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Musk warns that "more than 200 new cloud providers will face extinction," yet SpaceX (SPCX.US) itself is betting a third of its revenue on a cancellable contract

30/10/2026

Zhitong Finance APP has learned that when the AI sector suffered a brutal selloff in late October, a routine disclosure filing from Elon Musk's SpaceX (SPCX.US) brought a structural fissure masked by rapid growth into the spotlight.

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2 m ago

CICC: Maintains OUTPERFORM rating on China Literature (00772.HK), target price HK$29, bullish on the "IP+AI" strategic layout.

3 m ago

Hong Kong Stock Movement | Pegbio-B (02565.HK) surged over 30% intraday; expectations for mazdutide's medical insurance access are heating up, and the innovative drug pipeline continues to advance.

7 m ago

Hong Kong Stock Movement | COSCO SHIPPING Holdings (01919.HK) rises over 6%; Q3 net profit attributable to parent up 128.45% QoQ; core business achieves both volume and price growth

7 m ago

Hong Kong Stock Movement | New Fire Group (01611.HK) Surges Over 11% in Early Trading; Digital Asset Assets Under Management Up 60% Quarter-on-Quarter to US$221 Million

7 m ago

National Bureau of Statistics: In the first three quarters of 2026, cultural enterprises achieved operating revenue of 10,821.0 billion yuan, a year-on-year increase of 4.3%.

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