Market News

This hidden investing flaw is costing you money. Talking to political opponents fixes it.

The stock market doesn’t care about your politics. Insisting on a portfolio that’s red or blue can forfeit a lot of green.

U.S. oil prices drop to $84 a barrel after Pakistan says a U.S.-Iran peace deal has been reached

Oil prices fell Friday, with the international benchmark Brent crude briefly sliding to its lowest levels since the early days of the Iran conflict, after Pakistan said a peace deal between the U.S. and Iran had been reached.

I’m 55 and earn $100,000. Should I take a $2,900 monthly pension — or $2,200 with 3% annual hikes?

“I plan to continue working until age 60.”

Here are all the red flags in the SpaceX IPO

You have to give Elon Musk credit for his vision — and chutzpah.

AMD is seen as a CPU stock — but it’s gaining ground here, too

Wall Street is underestimating how much Meta will spend on AMD’s AI chips, a Citi analyst said.

My company fired one manager and is doing an ‘organizational reshuffling.’ Am I in trouble?

“They let go of a pretty high-up manager who they only hired a month ago.”

‘This would be a one-time event’: How can I take extra money from my 401(k) without triggering higher Medicare premiums?

“I generally withdraw money from my traditional 401(k) for projects, larger expenses and sometimes just to stay ahead on upcoming bills.”

‘It seems too good to be true’: At a steak-dinner retirement seminar, the guy said annuities can outperform the market. Is that true?

“He claimed that fixed-rate annuities are the sparkly, rainbow-fairyland of investments.”

‘I feel like he may be taking advantage of us’: Our adviser pushes annuities after we already said no. Do we fire him?

“I feel like he may be taking advantage of us.”

These are the assets investors should buy if a peace deal with Iran happens, says Bank of America

Low approval ratings and a jump in inflation may be forcing President Donald Trump’s hand in ending the war, with some asset prices already starting to anticipate that.

Centene options trading surges with focus on June puts

Microsoft has considered spinning out Xbox, The Information reports

US EPA sends California emissions rules to Congress for potential reversal

Lincoln National options trading jumps to 2,601 contracts

Why is Frontline stock appreciating 3% today?

Why is American Airlines stock rallying today?

Leerink highlights drug demand rebound after Memorial Day

Why is Rivian stock rallying today?

Why is Viavi Solutions stock gaining so much today?

Private credit roundup: Reflecting on funding stress in Berlin

Elon Musk becomes world's first trillionaire as SpaceX begins trading on the Nasdaq

Elon Musk's stake in SpaceX is worth more than $766 billion. Combined with his Tesla holdings, Musk's net worth as of Friday is roughly $1.05 trillion.

Trump admin: Iran deal signing likely in coming days, but not '100%' certain

A deal to end the Iran war could be signed soon, a senior Trump administration official said, following conflicting statements in recent days from the warring nations.

SpaceX market cap tops $2 trillion after shares of Elon Musk's rocket company gain 23% on debut

SpaceX shares soared on Friday as trading commenced on the Nasdaq.

As investors flock to SpaceX, one trader eyes a sleepy 'stealth' play

If you're looking for something a little more terrestrial, there's one stock that investors are overlooking.

Small investors scrambled to get in on the SpaceX IPO, even as some believe the valuation is 'stupid'

SpaceX set a fixed price of $135 per share in the leadup to its IPO on Friday, placing its valuation at $1.77 trillion. Shares rallied more than 25%.

Trump name still must come down from Kennedy Center, judge says

President Donald Trump has asked a federal appeals court to stay a lower-court order that his name before removed from the performing arts center.

SpaceX 'proxies' plunge as real deal arrives: Here's where traders are buying the dip

SpaceX "proxy stocks," whose options volumes were booming ahead of Friday's historic initial public offering, are unwinding gains.

For Warsh as Fed chair, silence may be the point

Kevin Warsh will hold his first Fed meeting, giving markets the first public look at how he'll communicate as chair of the Federal Reserve.

Pirro's losses in Fed investigation should stay on the books, judge rules

In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro's request to vacate his earlier orders.

Social Security COLA for 2027 may jump to 4.7%, one estimate finds. This chart shows prices driving the increase

As inflation climbs, Social Security beneficiaries may see a higher cost-of-living adjustment in 2027. Here's which costs spiked most over the past 12 months.

Judge blocks DOJ 'anti-weaponization' fund for longer, wants guarantee it’s dead

A judge gave Acting Attorney General Todd Blanche and Treasury Secretary Scott Bessent a week to submit a sworn declaration the DOJ fund was not going forward.

New SpaceX millionaires are reinventing the business of managing large wealth

Wealth advisors say SpaceXers have unique ways of addressing their financial challenges, including whiteboarding, troubleshooting and AI.

SpaceX’s Gwynne Shotwell had IPO doubts for years, now she has a message for investors

Gwynne Shotwell, long Elon Musk's second-in-command at SpaceX, spoke exclusively with CNBC ahead of her company's highly anticipated IPO.

How to get SpaceX stock — without buying the IPO

Investors will can hold SpaceX stock by virtue of owning shares in certain mutual funds and exchange-traded funds.

U.S. crude oil falls below $85 as U.S. and Iran near a deal to reopen Hormuz

Oil prices fell Friday after a proposed peace deal that would see the Strait of Hormuz reopen was reported by Iranian state media.

Goldman nets a big payday for SpaceX IPO. Plus, what drove our winners and losers this week

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

The S&P 500 already made a big call on SpaceX stock and index fund investors need to know it

The S&P 500 index, where trillions in retirement savings are invested, said no to the SpaceX IPO, the biggest in history. Here's what that means for portfolios.

Bitcoin's latest plunge revives the debate over owning it—and whether it's just 'crypto being crypto'

The cryptocurrency's latest selloff is forcing investors to revisit what role, if any, bitcoin should play in a portfolio.

Options volume in space stocks boomed as investors look for any way 'to get long SpaceX'

"There's a ton of short-dated call buying in these names as a way to get long SpaceX," Danny Kirsch, head of options trading at Piper Sandler, said.

Meta reportedly begins dismantling $2 billion Manus deal on Beijing's orders

Meta has reportedly begun dismantling its acquisition of Manus, moving to comply with Beijing's unprecedented order to hand back the Chinese-founded AI startup.

Waymo launches premier subscription tier for $29.99 a month, starting in select cities

Waymo is offering a new subscription tier for power users, starting in San Francisco, Los Angeles and Phoenix

Ex-Andreessen Horowitz partner slams his old firm, other VCs for 'political infiltration' around AI

John O'Farrell, former partner at Andreessen Horowitz, says the PAC Leading the Future, backed by his old firm, is trying to "intimidate politicians."

Former Tesla board member says SpaceX needs to achieve 2 of its 3 moonshots to keep its valuation

SpaceX has achieved its goal of becoming the largest IPO on record.

Trump picks former SEC Chairman Jay Clayton as national intelligence director

Trump's announcement came after House Democrats' objections to his pick of Bill Pulte as acting chief ensured that a key national security tool expires Friday.

Warren questions SpaceX IPO oversight in new letter to stock indexes

Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.

Some U.S. states still don't know if the World Cup will benefit them financially—just look at New Jersey

Millions are expected to attend 2026 World Cup matches across North America. For at least one host state, New Jersey, the tournament also brings mounting costs.

Honeywell CEO says AI will 'redefine automation' as labor shortages mount

Honeywell CEO Vimal Kapur said AI is poised to "redefine automation" by helping companies turn operational data into actionable insights.

ChatGPT hits a billion monthly app users despite souring public AI sentiment

ChatGPT reached a billion monthly users in May despite growing unease over its ethical and environmental impacts.

Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official

Millions of student loan borrowers who've lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.

OpenAI to acquire Ona to support its AI coding assistant, Codex

Ona's technology will allow OpenAI's coding assistant, Codex, to take on longer-running tasks, OpenAI said.

Stocks Sink in Broad AI Rout Sparked by China's DeepSeek

U.S. stocks were mostly lower, with the Nasdaq leading declines as makers of AI infrastructure suffered steep falls, many in the double digits. Nvidia was down 16%.

Comex Gold, Silver Settle Lower

Gold settled 1.4% lower, down two of the past three sessions, and silver fell 2.5%, down three of the past four sessions.

DeepSeek Won't Sink U.S. AI Titans

Panic fueling the selloff of Nvidia, Broadcom and other tech giants is overblown.

Financial Services Roundup: Market Talk

Gain insight on Experian, SoFi Technologies and more in the latest Market Talks covering Financial Services.

Arabica Coffee Prices Hit Record on U.S., Colombia Tariff Spat

Arabica coffee prices hit a record level, as traders digested the withdrawal of President Trump’s threats to impose tariffs and economic sanctions on Colombia.

Swiss franc, Japanese yen Rise as DeepSeek News Boosts Safe Havens

The Yen and Swiss Franc were stronger against the dollar as investors sought safe havens after Chinese start-up DeepSeek’s new AI model hit U.S. tech stocks.

Natural Gas Falls on Shifting Weather Forecasts

U.S. natural gas futures fell after weekend updates took some of the chill out of early February weather forecasts.

Building-Products Distributor QXO Launches Hostile Bid for Beacon

QXO is taking its offer directly to shareholders after being rebuffed on several occasions.

Natural-Gas Firm Diversified Energy Strikes Deal for Permian Basin Player

Maverick Natural Resources has operations in Texas and Oklahoma.

What's New This Tax Season That Can Save You Money

There are some new wrinkles, especially for those who sell things online or bought an EV.