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Company posts $7.81bn in revenue, a jump of 92%, after share prices crashed following IPO debutFor the first time since SpaceX went public, the world is getting a first-hand look into the trillion-dollar corporation’s financials. The Elon Musk-run business reported its second-quarter earnings on Tuesday, saying that its revenue jumped 92% since June.SpaceX beat Wall Street expectations, reporting $7.81bn in revenue, versus analysts’ predictions of $6.93bn. While expansive, the company

S&P 500 shot up 1.8% and the main measure of Wall Street’s health topped its prior all-time high set a few months agoThe US stock market rallied to records on Tuesday as profits kept piling up for companies and as oil prices eased.The S&P 500 shot up 1.8%, and the main measure of Wall Street’s health topped its prior all-time high set a couple months ago. The Dow Jones industrial average added 907 points, or 1.7%, to its own record set the day before, while the Nasdaq composite

As ações disparam com receita anual em alta de 93%, enquanto cresce oposição ao papel da empresa na agenda de imigração de Trump.

Gigantes da tecnologia surpreendem Wall Street com resultados acima do esperado, mesmo em meio à cautela de investidores com o setor. Apple fatura US$ 109,4 bilhões no trimestre.

Mesmo com uma campanha intensa do CEO promovendo a inteligência artificial, a Meta decepcionou Wall Street no segundo trimestre e viu suas ações despencarem quase 8%.

As ações da empresa de Elon Musk caem mais de 3% na negociação após o horário de funcionamento, já que o lucro por ação fica abaixo das expectativas de Wall Street. Tesla divulgou resultados do segundo trimestre com lucros muito menores do que o esperado.

A medida permitiria que empresas de Wall Street e outras instituições lucrassem potencialmente ao ver os posts do presidente em primeiro lugar. A empresa de mídia de Donald Trump planeja cobrar por acesso especial de alta velocidade a posts no Truth Social, incluindo possivelmente os seus próprios, afetando a segurança nacional e os mercados financeiros.

Elizabeth Warren asked Jamie Dimon if he took advice from child sex offender while lobbying against UK tax on bankers’ bonusesA leading Democratic senator has written to the JP Morgan Chase boss Jamie Dimon to request clarification on the bank’s contact with the child sex offender Jeffrey Epstein.Elizabeth Warren, the top Democrat on the senate banking committee, wrote to the Wall Street grandee last week to ask if he took advice from Epstein while lobbying against a UK tax on banker b

SK hynix, a supplier of advanced memory chips, has seen profits skyrocket thanks to the global race to build AI datacentresSouth Korean chip maker SK hynix set pricing for its mega US listing on Friday, aiming to raise $26.5bn as it takes advantage of the AI boom in what will be one of the world’s biggest ever stock sales.The Asian semiconductor giant plans to issue the equivalent of about 18m shares on Wall Street’s tech-heavy Nasdaq index later in the day. Continue reading...