Investing
Fixed-income titan Pimco is starting to embrace cryptocurrencies, CIO says
Pimco has dabbled in cryptocurrencies and plans to gradually invest more in digital assets, according to chief investment officer Daniel Ivascyn.
SpaceX expected to become more valuable than Tesla, Morgan Stanley survey finds
A Morgan Stanley survey concluded that SpaceX is both a more attractive investment and expected to become more valuable than Tesla.
Paul Tudor Jones says crypto is his preferred inflation hedge over gold right now
Billionaire investor Paul Tudor Jones told CNBC that cryptocurrency as an inflation hedge is "clearly ... winning the race against gold at the moment."
Morgan Stanley says SpaceX's Starship may 'transform investor expectations' about space
The valuation of Elon Musk's SpaceX has hit $100 billion, and Morgan Stanley believes its Starship rockets will have wide-reaching implications.
SEC says brokers enticed by payment for order flow are making trading into a game to lure investors
Wall Street's main regulator on Monday released its highly anticipated report on the jaw-dropping GameStop mania earlier this year.
NASA spacecraft launches toward Jupiter asteroids on an intricate path charted by Excel
NASA's latest exploration spacecraft launched over the weekend, beginning a 12-year journey to visit Jupiter's Trojan asteroids.
Top Wall Street analysts are bullish on these stocks with earnings underway
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Costco and General Motors
The first bitcoin futures ETF in the U.S. is set to begin trading in the week ahead
The bitcoin futures ETF from ProShares will begin trading in the week ahead, an amended filing indicated.
Grayscale Investments close to filing application for spot bitcoin ETF, source says
If approved, Grayscale's ETF would be another step in the legitimization of the nascent crypto asset class.
Branson is trailing Bezos in space tourism, while Musk's SpaceX competes in a league of its own
2021 has been a whirlwind for private space tourism, with this week especially crucial for the ventures founded by Jeff Bezos and Sir Richard Branson.
Michael Burry of ‘The Big Short’ asked about shorting crypto days before bitcoin hit $60,000
"The Big Short" investor Michael Burry inquired about ways to bet against bitcoin just before the world's largest cryptocurrency hit a six-month high.
Virgin Galactic stock plunges after company delays spaceflight tests to 2022
Virgin Galactic stock plunged in trading Friday after the company said it would delay any spaceflights to next year.
Virgin Galactic delays beginning of commercial spaceflights to fourth quarter 2022, stock falls 20%
Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022.
Elon Musk says Starlink will provide faster internet speeds on airlines
Elon Musk touted SpaceX's plan to use Starlink for in-flight Wi-Fi, saying in a tweet the service could add "low latency ~half gigabit connectivity in the air!"
Investment in space companies exceeds $10 billion this year, a new annual record
Private investment in space companies set a new annual record of $10.3 billion raised, according to a report this week by firm Space Capital.
Barry Sternlicht says the 'deck is stacked' in China and he's not a fan of investing there
The global real estate investor told CNBC it's tough to invest directly in countries such as China where "we think the deck is stacked."
There's a crisis in the economy, the government should pay people to go to work, says Barry Sternlicht
The shrinking U.S. workforce during the Covid pandemic is "going to cripple" the economic recovery, businessman Barry Sternlicht warned Wednesday.
Jeff Bezos' Blue Origin successfully launches crew with William Shatner to space and back
Jeff Bezos' Blue Origin launched its New Shepard rocket for the fifth time this year, carrying a crew that includes William Shatner.
JPMorgan exceeds profit expectations on $1.5 billion boost from better-than-expected loan losses
JPMorgan Chase is the first big bank to report third-quarter earnings.
Stories from orbit: Q&A with SpaceX Inspiration4 commander Jared Isaacman
Jared Isaacman, commander of the SpaceX Inspiration4 mission, talked to CNBC in-depth about the three-day spaceflight experience.
Cathie Wood says exodus from high-cost cities will push down inflation as Ark heads to St. Petersburg
Cathie Wood is moving her investment firm's headquarters to St. Petersburg, Florida on Nov. 1.
Planet Labs, soon to be public, unveils more powerful Pelican imagery satellites
Earth imaging and data specialist Planet Labs on Tuesday unveiled Pelican, its new line of imagery satellites.
Top Wall Street analysts are standing by these stocks amid market volatility
TipRanks analyst ranking service pinpoints Wall Street's best-performing stocks, like Facebook and Peloton
Activist investor Starboard could spur Elanco to step up its profitability
Starboard Value, an activist investor, believes Elanco Animal Health could take a few steps to strengthen its margins.
Elon Musk's SpaceX hits $100 billion valuation after secondary share sale
The valuation of Elon Musk's SpaceX crossed $100 billion following the company's latest financing round, CNBC has learned, which was announced this week.
NASA moves two astronauts off delayed Boeing missions to SpaceX in rare reassignment
NASA moved a pair of astronauts off of Boeing's first two crewed missions, in a rare reassignment as the Starliner capsule remains delayed in development.
Activist investor Carl Icahn reveals stake in Southwest Gas, urging company to drop acquisition
Carl Icahn announced a sizeable stake in Southwest Gas, and he is pushing the utility company to drop its rumored acquisition of Questar Pipeline.
Social network Commonstock aims to harness retail investor energy and verify ‘YOLO’ trades
Commonstock caters to retail traders who want to chat about their investments – and provide proof of their trades.
US Bank launches bitcoin custody service as institutions race to cater to crypto demand
The move is the latest sign that established financial players are beginning to accept cryptocurrencies as a legitimate asset class.
SunPower announces restructuring aimed at doubling down on residential market
The solar industry is booming, and SunPower is streamlining its operations to double down on the residential market.
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