U.S. markets ended last week higher as the Federal Reserve held interest rates steady, despite some dissent. This week features key economic data including Friday's July jobs report and manufacturing activity, alongside major earnings from SpaceX, AMD, Palantir, and others. Investors will watch Fed speeches for hints on future policy and corporate results for insights on AI demand and economic trends. The market remains in a long-term uptrend, with trading likely driven by data and earnings outcomes.
ChatGPT analysis suggests early August is the best time for investors to sell SpaceX stock, ahead of the company's first public earnings report on August 4 and a major lockup expiration on August 6. These events are expected to cause volatility, with...
Space Exploration Technologies Corp. (SpaceX) approaches its Q2 earnings report with a stretched valuation of $1.4 trillion and shares trading below its IPO price. The company's revenue growth heavily depends on short-term, high-value AI compute cont...
SpaceX is set to release its first quarterly earnings report as a public company, revealing deep unprofitability despite a $1.5 trillion valuation driven mainly by its Starlink segment. Starlink, which provides internet connectivity, is expected to g...
SpaceX shares fell to a new all-time low of $107.01 in July, dropping below their IPO price amid concerns over the company's stretched valuation and large losses. Despite expectations of revenue growth, analysts remain cautious ahead of SpaceX's firs...
Rep. Frank Pallone, ranking member of the House Committee on Energy, has demanded SpaceX CEO Elon Musk provide records and a tour of the company's AI data centers and power plants in Memphis, Tennessee. Pallone alleges that SpaceX's use of natural ga...
