{
  "id": 150512,
  "title": "Live: SpaceX earnings beat estimates but costs balloon",
  "url": "https://urgent.news/2026/08/04/live-spacex-earnings-beat-estimates-but-costs-balloon",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T21:59:16.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-08-05/asx-markets-business-live-news/106997660"
  },
  "original_language": "en",
  "account": "Australia's share market finished at a record high on Wednesday, alleviating concerns over the Japanese yen after recent interventions. Traders remain hopeful for a deal between the US and Iran to reopen the Strait of Hormuz. The ABC business live blog provides live updates on market and economic developments. The main performers on the ASX200 were Neuren Pharmaceuticals, 4DMedical, and IperionX Limited, while Woodside Energy, Domino's Pizza, and Karoon Energy were among the worst performers. The S&P/ASX200 reached an intraday high of 9,230 points before closing at 9,227 points, marking a 0.9% increase. Among the top performers were Neuren Pharmaceuticals, 4DMedical, and IperionX Limited, while Woodside Energy, Domino's Pizza, and Karoon Energy were among the worst. The mining sector led the sector race with a 3.3% gain, but losses in the energy sector prevented further index gains. Wall Street's Dow Jones Industrial Average hit a record high overnight, boosting investor hopes for renewed gains in tech stocks. Gold prices are trading at around US$4,161 per ounce, up 2.1% from the previous session. Strategists predict gold could reach $4,500-$5,000 per ounce by year-end or early 2027, driven by Chinese physical demand and central bank purchases in emerging markets.",
  "summary": "SpaceX's results beat analyst estimates but the firm is yet to turn a profit. Meanwhile, the Australian share market is set for another day of gains. Follow live.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CNBC",
        "title": "Dow leaps 1,000 points fueled by earnings, hopes for Hormuz Strait deal; S&P 500 hits record: Live updates",
        "url": "https://urgent.news/2026/08/04/dow-leaps-1-000-points-fueled-by-earnings-hopes-for-hormuz-strait",
        "published": "2026-08-04T17:10:46.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}