Jeff Bezos stopped by the new headquarters of Relativity Space on Friday, a person familiar with the visit told CNBC, and met with CEO Tim Ellis.
Kategorie-Archiv: CNBC Financial News
Democrats want to send more unemployment benefits. Some workers never got the last round
Democrats‘ $1.9 trillion American Rescue Plan would pay more jobless benefits. But some have yet to receive aid from the Covid relief bill passed in December.
With 4 million Americans long-term unemployed, benefits cliff looms
More than 4 million Americans are long-term unemployed, according to the February jobs report. Their jobless benefits are set to end after March 14.
Stocks making the biggest moves midday: Virgin Galactic, Gap, Nikola and more
These are the stocks posting the largest moves in midday trading.
Chamath Palihapitiya sells remaining personal stake in Virgin Galactic, worth about $213 million
Virgin Galactic Chairman Chamath Palihapitiya sold his remaining personal stake in the space tourism company earlier this week.
SpaceX denounces Justice Department’s subpoena in hiring practices investigation as ‚government overreach‘
SpaceX denounced the Department of Justice’s subpoena for corporate hiring records, saying the inquiry „is the very definition of government overreach.“
Why this rate-driven sell-off is hitting tech stocks hardest
The stock market is a discounting mechanism: It is a way of trying to figure out what a future stream of cash flow — or earnings — is worth today.
Morgan Stanley raises GE target to $17, a high among Wall Street banks
Last month, CEO Larry Culp told an audience at an event hosted by Barclays that the company expects to burn cash in the first quarter of 2021.
London stock exchange boss sounds the alarm on SPAC ‚froth‘
Excess in U.S. SPACs „could end poorly“ for investors, the CEO of London’s stock exchange told reporters Friday.
Heavily shorted Tanger Outlet stock pops 20% in sudden move, then pulls back
The retail stock may be the latest attempted short squeeze by traders in 2021.