Carmen Reinicke

Intel Corp. is expected to report strong second-quarter earnings after the market close Thursday, but even blowout results likely won’t be enough to reverse the stock’s July slide.

The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley.

(Bloomberg) -- The selloff in SpaceX shares has driven the stock near a level that would imply investors are assigning no value to its artificial intelligence business, according to analysts at Morgan Stanley.

SpaceX at $100 would mean Wall Street sees zero value in its AI

The Nasdaq 100 Index is on track to enter a correction as worries about the eventual payoffs from artificial intelligence investments sour sentiment in the technology giants that have powered most of this year’s stock-market advance.

(Bloomberg) -- SpaceX's first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street.

Palantir Technologies Inc.’s stock surge has wiped out all of the year-to-date paper gains for short sellers, saddling them with billions in losses.

Sandisk Corp.’s high flying stock tumbled back to Earth last month. Its earnings after the market closes Wednesday will test whether strong results are enough to entice investors to buy in again.

SpaceX shares held steady on Thursday as investors digested the release of as many as 911.5 million shares worth about $100 billion from lock-up agreements that had prevented insiders from selling them.