Veytics Intelligence
2026-10-21 · Bloomberg

SpaceX Results Reignite AI Trade, Meta Results on Deck

US stock futures rose after strong results from SpaceX eased concerns over whether a global investment spree in artificial intelligence can prove sustainable. Meta investors will be looking for any updates on the company’s artificial intelligence spending when it reports quarterly results on Wednesday after the market close. They’ll also be watching for signs that the company is making progress in offsetting those costs by monetizing its cloud business. The Opening Trade has everything you ne

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