# Stocks Rally on Strong Earnings; SpaceX AI Spending Weighs on Shares

https://mins.news/en/video/14078

- Bloomberg Television, 2026-08-05 11:57 UTC
- Economy
- Original: https://www.youtube.com/watch?v=Z3aEI3r3mWQ

> U.S. equity futures rise after stocks closed at a record high for the first time since June. SpaceX shares extend their decline as the company’s artificial-intelligence spending weighs on the reception to its debut earnings results. Oil prices advance after a new Houthi threat to Middle East shipping offsets President Trump’s optimism about a possible U.S.-Iran deal. Matt McLennan of First Eagle Investments discusses the resilience of U.S. corporate profit margins.

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