SpaceX has scheduled a Starship launch for Friday as the company seeks to reverse recent stock declines.

Tesla fell 18% in a week following an earnings report that missed key bullish expectations.

Tesla's profit per vehicle declined 8% in the latest quarter amid increased competition from other electric vehicle manufacturers.

Tesla's stock fell $71 billion in market value despite posting record deliveries and beating revenue estimates in Q2.

Tesla short sellers realized $4.3 billion in gains from today's stock decline.

Piper Sandler cut Tesla's price target by $50 to $450.

Tesla stock fell as the automaker's elevated capital expenditure plans prompted investor selling.

Tesla's operating margin fell to 1.4% in its latest quarter despite record revenue, with negative free cash flow driven by elevated spending.

Michael Burry increased short positions on Micron Technology and Nvidia while maintaining bets on Tesla and Palantir, and added exposure to online sports betting stocks.

Tesla, Google, Meta, Amazon, and Microsoft are losing billions in valuation.

Investor concerns over AI spending costs have set a cautious tone ahead of earnings from Microsoft, Amazon and Meta, with an expert saying that spending restraint by Magnificent 7 companies could reward their shares.

Tesla shares fall 18% in a month while Lucid and Rivian gain 21% and 9% respectively, amid concerns over CEO distraction.

Brent crude topped $100 as Middle East tensions escalated, while Alphabet and Tesla sold off on surging AI spending.

Citigroup declared the Magnificent Seven technology stocks dead, with some members showing deteriorating charts.

Major technology stocks posted modest premarket gains; Intel rose 4% on stronger-than-expected Q3 guidance, Amkor rallied 11% after securing a $1.5 billion multi-year Nvidia agreement, and Oracle gained 2.6% following a $3.31 billion DoD contract award.

U.S. stock market faces headwinds from a scheduled Federal Reserve meeting on interest-rate policy and major technology earnings reports from Microsoft, Amazon, Meta, and others, following recent declines in Alphabet and Tesla shares.

Nasdaq and S&P 500 futures showed mixed movement as oil prices surged and Trump tariffs created uncertainty; retail sentiment on SPY and QQQ shifted toward extremely bearish.

Asian stocks fell 0.8% after a tech-led Wall Street selloff, with the S&P 500 down 1.2% and the Nasdaq 100 down 1.9%, driven by concerns over AI spending returns amid Alphabet's 7.1% drop and Tesla's 15% tumble.

U.S. stock indices fell sharply as crude oil prices exceeded $100/barrel for the first time in two months, while earnings reports from Alphabet and Tesla heightened concerns about AI spending.