US Stocks Edge Lower as Oil Prices Rise, Earnings Roll In
US stocks slipped from recent records as rising oil prices, mixed earnings, and Iran-Oman Hormuz talks weighed on Wall Street. July jobs report due Friday.
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US stocks slipped from recent records as rising oil prices, mixed earnings, and Iran-Oman Hormuz talks weighed on Wall Street. July jobs report due Friday.
SpaceX posts smaller-than-expected Q2 loss of $541M with revenue up 92% to $7.8B in first report as public company.
SpaceX reported $7.81B in Q2 revenue, beating estimates in its first earnings call as a public company, but AI spending and lockup expiration loom.
JPMorgan, Goldman Sachs, Bank of America, Wells Fargo, and Citigroup report record Q2 earnings as trading surges, but executives warn of looming risks.
Nvidia reported Q1 revenue of $81.62B, up 85% YoY, beating Wall Street estimates. Data center revenue hit $75.2B as AI infrastructure buildout accelerates.