SpaceX reported earnings for the first time in its 24-year history, revealing an exceptionally high capital expenditure on AI, which accounted for 86% of total spending. This led to an 11% drop in the stock price immediately after the report. Despite the market's negative reaction, analysts believe the fundamental business remains strong and that market sentiment is shifting positively. As a result, the stock has been upgraded to a Buy, anticipating short-term momentum following the earnings report and upcoming stock unlock events.
Volatility in major tech stocks, driven by AI excitement, has declined as the U.S. bond market gains attention with 10-year Treasury yields nearing 5%. This shift reflects growing investor concern over inflation, higher oil prices, and Federal Reserv...
Wells Fargo analyst Steven Cahall suggests SpaceX's expansion into wireless won't severely damage carriers but will pressure their pricing and margins. SpaceX's satellite-based network requires less ground infrastructure, meaning tower REITs and cabl...
The 2026 IPO wave, led by AI-focused companies like Coreweave, is drawing comparisons to the late-stage exuberance of the 1999 Internet Boom and the 2021 SPAC surge. Coreweave raised $1.5 billion despite significant losses, and shares have since drop...
SpaceX stock fell 5% following the release of a $47.2 billion tranche of insider shares becoming sellable after the company's IPO lockup period. This large supply overhang pressured not only SpaceX but also other space-related stocks like AST SpaceMo...
An Anthropic safety researcher stated there is more than a 10% chance that AI could kill all humans within the next decade, highlighting serious concerns about AI safety and control. Another Anthropic employee resigned, accusing AI labs like Anthropi...
