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SpaceX lands hard
Description
SpaceX and AMD beat earnings estimates but saw their shares stumble, even as the Dow and S&P 500 hit fresh records and oil prices slide. Plus, Treasury Secretary Scott Bessent vows to do "whatever it takes" to help Japan defend the yen.
Today's recommended read: Three midweek thoughts - AI job losses, Fed's White knight and K-shaped inflation by Mike Dolan
Subscribe to Mike Dolan's Morning Bid newsletter, and check out his columns on Reuters Open Interest.
Produced by Eliza Davis Beard and Abisoye Osundairo.
Sound engineering and music by Sebastian and Josh Sommer.
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