SpaceX Beats Revenue Estimates in First Public Earnings, But Stock Falls on $18.4 Billion AI Spending

SpaceX Beats Revenue Estimates in First Public Earnings, But Stock Falls on $18.4 Billion AI Spending

SpaceX Beats Revenue Estimates in First Public Earnings, But Stock Falls on $18.4 Billion AI Spending SpaceX posted its first earnings report as a public company on Tuesday, August 4, beating Wall Street’s revenue expectations with 92% year-over-year growth — but the stock fell as much as 11% anyway, as investors focused on a sharp … Read more

Big tech earnings AI spending 2026

big tech earnings AI spending 2026

Amazon, Apple, Microsoft, and Alphabet Earnings Trigger Nearly $2 Trillion Market Swing as AI Spending Splits Wall Street A wave of megacap technology earnings this week moved nearly $2 trillion in combined market value, as Amazon’s cloud business posted its fastest growth since 2021 while Apple’s stock tumbled on weak guidance tied to rising memory … Read more

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U.S. House Approves $1 Trillion Defense Bill