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Corporate insiders have been actively buying and selling their own stock in May, with one recent weeklong stretch showing higher ups at five different companies spent at least $1 million, according to VerityData. A similar situation happened at Akamai Technologies , where CEO Tom Leighton bought about $2 million worth of stock last Tuesday. Insider sales The dollar figures attached to major insider sales during the same time period were even larger than the buys. Meanwhile, Crowdstrike CFO Burt Podbere sold about $8 million of stock, with chief security officer Shawn Henry also selling shares. The CEOs of Squarespace and T-Mobile each sold more than $6.5 million worth of stock.
Persons: VerityData, Jared Isaacman, Isaacman, Nancy Disman, Tom Leighton, Anthony Williams, John Childs, Childs, Gregory Bailey, Vlad Coric, Jayshree Ullal, Burt Podbere, Shawn Henry, Anthony Casalena's, Jonathan Neman, , Nick Wells Organizations: Shift4, Akamai Technologies, VerityData, Arista Networks, Mobile Locations: Biohaven
Shift4 Payments CEO Jared Isaacman on Q1 earnings miss
  + stars: | 2024-05-09 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 Payments CEO Jared Isaacman on Q1 earnings missShift4 Payments CEO Jared Isaacman joins 'Power Lunch' to discuss the company's shares jumping despite Q1 earnings miss and the state of the consumer.
Persons: Jared Isaacman
Read previewThe space business is in bloom and, so far, it's largely unregulated. Other space startups have ambitions including asteroid mining, in vitro fertilization (IVF) in space, and space hotels. As space startups and billionaires vie for a foothold on the moon and beyond, experts say governments probably need to start setting some ground rules. Seven of the world's 10 biggest commercial space operators are based in the US, according to the Organisation for Economic Co-operation and Development. AdvertisementIn another vein, last year Florida passed a bill to protect space companies and their owners from getting sued over spaceflight passenger death or injury.
Persons: , Jeff Bezos's, Elon Musk, Bezos, NASA What's, George Nield, Galileo, Joel Kearns, Richard Branson, Galactic's, Lyndon B, Johnson, Jeff Bezos, Joe Raedle, Michelle Hanlon, Jared Isaacman, William Shatner, Hanlon Organizations: Service, NASA, Houston, SpaceX, Business, Northeastern University, Federal Aviation Administration's, Space Transportation, JPL, FAA, Virgin Galactic, Virgin, Getty, Artemis Accords, Hague Institute, Global Justice, Washington, Companies, Shepard, Center for Air, Space, University of Mississippi School of Law, titans, US International Trade Commission, Organisation for Economic Co, Federal Communications Locations: Mars, Russia, China, Blue, Florida
SpaceX is building a network of hundreds of spy satellites under a classified contract with a U.S. intelligence agency, five sources familiar with the program said, demonstrating deepening ties between billionaire entrepreneur Elon Musk's space company and national security agencies. The network is being built by SpaceX's Starshield business unit under a $1.8 billion contract signed in 2021 with the National Reconnaissance Office (NRO), an intelligence agency that manages spy satellites, the sources said. SpaceX, the world's largest satellite operator, did not respond to several requests for comment about the contract, its role in it and details on satellite launches. The satellites can track targets on the ground and share that data with U.S. intelligence and military officials, the sources said. The spy satellites will house sensors provided by another company, three of the sources said.
Persons: Jared Isaacman, Elon, SpaceX's, Biden, Tesla Organizations: SpaceX, National Reconnaissance Office, Street, NRO, Reuters, Pentagon, ., U.S ., U.S, U.S . Space Force, CIA Locations: Starbase, Boca Chica , Texas, Ukraine, U.S, Starlink, Russia, China
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 Payments CEO talks the company's Q3 results and what's driving the stockJared Isaacman, Shift4 Payments CEO, joins 'Closing Bell Overtime' to talk Q3 earnings results, the stock reaction, the state of the consumer and more.
Persons: Jared Isaacman Organizations: Shift4
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 Payments CEO talks pressure on the payments sector and consumer resilienceJared Isaacman, Shift4 Payments CEO, joins 'Closing Bell Overtime' to talk the payment space, earnings results, the state of the consumer and more.
Persons: Jared Isaacman Organizations: Shift4
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 Payments CEO Jared Isaacman on junk fees, restaurant growth and outlookShift4 Payments CEO Jared Isaacman joins 'The Exchange' to discuss the company's Q2 earnings beat, junk fees, and working with restaurants.
Persons: Jared Isaacman
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel and leisure spending is still strong, says Shift4 Payments CEO Jared IsaacmanJared Isaacman, Shift4 Payments CEO, joins 'Closing Bell Overtime' to discuss the state of the consumer, where he is still seeing strength in spending, and if a 'soft landing' is possible for the U.S. economy.
Persons: Jared Isaacman Jared Isaacman Organizations: Shift4 Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 Payments CEO on health of consumer, payment trends and Blue OrcaJared Isaacman, Shift4 Payments CEO, joins 'Closing Bell: Overtime' to discuss the company's travel demand and the health of the consumer.
American Express posted earnings per share of $2.40 for the first quarter, below an estimate of $2.66, per Refinitiv. On Wednesday, the casino and resort company posted a beat on first-quarter earnings. The decline comes a day after Zions missed earnings expectations in the first quarter. The company posted earnings of $2.73 per share on revenue of $7.97 billion. The downgrade comes ahead of the defense firm's first quarter earnings report, which is set to release April 25.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailShift4 CEO on consumer confidence, partnership with PayPal and space commercialismJared Isaacman, Shift4 CEO, joins 'Closing Bell: Overtime' to discuss company earnings, consumer trends, Shift's partnership with PayPal and space commercialism.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailState of payment services with Shift4 Payments founder Jared IsaacmanJared Isaacman, Shift4 Payments founder & CEO, joins 'Squawk on the Street' to discuss his boost to the full-year outlook, finding growth opportunities through diversification with new verticals, and the Shift4 Q3 estimates beat.
Investing in Space: You must be this rich to ride
  + stars: | 2022-10-13 | by ( Michael Sheetz | ) www.cnbc.com   time to read: +2 min
CNBC's Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. For decades, only those selected and trained by the world's superpowers could journey to space. Then came Dennis Tito, a man who left NASA and built his fortune in finance – a fortune he used to become a space tourist. Two decades after Tito's first mission, the long-promised marketplace for space tourism is finally burgeoning. And yes, space tourism is currently only for the wealthy, and those lucky enough to ride along with them.
CNN —SpaceX said Wednesday that it has booked yet another mission around the moon for a wealthy thrill-seeker on its forthcoming Starship spacecraft. He declined on Wednesday to share any financial information about the upcoming Starship mission. It’s not clear when the first crewed Starship mission will take off, however. But Starship is far bigger than anything that SpaceX — or any other rocket developer — has ever built. It’s expected to have more thrust than both NASA’s Saturn V rocket, which powered the moon landings of the mid-20th century, and the space agency’s new moon rocket, called SLS, or Space Launch System.
Dennis Tito, most widely known as being the first space tourist back in mid-2001. Entrepreneur Dennis Tito and his wife Akiko purchased seats on a private trip with SpaceX's Starship rocket, the third such spaceflight Elon Musk's venture has announced to date. "I've been wanting to go to the moon since my first trip to space," Tito said during a press conference on Wednesday. Akiko, 57, is a real estate investor and pilot, who married Dennis Tito in 2020. Tito declined to comment on the cost of the seats, and a brief SpaceX blog post did not reference any financial arrangements.
CNN —Officials at NASA have signed a Space Act Agreement with SpaceX to investigate the benefits and risks of having a private mission provide service to NASA’s nearly 33-year-old Hubble Space Telescope, boosting it to a higher orbit to extend its life, the space agency announced Thursday. Launched in 1990, the space observatory has had several servicing missions during NASA’s space shuttle era, with the last mission carried out in 2009. But the space agency retired the space shuttle in 2011, and no spacecraft has been back since. NASAThe effort to send a private mission to Hubble could be a part of a previously announced, privately funded SpaceX program called Polaris. Zurbuchen added that is all part of what SpaceX and NASA will explore as part of this Space Act Agreement.
Astronauts love fighter jets, and billionaire founder Jared Isaacman is no different. Isaacman, who founded payments company Shift4, is deep into training with his team for the first spaceflight of the Polaris Program, announced earlier this year, in partnership with Elon Musk's SpaceX. Isaacman's crew of four is using fighter jets — including aircraft from his personal fleet — to prepare for flying to orbit on the first mission, called Polaris Dawn. "We can't go to space very often [and there] is a lot of planning that goes into a mission," Isaacman told CNBC's Morgan Brennan at an airfield in Bozeman, Montana. "We want to use as much time leading up to [the launch] for training as possible," Isaacman said, adding that "using fighter aircraft is a great analog" to spaceflight.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolaris commander breaks down Dawn mission to attempt first-ever commercial spacewalkJared Isaacman, Shift4 founder and CEO, joins 'Squawk on the Street' to discuss the details behind the Polaris Dawn mission, what they plan on accomplishing, and more.
Civilian astronaut Chris Sembroski said he's joined Blue Origin, Jeff Bezos' rocket manufacturer. SpaceX and Blue Origin are big competitors in the commercial space industry. "I am thrilled to be a part of our expansion out to the rest of the universe – AND to announce I have joined Blue Origin! Elon Musk's SpaceX and Bezos' Blue Origin are known for their rivalry given that the two billionaires have butted heads for over 15 years. Last year, Blue Origin sued NASA over the agency's decision to award a moon-landing contract to SpaceX.
Prototipul unei rachete Starship a explodat în timpului unui test. Racheta reușise să atingă altitudinea de zece kilometri, dar o defecțiune a apărut în momentul în care se îndrepta către sol. Prototipul a fost proiectat pentru a transporta echipaj uman şi încărcături de 100 de tone. Alte două rachete similare au explodat în timpul unor teste efectuate în februarie şi la începutul acestei luni. Între timp, SpaceX a anunţat că echipajul pentru primul zbor spaţial civil din istorie este complet.
Persons: Elon, SpaceX, american Jared Isaacman Organizations: Aeriene Locations: SUA, american
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