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SpaceX dives 9% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
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Private companies added just 44,000 workers in July, below expectations, ADP reports
Hiring at private companies slowed considerably in July, with most of the job growth coming health care.
Amazon's Zoox to launch paid robotaxi service in Las Vegas on Aug. 10
It's the company's first commercial market after Zoox started offering free rides to the public in parts of Las Vegas and San Francisco less than a ye...
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Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from previous guidance of $82 billion to $85 billion.
CVS blows past estimates, hikes guidance as insurance unit continues to improve
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
SpaceX shares sink after first earnings report reveals huge AI spending plans
Elon Musk told investors that people were "underestimating" his company.
AMD sinks 5% despite earnings beat, strong data center revenue
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.
Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
SpaceX dives 12% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
AMD sinks 7% despite earnings beat, strong data center revenue
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
Abdul El-Sayed emerges as likely winner in Michigan Democratic Senate primary
Abdul El-Sayed is the likely winner in the Michigan Democratic Senate primary, setting up a context with former Rep. Mike Rogers in the November gener...