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LATEST

Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company●SpaceX's lockup expiry tomorrow could trigger record insider selling: 'We're in uncharted waters'●Zimmer Biomet reports 4.8% YoY revenue uptick in Q2; raises 2026 outlook●Amazon says it will share $600 million in Trump tariff refunds with some of its customers — will you get a payout?●SpaceX’s own ambitions just became Rocket Lab’s opportunity●7 Dividend Stocks You Must Buy Immediately to Get Paid in August●The Shai-Hulud npm worm didn't fake its security check — it earned a legitimate one●‘If Clarity Dies, Democrats Killed It’: Lummis Urges Senate to Act on Crypto Bill Before Recess●Google chief scientist Jeff Dean leaving in AI reshuffle after 27 years at company●SpaceX's lockup expiry tomorrow could trigger record insider selling: 'We're in uncharted waters'●Zimmer Biomet reports 4.8% YoY revenue uptick in Q2; raises 2026 outlook●Amazon says it will share $600 million in Trump tariff refunds with some of its customers — will you get a payout?●SpaceX’s own ambitions just became Rocket Lab’s opportunity●7 Dividend Stocks You Must Buy Immediately to Get Paid in August●The Shai-Hulud npm worm didn't fake its security check — it earned a legitimate one●‘If Clarity Dies, Democrats Killed It’: Lummis Urges Senate to Act on Crypto Bill Before Recess●

Asia

SpaceX shares plunge 13% as AI spending overshadows earnings beat; down over 50% from post-listing peak

mint - markets · 2h ago · 🇮🇳 India

SpaceX shares plunge 13% as AI spending overshadows earnings beat; down over 50% from post-listing peak

SpaceX shares dropped 13% to $109.21, despite exceeding revenue expectations. Investors focused on increased AI spending, totaling $18.4 billion, significantly impacting cash flow. The AI segment generated $2.6 billion but faced a $1.26 billion loss. SPAC's stock is now down 40% since its IPO.

Read the full story at mint - markets →

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