Technology -

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SpaceX IPO primed for double-digit pop on first day: Perpetual futures

TazaPulseJune 11, 2026

A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, April 13, 2026. Ethan Swope | Bloomberg | Getty Images Crypto traders in the SpaceX pre-IPO perpetual futures are expecting a big first day for Elon Musk’s much-hyped space company. The perpetual future contract is currently trading around $162 on the Hyperliquid trading platform, a...

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Cramer still likes FedEx Freight despite emergence of new rival

TazaPulseJune 11, 2026

Every weekday, the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were down Wednesday as investors weighed a relatively favorable inflation report against comments from President Donald Trump that Iran has taken too long to negotiate a peace deal...

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Driverless EV freight trucker Einride soars in first trade on Nasdaq

TazaPulseJune 11, 2026

Autonomous EV freight trucking company Einride rose sharply in its first day of trading on the Nasdaq. The company went public on Wednesday morning under the ticker symbol “ENRD.” Einride shares went higher by well over 100% during trading on Wednesday morning. Trading was temporarily halted by the Nasdaq mid-morning, based on its “limit up-limit-down”...

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Humanoid robotics company Neura Robotics backed by Amazon, Nvidia

TazaPulseJune 10, 2026

U.S. tech giants have backed a German company in its latest fundraising round to develop its humanoid robotics tech. Neura Robotics’ Series C financing, which is worth up to $1.4 billion, featured Tether, Qualcomm, Amazon and Nvidia, alongside European industrial companies Bosch and Schaeffler and the European Investment Bank. The company hit a valuation of...

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Sen. Warren calls on SEC to delay SpaceX IPO

TazaPulseJune 10, 2026

Sen. Elizabeth Warren, D-Mass., called for the Securities and Exchange Commission to delay SpaceX‘s upcoming initial public offering, citing concerns about the rocket maker’s valuation and corporate governance in a letter shared with CNBC. “Given the unprecedented threats to investor protection and market integrity posed by the biggest IPO in history, you must delay any...

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Palantir’s Karp says businesses are ‘unhappy’ with the frontier AI labs

TazaPulseJune 10, 2026

Palantir CEO Alex Karp said the artificial intelligence software company’s enterprise customers are “unhappy” with how the frontier labs are operating. “It’s not just the man and woman on the street that is unhappy with the frontier labs, it’s in private, every single enterprise we deal with,” he told CNBC’s Sara Eisen on Wednesday. Many...

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AI helps junior staff ‘mature’ faster, founder says, amid job crisis

TazaPulseJune 10, 2026

Orlando Bravo, co-founder of Thoma Bravo, during the Bloomberg House event in Miami, Florida, US, on Thursday, April 30, 2026. Bloomberg | Bloomberg | Getty Images Thoma Bravo’s billionaire founder says AI will transform junior workers’ roles by eliminating grunt work, despite growing concerns about the technology’s impact on entry-level roles. Orlando Bravo, the founder...

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5 things to know before the stock market opens Wednesday

TazaPulseJune 10, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Wednesday. Keep an eye out for the latest consumer inflation data dropping at 8:30 a.m. ET. If Wall Street’s consensus forecast comes true, it would mark the first time annual price growth registers above 4% since 2023. Stock futures are lower...

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The next challenge for UK tech

TazaPulseJune 10, 2026

Gasholder park with its reflective mirror walkway in Kings Cross, London, United Kingdom. Mike Kemp | In Pictures | Getty Images This report is from this week’s CNBC’s UK Exchange newsletter. Like what you see? You can subscribe here. The dispatch The term Silicon Roundabout, a label for the cluster of tech firms based around the...

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CrowdStrike warns of increasing Chinese AI cyberattacks on U.S. tech

TazaPulseJune 10, 2026

U.S.-based cybersecurity giant CrowdStrike warned Tuesday of increasing cyberattacks from China-based entities aimed at stealing artificial intelligence to narrow the tech gap with the U.S. The Chinese entities accounted for more than 58% of state-sponsored targeted cyberattacks aimed at tech companies, especially their AI assets, CrowdStrike said in a report. “China-nexus adversaries are escalating espionage...