AI Spending Crisis Sinks CoreWeave as SpaceX Banks a Profit

Tech stocks' AI spending is paying off unevenly, as SpaceX swung to a profit while CoreWeave fell around 30% on its heavy debt load. Fiona Cincotta, StoneX Senior Market Analyst, explains what earnings from SpaceX, Meta and Tesla reveal about the rising cost of the AI trade. Meta grew revenue 26% on AI-driven ad targeting, yet its free cash flow turned negative as capital expenditure climbed. Tesla beat adjusted earnings expectations even as operating income fell 56%. The S&P 500 has eased from its record high to test its rising trend line, as investors question how the AI build-out is funded. Discover Actionable Insights with the latest Market Outlook Reports: https://intel.stonex.com/offer?language=en&campaignId=A908C315-DC62-4F35-AC16-870BB71E84D1&utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_fiona_cincotta&utm_content=share 00:00 - AI Trade Splits Tech Earnings 00:23 - SpaceX Wins, CoreWeave Sinks 00:58 - Meta's Capex Burns Cash Flow 01:57 - Tesla Beats Yet Income Drops 02:29 - AI Spending Alone Is No Thesis 02:51 - S&P 500 Tests Its Trend Line Like and subscribe for more financial market insights. #SpaceX #StoneX #FionaCincotta #Tesla #SP500 AI Spending Crisis Sinks CoreWeave as SpaceX Banks a Profit --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@stonex_official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social