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Today’s Market Movers: SpaceX Jumps on Earnings and Tesla Merger Talks as Netflix Falls

Today’s Market Movers: SpaceX Jumps on Earnings and Tesla Merger Talks as Netflix Falls

Photo: CoinCentral

TLDR Stock futures rose Wednesday as traders waited for Meta Platforms to report earnings after the bell. SpaceX shares jumped after a 161% rise in quarterly revenue and news of merger talks with Tesla. Netflix fell about 6% after weak revenue guidance and its slowest sales growth in three years. Intuitive Surgical dropped 7.6% after disclosing a $450 million antitrust matter. Capital One rose 3.3% after saying it will spend more on marketing. U.S. stock futures rose early Wednesday as traders reviewed a new batch of earnings reports. Investors also prepared for Meta Platforms to report after the bell.

Source: CoinCentral

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