SpaceX Beats on Earnings, Capex Comes in Less Than Expected

Image source: Pexels

SpaceX (SPCX) reported highly anticipated third-quarter results on Tuesday after the bell.

Here are the top-level highlights:

Revenue of $14.58 billion vs. $12.7 billion estimated per Bloomberg consensus; EPS of $0.35 vs. $0.15; adjusted EBITDA of $8.81 billion vs. $6.59 billion; capital expenditures (capex) of $19.59 vs. $19.6 billion; and AI capex of $16.44 billion vs. $16.9 billion.

SpaceX stock rose 9% during premarket trading on Wednesday and after the release. SpaceX said it added $6.7 billion of "incremental SI solutions and infrastructure revenue year-over-year, driven by cloud services agreements, the acquisition of Cursor, and our growing SI models and software applications, including Grok Bot." Yahoo Finance reports.

🖥️ Why Super Micro Computer Shares Are Trading Higher by 13%

Shares of Super Micro Computer Inc (NASDAQ) rose sharply in pre-market trading after the company raised its outlook for the first quarter.

In a preliminary business update released after the market close on Tuesday, Super Micro said it expects first-quarter revenue to be in the range of $18.5 billion to $19.5 billion, up from prior guidance of $14.5 billion to $15.5 billion. The company attributed the higher revenue expectations to increased demand for AI platforms.

Super Micro Computer shares jumped 13% to $36.69 in pre-market. Benzinga reports.

📋 SHF Holdings (SHFS) Stock Soars Over 51% After Hours

SHF Holdings Inc. (NASDAQ) shares jumped 51.28% to $0.14 after the bell on Tuesday following the announcement of a 180-day extension from Nasdaq to regain compliance with its minimum bid price requirement.

The Colorado-based fintech, which does business as Safe Harbor Financial, said Nasdaq gave it until Apr. 19, 2027, to meet the listing rule. Nasdaq first flagged the deficiency on Apr. 22, when the stock fell below the $1.00 minimum.

The company said it met the market value of publicly held shares requirement and all other initial listing standards for the Nasdaq Capital Market, except the minimum bid price. It added that it may cure the deficiency with a reverse stock split during the second compliance period, if necessary. Benzinga reports.

🤖 Global Mofy AI Shares Sink 14% After Hours: Here's Why

Global Mofy AI Ltd. (NASDAQ) shares fell 14.32% to $0.95 in after-hours trading Tuesday after the company disclosed a share-exchange agreement to acquire an additional stake in Qifei (Shanghai) Technology Co. Ltd.

Global Mofy AI provides artificial intelligence and digital-content technology services.

Under the agreement, Global Mofy AI issued 3 million Class B ordinary shares at $1.30 per share, valued at $3.9 million, in exchange for an additional 4.875% equity interest in Qifei through its subsidiary.

The company previously agreed to acquire a 5.06% stake in Qifei. Upon closing the latest transaction, its subsidiary is expected to hold a combined 9.935% equity interest in the company. Benzinga reports.

🧪 Alpha Teknova Shares Sink 23% After Hours

Alpha Teknova Inc. (NASDAQ) shares fell 22.87% to $5.70 in after-hours trading Tuesday after the company priced a $40 million public offering of common stock at $5 per share.

Alpha Teknova produces critical reagents for life sciences research, diagnostics and therapeutic development.

Alpha Teknova priced 8 million shares at $5 each, expecting to raise $40 million in gross proceeds. TD Cowen and William Blair are serving as joint book-running managers, with Craig-Hallum as lead manager. Underwriters have a 30-day option to purchase up to an additional 1.2 million shares.

The offering is expected to close around Oct. 22, subject to customary closing conditions. Teknova plans to use the net proceeds for general corporate purposes, potentially including debt repayment. Benzinga reports.

🧩 Salesforce’s Stock Falls as Investors Chafe at the Cost of Latest AI Purchase

Salessorce is making a nearly $6 billion acquisition to bolster its capabilities in artificial intelligence and marketing, but Wall Street isn’t necessarily sold on the price of the deal.

The company plans to buy Braze, which operates a customer-engagement platform with 2,770 customers, in a deal it says will help businesses improve the personalization of their offerings. The $5.7 billion all-cash offer equates to $47.50 per Braze share and represents a 58% premium over Monday’s close. MarketWatch reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM ET). Stock Analysis reports.

1) AHT: Ashford Hospitality Trust, Inc.
Total gain: +49.16%

2) SPHL: Springview Holdings Ltd
Total gain: +23.05%

3) SMCI: Super Micro Computer, Inc.
Total gain: +12.04%

4) ATGL: Alpha Technology Group Limited
Total gain: +11.11%

5) SHMD: SCHMID Group N.V.
Total gain: +9.18%

The closing price of the top three market percent gainers trading near or above $2 on Oct 20.

(All pricing and percent gains are based on regular market trading hours from 9:30 AM to 4:00 PM ET). Stock Analysis reports.

1) SAIQ: WISeSat.Space Holdings Corp.
Total gain: +100.59%

The company announced a new milestone in its secure space infrastructure strategy, following the successful launch and deployment of FOSSASAT-2E27, a new-generation 6U satellite developed and operated by its longstanding strategic partner FOSSA Systems ("FOSSA"), aboard SpaceX's Falcon 9 Bandwagon-5 mission from Cape Canaveral, Florida. GlobeNewswire reports.

2) ATGL: Alpha Technology Group Limited
Total gain: +94.20%

The stock appeared to be moving on no notable news.

3) BRZE: Braze, Inc.
Total gain: +51.70%

The stock appeared to be moving on no notable news.

(Estimate and Actual numbers represent Earnings Per Share in US Dollars)

CASH

Pathward Financial

Q4 2026

After Market Close

Estimate: 1.590

Actual: N/A

LBRT

Liberty Energy

Q3 2026

After Market Close

Estimate: 0.080

Actual: N/A

META

Meta Platforms

Q3 2026

After Market Close

Estimate: 5.740

Actual: N/A

“In the short run, the market is a voting machine, but in the long run, it is a weighing machine.”

— Benjamin Graham
Sourced in: The Modern Evolution (1987)

TradeZero America, Inc., a United States broker dealer, registered with the Securities and Exchange Commission (SEC) and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC); TradeZero, Inc., a Bahamian broker dealer, registered with the Securities Commission of the Bahamas ; TradeZero Canada Securities ULC, a Canadian broker dealer, member firm of Canadian Investment Regulatory Organization (CIRO) and member of the Canadian Investor Protection Fund (CIPF); and TradeZero Europe B.V., a Dutch broker dealer, authorized and regulated by the Dutch Authority for the Financial Markets (AFM) (collectively, the “TradeZero Broker Dealers”).

TradeZero Broker Dealers offer self-directed electronic securities trading to their customers. TradeZero Broker Dealers do not provide financial or trading advice and do not make investment recommendations to their customers. This communication does not constitute an offer to sell or a solicitation to buy any security or instrument which it may reference.

The information in this newsletter summarizes the latest market activity and related news and are provided for educational purposes only. Any trading symbols displayed are for illustrative purposes only and do not constitute a recommendation by TradeZero to buy, sell, or hold any investment. This material is not intended to provide investment advice or to take into account any individual’s financial condition, investment objectives, or requirements.

Investing involves risk, including the possible loss of principal.

There is a risk of loss in online trading of securities including equities and options. Trading on margin is for experienced investors whereby the loss can be greater than your initial investment. Likewise, short selling as a securities trading strategy is extremely risky and can lead to potentially unlimited losses.

Options trading is not suitable for all investors as it can involve risk that may expose investors to significant losses. Please read the Characteristics and Risks of Standardized Options, also known as the Options Disclosure Document (ODD) at OCC.

Stocks experiencing significant price volatility may involve substantial risk. Past performance is no guarantee of future results.

Any trading strategies discussed are for educational purposes only and should not be construed as investment advice or a recommendation.

Certain information herein has been obtained from third-party sources believed to be reliable; however, its accuracy or completeness cannot be guaranteed. The views and opinions expressed are those of the author and do not necessarily reflect the views or opinions of TradeZero, its affiliates, or employees.

If you have any specific questions about TradeZero's brokerage services, please reach out to the TradeZero Broker Dealer servicing your jurisdiction.

Copyright © TradeZero 2026. All rights reserved.