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Morning Bid: Earnings overload
['Mike Dolan', 'Editor-At-Large', 'Finance', 'Tue', 'August', 'At A.M. Gmt', 'Min Read']
Yahoo Finance - Business Finance, Stock Market, Quotes, News
Well over halfway through the booming U.S. corporate earnings season, attention today will turn to the first earnings report of Elon Musk's SpaceX.
Finally, listen to today's episode of the Morning Bid daily podcast, where we discuss the latest sign of U.S. economic resilience.
EARNINGS OVERLOADThe earnings season continues to generate significant price moves.
The broad picture of U.S. manufacturing last month was similarly impressive, with yesterday's latest surveys showing factory growth running at its fastest pace in four years, despite sky-high input prices.
Later today, SpaceX's earnings, due after the bell, will shed light on Starlink profits and how far they can bankroll the rocket maker's growing AI capex.