As Big Tech earnings announcements draw near, interest is growing not only in earnings but also in Capex. SpaceX's third-quarter results offered a notable indication amid market uncertainty.
The article reports that Big Tech earnings announcements are drawing near and that investors are focusing not only on earnings but also on capital expenditure (Capex). It also touches on the market backdrop, including questions about the sustainability of AI-related spending.
SpaceX's third-quarter revenue was $14.58 billion, equivalent to roughly ¥11 trillion, up 161% year on year and above market expectations. The article highlights this result and examines how it may affect the market's overall assessment.
The market as a whole is facing declines in asset valuations and uncertainty, while uncertainty surrounding the U.S. midterm elections is casting a shadow over the investment environment. Attention is also expected to focus on the earnings trends of major companies other than SpaceX.