TazaPulse

Ark Invest owns SpaceX in its venture ETF. It says Starlink alone supports $2 trillion value at IPO

TazaPulseJune 4, 2026

SpaceX’s long-awaited public debut could rank among the most significant stock offerings in history, according to Brett Winton, chief futurist at ARK Invest, who argues the company’s satellite internet business alone can justify a valuation approaching $2 trillion. Elon Musk’s rocket and satellite company set an IPO price of $135 a share, valuing SpaceX at...

LPG supply stable, but oil firms still losing nearly Rs 700 on every cylinder sold

TazaPulseJune 4, 2026

Oil Marketing Companies (OMCs) continue to face under-recoveries of nearly Rs 700 on every domestic LPG cylinder despite a range of measures taken by the government to strengthen supplies, ministry of petroleum and natural gas said on Thursday.Addressing an inter-ministerial briefing, Sujata Sharma, joint secretary in the ministry of petroleum and natural gas, said that...

‘No resignation, no new party’: Tamil Nadu BJP chief dismisses Annamalai exit buzz | India News

TazaPulseJune 4, 2026

NEW DELHI: Tamil Nadu BJP president Nainar Nagenthran on Thursday sought to end speculation over K Annamalai’s political future, insisting that the former state chief has neither resigned from the party nor spoken to anyone about launching a new political outfit.According to news agency PTI, Nagenthran said reports claiming Annamalai had quit the BJP were...

India Venezuela Energy Cooperation: ‘Perfect complementarity’: India, Venezuela deepen energy ties amid crude diversification push

TazaPulseJune 4, 2026

India and Venezuela are looking to expand cooperation, particularly in the energy sector, as New Delhi moves to diversify crude oil imports amid supply disruptions linked to the West Asia crisis.Addressing a special media briefing after Prime Minister Narendra Modi’s talks with Venezuelan acting President Delcy Rodriguez, MEA secretary (East) Rudrendra Tandon said discussions focused...

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Investors can ‘buy’ SpaceX early with Coinbase perpetual futures on pre-IPOs

TazaPulseJune 4, 2026

The Coinbase logo is displayed on a smartphone with stock market percentages on the background. Omar Marques | SOPA Images | Lightrocket | Getty Images Coinbase on Thursday unveiled a new product that lets customers get price exposure to private companies before they go public, starting with a perpetual futures contract –better known as a...

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Soaring stocks created 2 million new millionaires last year

TazaPulseJune 4, 2026

Aerial view of yachts moored in the Port Vell marina of Barcelona, Spain Busà Photography | Moment | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Soaring stock markets...

Israel Elimination: Evening news wrap: IRGC commander says Israel’s elimination ‘achievable’; severe weather disrupts Delhi airport operations & more | India News

TazaPulseJune 4, 2026

IRGC commander says Israel’s elimination is “achievable,” backs Hezbollah amid rising regional tensions. TMC rebels intensify internal feud, allege suppression and question Abhishek Banerjee’s role. China blocks Tiananmen remembrance, tightens control over 1989 crackdown commemoration. Storms disrupt Delhi flights, multiple diversions as IMD issues yellow alert. BJP hits Kerala Congress over “Islam-friendly gym” row, alleges...

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Kalshi is building a Bloomberg terminal for prediction markets

TazaPulseJune 4, 2026

The Kalshi market “Will Iran effectively close the Strait of Hormuz for 7+ days?” appears on a smartphone screen, with the Kalshi logo displayed on a laptop computer screen in the background, in this photo illustration taken in Chania, Greece, March 9, 2026. Nikolas Kokovlis | Nurphoto | Getty Images Prediction market platform Kalshi is...

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5 things to know before the stock market opens Thursday

TazaPulseJune 4, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. It was a big night for the Knicks — and for the New York City bar that used prediction markets to hedge its customers’ tabs. S&P 500 futures are falling this morning. The major indexes are coming off a down...

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Institutional investors return to retail ‘in a very big way’

TazaPulseJune 4, 2026

Key Points More stores closed or downsized than opened or expanded during the first quarter, according to a report from JLL, but vacancies are still low at just 4.4%. Retail offers much better yields than other commercial real estate sectors. Investment transaction volumes reached more than $15 billion during the first quarter, an increase of...