---
title: "Dow Jones Top Company Headlines at 1 AM ET: SpaceX Says Spending Spree Is Supercharging AI Revenues | The ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294914386.md"
description: "SpaceX spent $15.8B on AI in Q2, boosting revenues. Disney sells A+E stake to Hearst for $1.2B. AMD shares fell 8% as Musk commits to Nvidia chips. Paramount's streaming grew despite legal challenges. OpenAI called Apple's suit 'careless.' Pinterest sales rose 18%. Lucid posted wider losses. Amgen lifted outlook but halted obesity drug dev. Gilead swung to loss on R&D costs. Booking Holdings reported higher revenue due to strong travel demand."
datetime: "2026-08-05T05:27:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294914386.md)
  - [en](https://longbridge.com/en/news/294914386.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294914386.md)
generator: "portal-rs"
---

# Dow Jones Top Company Headlines at 1 AM ET: SpaceX Says Spending Spree Is Supercharging AI Revenues | The ...

SpaceX Says Spending Spree Is Supercharging AI Revenues

The Elon Musk-led rocket company spent $15.8 billion on AI projects in the second quarter and doesn't plan to slow down. 

---- 

The Live Shopping App Where Some People Bid Until They're Broke 

Whatnot's fast-moving auctions and feverish 'breaks' hook users hoping to buy prized sports cards-plus fashion, tools, food and nearly anything else. 

---- 

White House AI Guidelines Exempt U.S. Open Models From Government Review 

The new framework, completed in recent days, is seen as most likely to affect OpenAI, Anthropic and Google. 

---- 

AI Just Went Rogue Again. This Time It Turned to Deception. 

A U.K. government-backed research group said OpenAI and Anthropic systems took unsanctioned actions and behaved deceptively during testing. 

---- 

The Investing Heavyweights That Backed Situational Awareness Before It Blew Up 

The hedge fund behind aggressive AI bets tapped into a roster of big-name investors. Some warned the founder that he was taking big risks. 

---- 

Disney to Sell Its Stake in A+E Global Media to Hearst for About $1.2 Billion 

The deal will give Hearst full ownership of prominent brands such as Lifetime and The History Channel. 

---- 

AMD Shares Fall 8% as Elon Musk Commits to Nvidia Chips for SpaceX 

The company's sales to data centers doubled in the latest quarter, but its revenue only narrowly beat analysts' estimates. 

---- 

Paramount's Streaming Growth Continues Amid Legal Challenges to Warner Deal 

Paramount's streaming service continued to grow in the latest quarter, helping to narrowly offset another sales decline for its television unit. 

---- 

OpenAI Calls Apple's Trade-Secret Suit 'Careless' and 'Oddly Personal' 

Apple asked the court for a preliminary injunction, and OpenAI followed up by alleging the iPhone maker was sloppy about security. 

---- 

Pinterest Sales Climb on Traction With Gen Z 

The company logged a second-quarter loss of $46.7 million due to higher costs, even as its sales rose 18% thanks to record monthly active users. 

---- 

Lucid Posts Wider Loss Amid Growing Competition, EV Downturn 

The EV maker posted a wider loss in its second quarter on charges related to job cuts, as the company continues to struggle with competition and a wider downturn for electric vehicle demand. 

---- 

Amgen Lifts Outlook on Strong Drug Sales, to End Early Development of Obesity Treatment 

The biotechnology company now expects full-year revenue between $38.2 billion and $39.4 billion, but said it was halting the development of a potential obesity treatment currently in a phase 1 study. 

---- 

Gilead Sciences Swings to Loss on R&D Costs as HIV-Drug Sales Lift Revenue 

The biopharmaceutical company lowered its full-year forecast for Veklury after sales of the Covid-19 treatment fell 81% in the second quarter. 

---- 

Booking Holdings Reports Higher Revenue on Strong Travel Demand 

The online travel agency had cut its full-year outlook in April, projecting that travel demand in some regions would suffer from the conflict in the Middle East. 

(END) Dow Jones Newswires

August 05, 2026 01:15 ET (05:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**