All eyes were on ***** e Exploration Technologies (NASDAQ: SPCX) stock this week as it reported its first results since going public.
For the 2026 second quarter, ***** eX trounced Wall Street expectations on both the top and bottom lines. ***** ysts were looking for a $0.26 loss per share on $6.9 billion in revenue, and the company reported a $0.09 loss per share on $7.8 billion in revenue, a 92% year-over-year increase.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Despite what appears to be positive financials, the stock fell 12% after the report. The number that stood out to the market was $18.4 billion. That was the capital expenditures (capex) in the quarter, and the market was none too pleased with it.
SpaceX investors think the company is going to the moon, and they want to be a part of it. However, if you dig deeper, the company sees its main opportunities in artificial intelligence (AI), and that's what investors are really getting. Management was clear about this in its investing prospectus, citing a $28.5 trillion market opportunity, with $26.5 trillion of it in AI. This is what came out of the first earnings report, as well.
#first #billion #reported
For the 2026 second quarter, ***** eX trounced Wall Street expectations on both the top and bottom lines. ***** ysts were looking for a $0.26 loss per share on $6.9 billion in revenue, and the company reported a $0.09 loss per share on $7.8 billion in revenue, a 92% year-over-year increase.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Despite what appears to be positive financials, the stock fell 12% after the report. The number that stood out to the market was $18.4 billion. That was the capital expenditures (capex) in the quarter, and the market was none too pleased with it.
SpaceX investors think the company is going to the moon, and they want to be a part of it. However, if you dig deeper, the company sees its main opportunities in artificial intelligence (AI), and that's what investors are really getting. Management was clear about this in its investing prospectus, citing a $28.5 trillion market opportunity, with $26.5 trillion of it in AI. This is what came out of the first earnings report, as well.
#first #billion #reported
1 month ago
