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SpaceX Doubles Revenue with Starlink Growth and AI Compute Deals

SpaceX Doubles Revenue with Starlink Growth and AI Compute Deals

SpaceX Doubles Revenue with Starlink Growth and AI Compute Deals
The Commercial Appeal The Commercial Appeal
SpaceX Q2 earnings skyrocket due to Memphis data centers, 20GW expected

SpaceX Q2 earnings skyrocket due to Memphis data centers, 20GW expected

On Aug. 4, SpaceX had its first earnings call since the record-breaking IPO In June. The earnings call revealed plans for Memphis data centers.
Reuters Reuters
AMD falls as investors demand bigger AI payoff

AMD falls as investors demand bigger AI payoff

By Rashika Singh Aug 5 (Reuters) - Advanced Micro Devices shares tumbled on Wednesday as the chipmaker's revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.
AP News AP News
Stocks waver on Wall Street and hover around records as oil prices hold steady

Stocks waver on Wall Street and hover around records as oil prices hold steady

Stocks are wavering in morning trading on Wall Street, while oil prices hold steady
Reuters Reuters
SpaceX slides as AI spending worries overshadow early returns

SpaceX slides as AI spending worries overshadow early returns

By Akash Sriram Aug 5 (Reuters) - SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company.
TheStreet TheStreet
Big Tech's blowout profits hide an uncomfortable truth

Big Tech's blowout profits hide an uncomfortable truth

Big Tech just closed out its second-quarter 2026 earnings season, and the results looked, on paper, like a triumph. Microsoft, Amazon, and Alphabet all posted numbers that blew past Wall Street's estimates, and headlines celebrated growth rates that haven't been seen in years. Dig one layer deeper, ...
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SpaceX Reports 92% Revenue Increase Amidst Investor Concerns Over AI Spending

SpaceX Reports 92% Revenue Increase Amidst Investor Concerns Over AI Spending

SpaceX Reports 92% Revenue Increase Amidst Investor Concerns Over AI Spending
Trendline Trendline
SpaceX's Ambitious Revenue Targets Fail to Impress Skeptical Market

SpaceX's Ambitious Revenue Targets Fail to Impress Skeptical Market

SpaceX's Ambitious Revenue Targets Fail to Impress Skeptical Market
TheStreet TheStreet
Tesla stock surges as super bull turns slightly more bearish

Tesla stock surges as super bull turns slightly more bearish

Tesla shares experienced a resurgence on Monday, Aug. 3, as investors accelerated last week's post-earnings rally. But analysts at Stifel Nicolaus, one of the biggest Tesla bulls on Wall Street, are going the opposite way. Since they dipped slightly below the stock's support level at $300, shares ...
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SpaceX Faces Market Challenges Ahead of First Earnings Report Post-IPO

SpaceX Faces Market Challenges Ahead of First Earnings Report Post-IPO

SpaceX Faces Market Challenges Ahead of First Earnings Report Post-IPO
TheStreet TheStreet
Big Tech’s $2 trillion AI shakeout just changed everything

Big Tech’s $2 trillion AI shakeout just changed everything

Wall Street just drove a harsh line through the artificial intelligence trade. Amazon (AMZN), Microsoft (MSFT) and Alphabet (GOOGL)added nearly $1.5 trillion in combined market value during earnings week, according to CNBC. Microsoft gained more than $600 billion, while Amazon and Alphabet each ...
Reuters Reuters
SpaceX's first results put Musk's AI spending under Wall Street microscope

SpaceX's first results put Musk's AI spending under Wall Street microscope

By Akash Sriram August 3 (Reuters) - SpaceX's first earnings report since its record-breaking IPO will provide an early gauge of whether Starlink's profits can sustain the company's rapidly growing spending on AI and space ventures.