SpaceX Shares Jump 9.5% After Reporting $4.4 Billion Quarterly Profit
SpaceX reported third-quarter net income of $4.4 billion on revenue of $14.6 billion, up 161% year over year. Its shares rose 9.5% to $161.82 at 9:35 a.m. ET.
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Stocks end week higher; bitcoin rises to about $82,300
U.S. indexes finished the week with gains, while bitcoin moved up to around $82,300. The update also noted Treasury yields near 5.24% and WTI crude around $91.65.
Bitcoin rises to around $82,500 in broad market rally
Bitcoin moved up to around $82,500 as U.S. stocks advanced and Treasury yields edged higher. The move was part of a wider intraday risk-on session rather than a standalone catalyst-driven event.