SpaceX Revenue Rockets 161% While Korean AI Flop Rattles Chip Stocks okładka

SpaceX Revenue Rockets 161% While Korean AI Flop Rattles Chip Stocks

SpaceX Revenue Rockets 161% While Korean AI Flop Rattles Chip Stocks

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On today's episode of Market Brief – After Hours, SpaceX reports a 161% surge in third-quarter revenue, driven by Starlink and its AI business, while Korean AI company Elice plunges 32% on its market debut. The contrasting developments sharpen the debate over AI spending as strong industrial earnings lift the Dow by more than 500 points and the Nasdaq finishes slightly lower.

We cover falling long-term US Treasury yields after weak housing data, oil’s retreat from its session highs, European losses and China’s stronger-than-expected GDP growth. Plus, technical analysis of EUR/USD, GBP/USD and USD/JPY, gold’s continued weakness, silver’s rebound, and earnings moves from 3M, Hasbro, Equifax, Netflix and General Motors.

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