CNBC's Oliver Renick reports on the latest action in options markets. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox,

The company didn't say how many are in each city, and has taken a far more cautious approach to scaling the network than CEO Elon Musk had promised.

Coming into Tuesday trading, Tesla stock was down about 18% year to date and up 12% over the past 12 months. (Justin Sullivan/)

Shares of Elon Musk's electric vehicle company are expected to see a sharp swing after Tesla rolls out its quarterly report.

Oil prices extended gains on Wednesday as fears of further supply disruptions intensified after U.S. forces struck Iranian military targets for the 11th straight night, while oil tankers made U-turns ​in the Red Sea after warnings by Iran-backed Houthi militia.

Oil futures rose for a third straight session as the U.S. and Iran continued strikes, while President Trump said the U.S. isn’t interested in a meeting until Iran is ready to meet in what he called “a meaningful way.

Oil futures pulled back from the overnight highs reached on the military escalation in the Middle East as Iran said it has received proposals from mediators for a return to negotiations.

Wall Street futures were rising in premarket trading Monday and oil prices retreated, but not before a gallon of gas in the U.S. breached the $4 level again. Futures for the S&P 500 rose 0.6%, while Nasdaq futures jumped 1.

SpaceX stock may be down, but short-sellers are up to the tune of $5 billion.

Telecom stocks are struggling, so investors need the wireless carrier’s second-quarter results to send a better signal.

Index funds are supposed to be the safest way to invest — does SpaceX change that? is a reporter who writes about tech, money, and human behavior. She joined The Verge in 2014 as science editor. Previously,

SpaceX’s stock climbed on Tuesday to snap a bruising seven-session losing streak. The stock shed 21% during that period, creating a juicy buying opportunity for investors, according to Macquarie analysts led by Paul Golding.

The consumer-price index fell 0.4% in June, representing the steepest decline in 18 months and cooling the annual rate 0.4 percentage point to 2.8%, Statistics Canada said.

Canada’s inflation rate slowed by more than expected last month as gasoline prices eased and a key measure of core inflation dropped below 2% for the first time in nearly six years.

Prices at the pump increased at a slower rate on a year-over-year basis in June compared to May, the data showed.

Canada’s inflation rate slowed to 2.8 per cent in June as falling gasoline prices gave consumers a break at the pumps.

With pandemic-era student loan payment relief measures expiring, the number of defaulted borrowers continues to skyrocket.

Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments. Mississippi has the highest default rate in the nation.

The states with the highest student loan default rates in America are overwhelmingly Republican-leaning, according to a new Associated Press analysis. That means in many states, the most intense financial pressures linked to education debt are hitting many of the same voters who helped return President Donald Trump to the White House.

Defaults on student loans have surged across the United States, reaching record levels as borrowers struggle to keep up with payments.