WS #13423
SpaceX's Q2 beat ($7.8B revenue, +92%) was overshadowed by surging AI costs and insider selling, but Musk's exclusive Nvidia GPU commitment and expected 'significant percentage' of next-gen GPUs is a bullish NVDA catalyst. AMD beat with record $11.5B revenue and raised Q3 guidance, but shares fell on capex surging to $808M (vs $298.6M est) and free cash flow margin decline, reinforcing AI-capex scrutiny. Jeff Bezos sold 15M AMZN shares (~$4.1B) after stock hit all-time high, a pre-arranged plan but notable at record valuation.
SpaceX AI capex and NVDA catalyst
SpaceX's Q2 beat ($7.8B revenue, +92%) was overshadowed by surging AI costs and insider selling, but Musk's exclusive Nvidia GPU commitment and expected 'significant percentage' of next-gen GPUs is a bullish NVDA catalyst.
AMD beat with record $11.5B revenue and raised Q3 guidance, but shares fell on capex surging to $808M (vs $298.6M est) and free cash flow margin decline, reinforcing AI-capex scrutiny.
Jeff Bezos sold 15M AMZN shares (~$4.1B) after stock hit all-time high, a pre-arranged plan but notable at record valuation.