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SpaceX slides as AI spending worries overshadow early returns
Reuters14d agoneutral
SpaceX slides as AI spending worries overshadow early returns

SpaceX touted faster-than-expected returns from its AI spending on its first-ever earnings call as a public company. SpaceX reported AI revenue that more than tripled from a year earlier and disclosed several new cloud computing agreements, even as quarterly capital spending on ​AI climbed to $15.8 billion. Chief Financial Officer Bret Johnsen said the economics of those investments were improving rapidly, but also signaled that AI spending would remain elevated.

Bloomberg14d agoneutral
Pentagon War Game Exposed a Critical US Aluminum Risk Months Before Iran Attacks

(Bloomberg) -- Last summer, about 80 government officials and industry executives gathered in Washington to answer a key question: How would the US aluminum supply chain hold up in the event of a major global conflict?Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Splur

Bankers Are Betting on Supersize Bonuses This Year With Profits Surging
The Wall Street Journal14d agoneutral
Bankers Are Betting on Supersize Bonuses This Year With Profits Surging

Traders and investment bankers are reigning supreme on Wall Street, at least if you’re judging by their bonuses. The outsize rewards for traders and investment bankers seem all but guaranteed, with big banks raking in bumper profits this year from volatile markets and huge stock offerings, including the stock-market debut of Elon Musk’s   SpaceX and Google parent Alphabet’s  $80 billion equity financing. “Banks are leading the way for the first time in a while,” said Alan Johnson, founder and managing director of Johnson Associates.

AI CapEx fears: Is big tech overspending?
Yahoo Finance Video14d agoneutralVIDEO
AI CapEx fears: Is big tech overspending?

Host Kenny Polcari joins Man Group Chief Market Strategist Kristina Hooper and Legato Financial CIO Ryan Kelly to debate the risks of massive AI CapEx spending and how a hawkish Federal Reserve could impact markets ahead of the midterms.

Bloomberg14d agoneutral
Private Capital Rushes to Fund AI Buildout in Emerging Markets

(Bloomberg) -- Private investors are pouring growing sums into artificial intelligence projects across the developing world, pushing deal volumes to record highs in the first half of 2026. Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Splurge Puts a Damper on Debut Ear

Moderna Advances Ebola Vaccine Into Human Testing
Benzinga14d agoneutral
Moderna Advances Ebola Vaccine Into Human Testing

Moderna Inc. (NASDAQ:MRNA) stock rose in Wednesday premarket trading after gaining 3.4% in the previous session, as investors reacted to the company’s latest progress in expanding its infectious disease pipeline with an investigational Ebola vaccine. Moderna Begins Phase 1 Trial For Ebola Vaccine Moderna has initiated a Phase 1 clinical trial evaluating mRNA-1469, an investigational vaccine designed to prevent Bundibugyo ebolavirus disease, for which no licensed vaccines currently exist. The stu

Nvidia bankrolls its rivals
Axios14d agoneutral
Nvidia bankrolls its rivals

Nvidia is weighing more than $750 billion in AI investments, financing deals and partnerships — betting that any growth in the compute market will ultimately benefit its chip business.

Investing.com14d agoneutral
New report warns China transceiver ban would hurt U.S. AI giants

Investing.com - Chinese optical module makers control roughly two-thirds of global transceiver supply, and no Western alternative can absorb that volume within the next one to two years, Counterpoint Research warned — a finding that casts doubt on whether a proposed U.S. import ban can be executed without damaging the AI infrastructure buildout it is meant to protect.

How Intel's Earnings Turned AMD's Beat Into A Sell-Off
Benzinga14d agoneutral
How Intel's Earnings Turned AMD's Beat Into A Sell-Off

Advanced Micro Devices Inc. (NASDAQ:AMD) stock fell nearly 9% in premarket trading Wednesday as investors appeared to want a stronger forward outlook following the chipmaker’s second-quarter results. The sell-off came even after AMD reported second-quarter revenue of $11.54 billion, topping the Wall Street estimate of $11.28 billion. However, much of the market’s attention shifted to the company’s outlook, particularly expectations for Helios, its upcoming rack-scale AI platform. Futurum Group C

Telecom Stocks Slip After SpaceX Takes Aim at Their Market Share
The Wall Street Journal14d agoneutral
Telecom Stocks Slip After SpaceX Takes Aim at Their Market Share

SpaceX is coming for large U.S. telecom providers. During the company’s first earnings call, SpaceX President Gwynne Shotwell referenced the revenue that AT&T, Verizon Communications and T-Mobile US pull in, and said Starlink would take aim at their subscribers.

Middle East optimism lifts sentiment as SpaceX and AMD earnings dominate attention: Dow Jones, S&P, Nasdaq, Wall Street Futures
InvestorsHub14d agoneutral
Middle East optimism lifts sentiment as SpaceX and AMD earnings dominate attention: Dow Jones, S&P, Nasdaq, Wall Street Futures

US stock futures edged higher on Wednesday as investors reacted to renewed hopes of easing tensions in the Middle East, while corporate earnings from SpaceX (NASDAQ:SPCX), Advanced Micro Devices (NASDAQ:AMD) and Novo Nordisk (NYSE:NVO) drove significant pre-market trading. Although geopolitical developments supported overall market sentiment, investors also assessed company-specific news, particularly Elon Musk’s latest comments, which weighed on both SpaceX and AMD shares.

Bloomberg14d agoneutral
Tech Melt-Up Drives $3.5 Trillion Nasdaq 100 Gain in Four Days

(Bloomberg) -- A dramatic turnaround in technology stocks has powered a $3.5 trillion increase in the Nasdaq 100’s market capitalization in just four days, driven by strong earnings that have emboldened investors about the AI outlook.Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealTaco Bell Met With Michigan on Parasite Weeks Before RecallBeer Dynasty Families Sell €731 Million Stake in AB InBevChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersS

Why Qnity Electronics (Q) Is Up 10.8% After Raising 2026 Sales Outlook Amid Profit Squeeze
Simply Wall St.14d agoneutral
Why Qnity Electronics (Q) Is Up 10.8% After Raising 2026 Sales Outlook Amid Profit Squeeze

Qnity Electronics, Inc. reported past second-quarter 2026 results showing higher sales of US$1,429 million versus US$1,170 million a year earlier, but lower net income of US$124 million compared with US$188 million. The company coupled this mixed profit picture with a raised full-year 2026 net sales outlook to US$5.55 billion–US$5.65 billion and a series of collaborations in semiconductor research, manufacturing and talent development that could influence its longer-term...

Stocks to Watch: SpaceX, AMD, Disney
The Wall Street Journal14d agoneutral
Stocks to Watch: SpaceX, AMD, Disney

↘️ Space Exploration Technologies (SPCX): Elon Musk’s space company said its capital expenditures hit $18.4 billion in its most recent quarter. Shares fell 9% in premarket trading. ↘️ Advanced Micro Devices (AMD): The chip maker's stock tumbled premarket following Musk's comments that SpaceX would no longer buy AMD chips.

Is Zeta Global Holdings (ZETA) Cheap After Earnings And Raised Guidance?
Simply Wall St.14d agoneutral
Is Zeta Global Holdings (ZETA) Cheap After Earnings And Raised Guidance?

Why Zeta Global Holdings Stock Is Back in Focus After Its Latest Earnings Zeta Global Holdings (ZETA) is drawing fresh investor attention after reporting second quarter 2026 results and updating its outlook for the rest of the year. The earnings release and raised guidance provide new data points to assess the stock. See our latest analysis for Zeta Global Holdings. The earnings beat on revenue and raised guidance arrive while Zeta Global Holdings’ share price has been strong, with a 90 day...

Crypto Weekly: Coinbase feels crypto squeeze, South Africa's new rules
Reuters Videos14d agoneutralVIDEO
Crypto Weekly: Coinbase feels crypto squeeze, South Africa's new rules

<body><p>STORY: From crypto giants feeling the squeeze to South Africa's new crypto rules...</p><p>This is Crypto Weekly.</p><p>:: Crypto Weekly</p><p>:: Coinbase posts third straight quarterly loss</p><p>Coinbase posted a third straight quarterly loss.</p><p>The crypto giant saw a drop of close to $360 million for the quarter ended June 30 - well down from a profit of $1.43 billion a year earlier.</p><p>Crypto markets came under pressure during the April-to-June quarter.</p><p>Investors turned away from riskier assets due to uncertainty over U.S. interest rates, geopolitical tensions and outflows from crypto investment products.</p><p>:: Trump-backed American Bitcoin swings to quarterly loss</p><p>American Bitcoin was another company to feel the mood sour around crypto.</p><p>The bitcoin miner is backed by two of U.S. President Donald Trump's sons.</p><p>Its net loss hit just over $57 million as bitcoin prices slid 11% from April to June.</p><p>:: South Africa drafts new crypto rules</p><p>South Africa took a step closer to bringing crypto into its financial rulebook.</p><p>The country released draft guidelines for the first time on&nbsp;when moving crypto across borders becomes a regulated and reportable event.</p><p>The draft Crypto Asset Manual was published jointly by the National Treasury and the South African Reserve Bank, and comes as crypto use widens in the country.</p><p>:: Robinhood Markets sees weakness in crypto trading</p><p>And Robinhood Markets beat Wall Street estimates for second-quarter profit.</p><p>It saw strong trading in equities, options and prediction markets, but weakness in crypto trading.</p><p>Analysts argue the quick expansion of prediction markets has turned investor focus away from crypto.</p><p>And market watchers now expect the prediction sector to play an even more key role in Robinhood's revenue mix.</p></body>