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via finance.yahoo.comMarkets

SpaceX stock slips as tech trade tumbles after earnings

FROM THE WIRE · FINANCE.YAHOO.COM

SpaceX (SPCX) stock slipped in early trading Thursday, giving back more than half of Wednesday's post-earnings gain. Shares jumped 7.8% on Wednesday following SpaceX's upbeatthird quarter results and AI commentary. The stock is under pressure today along with the broader tech…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock is under pressure from the tech sell-off and concerns over heavy capital spending.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01SpaceX jumped 7.8% Wednesday after third-quarter results.
  2. 02The stock gave back much of that gain in early trading Thursday.
  3. 03SpaceX guided fourth-quarter capital expenditures to $35 billion to $40 billion.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Space Exploration Technologies Corp.SPCXStock148.91 USD-1.01%today -6.53%Negative Meta Platforms, Inc.METAStock646.44 USD-1.35%today -7.32%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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