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CNBC’s Jim Cramer said Tuesday that investors are flocking in. space x They are betting on Elon Musk’s ability to create innovative businesses, not his current earning power.”This stock is called SpaceX, but it might be better called Elon Musk,” the “Mad Money” host said.SpaceX has quickly become one of the world’s most valuable companies following Friday’s blockbuster IPO. Shares soared nearly 5% on Tuesday, putting the rocket company’s valuation above several large technology companies, including: Amazonand temporarily exceed microsoft. The rally reinforced questions about whether SpaceX’s roughly $2.5 trillion market value is justified.But Kramer argued that traditional valuation methods…
Kylian Mbappé became France’s all-time top scorer with 58 goals, two goals behind Miroslav Klose, the World Cup’s leading scorer.Published June 16, 2026June 16, 2026In Group I, France began their quest for a World Cup treble with a 3-1 win over Senegal, with Kylian Mbappé scoring twice.Real Madrid star Mbappe took his total World Cup goals to 14, leaving him just two behind the all-time leader Miroslav Klose. Bradley Barcola also scored on Tuesday as Les Bleus grabbed all three points for Didier Deschamps’ side.Recommended stories list of 4 itemsend of listIn the 66th minute, Mbappé crossed the penalty area…
SpaceX advertisements are displayed on digital billboards on buildings in Times Square to commemorate the start of SpaceX’s initial public offering (IPO) in New York on June 12, 2026. Angela Weiss | AFP | Getty ImagesThere’s nothing better than traders gobbling up $2 trillion in new stocks to rid the market of fear.Just 10 days ago, the tech industry tanked and the stock market suffered its worst day since October 2025. CBOE Volatility Index There was also a rush to increase, with investor concerns about how the market could digest the flood of new investments. space x stock. Now, as…
Getting cited by AI is easier than gaining consumer trust, according to a new report from WordPress VIP, an Automattic-owned company that provides an enterprise version of the WordPress publishing platform. As brands compete to get their links shown in AI search results, consumers are becoming increasingly skeptical about whether they can actually trust the answers they get. According to the report, 60% of US consumers say they don’t like brands that use “AI” for messaging, and 86% don’t fully trust AI and would still prefer to explore independent sources. Specifically, 42% of consumers say they trust AI-generated answers without…
A Russian warship sailing through the English Channel on Tuesday fired warning shots several hundred yards in front of a British-flagged yacht that was believed to be on a collision course, Russia’s Ministry of Defense said. The yacht was not injured or damaged and continues to sail. The ministry said in a statement that the crew of a Russian frigate spotted the civilian yacht Bright Future and said it was “traversing a dangerous route” that could bring it “close” to the warship. According to the Ministry of Defense, several attempts to contact the yacht’s crew by radio went unanswered, but…
As it turns out, the fans’ keen sense was correct. Months after Law Roach hinted that Zendaya and Tom Holland had privately married, Holland has officially confirmed that their wedding has indeed already taken place. After AI-generated photos of the Marvel stars’ fake wedding at Lake Como surfaced online, Holland revealed to Esquire that his grandmother was worried that he wasn’t invited to the wedding. As for whether other family members or friends were fooled by the AI photo, Holland responded after a long pause: “No, because they were all there.” But while fans will forever be clamoring for more…
Thomas Partey will not be able to enter Canada for Ghana’s World Cup opener against Panama on Wednesday.Published June 16, 2026June 16, 2026A Canadian court has dismissed the appeal of Ghanaian midfielder Thomas Partey after he was refused entry to the World Cup match against Panama.The Canadian government last week refused to grant Partey, 33, a visa, prompting his lawyer to launch a last-minute appeal in federal court in Ottawa, which he lost on Tuesday.The Black Stars will face Panama in a Group L match in Toronto on Wednesday.In dismissing the appeal, Justice Roger Lafreniere wrote that the parties had…
Analysts at trade data firm Kpler said on Monday that if the U.S.-Iran deal is implemented without major setbacks, shipping traffic through the Strait of Hormuz could increase to nearly 50% of pre-war levels within a month.The U.S. and Iranian governments are expected to sign a deal in Switzerland on Friday to open Hormuz and lift the U.S. naval blockade of Iran. Kpler analysts said in a research note that the number of ships sailing through Hormuz could rise to 40 per day, up from 100 per day before the US and Israel attacked Iran on February 28. Until Iran…
Google on Tuesday released the final version of its Android 17 operating system and its companion Wear OS 7 for smartwatches. The latest release, which will first arrive on the company’s Pixel devices, also comes with Pixel Drop, bringing new features including support for the latest AI models such as music generation model Lyria 3, multimodal Gemini Omni, and a voice translation tool for Pixel 10a with AudioLM. The latest feature release underscores Google’s strategy to use Android and Pixel devices to showcase the latest AI technology. While rival Apple is focused on catching up in the AI space, rolling…
Snap CEO Evan Spigel speaks to CNBC on June 16, 2026.CNBCsnap CEO Evan Spiegel is betting that because consumers are tired of looking at smartphone screens, they will pay upwards of $2,000 for augmented reality glasses that bring digital visuals into the user’s field of vision.”Almost 20 years after the launch of the iPhone, people are ready to think differently about computing,” Spiegel said in an interview with CNBC.On Tuesday, Snap’s co-founders debuted Specs, the company’s first AR device aimed at the general public rather than developers. At $2,195 with a $200 refundable deposit, it’s more than 15 times the…