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A sixfold jump in capital spending overshadowed stronger results and a more ambitious long-term revenue target.

(Updates with latest market prices and developments.) US benchmark equity indexes were mixed intr

SpaceX reported its first quarterly results as a public company, beating on revenue but falling 11% as investors focused on heavy capital spending. Its 18,712 bitcoin lost roughly $195 million in value during the quarter. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."

SpaceX stock has been weak for weeks. Analysts are sticking with their price targets. The average analyst price target for SpaceX stock is about $227 a share, according to FactSet, down $1 since SpaceX reported better-than-expected second-quarter numbers on Tuesday evening.

Nvidia Stock Rises as SpaceX Picks It Over AMD for AI Infrastructure

Investors are focused on whether SpaceX will be able to deliver on its ambitious artificial intelligence agenda.

On Aug. 5, 2026, new highs across major indexes reflect renewed confidence in global trade as investor confidence starts to return.

(Updates with index/price moves and company/geopolitical news from the first paragraph.) US equit

CEO Abel Avellan said the launch shows steady progress toward a space-based cellular network built for scale and that beta services are planned for later this year. Retail sentiment around ASTS improved after SpaceX’s second-quarter earnings on Tuesday. Shares of AST SpaceMobile (ASTS) traded lower on Wednesday after a sharp rally the previous day, as investors digested a successful satellite launch alongside broader space-sector moves.

It can still get uglier for SpaceX.

Tech stocks were taking a breather during Wednesday's session after leading yesterday's rally. The Nasdaq Composite was down 0.3%, while the S&P 500 fell to the flatline. The second-quarter earnings season is ongoing, and companies that deliver beats on the top and bottom lines have seen muted stock reactions.

US equities were mixed and crude oil eased in late-morning trading Wednesday as investors remained h

SpaceX's stock slide continues, and it may be a gift for investors.

SpaceX (SPCX) erases $205 billion in market value on Wednesday following its first-ever earnings release, with its AI spending forecasts weighing heavily on investors' minds. BofA Securities senior aerospace and defense analyst Ron Epstein comes on Market Domination to discuss his biggest takeaways from SpaceX's results.

SpaceX is on course to burn $50 billion this year. That's a surprise.

SpaceX is pouring billions into AI while renting out its data centers to rivals, yet its models trail the competition and its consumer apps barely register. Something does not add up.

AllianceBernstein global head of ETF strategy and partnerships, Julie Gunts, sits down with Yahoo Finance's Julie Hyman to discuss the dynamic between the tech sector, earnings, and ETF flows.

Both companies face a challenging road ahead.

SpaceX just posted one of the most impressive earnings reports in recent memory, and the stock is getting crushed anyway. Two converging forces are threatening to swamp even the strongest bull case, and one of them hasn't even hit yet.

AMD just posted a record quarter and the stock is tanking anyway, while NVIDIA is surging on a surprise deal that doubles as a direct shot at AMD's biggest ambitions.

Stocks kicked off Wednesday's session higher, extending the week's broad rally. The S&P 500 was on pace to set another record high, up 0.6%. The Dow Jones Industrial Average rose 1.1% or 600 points, also on track for a fresh record.

Investors have plenty of reasons to be uncertain right now. But that has not wholly shaken companies' faith in their ability to deliver strong earnings growth this year.

SpaceX’s AI infrastructure business reached 1.4 GW of nameplate capacity as compute spending drove quarterly capital expenditures above $18 billion.

SpaceX stock (SPCX) is losing altitude and shedding yesterday's stock gains over the AI spending forecasts reported in its first-ever earnings release. Morning Brief Host Julie Hyman is joined by Yahoo Finance Senior Reporter Pras Subramanian and Breaking News Reporter Jake Conley to break down SpaceX's negative stock moves.

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.4% and the actively trad

SpaceX bears have taken over, with good reason.

Stock Market Today: The Dow Jones index rises Wednesday after surprise jobs data. AMD stock and SpaceX plunge on earnings.

(Updates with economic data, recent oil price movement, world markets' overview and corporate stock

SpaceX Eyes Major Starship Milestone With First Attempt at Landing the Upper Stage

Revenue rose 92% and beat estimates in the first report as a public company