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Trading in SpaceX Options Jumps
The Wall Street Journal9d agobullish
Trading in SpaceX Options Jumps

Trading in SpaceX options ramped up yesterday, hitting the highest level since mid-June. Some of the most actively-traded bets were put options pegged to the shares falling to $100 or $105, Cboe Global Markets data show.

Bloomberg9d agobullish
Asian Stocks Set for Declines as AI Rally Cools: Markets Wrap

(Bloomberg) -- Stocks in Asia were poised to ease Thursday as investors digested gains in technology shares while watching for fresh signs of progress toward a deal to reopen the Strait of Hormuz.Most Read from BloombergIran Says Agreement on Hormuz Shipping Reached With OmanSpaceX’s AI Splurge Puts a Damper on First Earnings After IPOTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersTaco Bell Met With Michigan on Parasit

SpaceX's earnings beat runs into a $116bn problem
Proactive10d agobullish
SpaceX's earnings beat runs into a $116bn problem

SpaceX Corp (NASDAQ:SPCX) did almost everything investors had asked of it in its first quarterly report as a public company, and the shares fell anyway. Revenue of $7.8 billion for the April to June quarter came in ahead of the $6.81 billion analysts had pencilled in, and adjusted earnings...

SpaceX revenue jumps 92% in first earnings report, but shares slide
AFP10d agobullish
SpaceX revenue jumps 92% in first earnings report, but shares slide

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first post-IPO earnings report, but shares tumbled as investors remained skeptical about the company's ability to deliver on lofty promises. Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said. 

SpaceX revenue jumps 92% in first earnings report
AFP11d agobullish
SpaceX revenue jumps 92% in first earnings report

SpaceX's revenue jumped 92 percent in the second quarter, beating analyst expectations by around $1 billion in its first earnings report since going public in June, the company announced Tuesday.Investors remain skeptical even with SpaceX beating expectations, Emarketer Senior Analyst Gadjo Sevilla told AFP.  "I don't think people want to hear promises about the next five years or a mission to Mars," Sevilla said.