Intel Shares Jump 7% After Trump Announces Apple Chip Design and Production Partnership
President Trump announced on Truth Social that Apple will partner with Intel to design and build semiconductors in the U.S., sending Intel shares up as much as 8.8% in premarket trading on Thursday.
SpaceX Shares Pull Back 3% as Post-IPO Rally Cools and California Weighs Tax Windfall
SpaceX shares dropped 3% in premarket trading Thursday after sliding 5% the previous session, cooling a post-IPO rally that had lifted the stock more than 40% above its $135 offering price. Meanwhile, California officials are navigating considerable uncertainty over how much tax revenue the SpaceX IPO — and expected offerings from OpenAI and Anthropic — will actually generate.
SpaceX Index Inclusion Forces Passive Investors Into Most Volatile Trillion-Dollar Stock
SpaceX's pending inclusion in major index funds is alarming passive investors, as the newly public company carries implied volatility nearly three times higher than the iShares bitcoin ETF and holds a $2.7 trillion market cap with no earnings.
Nvidia Plans to Raise at Least $20 Billion in First Bond Sale Since AI Boom Began
Nvidia is seeking to raise at least $20 billion in corporate bonds, its first debt offering since 2021, as the chipmaker joins a wave of AI-linked tech companies tapping capital markets to fund infrastructure and shareholder returns.
CFTC Chair Michael Selig Defends Approval of Perpetual Futures, Dismisses Political Pressure Claims
CFTC Chair Michael Selig defended his agency's approval of perpetual futures contracts in the U.S., dismissing both concerns about retail investor risk and allegations of political influence tied to the Trump administration's ties to Kalshi.
