Wall Street Just Put a $280 Target on SpaceX's AI Bet
GuruFocus·- Oppenheimer raised its target price for SpaceX to $ 280 from $ 250 while maintaining an Outperform rating due to expected growth in AI usage and compute economics. - The bullish outlook is supported by SpaceX's AI platform integrations, access to Nvidia GPUs, and the acquisition of Cursor to enhance agentic coding logic. - The firm projects Nvidia's Rubin chips will achieve a payback period of about a year, though increased capital expenditures remain a key risk.Top 5 US Stock Gainers/Losers (>100B) (9.2)
Top Gainers&Losers·- On September 2, major US stock indices closed higher, with the Nasdaq rising 0.45%, the S&P 500 gaining 0.46%, and the Dow Jones increasing 0.56%. - Among top US companies with a market value exceeding 100 billion, Dell Technologies surged 15.81% with a transaction volume of 170.9 billion dollars. - Palo Alto Networks experienced a decline of 9.28% alongside fluctuations in other tracked large-cap stocks like Novo Nordisk and Palantir Tech.Deere & Co. Stock Outperforms Competitors On Strong Trading Day
MarketWatch Automated·MapQuest is now the No. 1 U.S. app after bucking Trump’s ‘Lake America’ renaming
TechCrunch·- MapQuest became the No. 1 overall app on the U.S. App Store after refusing to comply with a presidential executive order to rename Lake Ontario. - The mapping application recorded an estimated 632,000 U.S. downloads following its public stance against the renaming, contrasting with larger competitors like Google Maps and Apple Maps. - Over 56 % of the app's year-to-date U.S. downloads occurred between August 27 and September 1, 2026, as consumers downloaded the app to show support.SpaceX AI Buildout Shows Cracks as Musk Shakes Up Data Center Team
benzinga_article·- Space Exploration Technologies Corp. reshuffled its data-center leadership following engineering concerns and reliability problems at facilities in Tennessee and Mississippi. - The leadership change occurs as Elon Musk accelerates AI infrastructure expansion to meet a Sep. 30 capacity deadline for Google’s $920 million-a-month compute deal. - Despite challenges including temporary cooling systems and outages, the company reported 1.4 gigawatts of compute capacity at the end of June after spending $15.8 billion on AI infrastructure in the second quarter.What's Going On With Rocket Lab Stock Wednesday?
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