# SpaceX and Super Micro Earnings Boost AI Trade

> SpaceX's first profit and Super Micro's revenue hike lift Nasdaq 1% as AI market fears ease.
- Title: SpaceX and Super Micro Earnings Boost AI Trade · BigGo Finance
- Summary: SpaceX's first profit and Super Micro's revenue hike lift Nasdaq 1% as AI market fears ease. SpaceX reported its first profit as a public company with $14.58…
- Keywords: space, super micro, nasdaq, dow, ai trade, space x, elon musk, tesla, netflix, meta platforms, nvidia, carrefour
- Source: BigGo Finance — https://finance.biggo.com/news/6348943b-3227-47b4-a05e-8341980311bb
- Author: BigGo Finance
- Published: 2026-10-21T14:35:17+00:00
- Read time: 1 min
- Topics: space, super micro, nasdaq, dow, ai trade, space x, elon musk, tesla, netflix, meta platforms, nvidia, carrefour
## SpaceX reports first profit
SpaceX rose 7.8% after reporting its first profit as a public company with quarterly revenue up 161% to $14.58 billion.

> SpaceX, the rocket and satellite-internet company led by Elon Musk, jumped 7.8% after reporting its first profit as a public company
## Super Micro raises revenue guidance
Super Micro Computer increased its fiscal first-quarter revenue guidance to $18.5 billion-$19.5 billion, up from $14.5 billion-$15.5 billion.

> Super Micro Computer, the AI server maker, rose 9.5% after forecasting quarterly revenue and profit margin above Wall Street estimates
## Nasdaq and Dow gain
The Nasdaq Composite gained 278.04 points or 1.05% to 26,702.86, while the Dow Jones Industrial Average rose 360.21 points or 0.69% to 52,856.09.

> Wall Street closed broadly higher on Wednesday after quarterly results from SpaceX and Super Micro Computer eased fears that the artificial intelligence spending boom is running out of steam
## AI market concerns ease
Investors eased fears that the AI spending boom was running out of steam after SpaceX and Super Micro reported stronger-than-expected results.

> A lot of the concerns that we had over the last few weeks that sent the market lower are being alleviated
## Netflix falls short
Netflix dropped 4.5% after its quarterly forecast fell short of expectations despite a 12% revenue increase.

> Netflix fell 4.5% to $65.58 after its outlook disappointed investors
## French bond yield rises
France's 10-year government bond yield climbed above 5% for the first time since 2002, causing market anxiety.

> The country's 10-year government bond yield climbed above 5% for the first time since 2.02
## Carrefour cuts guidance
Carrefour slumped 13% after cutting its guidance due to recent protests.

> French supermarket operator Carrefour tumbled about 13% after cutting its guidance, citing recent protests
## AI computing demand remains strong
Analysts say demand for AI computing remains intact even as borrowing costs stay elevated.

> The session's message, analysts said, is that demand for AI computing remains intact even as borrowing costs stay elevated
## Key takeaway

SpaceX reported its first profit as a public company with $14.58 billion quarterly revenue, while Super Micro raised its quarterly revenue guidance to $18.5 billion-$19.5 billion, boosting Nasdaq by 1.05% and easing AI trade concerns.