WS #13487
SpaceX reported H1 capex of $28.5B (4x YoY) on AI, causing shares to drop ~12-13% despite revenue beat; Musk said SpaceX will use Nvidia Vera Rubin exclusively, boosting NVDA. Meta released its first AI coding agent, Muse Code, to compete with OpenAI and Anthropic, with pay-as-you-go pricing. SolarEdge crashed 28% on soft Q3 guide despite double beat; Uber slid ~7% on light Q3 bookings guidance. Jeff Dean and other top Google AI researchers left to launch Discovery Loop, an AI-for-science startup, signaling potential talent drain at GOOGL.
SpaceX earnings and AI capex
SpaceX reported H1 capex of $28.5B (4x YoY) on AI, causing shares to drop ~12-13% despite revenue beat; Musk said SpaceX will use Nvidia Vera Rubin exclusively, boosting NVDA.
Meta released its first AI coding agent, Muse Code, to compete with OpenAI and Anthropic, with pay-as-you-go pricing.
SolarEdge crashed 28% on soft Q3 guide despite double beat; Uber slid ~7% on light Q3 bookings guidance.
Jeff Dean and other top Google AI researchers left to launch Discovery Loop, an AI-for-science startup, signaling potential talent drain at GOOGL.