What early users of SpaceX’s Starlink satellite internet think about the service, speed and more

Elon Musk’s SpaceX rolled out its Starlink early access program to the public six months ago, with the satellite internet service growing to more than 10,000 users in the first few months. To get real-life first impressions of the service, CNBC spoke to more than 50 people who have been using Starlink. Those surveyed included … Read more

Schwab adds 3.2 million new brokerage accounts in first quarter – more than all of 2020

Pedestrians pass in front of a Charles Schwab bank branch in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Retail investing behemoth Charles Schwab added more clients in the first three months of 2021 than in all of 2020. Schwab added a record 3.2 million new clients in the first quarter of 2021. … Read more

Delta posts nearly $1.2 billion quarterly loss, expects to break even in June as bookings improve

A Delta Airlines Boeing 757-251 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images Delta Air Lines on Thursday reported another quarterly loss but said it expects to reach break even in June as travel demand rebounds from a deep pandemic slump. Here’s … Read more

Stock futures inch higher after S&P 500 retreats from record

Futures contracts tied to the major U.S. stock indexes ticked higher at the start of the overnight session Wednesday evening after the S&P 500 retreated from record levels during the regular session. Contracts tied to the Dow added 50 points, while those pegged to the S&P 500 rose about 0.2%. Nasdaq 100 futures advanced a … Read more

SpaceX adds to previous equity round, pushing Elon Musk’s last raise total to nearly $1.2 billion

A Falcon 9 rocket launches the company’s 14th Starlink mission on Oct. 18, 2020. SpaceX Elon Musk’s SpaceX added more money to its most recent equity raise, according to a securities filing on Wednesday. SpaceX held a second close of about $314 million, adding to the $850 million that CNBC reported the company raised in … Read more

Coinbase’s blockbuster debut is a ‘watershed’ for crypto — but there are risks ahead

Coinbase is set to go public through a blockbuster direct listing Wednesday, and investors are hailing it as a “watershed” moment for the cryptocurrency industry. The digital currency exchange could be valued at as much as $100 billion, making it more valuable than major trading venue operators like New York Stock Exchange parent Intercontinental Exchange … Read more

Cathie Wood sees these 2 trends as the next big things after electric vehicles

Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles. “We’re very excited about digital wallets,” Wood said on CNBC’s “The News with Shepard Smith” on Tuesday. “We really think that these digital wallets and two-sided market places, merchants and consumers…are going to usurp … Read more

Credit Suisse is still unloading shares of Discovery from Archegos

Credit Suisse bank. NurPhoto | NurPhoto | Getty Images Credit Suisse is still unraveling its positions from the blow up of Archegos Capital Management, traders told CNBC’s David Faber, putting more pressure on a beaten-down media stock. The investment bank was shopping blocks of different classes of Discovery stock on Tuesday, Faber reported. Discovery was … Read more

Boeing’s sales again outpace cancellations, jetliner deliveries pick up

United Airlines Boeing 787-9 Dreamliner landing in London Heathrow International airport in England, UK. Nicolas Economou | NurPhoto | Getty Images Boeing‘s March aircraft sales outpaced cancellations for the second month in a row as some airlines turn their attention to the industry’s recovery from Covid-19‘s toll on travel. The manufacturer on Tuesday reported gross … Read more

Bitcoin hits new all-time high above $62,000 ahead of Coinbase debut

The Coinbase cryptocurrency exchange application seen on the screen of an iPhone. Getty Images Bitcoin surged to a fresh record high of more than $62,000 on Tuesday, as investors awaited the highly-anticipated stock market debut of cryptocurrency exchange Coinbase. The price of bitcoin climbed more than 4% in the last 24 hours to hit $62,718, … Read more