Browsing: falls

SpaceX shares fell for a third straight session, wiping out more than $600 billion in market value as investors reacted to the company’s first investment-grade bond sale and growing concerns over the cost of its artificial-intelligence expansion. The stock dropped 16% to $154.60, its lowest close since the first day of trading

College sports need some help. For those of us who have watched the spectacle of the last few years — especially the Brendan Sorsby spectacle here in Lubbock — we know that football has a problem. So does basketball, field hockey and every other sport trying to navigate new rules that are funneling millions of…

Strong revenue. Negative free cash flow. Capex guidance that made Wall Street flinch. Tesla dropped roughly 12% and Alphabet sank about 6% after Q2 2026 earnings — not because the businesses are broken, but because the AI spending plans look bottomless. Tesla burned through approximately $5.8 billion on AI initiatives in a single quarter. Alphabet…