In its second earnings report since its market debut, Elon Musk's rocket company and satellite-internet provider had a lot to say. Here are a couple of highlights: SpaceX is making money: AI and Starlink helped drive $4.

SpaceX shares are set to end the market narrowly in the red, with just minutes to go before investors can start digesting the company's third-quarter earnings. The stock was down by 0.5% in recent action on Tuesday.

SpaceX spending on capital expenditure on AI— which it calls SI—more than doubled to $16.4 billion. That overshadows the capex spending on its space business, which rose to $1.6 billion. Overall, cap-ex jumped to nearly $20 billion from $6.

Growth is accelerating, and rocket launches are not the biggest part of the business.

Netflix shares dropped 6% in premarket trading on Wednesday after the company cut its full-year advertising forecast and issued a tepid fourth-quarter profit outlook, deepening concerns about slowing viewership and revenue growth.

The streaming giant doesn’t say exactly how it plans to improve its monetization, but the company notes that these goals will help Netflix “create member value that lets us oc

Netflix shares are down 27% this year as the streaming giant struggles to grow in a saturated market and faces growing competition.

Streaming group shakes up creative leadership as viewership growth stalls and current quarter profits would disappoint