Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition.
Wall Street Breakfast
Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the latest Seeking Alpha News Quiz and see how you stack up against the competition.
Top News
Douglas Rissing/iStock via Getty Images

Wall Street finished the week higher, with both the blue-chip Dow (DJI) and the benchmark S&P 500 (SP500) hitting fresh all-time highs as investors digested key earnings from SpaceX (SPCX) and Palantir Technologies (PLTR) alongside the latest payrolls data.

Shares of SpaceX (SPCX) jumped over 20% on the week after the newly public company reported Q2 GAAP EPS of -$0.09, beating estimates by $0.20. Moreover, revenue came in at $7.8B, up 90.2% year-over-year and ahead of expectations by $980M.

Elsewhere in earnings, Palantir Technologies (PLTR) popped roughly +38% this week after the software giant reported second-quarter results that surpassed Wall Street's forecast and raised its full-year forecast.

U.S. nonfarm payrolls declined by 23K in July, missing the +88K consensus and erasing the 20K increase in June, according to data released by the U.S. Bureau of Labor Statistics on Friday.

For the week, the S&P (SP500) added +3.6%, while the tech-heavy Nasdaq Composite (COMP:IND) climbed +5.2%, and the blue-chip Dow (DJI) advanced +3.0%. Read a preview of next week's major events in Seeking Alpha's Catalyst Watch.

Stock Spotlight
Seeking Alpha
SpaceX's (SPCX) shares have been on a wild ride since first going public in June, driven by investors' lofty expectations, massive spending plans and the first lockup expiry. The Elon Musk-owned company had a valuation of $1.77T during its IPO, but some $260B of its value has been wiped out as of Thursday's close. With more lockup restrictions set to be lifted through Dec. 8, what could be in store for the stock? Read more.
Seeking Alpha's Calls Of The Week
Zebra (ZBRA) Changed Its Stripes - The Road To $460.

AppLovin (APP): The Dip We Were All Waiting For.

Former Palantir (PLTR) Bear Flips Bullish On Profitability.

Okeanis (ECO): Hormuz Operations Fuel Record Dividends.

Exxon Mobil (XOM) Sees Impressive Growth With Risk.

Don't Let Toast's (TOSTValuation Get Out Of Control, Trim.

Clorox (CLX): Follow Consumer Trends, Seek Value Elsewhere.

Here's Why I'm Selling Monolithic Power Systems (MPWR).

Golub Capital (GBDC): I Want To Hold This Quality BDC, But...

BCB Bancorp (BCBP) Q2 Review - Time To Head To The Exit.
Weekly Movement

U.S. Indices
Dow +3.0% to 54,037. S&P 500 +3.6% to 7,758. Nasdaq +5.2% to 26,691. Russell 2000 +3.5% to 3,034. CBOE Volatility Index -6.8% to 14.9.

S&P 500 Sectors
Consumer Staples flat. Utilities -1.7%. Financials +1.2%. Telecom +1.3%. Healthcare +2%. Industrials +3%. Information Technology +7.2%. Materials +5.6%. Energy -3.3%. Consumer Discretionary +2.8%. Real Estate -0.2%.

World Indices
London +0.3% to 10,901. France +2.4% to 8,715. Germany +2.7% to 26,319. Japan +1.9% to 65,607. China +2.8% to 3,940. Hong Kong -0.8% to 25,668. India +0.5% to 78,499.

Commodities and Bonds
Crude Oil WTI -9% to $77.08/bbl. Gold +7.2% to $4,401.3/oz. Natural Gas -2.9% to 2.67. Ten-Year Bond Yield -0.2 bps to 4.658.

Forex and Cryptos
EUR/USD +0.26%. USD/JPY +0.14%. GBP/USD +0.08%. Bitcoin +3.5%. Litecoin +2.9%. Ethereum +3.9%. XRP -2.5%.

Top S&P 500 Gainers
Coherent (COHR) +44%. Palantir Technologies (PLTR) +40%. Zebra Technologies (ZBRA) +28%. Lumentum Holdings (LITE) +25%. Gartner (IT) +23%.

Top S&P 500 Losers
The Trade Desk (TTD) -24%. DaVita (DVA) -23%. Western Digital (WDC) -20%. Honeywell Aerospace (HONA) -18%. Texas Pacific Land (TPL) -15%.

Where will the markets be headed next week? Current trends and ideas? Add your thoughts to the comments section.

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