Squawk on the Street
Squawk on the Street
CNBC
10AM Hour: SpaceX Briefly Regains IPO Price, The Case for No Rate Hike, Berkshire Puts Cash to Work 8/10/26
43 minutes Posted Aug 10, 2026 at 3:13 pm.
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SpaceX rallies back to its IPO price after Friday’s sharp rebound, one portfolio manager explains why the stock has become one of his largest bets. Plus, a top economist makes the case that the Federal Reserve won’t raise interest rates this year, even as inflation remains a key concern for investors. And we break down Berkshire Hathaway’s latest earnings, including CEO Greg Abel putting more of the company’s massive cash pile to work.
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