Space stocks have rallied in recent weeks following news that Musk’s SpaceX is planning to go public next year and widespread government interest.
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Space stocks rocket higher as sector optimism gains steam into 2026
Technology
Meta will adopt hundreds of thousands of AWS Graviton chips in latest AI infrastructure grab
Around 3.6 billion people use Meta’s applications every day, and the social networking company will be operating 32 data centers to handle the load with the completion of a new one in Oklahoma. But that’s not enough. Amazon’s cloud unit said Friday that Meta has agreed to use Amazon’s general-purpose Graviton chips in a deal […]
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Israel-Lebanon ceasefire, Microsoft’s first-ever buyouts, Starbucks’ loyalty program and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Friday. Congratulations to the NFL’s first-round draft picks. CNBC’s Alex Sherman spoke to No. 1 pick Fernando Mendoza ahead of his big night. Stock futures are mixed this morning after a negative day for all three major indexes. Here are five […]
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Technology
The aerospace and defense trade is taking investors deeper into space, and more ETFs are up for the mission
The aerospace and defense trade is taking investors deeper into space and exchange-traded funds want a part of it. VettaFi’s Cinthia Murphy told CNBC’s “ETF Edge” this week there are now more ETFs tackling the space theme more directly — listing the Procure Space ETF (UFO) and Global X Defense Tech ETF (SHLD) as examples. […]
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