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20.10.26 - 22:48
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SpaceX Earnings Blow Past Wall Street Estimates (Bloomberg)
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SpaceX is blowing past all Wall Street expectations in its second earnings report as a public company. Elon Musk's company posted its first quarterly profit — $4.4 billion, or 35 cents a share, more than double estimates — while spending nearly $20 billion on capex. Ross Gerber of Gerber Kawasaki Wealth and Investment Management, is a shareholder. He says SpaceX should just buy Tesla now. (Source: Bloomberg)...
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20.10.26 - 19:36
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Wall Street climbs as healthcare stocks hit record, oil prices ease (Times of India)
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Wall Street's primary indices saw an uptick, primarily driven by healthcare stocks reaching all-time highs amid falling oil prices. Investors are scrutinizing corporate earnings, with increasing worries about artificial intelligence expenditure impacting market stability. Significant advances from companies like Eli Lilly and Equifax boosted overall market performance. Nevertheless, General Motors and Steel Dynamics struggled with elevated costs and missed profit expectations....
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20.10.26 - 17:54
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Wall Street′s AI Debt Fears Deepen (Bloomberg)
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CoreWeave stock fell more than 3% in premarket trading Tuesday as concerns over the AI cloud provider's rising borrowing costs and heavy debt continued to weigh on investor sentiment.
Tyler Radke, Co-Head US Software Equity Research at Citi, discusses the AI boom and risks to the market as AI debt concerns grow. (Source: Bloomberg)...
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