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A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop‘s stock price climbed in extended trading Monday after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. The stock, favored

CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He

Jeff Bezos and Elon Musk Getty Images Jeff Bezos‘ Blue Origin filed a protest with the Government Accountability Office against NASA on Monday, challenging the space agency’s award of a nearly $3 billion moon lander contract to Elon Musk’s SpaceX earlier this month. SpaceX, in a competition against Blue Origin and Leidos‘ subsidiary Dynetics, was

A sign is posted in front of the NVIDIA headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan/Getty Images With COVID-19 cases surging again around the world as well as growing concerns about the economic reopening, navigating the current financial landscape can be challenging. In this case, the key is to look for

SpaceX’s Crew Dragon spacecraft Endeavour docks with the International Space Station on April 24, 2021. NASA TV The second operational SpaceX crew mission arrived at the International Space Station early on Saturday morning, carrying four astronauts for a six month stay in space. SpaceX’s Crew Dragon spacecraft ‘Endeavour,’ which launched on a Falcon 9 rocket

FG Trade | E+ | Getty Images Company: Harmonic Inc. (HLIT) Business: Harmonic provides video delivery software, products, system solutions, and services worldwide. Its products enable customers to create, prepare, store, playout, and deliver a range of broadcast and streaming video services to consumer devices, including televisions, personal computers, laptops, tablets, and smart phones. The

Secretary of Energy Jennifer Granholm speaks during the daily press briefing on April 8, 2021, in the Brady Briefing Room of the White House in Washington, DC. Brendan Smialowski | AFP | Getty Images Energy Secretary Jennifer Granholm on Friday emphasized the need for the world to come together in an effort to tackle climate

SpaceX CEO Elon Musk gives an update on the next-generation Starship spacecraft at the company’s Texas launch facility on September 28, 2019 in Boca Chica near Brownsville, Texas. Loren Elliott | Getty Images News | Getty Images SpaceX founder and CEO Elon Musk remains focused on his vision for the company: Establishing a permanent human

Value investor Bill Miller told CNBC on Tuesday that one of his firm’s funds sold its GameStop holdings during the Reddit-fueled frenzy that began earlier this year. “We had GameStop in our deep-value product, and I think our cost on it was around $4 or something,” Miller said in an interview on “The Exchange.” “When it got

The shadow of NASA’s Ingenuity is seen on the surface of Mars as the helicopter hovered during its first flight on April 19, 2021. NASA/JPL-Caltech NASA successfully conducted the first flight of an aircraft on another planet, as the space agency’s helicopter Ingenuity completed a historic feat on Mars on Monday that it called a

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Retail investing behemoth Charles Schwab added more clients in the first three months of 2021 than in all of 2020. Schwab added a record 3.2 million new clients in the first quarter of 2021.

James Gorman, chairman and chief executive officer of Morgan Stanley, speaks during a Bloomberg Television interview in Beijing, China, on Thursday, May 30, 2019. Giulia Marchi | Bloomberg | Getty Images Morgan Stanley is set to report first-quarter earnings before the opening bell on Friday. Here’s what Wall Street expects: Earnings: $1.70 a share, 68%

SpaceX CEO Elon Musk raises his arms in celebration beneath a Starship rocket prototype under construction in Boca Chica, Texas. Steve Jurvetson on flickr Elon Musk’s SpaceX beat out teams led by Jeff Bezos’ Blue Origin and Leidos subsidiary Dynetics to win a nearly $3 billion contract to build NASA’s next crewed lunar lander, The

Friends spending the weekend in the shopping mall martin-dm | E+ | Getty Images Company: Genesco Inc. (GCO) Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce operations; (ii) Schuh Group, which includes the Schuh

The Reddit logo is seen on a smartphone in front of a displayed Wall Street Bets logo in this illustration taken January 28, 2021. Dado Ruvic | Reuters It could be a big pay day for Keith Gill, the Reddit trading crowd’s favorite and the man who inspired the epic GameStop short squeeze. Friday is

Bill Hwang, founder of Tiger Asia Management LLC, exits federal court in Newark, New Jersey, U.S., on Wednesday, Dec. 12, 2012. Emile Warnsteker | Bloomberg | Getty Images Morgan Stanley posted blockbuster results for the first quarter, but a single prime brokerage client cost the firm nearly $1 billion. The firm had a $644 million

In this article HWIN Your Hometown Deli in Paulsboro, N.J. Google Earth Hedge fund manager David Einhorn warned of dangers for retail investors that he sees in the market, and one of his main examples was a tiny New Jersey deli with a market capitalization of more than $100 million. The Paulsboro, New Jersey-based Your

SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020. Virgin Galactic Shares of Virgin Galactic dropped in trading on Thursday, erasing its 2021 gains after founder Richard Branson sold more stock. The space tourism company’s stock has fallen 62% from its high above $60 a share in February, with losses

Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on October 28, 2019. Johannes Eisele | AFP | Getty Images Sir Richard Branson, the founder

A Falcon 9 rocket launches the company’s 14th Starlink mission on Oct. 18, 2020. SpaceX Elon Musk’s SpaceX added more money to its most recent equity raise, according to a securities filing on Wednesday. SpaceX held a second close of about $314 million, adding to the $850 million that CNBC reported the company raised in

In this article ARKK Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles. “We’re very excited about digital wallets,” Wood said on CNBC’s “The News with Shepard Smith” on Tuesday. “We really think that these digital wallets and two-sided market places, merchants and

People walk by the New York Stock Exchange (NYSE) on the morning that the music streaming service Spotify begins trading shares at the NYSE on April 3, 2018 in New York City. Spencer Platt | Getty Images The New York Stock Exchange announced Monday it would launch “First Trade” NFTs, to memorialize the true first

An artist’s rendering of a DRACO spacecraft. DARPA The Pentagon’s research and development arm on Monday awarded a trio of companies with contracts to build and demonstrate a nuclear-based propulsion system on a spacecraft in orbit by 2025. General Atomics, Lockheed Martin and Jeff Bezos’ space venture Blue Origin won the Defense Advanced Research Projects

In this article COIN Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch The pending Coinbase direct listing, scheduled for April 14th on the Nasdaq under the symbol COIN, is exciting a broad base of the investment community outside the usual cryptocurrency crowd. “Coinbase is

Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second quarter of 2021 is underway, and Wall Street analysts are reviewing the stocks they cover. At the same time, concerns

SpaceX president and COO Gwynne Shotwell wants what SpaceX is doing to “reinvigorate the industry,” while also getting “young children thinking about being in the space industry again.” Kimberly White | Vanity Fair | Getty Images SpaceX president Gwynne Shotwell does not think the company will add “tiered pricing” for its direct-to-consumer Starlink satellite internet

In this article TSLA XPEV NIO ZE594-CN Chinese battery and electric vehicle maker BYD shows off a model of its Han EV series at the 2020 Beijing auto show. Evelyn Cheng | CNBC BEIJING — Chinese automaker BYD sold more than twice as many battery-powered electric cars as start-up Nio delivered in March. BYD, which

Blackstone‘s Byron Wien on CNBC on Friday projected that Wall Street will get hit by another correction before the bull run resumes and stocks end the year higher than current levels. Inflation will shoot up faster than most forecasts, which will drive the Federal Reserve to tighten monetary policy and likely lead to a market

Wharton School finance professor Jeremy Siegel said Thursday he expects the stock market’s rally will persist at least throughout this year. However, he told CNBC that investors will have to be cautious once the Federal Reserve adjusts its highly accommodative monetary policies. “It isn’t until the Fed leans really hard then you have to worry. I mean,

The 16th Electron launch in November 2020, when the company recovered the rocket after splashdown for the first time. Rocket Lab The next mission for small launch leader Rocket Lab will feature its second attempt to recover an Electron rocket booster after liftoff by splashing it down in the ocean. The company is working toward