[music] This is Guru Focus first look, your morning market brief for Wednesday, August 5th. Here are the stories driving markets today. SpaceX shares dropped 12% after the company's first earnings report revealed significant investments in artificial intelligence, raising investor concerns about rising costs.The report highlighted that the private space firm is channeling substantial resources into AI development which has weighed on its valuation in the secondary market. The move comes as the broader techn ...

>> IT'S FIVE :00 A. M. IN NEW YORK CITY, 10:00 A.M. IN LONDON. I'M VONNIE QUINN WITH YOUR BLOOMBERG BRIEF.THE S&P HAS A RECORD FOR THE FIRST TIME SINCE JUNE 2 ON U.S. IRAN DEAL HOPES AND AI BETS. THAT OPTIMISM TEMPERED THIS MORNING AS HOUTHI MILITANTS ISSUE A FRESH THREAT AGAINST MIDDLE EAST SHIPPING. AN SKY HIGH AI PLANS PRESSURE SPACEX YEARS AFTER ITS EARNINGS REPORT.OPTIMISM AND OUTPERFORMANCE ACROSS ASIA. LET'S GET THE LATEST FROM ALICE FRENCH IN TOKYO. >> DEFINITELY A REVIVAL IN RISK APPETITE TODAY PAR ...

Sandisk’s high flying stock tumbled back to Earth last month. Its earnings will test whether strong results are enough to entice investors to buy in again. https://t.co/GyEGqA14NL ...

Western Digital & SanDisk report earnings are coming in TOMORROW.Forecasted post-earnings moves: 10.9% and 13.8% up or down respectively.Don't wait. Trade the earnings momentum on Bybit now: https://t.co/IFGY1zWwF1 https://t.co/CedoTjBFav ...

Good morning everybody. It is Wednesday, August the 5th. And here is what is on our agenda this morning.Tech headwinds from SpaceX CapEx and the AMD outlook. But US futures are pointing higher. Novo Nordisk obesity pill.Well they don't live up to the Wall Street height. Um Brent's below $80. As markets focus on reasons for hope around the Strait of Hormuz.It's a good vibe in the equities and futures picture this morning. Euro Stoxx 50 futures up half of a percent following the gains that we've already seen ...

Infineon CFO Sven Schneider tells @annaedwardsnews the semiconductor company expects "very steep growth" in its AI data centre revenue, with its power chip segment driving profitability https://t.co/VGx1FMoUaQ https://t.co/HgffjGMGtW ...

Market Dynamics - Storage and memory remain key market narratives for the current season [1] - SNDK earnings releases are approaching shortly [1] Investment Opportunities - Traders can trade SNDKB and SNDKon tokenized securities on Binance Wallet ahead of earnings movements [1] - Tokenized securities are available 24/7 without traditional market hours restrictions [1]

>> LIVE FROM LONDON, THIS IS BLOOMBERG DAYBREAK: EUROPE. GLOBAL STOCKS CLIMBED TO A RECORD AS TRADERS OR NEW BATS ON THE AI TRADE. SPACEX FAILS TO TAKE OFF WITH INVESTORS.DEBUT EARNINGS SENDING SHARES LOWER. OIL SLIDES AS PRESIDENT TRUMP SAYS TALKS WITH IRAN ARE MOVING ALONG NICELY. THE U.S. IS HELPING TO ANNOUNCE A DEAL AS SOON AS TODAY.SLIM PICKINGS FOR NOVO NORDISK AS THE GIANTS NEW WEIGHT LOSS PILL FAILS TO TOP EXPECTATIONS. A BUSY DAY FOR EUROPEAN EARNINGS TODAY. VERY GOOD MORNING.WELCOME TO TUESDAY. H ...

Infineon Technologies forecast revenue in the current quarter that beat analysts’ estimates as the German chipmaker profits from rising demand for its data-center chips and price increases https://t.co/rq1dQDypnf ...

>> LIVE FROM SYDNEY, I AM PAUL ALLEN. THIS IS "INSIGHT," WHERE WE DIVE DEEPER INTO THE STORIES THAT MATTER WITH CRUCIAL CONTEXT AND SHARP ANALYSIS. THE DEAL TO REOPEN THE STRAIT OF HORMUZ IS GAINING TRACTION IN WASHINGTON AND TEHRAN SIGNAL PROGRESS.OIL MARKETS STUDY CENTRAL BANKERS EXPECTED TO KEEP RATES UNCHANGED. THE OIL DRIVEN INFLATION PRESSURES BECOME MORE WIDESPREAD. ASIAN STOCKS ARE CLIMBING AS SAMSUNG AND SK HYNIX LEAD A RENEWED AI RALLY.INVESTORS ARE ALSO WEIGHING AFTER HOURS DECLINES IN SPACEX AND ...