The S&P 500 and Dow traded at record highs on Wednesday as hopes of a Middle East peace breakthrough outweighed declines in SpaceX and AMD, whose upbeat forecasts failed to impress investors, Reuters reported.
SpaceX, led by Elon Musk, reported a near-doubling of revenue and narrower operating losses in its first results since going public, driven by strong growth in its Starlink satellite communications and AI businesses.
