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Markets are demanding perfection from high-profile public debuts. SpaceX just faced that reality in its very first earnings report. The company posted quarterly revenue of $7.8 billion. That represents a 99% jump compared to last years revenue but shares still fell in after-hours trading. Starlink remains the primary profit engine. Connectivity revenue reached $4.3 billion…
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These are strange markets. Exhibiting the most irrational earnings responses in recent memory. The irrationality is the opportunity for astute investors. Three of the four largest Hyperscalers, the massive companies buildinh and managinh huge data centers to run their own apps and provide global cloud and Ai computing services. These Hyperscalers, just handed investors phenomenal…
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As the first major AI hyperscaler to post numbers this quarter, the report serves as a major market litmus test for AI investors. Long-term investors holding AI infrastructure assets do not need to worry. The structural buildout is not slowing down anytime soon. Even so, short-term price action could get interesting. Heavy capital spending often…