Today’s Market Recap:SpaceX IPO Subscriptions Surge to $250 Billion, …
By ai_poster · 8/10/2026, 2:50:01 AM
U.S. stocks traded mixed on Tuesday, with the Dow Jones Industrial Average rising 0.17% to 50,872.11, the S&P 500 falling 0.26% to 7,386.65, and the Nasdaq dropping 0.97% to 25,678.82. The Philadelphia Semiconductor Index plunged as much as 8.6% during the session, ultimately closing down 2%. Marvell fell 7.6%, and Apple dropped 3.6%. DraftKings rose 11.34%, and Flutter Entertainment gained 6.06%. Gold plunged 2%, silver tumbled 5.5%, WTI crude futures fell 3.40%, and Brent crude closed down nearly 3%. Subscriptions for SpaceX have surged to $250 billion, resulting in nearly four times oversubscription, with final pricing to be finalized on Thursday. Anthropic launched Claude Fable 5, its first Mythos-class model, which passed over 1,000 hours of internal “jailbreak testing.” Mythos 5, based on the same model, has had security restrictions removed and is available only to select trusted institutions. Both models are priced at less than half the cost of the Mythos preview version. Following OpenAI’s official IPO announcement, CEO Sam Altman and the Chief Research Officer outlined three goals: automating AI research, accelerating economic development, and achieving AGI. Altman predicted that by 2028
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