# Wall Street opens mixed as SpaceX and AMD shares fall 2026-08-05T23:12:48+00:00 | Business & Economy | Indian Opinion Desk Wall Street futures pointed to a mixed session on Wednesday, Hindustan Times reported, with Dow E-minis up 116 points, or 0.21%, and S&P 500 E-minis up 19.75 points, or 0.25%, after both indices had recently set record highs, while Nasdaq 100 E-minis slipped 20.5 points, or 0.07%, on weak reactions to SpaceX and AMD. SpaceX's first earnings report since its public listing showed revenue nearly doubling and operating losses narrowing, yet its shares still dropped about 10% in premarket trading after executives said heavy spending would continue, with the stock also facing its post-IPO lock-up expiry on Thursday. AMD forecast quarterly revenue above expectations but fell roughly 8.1% regardless, a reaction linked to a share price already up about 142% this year. Tesla eased 0.8%, Nvidia gained 1.9% on SpaceX's plan to use its hardware exclusively for data centres, Intel and Micron each lost about 1.5%, and Microsoft and Alphabet barely moved. ## Indian Opinion Analysis AMD's slide despite a stronger-than-expected forecast, and SpaceX's despite improving results, both illustrate how far a stock's recent run can outpace what any single earnings update can satisfy: AMD's shares had already gained about 142% this year, and SpaceX's own executives are the ones flagging that heavy spending will continue. Traders were pricing in a 58.4% chance of a Federal Reserve rate hike in September, according to the CME FedWatch Tool cited in Hindustan Times's report, leaving room for these moves to reverse on a single data point. SpaceX's post-IPO lock-up expires on Thursday, freeing insiders to sell, and that day will show whether Wednesday's drop was a one-day reaction or the start of sustained pressure. ## Coverage - www.hindustantimes.com Tags: AMD, SpaceX Canonical: https://indianopinion.org/wall-street-mixed-as-spacex-amd-fall-while-dow-and-sp-500-rise-on-peace-hopes-and-fed-rate-bets/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/wall-street-mixed-as-spacex-amd-fall-while-dow-and-sp-500-rise-on-peace-hopes-and-fed-rate-bets/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.