An illustration of the SpaceMobile satellite constellation. AST SpaceMobile Shares of satellite-to-smartphone broadband company AST SpaceMobile began trading on the Nasdaq on Wednesday, with the company the first among a flurry of recent space companies to close its SPAC deal. AST SpaceMobile trades under the ticker ASTS, with shares previously listed under the SPAC New
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Larry Connor The Connor Group Larry Connor, the leader of eponymous Ohio-based real estate firm The Connor Group, earlier this year signed on to fly to the International Space Station. But first, before beginning his astronaut training, Connor will dive to the bottom of the ocean. Connor is partnering with deep sea specialist EYOS Expeditions
If there’s one factor almost sure to help increase your earnings, it’s going back to school for a post-graduate degree. Those who obtain a master’s degree typically see a significant bump in pay. For example, a worker with a bachelor’s degree in business was expected to earn $58,869 in 2021. Their counterpart with a master’s
Signage is displayed outside Morgan Stanley & Co. headquarters in the Times Square neighborhood of New York. Michael Nagle | Bloomberg | Getty Images The night before the Archegos Capital story burst into public view late last month, the fund’s biggest prime broker quietly unloaded some of its risky positions to hedge funds, people with
An RS1 rocket booster undergoes acceptance testing. ABL Space Rocket builder ABL Space signed a long-term agreement for multiple launches with Lockheed Martin, agreeing to provide the defense giant with as many as 58 rockets through the end of the decade. Lockheed Martin will buy up to 26 of ABL’s RS1 rockets through 2025, with
GICS vs. ICB Stock Classification: An Overview Understanding how sectors are defined is critical to diversifying a stock portfolio. That said, there are two competing systems for classifying stocks into sectors and industries: the Global Industry Classification Standard (GICS) and the Industrial Classification Benchmark (ICB). Both were designed to provide an accurate and standardized industry
Tom Lee said Monday he expects the stock market’s strong start to April to continue throughout the month as part of what he’s previously dubbed a “face-ripper rally.” The co-founder of Fundstrat Global Advisors made his case in an interview on CNBC’s “Fast Money,” following the S&P 500‘s 1.4% gain Monday to notch a record close
It’s the world’s most commonly cultivated, trafficked, and used drug; as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 with 340,000
Sanjay Mehrota, CEO, Micron Scott Mlyn | CNBC With focus locked in on the emergence from the pandemic, there is still plenty of uncertainty lingering on Wall Street. So, how can exciting investment opportunities be found? By following the latest stock recommendations from the analysts that consistently get it right. TipRanks’ analyst forecasting service attempts
The NASDAQ came into existence in 1971. That may seem like a long time ago, but it is a baby compared to the New York Stock Exchange (NYSE), which was established in 1792. While the NASDAQ is known as a tech-heavy exchange, the NYSE is known for housing older brick-and-mortar companies. Companies trading on the
In this article VIACP TME 9888-HK VIPS DISCA CSG.N-CH 8604.T-JP A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility in the broader market. Archegos Capital Management’s leveraged bets in ViacomCBS blew up and ignited a whopping $20 billion wave
In this article BA TRMB DE 9988-HK 9618-HK SPCE LMT LHX KTOS IRDM ARKX NFLX A SpaceX Falcon 9 rocket carries 10 Iridium NEXT satellites into orbit. mdesigner125 | iStock Editorial | Getty Images Trading in the new space exploration ETF from Ark Invest began on Tuesday, as Cathie Wood’s firm looks to tap the
As of March 30, 2021, nearly 128 million people have been infected with COVID-19 and more than 2.5 million people have died worldwide. This has been further compounded by an economic crisis caused by the disease’s disruption to the world economy, resulting in millions of people losing their livelihoods, exacerbating global poverty and inequality. The
In this article GS MS BTC.CB= A Goldman Sachs logo is seen displayed on a smartphone screen. Omar Marques | SOPA Images | LightRocket | Getty Images Goldman Sachs is close to offering its first investment vehicles for bitcoin and other digital assets to clients of its private wealth management group, CNBC has learned exclusively.
In this article TSLA Three ICEYE satellites, the trio of silver cube-like spacecraft visible near the top of the stack, on SpaceX’s Transporter-1 mission in January 2021. ICEYE Finnish satellite imagery firm ICEYE continues to expand its business in the U.S., announcing Wednesday that it signed $50 million in contracts last year for its services
Marijuana exchange-traded funds (ETFs) provide investors with exposure to equities of companies that engage in the cultivation, distribution, and sale of marijuana and related products. Products of marijuana companies include dried flowers, oils, seeds, edibles, and more. Still prohibited as an illegal substance in many parts of the world, marijuana is gaining wider acceptance for
Avishek Das | LightRocket | Getty Images Robinhood is redesigning some of its app features — most notably ditching its confetti animation —amid scrutiny over the popular stock trading company’s so-called gamification of investing. The free-stock trading pioneer, which is gearing up for its public debut, told CNBC the move is an effort to remove
In this article NPAUU IRDM AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Satellite-to-smartphone broadband company AST & Science expects to close its SPAC merger next week, the company said on Thursday. Its stock will trade on the Nasdaq. Last year, the company announced plans to merge with special purpose
The COVID-19 pandemic has put government assistance programs into hyperdrive, as many people who never needed them before are having to use them now. Here’s a descriptive list of major government assistance programs for individuals and businesses, with links to where and how to apply. Key Takeaways Many government assistance programs exist to help provide
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images Wall Street investors largely view higher interest rates as the biggest threat to derail the rally in stocks, according to a new CNBC survey. As a part of CNBC’s Quarterly
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