Nvidia Q2 Preview: SpaceX Is Becoming the 'Fifth Horseman,' Gene Munster Says
benzinga_article·- Nvidia is scheduled to report its second-quarter financial results with analysts expecting revenue of $92.01 billion and earnings per share of $2.09. - Deepwater Management managing partner Gene Munster predicts Nvidia will beat expectations by 4 % and raise October revenue guidance by 3 %. - Munster notes that SpaceX is emerging as a major customer and could become Nvidia's fifth major data center client alongside Amazon, Google, Meta, and Microsoft.Trump Snapped Up SpaceX Shares 11 Days After $1.77 Trillion IPO: Here's What Else He Purchased
benzinga_article·- President Donald Trump purchased between $15,001 and $50,000 in SpaceX shares on June 23, 2026, following the company's record $1.77 trillion IPO. - The financial disclosure also revealed numerous other stock trades in June 2026, including investments in Berkshire Hathaway and sales of major tech stocks like Nvidia and Tesla. - The White House stated that third-party financial institutions independently manage Trump’s portfolio without any direction or influence from him or his family.There are six stocks that hedge funds and mutual funds are both overweight - and SpaceX is one
MarketWatch·- Goldman Sachs analysis of 13-F filings reveals that hedge funds and mutual funds are both overweight on six specific stocks, including SpaceX, Boeing, Capital One Financial, Mastercard, Thermo Fisher Scientific, and Visa. - These six shared favorites have collectively outperformed the S&P 500 this year, delivering a 29% return compared to the index's 16%. - While these companies exhibit distinct business models, historical data indicates that such shared favorites since 2013 have achieved an annual return of 17%.Musk’s Net Worth Claws Back Up to $851 Billion as Analysts See More Tesla, SpaceX Upside
benzinga_article·- Elon Musk’s net worth rebounded to over $851 billion as shares of Tesla and SpaceX recovered from recent lows alongside bullish analyst targets. - Tesla reported a 26% revenue increase to $28.23 billion in the second quarter, though AI investments pushed its free cash flow into a negative $1.09 billion. - SpaceX achieved a 92% revenue surge to $7.8 billion across its divisions, alongside rising capital expenditures that reached $18.3 billion.Cathie Wood Buys $27.5M of SpaceX Stock, Sells $27.2M of Palantir Shares
Tip Ranks·- ARK Invest purchased 205,031 SpaceX shares worth $27.5 million and sold 156,110 Palantir shares valued at $27.2 million. - The transaction occurred following SpaceX's post-IPO share unlock and Palantir's 43.2% stock rally after its August 3 earnings report. - Wall Street analysts estimate a 66.9% upside potential for SpaceX and a 10% upside potential for Palantir.