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SpaceX (NASDAQ: SPCX) Stock Drops 50% as Retail Investors Add $22.7 Million
SpaceX shares have fallen roughly 52% from their post-IPO peak of $225.64. Yet retail investors bought $22.7 million worth of SpaceX stock in Wednesday’s first trading hour alone. That marked the third-highest first-hour retail buying total since the company’s June 12, 2026 debut. The dip-buying came right after SpaceX’s first earnings report as a public…
Falcon 9 Rocket Crash on the Moon Raises New Space Debris Concerns
A discarded SpaceX Falcon 9 rocket stage crashed into the moon on Wednesday, August 5, 2026, striking the surface at roughly 5,400 miles per hour. The rocket crash occurred near Einstein Crater on the moon’s western limb, about 18 months after the component launched on January 15, 2025. NASA confirmed the impact trajectory before the…
AppLovin Corporation Stock Crashes 20% After Earnings Miss Expectations
On 5 August 2026, AppLovin Corporation (NASDAQ: APP) surprised investors after reporting second-quarter earnings that came in below Wall Street’s expectations. The AI-powered advertising company still delivered strong year-over-year revenue growth, but weaker guidance for the current quarter led to a sharp sell-off. The stock dropped about 20% in after-hours trading as investors reacted to…
Google DeepMind Hit by Executive Departures as Engineers Launch Startup
Google DeepMind announced a major leadership reshuffle on Wednesday, August 5, 2026, as CEO Demis Hassabis stepped back from day-to-day operations. On the same day, veteran engineer Jeff Dean and three colleagues departed Google entirely to launch a new startup called Discovery Loop. Alphabet stock fell roughly 4.33% intraday, reflecting investor unease over the AI…
AMD Drops 7.4% Despite Strong Revenue Outlook as Investors Demand Bigger AI Growth; $61B Market Value at Risk
On August 5, 2026, AMD stock experienced a sharp reversal despite reporting strong results. The semiconductor giant delivered second-quarter revenue of $11.54 billion, up 50.1% year-over-year. Adjusted earnings per share reached $1.66, topping Wall Street consensus estimates. Yet, shares fell 7.4% as investors demanded even faster artificial intelligence growth. This sudden drop put over $61…
Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs
On August 5, 2026, Australian shares looked set to open higher after Wall Street reached fresh record highs and oil prices fell sharply. The drop in crude eased inflation concerns and lifted investor confidence across global markets. Strong earnings from major U.S. companies added to the positive mood. As trading gets underway on the ASX,…
AMD Earnings Exceed Expectations With $11.54 Billion Revenue, Shares Retreat
Advanced Micro Devices posted AMD earnings that beat Wall Street on every major line for its second quarter of 2026. Revenue hit $11.54 billion, up 50.1% year-over-year, easily topping the $11.28-$11.35 billion analyst consensus. Adjusted EPS came in at $1.66 versus $1.61 expected. Despite the clean beat, shares fell 8-9% in after-hours trading to around…
135% Upside, Says One Bank. So Why Did SpaceX Just Lose $500 Billion?
SpaceX stock has lost more than $500 billion in market value since its June 12, 2026 IPO. Shares priced at $135 have since traded as low as $104.83. Yet Morgan Stanley maintains a $300 price target, implying substantial upside from current levels. SpaceX now heads into its first-ever public earnings report on Tuesday, August 4,…
SoftBank (TYO: 9984) Faces AI Funding Test as Investors Focus on OpenAI Investment Strategy Ahead of Q1 Earnings
SoftBank Group Corp will report Q1 FY2026 earnings on August 6, 2026. Investors are closely watching how the company funds its massive OpenAI commitments. SoftBank’s share price has dropped nearly half since early June 2026. Analysts expect net profit of ¥148.4 billion for the April-June quarter. SoftBank Q1 Earnings Preview: What Analysts Expect Four analysts…