SpaceX is falling after posting first earnings report since IPO. What the biggest Wall Street firms are saying

The Elon Musk-led rocket company posted a loss of 9 cents per share for the second quarter, beating the 26 cents per share loss expected by LSEG.

How Ozempic maker Novo Nordisk blew its lead in GLP-1 weight-loss drugs. Can Europe compete in the high-stakes global economy? August 5, 2026
The Danish company developed the most lucrative new drug the world had ever seen. Then America’s Eli Lilly outmaneuvered it and took control of the diet-drug market.
Jaimy Lee
Alphabet’s stock drops as Google loses another key AI executive August 5, 2026
Jeff Dean, Google’s chief scientist and one of its first employees, is leaving to launch his own company.
William Gavin
5 things investors should know about the stock market’s latest rapid-fire comeback August 5, 2026
What a difference a week makes. The S&P 500 has surged more than 6% over the past five days, its biggest gain since last year’s tariff tantrum.
Joseph Adinolfi
SpaceX’s stock falls as Wall Street gets spooked by the extent of AI spending August 5, 2026
Morgan Stanley expects $64 billion in capital spending from SpaceX this year. The company is dramatically ramping up AI investments.
William Gavin
Nvidia’s stock is basking in the glow of a high-profile endorsement August 5, 2026
SpaceX CEO Elon Musk said his company will only use Nvidia’s chips to build its AI.
Britney Nguyen
U.S. economy keeps up the momentum, but rising costs put a lid on new hiring August 5, 2026
The largest part of the economy grew in July at a robust pace, but scattered shortages of key supplies and dogged inflation raised the cost of doing business. Companies responded by keeping a lid on hiring.
Jeffry Bartash
If I marry my girlfriend, 67, will she lose her Supplemental Security Income and divorced spouse benefits? August 5, 2026
“She has been living with me for four years.”
Quentin Fottrell
Shopify’s stock heads for best day in a year after the company ‘left no doubt’ about its growth trajectory August 5, 2026
The company is keeping costs in check while signaling upbeat growth trends, analysts say.
Hannah Pedone
3 money rules I swear by — and why they work August 5, 2026
Managing money is stressful. The new voice of Don’t Short Yourself is here to share real-life tips and tools we can actually use.
Genna Contino
It’s the worst time in years to invest in AI credit markets: ‘Almost no upside and plenty of downside’ August 5, 2026
Researchers at Andromeda Capital Management are worried about the uncertain return on investment for investors who are financing the AI capex bonanza.
Jules Rimmer