CNBC reported on Oct 16 that Elon Musk's Tesla unveiled its next‑generation Roadster electric sports car after almost 10 years of missed deadlines; CNBC said the new Roadster uses SpaceX thruster technology to 'hover' and perform 'kick flips'. Yahoo also reported the story.
CNBC reported on Oct 16, 19:28 UTC that a sell-off in AI-related stocks pushed the VIX above 22 for the first time in four months and that a cluster of trades suggests it could go higher.
CNBC reported Oct 16 that Blue Origin plans a $330 million Florida expansion and said it's targeting multiple flights per week of its New Glenn rocket by the end of the decade.
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CNBC reported Eric Hippeau, managing partner at Lerer Hippeau, joined 'Squawk on the Street' to discuss AI’s economic impact and comparisons with the dot‑com era.
CNBC published a market-open briefing titled "Market Open: October 16, 2026" and offered its usual "fast, accurate, and actionable business news and market updates." Market prices at Oct 16, 19:45 UTC show varied moves among major ETFs and megacaps.
CNBC reported Oct 16 that Kelly Evans discussed the tech trade and a rotation out of tech and AI-related names with Michael Sansoterra of Silvant Capital Management, who described the phase as a pullback while fundamentals stay strong.
XRP fell 3.05% over 24 hours while Solana, bitcoin and ether also declined; trend signals are neutral and headlines highlight tokenized stocks and Bitcoin stability, MarketAlleys Crypto desk.
According to the European Central Bank (euro reference rates), EUR/USD traded at 1.1253 as of Oct 16, 14:00 UTC, rising 0.40% from the prior ECB fixing and changing +0.20% over five sessions.
According to the European Central Bank (euro reference rates), GBP/USD rose 0.67% from the prior ECB fixing to 1.3335, recording a five-session change of +0.30%.
AUD/USD was 0.6959 as of Oct 16, 14:00 UTC after rising 0.69% from the prior ECB fixing, with a five-session change of -0.47%, according to the European Central Bank (euro reference rates).
European Central Bank (euro reference rates) shows USD/CHF at 0.8240 as of Oct 16, 14:00 UTC; the cross fell 0.75% from the prior ECB fixing and is down 0.42% over five sessions.
According to Finnhub, the BNO ETF rose 3.30% from the prior close to $67.00 as oil ETFs advanced while gold and silver slipped and natural gas declined.
CNBC reported that Barclays' research chair flagged Eurozone risks as manageable for next week and said the AI capex cycle remains healthy on hyperscaler expansion.
According to Finnhub, the USO ETF rose 0.62% from the prior close to $158.29 while the SPY ETF fell 0.55% to $767.53; prices are reported at Oct 16, 16:00 UTC.
USO ETF fell 0.54% to $156.46 as of Oct 16, 14:00 UTC; the UUP ETF fell 0.38% to $28.89, the GLD ETF rose 0.25% to $383.67 and the SPY ETF was little changed at $771.50.