Wall Street AI boom faces reality check as SpaceX earnings and US jobs data arrive

Wall Street is heading into another important week after a strong run for stocks. The coming week will bring several major events that could test whether the current stock-market rally, especially the AI boom, can continue. The biggest events include SpaceX’s first earnings report as a public company on Tuesday and the monthly US jobs report on Friday.

The S&P 500 rose 0.7% on Friday and gained about 1.1% for the week.