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The Marked Chart Wire · Business
Earnings
U.S. stock futures rose Wednesday after SpaceX reported strong earnings and Super Micro Computer raised its revenue outlook. Netflix and Intuitive Surgical fell after their earnings reports.
SpaceX
Crown Castle and SpaceX are in discussions about tower lease agreements, according to a market report.
Earnings
Several companies saw their shares fall after beating earnings expectations, while others rose. Investors continued to reassess growth outlooks and AI-related spending.
Earnings
Bentley Systems shares rise 8.70 percent after reporting earnings of $0.65 per share and revenue of $1.07 billion. MaxLinear stock jumps 13.87 percent on earnings of $0.51 per share and revenue of $211.2 million.
SpaceX Tesla
SpaceX stated that a potential deal with Tesla would require further sign-off from its oversight group, directors and majority owner.
SpaceX
SpaceX is completing a $40 billion borrowing deal with interest rates near 8.3 percent for its lowest-rated portion, more than one percentage point above its existing bonds. Apollo and Goldman Sachs lead the transaction as investors weigh the company's rising debt and AI spending.
Earnings
TTMI shares rose 6.44 percent after the company reported earnings of $1.13 billion and guidance of $1.23 billion. Xfinity and Nokia also posted results, with shares moving 0.21 percent and 2.26 percent respectively.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.