SpaceX reported on Tuesday a 92% rise in revenue for the ⁠April-June ⁠quarter, in its first earnings since going public, ⁠buoyed by strong growth in its Starlink satellite-internet and AI businesses.

On their first earnings call since SpaceX's June public offering, executives said the company is pouring funds into rocket development, Starlink satellites and AI.

SpaceX has delivered its first-ever quarterly business report, which showed revenue nearly doubled but its spending skyrocketed. The company, run by Elon Musk, builds space rockets and Starlink internet satellites and owns the social media platform X.

SpaceX posted $7.8 billion in quarterly revenue, surging ahead of the $6.9 billion consensus, as Starlink subscribers doubled to 12 million and $14.1 billion in new AI contracts turbocharged financial results.

U.S. job openings dropped in June amid a sharp decline in the healthcare and social assistance sector, but a rise in ​hiring and low layoffs suggested the labor market remained stable.

US job openings eased in June but hiring picked up slightly, indicating relatively steady demand for workers heading into the summer.

Some 7.4 million positions were available at the beginning of the summer, compared to 7.2 million in June 2025, according to the Job Openings and Labor Turnover Survey (JOLTS) from the Bureau of Labor Statistics released Tuesday.

U.S. job openings fell slightly in June, but the labor market continued to show resilience in the face of an economic shock from Iran war

McDonald’s recently revved up the amount of deals and discounts it offers to attract more customers. That strategy seems to have hit a roadblock.

McDonald’s posted a strong profit in its second quarter and named a new head of the U.S. market with sales at home under pressure as many Americans grow more cautious about spending.

The fast-food giant named a new president of its U.S. operations, aiming to bring “focus and urgency” to a revamp of its outlets.

The fast food giant missed expectations for revenue growth during the second quarter, the company reported Tuesday.

Shares of Advanced Micro Devices are down 7.9% in after-hours trading, and to one analyst, it looks like "a classic 'sell the news' moment for an AI-chip stock priced for perfection." Investors wanted proof that AMD's next growth drivers are "arriving faster and cleaner than already assumed,

Key Takeaways Advanced Micro Devices shares slid in extended trading Tuesday, despite quarterly results that topped analysts’ estimates. AMD’s revenue outlook also topped Street projections, though its gross margin forecast was roughly in line.

AMD had long been the second choice for CPU chips behind Intel, and the same for its GPUs, which trail Nvidia’s chips. AMD’s server CPUs are now considered better than Intels

U.S. semiconductor company AMD reported better-than-expected earnings and quarterly revenue forecasts, but its stock price plummeted in after-hours trading following the announcement. Analysts suggest that while the "surprise performance" was strong,

Empower chief investment strategist Marta Norton analyzes market winners, losers and sector trends across tech and energy on 'The Claman Countdown.'

The S&P 500 closed at a record high Tuesday, supported by strong corporate earnings, a rebound in tech shares and traders embracing hopes for progress on reopening the Strait of Hormuz.

Stocks rallied sharply on Tuesday, sending both the Dow Jones Industrial Average and the S&P 500 to fresh record highs as strong corporate earnings and another steep decline in oil prices boosted investor sentiment.

The S&P 500 is back near all-time highs while investors digest corporate earnings, reassess bets on artificial intelligence and monitor developments in the Middle East . Nerves about AI roiled markets earlier this summer,

Higher gas prices fueled by the Iran war and cost-of-living concerns pose a political ​risk to Trump ahead of November's midterm elections.

Two GOP holdouts said they will support Trump’s attorney general nominee. Trump said “the perimeters of a deal” with Iran have been agreed to. Trump demanded oil companies lower prices. What happened: Oil companies reported one of the most profitable quarters in recent years last week,

Oil prices fell about 5% to a three-week low on Monday after U.S. President Donald Trump held off on a fresh attack on Iran in the hope of sealing a quick deal that could boost oil supplies from the Gulf.

President Trump didn't hold back in the Oval Office on Monday, calling out top U.S. oil executives for making "too much money" during the conflict with Iran.