Shares of SpaceX and Tesla soared Wednesday after Elon Musk's rocket firm reported blowout revenue and a possible merger with his EV maker – sending other tech stocks and the Nasdaq higher. The rocket and satellite firm was up 10% Wednesday morning after reporting third-quarter revenue of $14.6 billion – up a whopping 161% from the previous year. That included roughly $7.6 billion from its AI division – now called SI, a nod to President Trump's preferred term "super intelligence" – and marked a drastic shif ...

Space Exploration Technologies (SPCX +9.59%) released quarterly results for just the second time as a public company last night. While investors expected growth, what SpaceX reported was surprisingly strong in several respects. Investors reacted by driving the stock sharply higher. As of 10:10 a.m. ET, SpaceX shares were up by 11.9%. Image source: SpaceX. Year-over-year revenue growth of 161% wasn't even the whole story. Most impressive was the source of that revenue. SpaceX's connectivity business is no lo ...

J P M O R G A N 8 North America Equity Research 24 September 2026 Meta Platforms Inc More Meta Muse Momentum; Reiterate Overweight and Raising PT to $920 Coming out of Meta Connect, we reiterate our Overweight rating and are raising our price target to $920. Meta continues to move towards superintelligence with Muse off to a strong start—quickly iterating, improving, and expanding—with the potential to bring an extremely capable personal agent to billions of users. As we've discussed in recent Meta notes (9 ...

Vi e w p o i n t | 12 Oct 2026 19:55:57 ET │ 17 pages Meta Platforms Inc (META.O) Watermelon Launches at the Frontier as Muse Wonder Further Strengthening Meta's AI Product Cycle CITI'S TAKE Earlier today, Meta launched its Muse Wonder SOTA models (Muse Wonder and Muse Wonder Full, aka Watermelon), that we believe significantly adds to its reasoning, reliability, and ability to complete complex tasks with Active Memory and Active Focus capabilities. Wonder models will soon power Muse, initially for subscrib ...

On Tuesday, the executive wrote a nearly 2,000-word response to a critical X post which said Anthropic was trying to win a race to superintelligence and deprioritizing AI safety. He then wrote out his own nine-item list of actions that were "very costly" to Anthropic commercially, but had "strong safety benefits." This included releasing its powerful Mythos model only to a select group of cybersecurity partners and restricting the sale of its AI services to Chinese state-controlled companies. However, Amode ...

Addressing business leaders and diplomats at the Freedom 250 reception in Mumbai, Ambassador Gor highlighted the deepening economic and strategic partnership between the two nations, noting that President Donald Trump sent him to India with a clear mandate -- "Deliver results. Don't just talk about the future. Make it happen"."In their recent discussions, President Trump and Prime Minister Modi reaffirmed that commitment," Gor said. "Today, our bilateral trade has shattered records, reaching over $240 bill ...