SpaceX shares have fallen 17% despite strong growth in AI infrastructure, which generated $2.6 billion in Q2 revenue and $1.1 billion in adjusted EBITDA. The company is expanding its Starship program to connect Starlink V3, enhancing mobile connectivity and future orbital computing opportunities. SpaceX trades near 45 times forward sales, though consensus expects valuation to compress to about 38 times by fiscal year 3. A near-term supply risk arises as up to 328.4 million shares become eligible for sale on September 24, potentially impacting the stock despite improving business fundamentals.
SpaceX shares and related technology stocks provide context for Pluang's market snapshot. As of Sep 23, 2026 03:12 WIB, 92 of 150 technology stocks rose while 58 fell. Notable movers include Twilio Inc (TWLO) at USD 285.00 with a 7.12% increase and a typical hold time of 57 days, Shopify Inc. (SHOP) at USD 147.60 up 7.02%, and Taskus Inc (TASK) at USD 8.61 rising 6.03%.
BMO Capital initiated coverage on Tenet Healthcare with a 'Market Perform' rating, indicating the stock is expected to perform in line with the broader market. The company is forecasted to report a 24.05% increase in Earnings Per Share (EPS) to $4.59...
Jaguar Health (JAGX) surged over 1,150% after the FDA granted fee waivers for its drugs Mytesi and Canalevia-CA1, signaling regulatory support. Greenland Mines (GRML) rose nearly 50% amid growing investor interest linked to U.S.-Greenland security de...
The market experienced a downturn with significant losses among key stocks. New Fortress Energy dropped 24.7% amid ongoing volatility in energy sectors, while Xanadu Quantum Technologies fell 21.7% reflecting sensitivity in quantum stocks to commerci...
Jefferies maintains a Hold rating on Capri Holdings due to uncertainty over a potential takeover. Despite a flat global luxury market, Capri's management expects growth in the second half of 2026, driven by new product launches, increased marketing, ...
WTI crude oil prices fell to a new low of $92.87, testing a critical support zone between $93.59 and $94.74. This area includes the 20-day moving average and a 50% retracement level from the prior advance. If this support breaks, the next target is t...
