US stocks open with SpaceX and AMD plunging after earnings

Odaily News: According to MSX.COM data, the three major US stock indices opened slightly higher, with the Dow Jones up 0.67%, the S&P 500 up 0.64%, and the Nasdaq Composite up 0.42%. SpaceX dropped 10% at the open as its first post-IPO earnings report showed narrowing AI-related losses but higher-than-expected spending. AMD fell 6.5% after issuing Q3 revenue guidance that fell short of Wall Street's most optimistic forecasts. Canadian e-commerce platform Shopify rose 20% after reporting better-than-expected Q2 revenue.