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Musk likely to face tough questions during SpaceX's first earnings call as a public company
Associated Press4d agoneutral
Musk likely to face tough questions during SpaceX's first earnings call as a public company

Investors in Elon Musk's space company get a chance to question him Tuesday after SpaceX issues its first quarterly earnings since going public. SpaceX shares are down by half from their June peak as investors worry Musk may have oversold them on its future prospects. Part visionary engineer, part stock salesman, Musk is likely to be asked about when he expects to finish testing SpaceX's giant Starship rockets that NASA hopes to use to put men on the moon again, his plans for its satellite network and the prospects of putting football-field sized datacenters in orbit.

Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices
The Wall Street Journal4d agoneutral
Diamondback Energy Lifts Production Guidance, Reports Surging Profit on High Oil Prices

Diamondback Energy lifted its production outlook and reported a surging second-quarter profit, as it benefited from the run-up in oil prices following the start of the war in Iran. The oil and natural gas company said it now plans to produce at least 522,000 barrels of oil a day. It expects total production guidance to be at least 1,000,000 barrels of oil equivalent per day, up from a prior forecast of 972,000.

Exxon (XOM) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks4d agoneutral
Exxon (XOM) Reports Q2 Earnings: What Key Metrics Have to Say

While the top- and bottom-line numbers for Exxon (XOM) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

SpaceX Has a Bit of an 'Identity Crisis,' Zhu Says
Bloomberg4d agoneutralVIDEO
SpaceX Has a Bit of an 'Identity Crisis,' Zhu Says

Moffettnathanson Research Analyst Julie Zhu says SpaceX almost has an "identity crisis." Elon Musk's company is set to report its first-ever quarterly earnings results on Tuesday after going public this summer. Zhu talks about what the team is looking for on "Bloomberg The Close."

SpaceX faces its first earnings test days before $100bn of stock is freed
Proactive4d agoneutral
SpaceX faces its first earnings test days before $100bn of stock is freed

Results land on Tuesday, with the first insider lock-up expiring on Thursday and the shares below their float price SpaceX Corp (NASDAQ:SPCX) will publish its first set of results as a listed company after the closing bell in New York on Tuesday, two days before the first tranche of insider...

Snap Loss Narrows on Higher Revenue After Cost Cuts
The Wall Street Journal4d agobearish
Snap Loss Narrows on Higher Revenue After Cost Cuts

Chief Financial Officer Doug Hott said in prepared remarks that changes to the company’s cost structure are increasingly visible in its results, with its total adjusted cost structure rising just 4%.

Palantir delivers Q2 beat, lifts full-year guidance
Yahoo Finance Video4d agobullishVIDEO
Palantir delivers Q2 beat, lifts full-year guidance

Market Domination Overtime Host Josh Lipton breaks down Palantir's (PLTR) second-quarter earnings, highlighting across-the-board beats and a stronger full-year guidance outlook as the AI software company continues to exceed Wall Street expectations.

Associated Press4d agoneutral
How major US stock indexes fared Monday 8/3/2026

The Dow Jones Industrial Average added 1.3% to set a record of its own, and the Nasdaq composite climbed 2.1%. Brent crude’s price fell 4.7% after President Donald Trump said he would hold off on ordering new strikes against Iran. The Nasdaq composite rose 540.04 points, or 2.1%, to 25,913.90.