BlackSky Stock Surges on NRO Contract Boost
Markets Daniel Marsh

BlackSky Stock Surges on NRO Contract Boost

BlackSky shares surged 13% to $35.97 after an NRO contract modification for the AROS satellite program, pushing total contract value past $150 million.

BKSY
Everbright Digital Shares Climb on Low-Float Volatility, No News
Markets Daniel Marsh

Everbright Digital Shares Climb on Low-Float Volatility, No News

Everbright Digital's EDHL stock surged 70.86% Thursday and jumped another 56.52% premarket Friday, driven by low-float volatility and heavy trading volume without any verified company announcement.

EDHL
EchoStar Soars on SpaceX IPO Hopes, But Debt and Revenue Woes Loom
IPO Michael Okonkwo

EchoStar Soars on SpaceX IPO Hopes, But Debt and Revenue Woes Loom

EchoStar stock rallied on SpaceX IPO excitement, but the company faces a $183 million interest payment deferral and declining core revenue.

SATS
Grab Shares Languish Near 52-Week Low Ahead of Q2 Earnings
Earnings James Calloway

Grab Shares Languish Near 52-Week Low Ahead of Q2 Earnings

Grab shares hover near a 52-week low ahead of Q2 earnings, with analysts eyeing Superbank consolidation as a key catalyst.

GRAB
Oracle Stock Plunges on AI Spending Concerns Despite Record Revenue
Earnings James Calloway

Oracle Stock Plunges on AI Spending Concerns Despite Record Revenue

Oracle shares dropped 12% as investors focused on heavy AI spending plans, including $43 billion in new debt and a $40 billion fundraising target, overshadowing record revenue and 93% OCI growth.

ORCL
Lloyds Shares Rise on Buyback, Branch Closures, and Upcoming Strategy Update
Markets Daniel Marsh

Lloyds Shares Rise on Buyback, Branch Closures, and Upcoming Strategy Update

Lloyds shares rose 3.71% to 101.8p, outperforming the FTSE 100, driven by a fresh buyback, branch cuts, and investor focus on the July 30 half-year results and strategy update.

EWU
SpaceX Record IPO Sets Stage for OpenAI and Anthropic Public Listings
IPO Michael Okonkwo

SpaceX Record IPO Sets Stage for OpenAI and Anthropic Public Listings

SpaceX's record IPO at $75 billion, valuing it at $1.77 trillion, sets a new benchmark as OpenAI and Anthropic prepare for their own public offerings.

SPCE TSLA
AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO
Technology Sarah Chen

AST SpaceMobile Rallies Ahead of Key Satellite Launch and SpaceX IPO

AST SpaceMobile stock surged 11.73% to $97.56 ahead of the June 17 BlueBird satellite launch and SpaceX IPO, with investors focusing on execution milestones and valuation risks.

ASTS SPCE RKLB
Rocket Lab Stock Surges on Nasdaq-100 Inclusion
Markets Daniel Marsh

Rocket Lab Stock Surges on Nasdaq-100 Inclusion

Rocket Lab (RKLB) shares surged after the company was added to the Nasdaq-100 index. The move could drive institutional buying, but valuation remains a key concern.

RKLB
SpaceX IPO Debuts at $1.77 Trillion, High Valuation and Low Free Float Key Concerns
IPO Michael Okonkwo

SpaceX IPO Debuts at $1.77 Trillion, High Valuation and Low Free Float Key Concerns

SpaceX's IPO priced at $135 per share, giving it a $1.77 trillion valuation. The stock starts trading with only 7% of shares freely tradable, and analysts have mixed views on its fair value.

Nebius Group Soars on Nasdaq-100 Inclusion, AI Infrastructure Push
Markets Daniel Marsh

Nebius Group Soars on Nasdaq-100 Inclusion, AI Infrastructure Push

Nebius Group shares jumped 12.9% after-hours on news of its Nasdaq-100 inclusion, driven by a 684% revenue surge and a £1.7 billion UK AI infrastructure investment.

NBIS
Redwire Stock Surges on $500M ATM Offering, Dilution Risk Weighed
Markets Daniel Marsh

Redwire Stock Surges on $500M ATM Offering, Dilution Risk Weighed

Redwire shares surged 14.93% to $17.09 after filing to sell up to $500 million in new stock, about 15% of its market cap, putting dilution risk in focus.

RDW