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News 2026-08-06 13:13 UTC

Stock Market Today: Dow Futures Gain, Nasdaq 100 Tumbles as Hormuz Deal Talks Progress—SpaceX, SanDisk, Applovin in Focus (UPDATED)

(Editor’s note: The ETFs data was updated and economic data was added.) U.S. stock futures were mixed on Thursday, as the Dow Jones and S&P 500 indices rose and the Nasdaq 100 index declined, following Wednesday’s mixed close. Fresh economic data signaled a resilient labor market alongside steady economic output, as pr

News 2026-08-06 11:39 UTC

SpaceX Stock Primed for Massive 122% Upside, JPMorgan Says

Shares of SpaceX (NASDAQ: SPCX ) fell almost 14% Wednesday as the company’s second-quarter financial results, which revealed higher-than-expected capital spending, undermined investor sentiment. One analyst is pleased with the rockets-to-AI firm’s updated post-IPO goals. The SpaceX Analyst JPMorgan’s Doug Anmuth reiter

News 2026-08-06 11:34 UTC

Gene Munster Predicts SpaceX Could Generate $135 Billion In Annual Revenue— Well Above Wall Street's Forecast: 'The Dust Is Settling...'

Investor Gene Munster of Deepwater Asset Management has backed Space Exploration Technologies Corp. (NASDAQ: SPCX ), saying that the company’s revenue will grow in the coming year. SpaceX Revenue Up 17% In a post on X following SpaceX’s earnings call on Wednesday, Munster said that the company “only gave guidance for a