EARNINGSSTORY 539· AUGUST 5, 2026

SpaceX falls 10% as AI spending rattles investor confidence

An AI spending surge, meaning the rapid increase in capital that companies are committing to artificial intelligence before those investments generate returns, pushed SpaceX down 10% and un

NDNewsDialy Desk2 MIN READPLTR

SOURCE

cnbc.com

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Oracle's cloud business doubled as AI demand pushed earnings past Wall Street's expectations

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