SpaceX Stock Drops After Hours as Elon Musk-led Company Seeks $40 Billion to Buy Nvidia Chips
SpaceX is reportedly planning to raise $40 billion in loans and debt, led by Apollo, to buy Nvidia AI chips.
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Iran’s Rezaee rejects U.S. pressure to reopen Hormuz, while Bessent mocks Tehran’s oil exports amid rising tanker attacks.
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SpaceX is reportedly planning to raise $40 billion in loans and debt, led by Apollo, to buy Nvidia AI chips.
Goldman Sachs is expected to report Q3 2026 earnings on October 13 with consensus estimates of $13.89 EPS (up 13.4% YoY) and $16.91B in revenues (up 11.4% YoY). However, recent analyst revisions have turned bearish, resulting in a negative Earnings ESP of -11.16%, making an earnings beat unlikely despite the stock's Zacks Rank #3 rating. The company has a strong history of beating estimates, having exceeded consensus four consecutive quarters.
With AI-driven market gains potentially unsustainable and valuations at dot-com bubble levels, Warren Buffett's investment strategy of focusing on fairly valued companies with stable business models and maintaining cash reserves offers guidance for navigating potential market downturns. Buffett avoided timing the market during past crashes but positioned himself with liquidity to capitalize on future opportunities.
Middle East oil flows exceed pre-conflict levels despite rising Strait of Hormuz attacks as U.S.-Iran tensions escalate.
Vance says Iran must meaningfully reduce enrichment capacity to end warUS is in talks with President Pezeshkian and Foreign Minister Araqchi, Vance saysVance said he has not decided whether to pursue a White House runUS