SpaceX shares fell after HSBC set a $115 price target, below its $135 IPO price, despite applying a 2x premium for Elon Musk's leadership. HSBC initiated coverage of SpaceX with a Hold rating and a $115 price target, just below the stock's $115.07 closing price on Friday.
Daily leverage resets in SPXL can erode returns even when the S&P 500 rises, due to volatility drag and compounding effects. The Direxion Daily S&P 500 Bull 3X Shares (SPXL) aims to deliver three times the daily performance of the S&P 500 but can lose money over time despi
Jamie Dimon cautions markets over looming economic shifts despite JPMorgan’s 47% year-over-year earnings surge. JPMorgan Chase reported second-quarter earnings of $7.70 per share, a 47% increase from $5.24 a year earlier and up 30% from the prior quarter. The results inclu
The telecom giant reported 20% EPS growth and increased its share repurchase plan by $2 billion amid a 5.1% stock gain. AT&T posted second-quarter earnings that exceeded expectations, with non-GAAP earnings per share rising to $0.65 from $0.54 a year earlier. Revenue grew
TXN projects Q3 revenue of $5.65 billion to $6.15 billion, reflecting 24.5% year-over-year growth amid rising AI infrastructure demand. Texas Instruments (NASDAQ: TXN) expects Q3 revenue between $5.65 billion and $6.15 billion, with a midpoint of $5.9 billion. This implies
Investors await Q4 results to assess $190 billion AI capex and Copilot adoption amid stock decline. Microsoft reports fiscal fourth-quarter earnings on July 29 after market close, with investors focused on its $190 billion capital expenditure plan for AI infrastructure. Th
The Schwab U.S. Dividend Equity ETF has doubled the S&P 500’s 10.36% gain in 2026, driven by large-cap value and energy exposure. The Schwab U.S. Dividend Equity ETF (SCHD) has returned 21.62% year-to-date as of July 21, 2026, outpacing the Vanguard S&P 500 ETF (VOO), whic
US equity futures rise after military strikes halt, while Brent crude falls 5% and gold climbs $35 to $4088. S&P 500 futures opened 60 points higher before paring gains to 50 points, as a pause in US-Iran tensions eased geopolitical risks. Nasdaq futures led the advance, u
Major companies report earnings before market open AstraZeneca PLC and Baker Hughes are among the companies releasing earnings Monday. Other notable companies include LVMH Moët Hennessy - Louis Vuitton and Alliance Resource Partners. These earnings reports
Tesla's Q2 revenue surged 26% year-over-year to $22.4 billion, accelerating past Ford's 6% growth amid operational shifts. Tesla reported a 26% year-over-year revenue increase to $22.4 billion for the quarter ended June 30, 2026, driven by strong electric vehicle demand an
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