WS #13472
SpaceX beats Q2 expectations but shares fall 7% on $18.4B capex; Nvidia gains 3% as Musk names it exclusive AI chip partner, reinforcing the AI infrastructure supercycle. Google chief scientist Jeff Dean departs after 27 years and DeepMind CEO Demis Hassabis steps down, triggering a 5% drop in GOOGL as markets react to AI leadership uncertainty.
SpaceX Earnings and AI Capex
SpaceX beats Q2 expectations but shares fall 7% on $18.4B capex; Nvidia gains 3% as Musk names it exclusive AI chip partner, reinforcing the AI infrastructure supercycle.
Google chief scientist Jeff Dean departs after 27 years and DeepMind CEO Demis Hassabis steps down, triggering a 5% drop in GOOGL as markets react to AI leadership uncertainty.