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CNBC’s Jim Cramer said Wednesday that one of the biggest risks facing SpaceX’s upcoming IPO isn’t a lack of demand, but the possibility that too many investors are looking for a quick profit.”Speculators aren’t there for long. They may not be there for an afternoon,” the “Mad Money” host said. “This group worries me.”Elon Musk’s rocket company is reportedly four times oversubscribed, meaning demand from investors is roughly four times the number of shares available for sale. While this typically indicates strong interest, Kramer said the composition of the buyer base may be more important than the primary amount of…
summary The World Cup is scheduled to begin this Thursday in Mexico City, with the country potentially generating $3.7 billion in revenue from the tournament. While restaurants and street vendors are hoping for a tourism boom, organized crime groups are expected to profit through extortion and fraud targeting businesses. Many Mexicans say going to the game is expensive, with tickets to the opening game ranging from $3,000 to $10,000 in a country where the minimum wage is about $18 a day. AI-generated summaries were reviewed by CNN editors. Parts of Mexico City are covered in the green, white and red…
Their youngest, on the other hand, is suited to basically any sport that uses a ball. “He’s just dragging his bat around in the backyard,” Andrew said of Baer. “Then you put the ball on the tee and knock it down. It’s a lot of fun.” And for Drew, it’s a climb. “My daughter is into rock climbing now and she’s become a different kid,” Sean said. “She’s a quiet, introspective kid by nature, but rock climbing brings her to life.” She can run up basically any structure, and Andrew marveled, “She’s trained so many muscles!” That’s not the only…
space x will debut this Friday under the ticker “SPCX” and its options will begin trading on Tuesday, June 16th. The rapid turnaround has left investors a little confused. There is little sample size of time and activity to determine how the world’s biggest IPOs will trade day-to-day over the long term, and one trader says this will be the biggest hedging challenge in nearly 30 years. “As an options trader, back in 2000 I used to do this kind of hedging for IPOs, but back then there was a whole basket of technology stocks that you could use to…
Portugal beat Nigeria 2-1 with goals from Pedro Neto and Francisco Conceição, but Cristiano Ronaldo squandered a golden chance.Published June 10, 2026June 10, 2026Portugal will be heading into the 2026 FIFA World Cup with a 2-1 win over Nigeria in their preliminary match, but striker Cristiano Ronaldo will have some regrets.The 41-year-old former Manchester United and Real Madrid star was unable to add to his men’s international record of 143 goals despite being given a clear chance to break through with just the goalkeeper in both halves in Leiria on Wednesday.Recommended stories list of 4 itemsend of listThe five-time Player…
President Donald Trump addresses a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington.Evan Vucci | ReutersPresident Donald Trump said this week that a comprehensive peace deal with Iran could be signed soon, repeating similar claims he has made dozens of times over the past three months.This latest example may not resonate with the average listener. After all, there is no consensus on any of President Trump’s dozens of claims to date. But despite delays in implementation, markets continue to react to the president’s repeated promises.Trump has hinted or made public statements that…
AI coding agent startup Niteshift has raised $7 million in a seed round led by Greylock’s Jerry Chen. That’s a modest amount by AI standards, but the startup was founded by two former early Datadog engineers and has attracted high-profile angels like Reid Hoffman, Datadog’s Olivier Pomer and Alexis Lecoq, Braintrust’s Ankur Goyal, and Reflection AI’s Misha Raskin. Founded by Sajid Mehmood and Conor Branagan, who helped grow Datadog from its early days to a multi-billion valuation, the company entered the crowded AI coding space with a compelling idea. Why would model makers like OpenAI and Anthropic directly trust their…
A Tesla Cybertruck drives in front of the SpaceX facility in Hawthorne, California, on April 13, 2026.Ethan Swope | Bloomberg | Getty Imagescryptocurrency trader space x The pre-IPO perpetual futures market is anticipating a big opening day for Elon Musk’s much-touted space company. A perpetual futures contract is currently trading at around $162 on the HyperLiquid trading platform, a market dominated by highly active, leverage-seeking crypto traders. This is about 20% above the fixed IPO price of $135 per share, but is well down from the peak level of over $220 reached shortly after its launch in May. Binance’s SpaceX…
summary Pope Leo XIV’s blessing of Barcelona’s Sagrada Familia cathedral came 100 years after architect Antoni Gaudí’s death. The blessing of the Tower of Jesus Christ marks a major milestone in its 144-year construction journey. Gaudi’s nature-inspired design features 18 towers representing Biblical figures and a façade depicting the life of Jesus. AI-generated summaries were reviewed by CNN editors. Antoni Gaudí, the architect of Barcelona’s most visited tourist attraction, the Sagrada Familia church, died in 1926 after being hit by a tram and mistaken for a beggar by onlookers without prompt medical treatment. Today, exactly 100 years since the architect’s…
While I have had to say goodbye to many friends, euphoria, sidney sweeney We guarantee that the feud will not spill over into real life. After the show’s final season, which ends on May 31, aired, the 28-year-old addressed speculation that a feud between the cast was leading to an impact on production. “We’ve all grown up together on this show,” Sydney said. vanity fair “So it’s honestly crazy to see how much social media and the news media throw things around,” he said in an interview published June 9. As for speculation that the current A-list cast might have…