Markets
7.2
US stocks rally on strong earnings, S&P 500 up 0.6%
Published 6 h ago6 sourcesEvidence: Reported
SeverityModerateInfobaeLow-rated sourceUS
SpaceX reported revenue above expectations, yet its stock fell in after-hours trading before recovering to a 1% gain. The initial drop may reflect profit-taking or concerns over margins, but the positive earnings beat supports sentiment. This is a routine earnings event for a major private company, with limited macro impact.
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