S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

SpaceX Shifts Strategy as Tech Stocks React to Mixed Earnings

After years of private operations, SpaceX has officially posted its first profit as a public entity, fueled by a surge in artificial intelligence revenue. This milestone coincides with Elon Musk confirming that internal committees at both SpaceX and Tesla are actively reviewing a potential merger between the two firms.

SpaceX Shifts Strategy as Tech Stocks React to Mixed Earnings

The market responded sharply to the news, pushing SpaceX shares up 8.3% to $160.00 in after-hours trading, while Tesla saw a more modest gain of 1.5% to reach $379.37. Beyond the aerospace and automotive sectors, broader tech volatility defined the session.

Netflix struggled to maintain momentum, with shares sliding 5.6% to $64.87. The decline follows a difficult third quarter marked by decelerating revenue growth, a series of significant layoffs, and the exit of two key content executives. Conversely, Super Micro Computer signaled robust health, jumping 16% to $37.53 after announcing that first-quarter revenues and gross margins will surpass previous projections due to unrelenting AI demand. Meanwhile, Intuitive Surgical faced a mixed reception; despite beating Wall Street’s expectations for revenue and adjusted earnings, the company’s stock dropped 6.9% to $407.60 following a substantial litigation charge that weighed on bottom-line profits.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!