WS #13380
SpaceX reports its first quarterly earnings after the bell, with stock down ~50% from record high and ~15% below IPO price, as investors scrutinize cash burn and AI spending. Apple seeks preliminary injunction against OpenAI over alleged trade secret theft, while OpenAI publicly disputes the claims, creating legal overhang for both companies. Palantir beat Q2 estimates and raised 2026 revenue outlook by ~$500M, but stock closed below key SMAs, signaling short-term bearish technicals.
SpaceX first earnings as public company
SpaceX reports its first quarterly earnings after the bell, with stock down ~50% from record high and ~15% below IPO price, as investors scrutinize cash burn and AI spending.
Apple seeks preliminary injunction against OpenAI over alleged trade secret theft, while OpenAI publicly disputes the claims, creating legal overhang for both companies.
Palantir beat Q2 estimates and raised 2026 revenue outlook by ~$500M, but stock closed below key SMAs, signaling short-term bearish technicals.