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Iridium Trades Above Rocket Lab Bid as Collar Narrows Spread
Iridium shares trade $0.59 above Rocket Lab's $54 offer, signaling market confidence in the deal despite a long path to close.
Applied Materials Market Cap Surges $54 Billion in Single-Day Rally
Applied Materials shares jumped 10.82% to a record $694.64, adding $53.8 billion to market cap. The rally reduces the buyback's per-share impact as the stock gains 170% year-to-date.
AST SpaceMobile Soars $5.95B on Japan Satellite Subsidy Report
AST SpaceMobile shares surged 21.44%, adding nearly $6 billion in market cap after reports of a $926 million Japanese government subsidy for a satellite project with Rakuten Group.
Super Micro Stock Drop Masks $39B AI Orders as Dilution Fears Mount
Super Micro Computer (SMCI) shares fell 8.1% Monday, even as the Nasdaq rose, as concerns over dilution and a Taiwan export probe offset $39 billion in AI server orders.
AeroVironment Surges on Q4 Beat; Guidance Tempers Enthusiasm
AeroVironment shares surged 19.7% premarket after a strong Q4 beat, but fiscal 2027 EPS guidance fell short of analyst estimates.
American Airlines stock surpasses analyst target as jet fuel costs slide
American Airlines stock climbed to $17.92, exceeding its average analyst target, as falling jet fuel prices provide a tailwind. The airline's fuel sensitivity means every $1/gallon change impacts annual costs by $4.5 billion.
India IPO Market Poised for Record Year as Deal Activity Accelerates
Kotak Investment Banking predicts a record year for Indian IPOs in 2024, with deal activity accelerating after a slow start. Strong investor demand supports the outlook.
