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Technology

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SpaceX’s blistering start still faces key tests that will determine the stock’s true value

TazaPulseJune 17, 2026

The SpaceX initial public offering was, by all accounts, a major success , and it has stayed red hot out of the gate. On Tuesday, its third day of trading, the stock peaked over $225 a share, before closing well off the highs at $201.68. For much of the day, Elon Musk’s rocket-and-AI company had...

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5 things to know before the stock market opens Tuesday

TazaPulseJune 16, 2026

This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Snap CEO Evan Spiegel with sit down with CNBC’s Julia Boorstin at 2 p.m. ET today at the Augmented World Expo in California. Watch live on CNBC or CNBC+. Stock futures are near the flatline this morning. The market is...

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We’re buying more of a tech stock with a bright long-term future

TazaPulseJune 16, 2026

Shortly after the opening bell, we will be buying 280 shares of Intel at roughly $125.38. Following the trade, Jim Cramer’s Charitable Trust will own 780 shares of Intel, increasing its weighting in the portfolio to 2.5% from 1.6%. We’re making a sizeable buy of Intel to get the position up to 2.5% in the...

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SpaceX to acquire the AI coding startup Cursor for $60 billion

TazaPulseJune 16, 2026

SpaceX on Tuesday announced it has acquired the artificial intelligence startup Cursor for $60 billion, just days after Elon Musk’s rocket-maker debuted on the Nasdaq in the biggest initial public offering ever. Cursor built a popular AI coding tool that helps software developers generate, edit and review code, and the company has experienced explosive growth since its...

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Who is Gwynne Shotwell, Elon Musk’s second-in-command at SpaceX?

TazaPulseJune 16, 2026

SpaceX President and Chief Operating Officer Gwynne Shotwell celebrates with family and other SpaceX employees at the Nasdaq Marketsite in in New York after the SpaceX initial public offering on June 12, 2026. Spencer Platt | Getty Images News | Getty Images In 2002, SpaceX founder Elon Musk poached Gwynne Shotwell as one of his...

Technology

SpaceX gains 9% in premarket trading as momentum builds

TazaPulseJune 16, 2026

SpaceX shares surged 9% on Tuesday, as Elon Musk‘s rocket-builder continued its meteoric rise following a record-breaking IPO on Friday. Shares of the space tech and AI company popped in premarket trading, following a 20% jump in its first full day of trading after a blockbuster debut. Musk, who serves as CEO of SpaceX, posted...

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Nvidia plans to raise about $20 billion first debt sale in AI boom

TazaPulseJune 16, 2026

Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of media outside a restaurant in the Hongdae district of Seoul, South Korea, on Friday, June 5, 2026. SeongJoon Cho | Bloomberg | Getty Images Nvidia is aiming to raise at least $20 billion in debt, according to sources with knowledge of the matter,...

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Anthropic to meet with Trump administration over Mythos dispute

TazaPulseJune 16, 2026

Senior Anthropic staffers are meeting with Trump administration officials in Washington, D.C., on Monday to try to resolve the artificial intelligence company’s latest high-profile dispute with the U.S. government, according to a source close to the company. The person spoke anonymously to discuss an internal matter. Anthropic received an export control directive on Friday that...

Technology

Salesforce will buy AI customer service platform Fin for $3.6 billion

TazaPulseJune 15, 2026

A Salesforce sign is displayed at their office on Feb. 25, 2026 in San Francisco, California. Benjamin Fanjoy | Getty Images Salesforce on Monday said it is buying AI customer service platform Fin for about $3.6 billion as businesses accelerate their agentic offerings for enterprises. The deal, expected to close in the fourth quarter of...

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These 4 stocks could be major winners from falling oil prices

TazaPulseJune 15, 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 Monday’s key moments. 1. Stocks surged Monday after President Donald Trump announced that the U.S. and Iran had reached an agreement to end the nearly four-month conflict. The Dow gained 1.3% to reach...