David's Daily Bread
News and Scripture each morning. Practical tools each evening. Loved by God.

News and Scripture each morning. An evening Field Guide with useful tools and workflows. Loved by God.

Scripture accompanies each story for the reader's reflection. It is not presented as God's judgment on the people or events reported.

Lead story
Business & markets

SpaceX revenue nearly doubles to $7.8 billion in its first earnings report as a public company

The rocket and satellite company arrived on the earnings calendar growing fast and spending faster.

SpaceX reported second quarter revenue of $7.8 billion, up 92 percent from $4 billion a year earlier, in its first quarterly report since going public. Starlink revenue grew by $1.7 billion, and the company's AI division accounted for nearly $2 billion of the increase. The net loss narrowed to $541 million from $1 billion in the same quarter last year, while capital spending in the first half of 2026 topped $28 billion, up from $7 billion a year earlier. Chief financial officer Bret Johnsen said SpaceX has an additional $6.7 billion of cloud services revenue under contract over a six month period beginning in October.

Scripture for Reflection

“Instruct those who are rich in the present age not to be conceited and not to put their hope in the uncertainty of wealth, but in God, who richly provides all things for us to enjoy.”

Large numbers can quietly reshape our hopes, so we can keep our confidence in God who provides rather than in wealth that stays uncertain.

Tech & AI
Business & Markets
01

AMD posts a record $11.5 billion quarter as data center revenue more than doubles

Data center leads AMD's data center segment brought in $6.718 billion, up 107 percent and 58 percent of company revenue, on total sales of $11.536 billion and non-GAAP diluted earnings of $1.66 a share.

Scripture for Reflection

“Do you see a man skilled in his work? He will be stationed in the presence of kings; he will not stand before obscure men.”

We can give ourselves to skilled work steadily, whether or not the result is applauded on the day it lands.

02

Lucid stakes its turnaround on $1.4 billion in cash savings and robotaxis

Costs cut deeply Chief executive Silvio Napoli said the company has disappointed on several fronts and for far too long, as Lucid targets $1.4 billion in cash reductions on a $1.26 billion quarterly loss and pushes its mid-sized Cosmos model to 2027.

Scripture for Reflection

“The end of a matter is better than the beginning, and a patient spirit is better than a proud one.”

Slow repair asks patience of us too, in the projects we are rebuilding and in the habits we are trying to change.

Science
Letters to the King
We carry every song ever written in our pockets, and yet we rarely sit still and listen to one. What would you, a harpist, make of that?
From the Baker's own shelf

Friend, I had ten strings, one pair of hands, and a few sheep for an audience. You carry ten thousand harps in your pocket and cannot find a quiet minute to hear one of them through. I do not think the trouble is the music. When I played for Saul, the playing was never really the point; the sitting still was. A song asks you to stay in one place until it is finished, which is a small and unfashionable kind of obedience. So choose one tonight, and let it play all the way to the end without reaching for the next. You may find that the stillness, and not the song, was what your soul had been asking for.

– David, son of Jesse
Letters answered in the voice of the biblical King David.
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