Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Facebook's reported move into cryptocurrency could amount to the biggest catalyst for digital assets in their decade-long history, some crypto investors say.Bitcoinread more
In a 7-2 ruling, over dissents from Justices Ruth Bader Ginsburg and Neil Gorsuch, the justices affirmed the so-called "dual sovereignty" exception to the Constitution's...Politicsread more
A recent Fed survey showed that workers' confidence for finding a new job after losing their current position was at 61.5% in May.Economyread more
The Fed is expected to cut rates multiple times, but the reason behind those cuts could have vastly different implications for the market.Marketsread more
The "captive carry flight test" evaluates the mock weapon during flight and is the Air Force's latest step amid the budding hypersonic arms race between China and Russia.Politicsread more
"This is going to be the biggest thing that's happened to Facebook in years," says CNBC's Jim Cramer. "It will be vital."Investingread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Airlinesread more
European aircraft manufacturer Airbus is betting travelers will want to fly long distances on smaller jets with the launch of its Airbus A321 XLR.Airlinesread more
The action reflects the evolving dynamic for U.S. companies that have done business with Huawei, which has been caught in the middle of growing U.S.-China trade tension.Technologyread more
The announcement comes after Trump blasted three countries because thousands of their citizens had sought asylum at the U.S. border with Mexico.Politicsread more
NBA Finals MVP Andre Iguodala—who helped lead the Golden State Warriors last week to their first championship since 1975—said Thursday he's taking advantage of his proximity to Silicon Valley to capitalize off the court as a tech investor.
"We have some great relationships with VCs [venture capitalists] out there, mainly Andreessen Horowitz. They've kind of taken me under their wing and ... showed me some things in the portfolio and how I can integrate my brand into some of their brands," Iguodala told CNBC's "Squawk Box " in an interview.
Iguodala said he follows Marc Andreessen on Twitter, and that's where he gets most of Andreessen's information. "Ben Horowitz, he's the guy. He's really big into hip-hop, and he's a brainiac. They sit courtside right next to our bench. So I have some conversations with them during the games. [Horowitz] is really the one who helps me out."
Before becoming a free agent and joining the Warriors in 2013, Iguodala said he and his manager got into investing in tech stocks. He started out with names like Facebook, Twitter and Tesla. "Apple was [also] a big one for us. We rode that wave when it was probably around $200, before the split." Apple was trading at $645 a share before last year's 7-for-1 stock split. The stock closed just over $128 on Wednesday—up nearly 40 percent since the split took effect June 6, 2014.
"I'm in as good a situation as any NBA player can be in, being in a championship team and then being in an environment like Silicon Valley, where you can capitalize off the court with business," said Iguodala, whose Warriors play their home games at Oracle Arena, just across the bay from San Francisco.
Off the court, Iguodala is also deeply involved in fashion through his connection with Andreessen Horowitz-backed Twice, an online marketplace for buying and selling secondhand clothing, shoes and handbags. He became the menswear style director for the start-up in March.