SpaceX Surges on Strong Revenue and Merger Hints

SpaceX shares surged after reporting strong third-quarter revenue driven largely by artificial intelligence. Meanwhile, Elon Musk confirmed that committees are examining a potential merger with Tesla.

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FILE PHOTO: A futures-options trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2026. REUTERS/Jeenah Moon/File Photo

Brent Crude Oil traded above $110 per barrel during morning trade on Tuesday after hitting five-month highs. The volatile session followed shifting headlines regarding peace efforts in Iran. Energy markets are tracking diplomatic missions to Russia concerning the conflict in Ukraine.

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