, up 11% from the $135 IPO price and valuing the space company at about $1.9 trillion, according to Dow Jones Market Data. That makes Elon Musk's rocket company the sixth most valuable company in America, more than Broadcom and less than Amazon.
SpaceX stock opened at $150, up 11% from the $135 IPO price and valuing the space company at about $1.9 trillion, according to Dow Jones Market Data. That makes Elon Musk's rocket company the sixth most valuable company in America, more than Broadcom and less than Amazon.
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. (Source: Bloomberg)
Against a backdrop of soaring growth stocks in an environment still dominated by chatter of SpaceX 's initial public offering (IPO) , it seems a little out of place to be discussing potential dividend stocks to buy. That's even more so the case given that the persistent bull market has pared dividend yields back by quite a bit lately; the S&P 500 's average trailing dividend yield currently stands...
Against a backdrop of soaring growth stocks in an environment still dominated by chatter of SpaceX 's initial public offering (IPO) , it seems a little out of place to be discussing potential dividend stocks to buy. That's even more so the case given that the persistent bull market has pared dividend yields back by quite a bit lately; the S&P 500 's average trailing dividend yield currently stands at a multidecade low of just above 1%. If income is your primary investment goal, there's still every reason to look for such names. And fortunately, there are plenty of compelling ones with strong yields to consider. The S&P 500's overall average dividend yield is unusually low simply because the index's very biggest constituents like Nvidia and Apple pay very little in dividends, if they pay them at all. To this end, here's a closer look at three dividend stocks you can comfortably buy right now with plans of holding onto them forever. Continue reading
SpaceX starts trading today, and demand for the stock has eclipsed the shares available. Meanwhile, BlackRock’s reported $5 billion order underscores investor excitement.
SpaceX starts trading today, and demand for the stock has eclipsed the shares available. Meanwhile, BlackRock’s reported $5 billion order underscores investor excitement.
The S&P 500 Index ($SPX ) (SPY ) is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures (NQM26...
The S&P 500 Index ($SPX ) (SPY ) is up +0.58%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.64%. June E-mini S&P futures (ESM26 ) are up +0.70%, and June E-mini Nasdaq futures (NQM26...