WS #13468
SpaceX beat big on revenue/AI but shares fell on 6x capex to $18.4B and a moon crash; Wells Fargo cut PT to $215, BNP sees read-through to neoclouds and NVDA. Abdul El-Sayed won Michigan Senate primary; William Lawrence won House primary on datacenter moratorium platform, signaling potential tech regulation risk. Google considers $1.5B Mechanize deal for AI coding; plans to kill Assistant on Sept 4, pushing users to Gemini; GOOGL technical reset -20% vs SPX. Massive $5.5M call sweep on ALAB after double-beat earnings; RBC raises PT to $500.
SpaceX earnings and AI capex shock
SpaceX beat big on revenue/AI but shares fell on 6x capex to $18.4B and a moon crash; Wells Fargo cut PT to $215, BNP sees read-through to neoclouds and NVDA.
Abdul El-Sayed won Michigan Senate primary; William Lawrence won House primary on datacenter moratorium platform, signaling potential tech regulation risk.
Google considers $1.5B Mechanize deal for AI coding; plans to kill Assistant on Sept 4, pushing users to Gemini; GOOGL technical reset -20% vs SPX.
Massive $5.5M call sweep on ALAB after double-beat earnings; RBC raises PT to $500.