SpaceX Slips After First Earnings Report; AMD Tumbles; Paramount Skydance Rallies
Today’s biggest winners and losers in the stock market. On this episode of Stock Movers: Shares of SpaceX (SPCX) fell in aftermarket trading after the company posted revenue that exceeded Wall Street’s estimates in the company’s first quarterly financial report following its blockbuster initial public offering in June. Elon Musk’s satellite, space and artificial intelligence conglomerate reported revenue of $7.8 billion on Tuesday, greater than than the $6.81 billion analysts polled by Bloomberg estimated on average. Still, capital expenditure jumped to about $18.4…
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