Author: franperez66q@protonmail.com
SpaceX may put other mega-cap IPOs on the fast track.According to Kathmere Capital Management’s chief investment officer, it could emerge as the ultimate blueprint for Silicon Valley — especially when it comes to the expected Anthropic and OpenAI public debuts.”It would not surprise me at all to see a similar dynamic play out with some of these [IPOs] set to come in the months ahead,” Nick Ryder told CNBC’s “ETF Edge” this week.Ryder, whose firm provides financial advice to individuals and businesses, contends market conditions will determine whether upcoming mega-cap IPOs will rip a page from SpaceX’s playbook.”We’ve been in……
Jeff Bezos attends the Viva Technology show at Parc des Expositions on June 17, 2026 in Paris, France.Chesnot | Getty Images Entertainment | Getty ImagesA 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.Thanks to Jeff Bezos, summer is off to a strong start for investment firms of the ultra-rich. In June, the Amazon founder’s family office made five direct investments in startups, accounting for 10% of family office dealmaking, according to exclusive data provided by Fintrx, the…
JPMorgan cannot stop paying Charlie Javice’s legal bills, Delaware judge rules Source link
Amid disease surveillance for the ongoing Ebola outbreak, Ugandan health authorities identified a case of Marburg virus disease in a one-and-a-half-year-old child, who has died, according to Africa Centers for Disease Control and Prevention. But Ugandan health officials appear reluctant to publicly disclose information about the case and its context. Marburg virus is related to Ebolaviruses and causes similar hemorrhagic disease. Its transmission routes and prevention measures are likewise similar. On Wednesday, Africa CDC told Reuters that no contacts of the deceased toddler had developed symptoms, and there were no other current active cases in the country, citing Ugandan health…
President Donald Trump speaks with CNBC’s Joe Kernen in the Oval Office of the White House in Washington on July 2, 2026. CNBC1. Trump feels bad for his kids over investment scrutinyThe president defended his family’s business and said he feels bad that the presidency creates a conflict of interest in any of his children’s investments. “Anything they do, because the presidency is so powerful … if they buy a cupcake company, well, the energy to make the cupcakes, is you know, sort of like, how’s my energy policy?” Trump said during the interview. The president added, “Almost anything they…
Currency dealers monitor exchange rates as an electronic screen (top) shows South Korea’s benchmark stock index (KOSPI) in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on June 23, 2026. Jade Gao | AFP | Getty ImagesAsia-Pacific markets were set to extend losses Friday as investors continued rotating out of technology stocks, tracking declines in the U.S.Japan’s benchmark Nikkei 225 was poised to open lower, with the futures contract in Chicago at 68,775 against the index’s last close of 68,733.15.Australia’s S&P/ASX 200 was set to open higher, with futures at 8,762, compared with the index’s last…
Lockheed Martin leads race for Advent’s Ultra Maritime in $3.5 billion deal, FT reports Source link
When Plex launched in 2012, it sold lifetime access to its media server software for $75. In 2014, Plex raised the price to be more sustainable for the company, it said, and for years, Lifetime Plex Passes cost $120. Even the pricier $250 rate, which Plex offered from March 2025 until yesterday, was a steal compared to what $250 buys you at Plex now: a five-year subscription. As first spotted by The Desk, Plex yesterday launched the five-year Plex Pass. It comes alongside Lifetime Pass prices increasing to $750 yesterday, a change that Plex announced in May and, in a…
Ford Motor vehicles are displayed for sale at the Leif Johnson Ford dealership on June 30, 2026 in Austin, Texas. Brandon Bell | Getty ImagesDETROIT — Ford Motor on Thursday reported a 10.3% decline in its second-quarter U.S. new vehicle sales as the company battled a supplier issue for its F-Series pickup trucks and a significant drop in all-electric vehicles. The Detroit automaker said its pure EV sales fell by 40.7% during the quarter compared with a year earlier. Sales of its F-Series trucks, including the F-150, slipped 11% as Ford began ramping up production after its top aluminum supplier…
Kioxia readies next-gen memory mass production as AI boom fuels dramatic comeback Source link