SPCX

It has been about a month since the last earnings report for SpaceX (SPCX). Shares have added about 30% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is SpaceX due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. SpaceX Beats Q2 Earnings Estimates on AI Cloud and Starlink GrowthSpaceX reported a loss of 9 cents per share for the second quarter of 2026, 73.5% narrower year over year. The bottom line beat the Zacks Consensus Estimate of a 26-cent loss by 65.4%.Revenue surged 91.9% to $7.81 billion and topped the $6.72 billion consensus by 16.3%, led by AI cloud services and Starlink expansion. Starlink subscribers doubled to 12 million, while nameplate compute reached 1.4 gigawatts.SPCX Growth Broadens Across SegmentsAll three operating segments posted year-over-year revenue gains. Connectivity remained the largest contributor, while AI recorded the fastest growth and Space benefited from a more favorable customer launch mix.The revenue mix also shifted toward newer infrastructure services. AI generated nearly one-third of quarterly sales, supported by the initial ramp of cloud agreements. Recurring connectivity operations remained the company’s only segment-level source of operating income.Connectivity Delivers Operating LeverageConnectivity revenues climbed 65.8% year over year to $4.29 billion. Consumer revenues increased 44.4% to $2.49 billion, while Enterprise & Government revenues more than doubled to $1.81 billion on aviation wins and U.S. government demand.The segment’s operating income rose 79.4% to $1.66 billion, lifting operating margin about 3 percentage points to 38.6%. Adjusted EBITDA soared 64.1% to $2.60 billion. Average revenue per user was $66, unchanged sequentially and down from $85 a year earlier. Management expects geographic expansion may pressure blended ARPU over time.AI Cloud Deals Lift ProfitabilityAI revenues jumped 247.5% year over year and 213.1% sequentially to $2.56 billion. New cloud services agreements contributed $1.60 billion of incremental infrastructure revenue, while total contracted cloud sales reached $14.10 billion. Compute capacity increased from 1.0 gigawatt in the first quarter and 0.4 gigawatt a year earlier.The segment posted adjusted EBITDA of $1.15 billion, reversing from a $276 million loss a year ago. Its operating loss narrowed 49.1% sequentially to $1.26 billion. The filings also noted customer concentration in AI revenues and said cloud agreements generally can be terminated on 90 days’ notice after initial ramp periods.Starship Spending Pressures SpaceSpace revenues increased 29.0% year over year and 55.4% sequentially to $962 million. The company completed 10 customer launches and 28 internal launches during the quarter, carrying 485 metric tons to orbit. First-half activity totaled 78 launches and 1,041 metric tons.Higher Starship research and development spending kept the segment in the red. Space recorded an operating loss of $542 million and an adjusted EBITDA loss of $205 million. Management said Flight 13 met all objectives after quarter-end, supporting plans to deploy operational V3 Starlink satellites on upcoming Starship missions.Capex Surge Reshapes Cash DeploymentTotal costs and expenses rose 57.8% to $7.96 billion. Research and development spending increased 81.2% to $3.55 billion, reflecting investments across Starship, next-generation satellites and AI infrastructure. Still, the company reduced its consolidated operating loss to $143 million from $970 million and generated adjusted EBITDA of $3.54 billion.Capital expenditures reached $18.37 billion, including $15.83 billion for AI. Six-month operating cash flow improved to $3.47 billion, but investing activities used $34.49 billion. Following $85.68 billion of IPO proceeds and a $25 billion bond offering, cash and marketable securities were $100.01 billion, with backlog at $47.46 billion.SpaceX Sets Ambitious Year-End TargetsManagement expects capital spending in each of the next two quarters to remain near the second-quarter level. The company targets more than 2 gigawatts of compute by year-end, with newly contracted cloud services worth $6.70 billion beginning to ramp in October over a six-month period.SpaceX believes growth across cloud services, Cursor and its other businesses can support at least $100 billion in annualized revenue run rate by December. Management also expects V3 satellites to deliver a major capacity increase, while next-generation Starlink Mobile service is targeted to begin by the end of 2027. In the past month, investors have witnessed a upward trend in estimates revision. The consensus estimate has shifted 129.53% due to these changes. At this time, SpaceX has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. However, the stock has a grade of F on the value side, putting it in the bottom 20% quintile for value investors. Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. It comes with little surprise SpaceX has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. SpaceX belongs to the Zacks Wireless National industry. Another stock from the same industry, AT&T (T), has gained 12.5% over the past month. More than a month has passed since the company reported results for the quarter ended June 2026. AT&T reported revenues of $31.56 billion in the last reported quarter, representing a year-over-year change of +2.3%. EPS of $0.65 for the same period compares with $0.54 a year ago. For the current quarter, AT&T is expected to post earnings of $0.62 per share, indicating a change of +14.8% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. AT&T has a Zacks Rank #3 (Hold) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Space Exploration Technologies Corp. (SPCX) : Free Stock Analysis Report AT&T Inc. (T) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Planet Labs sent Tanager-2 and 18 SuperDoves to Vandenberg Space Force Base for SpaceX’s Transporter-18 mission. The company’s third launch of 2026 could expand daily imaging and hyperspectral capabilities. Analysts are expecting $104.22 million in revenue and a loss of $0.02 per share for Planet Labs. Planet Labs (PL) stock is drawing attention after the satellite-imaging company announced that Tanager-2 and 18 SuperDoves reached the launch site for SpaceX’s Transporter-18 mission. The update comes ahead of the company’s fiscal second-quarter (Q2) 2027 results, with investors watching whether growing satellite demand can translate into sustained revenue momentum. Planet Labs is preparing to expand its satellite network after sending a new hyperspectral spacecraft and 18 imaging satellites to California ahead of a planned SpaceX rideshare launch. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox The company said on Monday that Tanager-2 and the 18 SuperDoves making up Flock 4J had reached Vandenberg Space Force Base. The satellites are scheduled to fly on SpaceX’s Transporter-18 mission, marking Planet’s third launch of 2026. “This launch includes 18 SuperDoves that enable Planet’s daily scan mission, which underpins the AI-powered broad area solutions that are core to unlocking new markets, as well as Tanager-2, which is designed to double our hyperspectral capacity and halve revisit times to detect methane super-emitters and more as part of our project with Carbon Mapper!” said Will Marshall, Co-Founder and CEO, Planet Labs. Planet Labs stock edged 0.7% lower in Tuesday’s premarket. Tanager satellites use visible, near-infrared and shortwave-infrared imaging to collect detailed information across 426 spectral bands. The spacecraft is designed for about 30-meter spatial resolution, allowing Planet to identify specific materials and environmental changes that conventional imagery may miss. Planet is developing the Tanager fleet alongside Carbon Mapper, which uses satellite data to locate and track methane emissions. Beyond methane detection, Planet expects hyperspectral data to serve industries such as mining, agriculture and environmental monitoring. The update comes ahead of Planet Labs’s Q2 earnings on Sept.3. Analysts see $104.22 million in revenue with a loss of $0.02 per share, according to Fiscal AI data. On Stocktwits, retail sentiment around the stock improved to ‘bullish’ from ‘neutral’ territory the previous day. A user said, “Sept 3rd is just around the corner and Planet Labs shows consistent demand for its services. Earnings should be stellar, out of this world! Get ready for the hyperjump to the mid 20's. SHORTS are going to be cooked!” Another user said, “Seeing some interesting action ahead of Sept.3 earnings. Despite a 7% dip recently, big call buys are stacking up.” PL stock has gained 0.6% year-to-date. Also See: UBER Stock Rises Overnight: Rosenblatt Calls Uber A 'Durably Compounding Platform', Sees 32% Upside For updates and corrections, email newsroom[at]stocktwits[dot]com Shivani Kumaresan has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: S&P 500, Dow, Nasdaq Futures Flat After Indices End Lower On US-Iran Stalemate — DELL, PANW, FRVO, AAPL, TTWO In Focus S&P 500, Dow, Nasdaq Futures Flat After Indices End Lower On US-Iran Stalemate — DELL, PANW, FRVO, AAPL, TTWO In Focus ALMS Stock Clocks Worst Day After 57% Drop — What Drove The Selloff?

For years, investors could only guess how much money Space Exploration Technologies (NASDAQ: SPCX) was making. Now, they finally have an answer. SpaceX has reported its first quarterly results as a public company, giving investors an unprecedented look at the financial performance of one of the world's most ambitious businesses. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » And the numbers are hard to ignore. Revenue nearly doubled from a year earlier. Starlink continued to add customers at a remarkable pace. The company is already generating billions of dollars from businesses beyond rocket launches. So, after its first earnings report, is SpaceX stock a buy? I think investors should focus on three things. The first takeaway is simple: SpaceX is no longer just a futuristic story. It's already a large and rapidly growing business. SpaceX generated $7.8 billion of revenue in the second quarter, up 92% from a year earlier. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 191% to $3.5 billion, while its net loss narrowed to $541 million. Those are extraordinary growth rates for a company of this size. More importantly, the growth isn't coming from a single product. SpaceX still operates a rocket launch business. But Starlink, its internet connectivity business, has become an increasingly important part of the company, while its artificial intelligence business is already generating billions of dollars in revenue. That's an important distinction. Investors aren't buying a company that promises to build the future someday. SpaceX is already building and monetizing parts of that future. And that's why the first earnings report matters. It gives investors something they didn't have before: financial evidence that the SpaceX machine is working. Of all the numbers in the earnings report, I'd pay particular attention to Starlink. The satellite internet business generated $4.3 billion of revenue in the quarter, up 66% from a year earlier. Its subscriber base reached roughly 12 million, about twice the level from a year ago. But subscriber growth isn't the only interesting part. Starlink generated approximately $1.66 billion of operating income. That's what gets my attention. Starlink isn't simply another exciting project that requires SpaceX to keep pouring money into it. It's becoming a profit engine. Think about what that could mean. SpaceX can take the cash generated by Starlink and reinvest it into more satellites, rockets, and infrastructure. Those investments can expand Starlink's network and potentially allow it to serve more customers. More customers can produce more revenue and cash flow. That creates a potentially powerful flywheel. In other words, Starlink gives SpaceX something many moonshot companies don't have -- a rapidly growing business that can help fund the moonshots. That could prove enormously valuable as the company pursues its ambitions. Here's where the investment case gets harder. SpaceX's stock, as of this writing, trades at about $140, giving it a valuation of roughly $1.9 trillion. That's an extraordinary valuation, considering its latest revenue of $7.8 billion. In other words, investors aren't paying $1.9 trillion for today's SpaceX. They're paying for tomorrow's SpaceX. They're paying for continued Starlink growth. They're paying for the successful development of Starship -- SpaceX's next-generation rocket. They're paying for the company's rapidly expanding AI ambitions and for markets that may not even exist at a meaningful scale today. That's why I wouldn't look at SpaceX's 92% revenue growth and conclude that the stock is cheap. It isn't. Great businesses can still be poor investments when expectations get too high. At this valuation, SpaceX has to deliver more than impressive growth. It has to deliver years of extraordinary growth and eventually convert that growth into substantially higher free cash flow. After its first earnings report, I'm more interested in SpaceX than I was before. The company is growing at an extraordinary rate. Starlink is becoming a meaningful profit generator. And, perhaps most importantly, SpaceX is demonstrating that it can turn ambitious technology into businesses with real customers and real revenue. But I wouldn't chase the stock simply because the numbers look impressive. The market already knows SpaceX is special. The question is whether it can become far more valuable than even today's enormous expectations suggest. For that reason, I'd rather buy SpaceX during periods of weakness than at any price. A disappointing Starship test, slower Starlink subscriber growth, or concerns about the company's enormous capital spending could all cause the market to rethink its expectations. Those moments may create better opportunities for long-term investors. Before you buy stock in Space Exploration Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Space Exploration Technologies wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $440,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,335,252!* That performance is why people listen. With a track record of beating the S&P 500 by nearly 5x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 30, 2026. Lawrence Nga has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Is SpaceX Stock a Buy After Its First Earnings Report? was originally published by The Motley Fool

US stock indices ended higher on Tuesday as investors took respite from cooling oil prices and easing yields ahead of earnings from Nvidia and Marvell Technologies. The S&P 500 ended Tuesday 0.3% higher, while the Nasdaq 100 gained 0.6% and the Dow Jones Industrial Average climbed 0.3%. The Russell 2000, which tracks stocks with small market capitalizations, rose 0.5%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Dow Jones Industrial Average futures and S&P 500 futures were little changed, while Nasdaq-100 futures rose nearly 0.1%. Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) fell 0.3%, and Invesco QQQ Trust (QQQ) ended Tuesday 1% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.3%. Meanwhile, the VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) gained about 1.7%, regaining most of the previous session's losses, tracking gains in Micron Tech (MU) and Nvidia (NVDA) stock. The broader Vanguard Information Technology ETF (VGT) rose 0.9%. Retail sentiment on Stocktwits for QQQ, SPY, and DIA was ‘bearish’ with ‘high’ message volumes. Market sentiment improved following news reports that the U.S. will redeploy diplomats to Middle Eastern embassies, alleviating fears of broader regional conflict. Simultaneously, a retreat in crude oil prices dampened inflation anxieties, providing a tailwind for Treasury markets. Bond yields slid, with the benchmark 10-year Treasury note yield falling more than 7 basis points to 4.625%, and Brent crude prices retreated to settle under the $90 threshold, as market participants weighed the potential for renewed energy transit via the Strait of Hormuz. Investor attention was solely focused on the semiconductor sector ahead of quarterly earnings from Nvidia (NVDA) and Marvell Technologies (MRVL). Analysts estimate Nvidia’s revenue is expected to hit $92.2 billion in the quarter ending July, nearly double from the same quarter last year, with earnings expectations of $2.09 per share. “Nvidia is operating on all cylinders, and they’re doing absolutely everything correctly at this point,” Mark Malek at Siebert Financial told Bloomberg. “We’re anticipating good news here, but so is everybody.” In addition, investors will keep a keen eye on the personal consumption expenditure price index reading for July, due out on Wednesday. Moderna (MRNA): Renewed optimism around its cancer vaccine program, buoyed by Wolfe Research’s $9.2 billion peak sales estimate, drove share price higher. Paramount Skydance (PSKY): Potential buyers and Wall Street intermediaries are actively assessing valuable entertainment properties that could be unloaded as Paramount Skydance Corp. (PSKY) navigates prolonged antitrust litigation over its proposed takeover of Warner Bros. Discovery Inc. (WBD). SpaceX (SPCX): The company announced that its Falcon 9 rocket completed its final planned Starlink mission from Florida and plans to invest $100 billion to build the world's largest launch facility. Lululemon Athletica (LULU): The athleisure company is expected to reduce its full-year 2026 earnings guidance again, UBS said. OpenAI: The company’s Jalapeno chips performed better than Nvidia’s current lineup during testing, SemiAnalysis said. For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle UUUU, LEU, CCJ, BWXT Stocks In Focus: Trump’s Saudi Nuclear Push Reportedly Faces Congress Debate And Israel Hurdle Why DOCU, TRI Stocks Slid Over 3% After Google Cloud’s Latest AI Release

Dell (DELL) has surged 247% this year, but after last quarter's 64% EPS beat, merely matching $4.80 guidance likely won't sustain its current multiple. SpaceX and CoreWeave (CRWV), Dell's two largest AI customers, are spending heavily, but published capital plans don't equal booked orders, and this quarter reveals the gap. Dell's gross margin fell from 21% to 18% as AI server mix grew, with giant buyers extracting pricing power that limits operating leverage. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Dell Technologies didn't make the cut. Grab the names FREE today. Dell Technologies (NYSE:DELL) reports fiscal second-quarter results after the close on Tuesday, September 1, 2026, and the setup is unusual. Shares have climbed 247.32% year to date, powered by a story investors know by heart: SpaceX (NASDAQ:SPCX) and CoreWeave (NASDAQ:CRWV), two of Dell's largest customers, are spending heavily on AI infrastructure, and Dell is the hardware supplier catching most of it. The stock started the year near $124.72 and closed Monday at $433.19, well ahead of most large-cap peers. With backlog and known customer spending making solid numbers likely, the relevant question is whether good numbers are good enough after a move of this size. Four things decide how the report is received. How quickly the AI backlog converts into recognized revenue, whether new orders keep outpacing conversion, what margins look like as the mix shifts toward a handful of very large buyers, and what management guides to for the balance of the year. Dell entered the year trading like a hardware company. It exits August up 235.33% over the trailing twelve months and 821.53% over five years, closer to a growth multiple than an infrastructure one. Analysts have followed the move higher. The consensus price target is $508.78, with 19 buy ratings, 8 holds, and no sells. Forward earnings trade around 24x, defensible if AI revenue keeps compounding at current rates. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Dell Technologies didn't make the cut. Grab the names FREE today. Recent price action is less exuberant. Shares are down 9.72% in the past week and roughly flat over the past month, so some of the pre-earnings enthusiasm has cooled. Recent insider activity is net selling. Polymarket assigns a 0.905 probability that Dell beats consensus non-GAAP EPS this quarter. That reflects confidence in a beat itself, with the stock's reaction to one still an open question. Company guidance is the cleanest proxy for consensus because Dell raised its outlook after the prior quarter, and sell-side estimates largely aligned with it. Those growth rates would be extraordinary for any hardware business. They are also what is already assumed at these levels. Last quarter set an unusually high bar for comparison. Q1 FY27 revenue came in at $43.84 billion, beating consensus by 22.58%, and non-GAAP EPS of $4.86 landed 63.99% above the estimate. A quarter that merely matches guidance will look small by comparison, even if the absolute figures are enormous. That is the structural problem with reporting after a quarter this large. Last quarter, Dell booked $24.4 billion in AI orders and recognized $16.1 billion in AI server revenue. It exited the period with a $51.3 billion AI backlog. Two numbers matter more than the headline. First, how much of that backlog can Dell convert into recognized revenue, given what management described as memory-driven supply constraints? Second, whether new orders keep pace, because a contracting backlog would signal peak intake is behind the company. Management said in May that "demand continues to exceed supply, with memory as the primary constraint", and that the pipeline was multiples of backlog. If new orders slow, or if the backlog contracts, the AI rocket narrative becomes harder to defend at these multiples. Customer capital spending from SpaceX and CoreWeave supports the demand side, but published spending plans do not match booked orders, and this report will make that distinction concrete. The broader question is who else feeds the buildout beyond the chipmakers, something we mapped across power, cooling, and networking suppliers in a free report on seven AI infrastructure stocks that aren't chipmakers. Gross margin was 17.8% last quarter, down from 21.1% a year earlier, with the compression driven almost entirely by AI server mix. Management said AI server profitability sits within its mid-single-digit operating income rate target. Selling servers to a small group of enormous customers with real negotiating power is a different business from selling broadly to enterprise. Those buyers can extract price, dictate terms, and shift volume elsewhere. That matters for the multiple. A business with rapid revenue growth and mid-single-digit operating margins in its fastest-growing segment does not deserve the same multiple as one that is turning growth into operating leverage. The counter-argument is storage and traditional server strength. ISG operating margin expanded to 10.5% last quarter, and traditional servers and networking revenue grew 92% year over year. If that mix holds up while AI scales, the margin story becomes less binary. My read is that an in-line quarter, meaning results at or near the midpoint of guidance, is unlikely to sustain the stock at these levels. The rally has already priced a beat and a raise. What would sustain it is a combination: backlog conversion in line with guidance, new order growth that keeps the backlog expanding, and stabilization in gross margin outside of AI mix effects. Absent that trio, the multiple looks stretched. A guide-up on full-year AI server revenue, above the current $60 billion midpoint, would matter more than any beat on the current quarter. That is the number anchoring FY27 and the FY28 setup. You should watch the guidance line and the backlog line, in that order. The rest of the report will read as confirmation or as the moment the market decides the rocket needed a rest. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Dell Technologies didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections.

The S&P 500 ended Monday 0.3% lower, while the Nasdaq 100 dropped 1% and the Dow Jones Industrial Average climbed 0.3%. The iShares Semiconductor ETF dropped 3%. SpaceX’s first AI satellites, powered by Nvidia chips, are to be launched in 2027. The S&P 500 and Nasdaq dropped on Monday, pulled lower by weakness in chipmaker stocks as investors prepare for earnings from Nvidia and Marvell Technologies later this week. The S&P 500 ended Monday 0.3% lower, while the Nasdaq 100 dropped 1% and the Dow Jones Industrial Average climbed 0.3%. The Russell 2000, which tracks stocks with small market capitalizations, fell 0.8%. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox Among ETFs tracking benchmark indexes, the SPDR S&P 500 ETF (SPY) fell 0.3%, and Invesco QQQ Trust (QQQ) ended Monday 1% lower, while the SPDR Dow Jones Industrial Average ETF Trust (DIA) was up 0.3%. Meanwhile, the VanEck Semiconductor ETF (SMH) and iShares Semiconductor ETF (SOXX) dropped 2.5%, with Micron Tech (MU) and Nvidia (NVDA) leading declines. The broader Vanguard Information Technology ETF (VGT) fell 1.5%. Retail sentiment on Stocktwits for QQQ, SPY, and DIA was ‘bearish’ with ‘high’ message volumes. Treasury yields declined after a CNBC report said the Treasury could use the General Account to finance a bond buyback. The 10-year Treasury note yield dropped by over 3 basis points to 4.704%. Meanwhile, the 30-year Treasury bond yield fell more than 4 basis points to 5.234%, pulling back after surpassing 5.3% last week—a level last observed nearly two decades ago. However, Citadel Securities labeled Scott Bessent’s expanded bond buyback initiative as “financial repression.” In a note to clients accessed by Bloomberg, Nohshad Shah, head of EMEA fixed-income sales at Citadel Securities, described the policy as failing to solve the underlying drivers of surging yields. Furthermore, to isolate Iran and bring an end to the war, the Treasury chief announced an “economic D-Day” campaign, threatening economic sanctions against any country conducting business with the nation and offering no additional hints regarding adjustments to U.S. debt management strategy. Investor attention was solely focused on the semiconductor sector ahead of quarterly earnings from Nvidia (NVDA) and Marvell Technologies (MRVL). Broadcom Inc. (AVGO): The stock is facing growing scrutiny in the credit markets as investors gauge the risks of the semiconductor giant backing massive debt deals to power its artificial intelligence expansion. Intel (INTC), Bloom Energy (BE): Former House Speaker Nancy Pelosi has filed new financial disclosures detailing multi-million-dollar stock and option acquisitions in semiconductor manufacturer Intel Corp. (INTC) and clean energy provider Bloom Energy Corp.(BE). Nvidia (NVDA): Nvidia said that its Groq 3 LPX inference accelerator is now in full production for the Vera Rubin platform. Paramount Skydance (PSKY): California Attorney General Rob Bonta reportedly canceled a meeting scheduled for Monday with Paramount (PSKY) representatives to explore a settlement in the state's lawsuit seeking to block Paramount's proposed acquisition of Warner Bros. Discovery (WBD). For updates and corrections, email newsroom[at]stocktwits[dot]com. Shashank Nayar has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: NVDA Stock’s 7-Day Losing Streak Sets Up Make-Or-Break AI Earnings Test: Retail Expects Yet Another Beat Why Did APP, ARRY, NFE Stocks Slump To 52-Week Lows Today? RUM Group CEO Vows Quake AI Will Challenge CoreWeave, Nebius: Retail Speculates Mystery $13.7B GPU Customer

AT&T (NYSE: T) is part of a cellphone oligopoly in the United States. Essentially, the telecom giant and its main competitors dominate the sector, making it difficult for a newcomer to break in. However, that hasn't stopped companies from trying, including cable operators offering bundled services and, perhaps, even Space Exploration Corporation's (NASDAQ: SPCX) Starlink. Here's how investors should view AT&T's ability to maintain its well-above-market 4.4% dividend yield as more companies try to break into the lucrative cellphone market. The first thing to consider when looking at AT&T's business is the competitive landscape. It has always been intense, as the members of the cellphone oligopoly fight tooth and nail for market share. There's a good reason for that, however: customer revenues tend to be annuity-like. That provides a solid foundation for paying the dividend. And while the involvement of cable companies and SpaceX increases competition, AT&T should be able to hold its own as a business. Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue » That big picture view of the situation, however, doesn't mean it will be able to continue paying its dividend at the current level. Most investors assessing dividend support will look to the payout ratio to determine whether the company can continue paying nearly $2 billion in dividends each quarter. The 36% trailing 12-month payout ratio suggests the answer is yes. But that $2 billion in dividends number came from the cash flow statement, not the income statement, where earnings live. This is because earnings aren't what pay the dividend; cash flow is. When you compare the dividend to cash flow, using the cash dividend payout ratio, you get a slightly lower coverage rate of 45%. That, however, still looks like ample coverage. There's another factor to consider here, as well. AT&T uses its cash flow for many purposes, including buying back shares. In the first half of 2026, it repurchased $4.669 billion worth of stock. The reduced share count benefited the company by lowering its dividend outlay, which dropped from $4.135 billion in the first half of 2025 to $3.973 billion in the same period of 2026. So the dividend is actually on even stronger footing now than it was just a year ago. If you are a dividend investor, there doesn't appear to be a material reason to worry about AT&T's dividend right now. Before you buy stock in AT&T, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AT&T wasn’t one of them. The 10 stocks that made the cut are built for long-term growth and could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $429,223!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,317,883!* That performance is why people listen. With a track record of beating the S&P 500 by nearly 5x, Stock Advisor offers a distinct advantage. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built for the long haul. See the 10 stocks » *Stock Advisor returns as of August 23, 2026. Reuben Gregg Brewer has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. AT&T's Dividend Costs the Company a Fixed Amount Every Quarter Regardless of Competitive Pressure From Starlink or Cable Rivals. Here's the Coverage Ratio That Actually Determines Whether It's Safe. was originally published by The Motley Fool

D.E. Shaw opened a $912 million SPCX position post-IPO and cut AVGO by 58%, yet still holds over $1 billion in Broadcom. The same filing shows $539 million in MSFT puts, confirming that D.E. Shaw runs two-sided exposure across 4,833 positions rather than directional conviction picks. SpaceX posted 191% EBITDA growth and 12 million Starlink subscribers in Q2 2026, yet SPCX trades 13% below its June IPO price. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today. D.E. Shaw & Co. disclosed a brand new position in SpaceX (NASDAQ:SPCX) worth $912,392,400 and trimmed its stake in Broadcom (NASDAQ:AVGO) by 58.3% in the same quarterly filing, according to the firm's Form 13F-HR filed August 14, 2026 for the period ending June 30. These are two separate line items in a book of 4,833 positions, alongside 977 new positions, 1,734 added, 1,595 trimmed and 614 exited in the quarter. Read them as parallel data points, not a linked trade. The filing lists 5,340,000 shares of SPCX common valued at $912,392,400, representing 0.434% of the portfolio. This is a first-time entry, so no prior-quarter comparison exists. SpaceX completed its IPO on June 12, 2026 at a reported price of $135, widely reported as the largest IPO ever. The stock closed at $146.05 on August 17, 2026, but it is down 13.02% from its June 12 debut through August 14. Market cap sits near $1.13 trillion. Fundamentally, Q2 2026 revenue came in at $7.81 billion, with Starlink subscribers doubling to 12.0 million and adjusted EBITDA of $3.54 billion, up 191%. Backlog stands at $47.50 billion, and CapEx ran $18.37 billion in the quarter. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today. D.E. Shaw held 2,722,161 Broadcom shares valued at $1,028,296,318 as of June 30, a share change of -3,805,547. The firm reduced but did not fully exit the position. The firm still owned more than a billion dollars of Broadcom at quarter end. Broadcom's Q2 FY2026 was strong on its face: revenue of $22.2 billion, up 48% year over year, with AI semiconductor revenue of $10.8 billion, up 143%. CEO Hock Tan called demand "insatiable" and guided Q3 AI semi revenue to $16 billion. But gross margin is compressing from 77.1% toward roughly 74% as the AI mix grows, and shares have fallen 8.13% in the past week even as they hold a 13.97% YTD gain. Polymarket assigns only a 21.5% probability that Q3 AI revenue exceeds $18 billion, implying the guide is largely priced in. D.E. Shaw is a quantitative, systematic, multi-strategy firm, and these are firm-level positions, not personal conviction picks by David E. Shaw. The firm also carries two-sided options exposure. Same filing: Microsoft (NASDAQ:MSFT) PUT positions of 1,446,200 shares valued $539,461,524. A single long equity line is not automatically a directional endorsement, and 13F data is reported roughly 45 days after quarter end. Positions may already have changed. For a retirement-focused investor, the read is that a quant fund's disclosed line item is thin evidence for a buy-and-hold decision. SPCX is a newly listed stock trading below its debut with a very short price history, and Broadcom's setup rewards conviction on AI capex durability (we profiled seven suppliers riding that same buildout, from power to cooling, in a free report you can grab here). Weigh each on its own merits. This article is not investment advice. Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Broadcom didn't make the cut. Grab the names FREE today. Contact [email protected] for any questions or corrections.