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Rocket Lab Advances Missile-Warning Satellite Program; SpaceX IPO Speculation Lifts Space Stocks
Rocket Lab passes a system requirements review for its $816 million missile-warning satellite program, securing its schedule. The company also won a $90 million Space Force contract and reported strong Q1 revenue growth.
Nokia Stock Hits New Highs on AI-Driven Optical Network Demand
Nokia shares hit a new 52-week high in Helsinki and a record high in US ADRs, driven by strong Q1 earnings and surging AI and cloud sales.
Nokia Stock Soars to New Highs on AI Cloud Demand
Nokia shares hit a 52-week high as AI and cloud sales surge 49%, driving a 54% jump in Q1 operating profit. The stock is now trading above most analyst targets.
TSMC Takes Center Stage as Nvidia Deepens Taiwan Ties
Nvidia plans to spend up to $150B yearly in Taiwan, highlighting TSMC's critical role in AI chip manufacturing. TSMC's April revenue rose 17.5% YoY.
Momentus Stock Jumps Premarket After Filing $200M Shelf Registration
Momentus Inc. shares rose 27.7% in premarket trading Wednesday after the company filed a $200 million shelf registration. Director Chris Hadfield also purchased 2,000 shares last week.
BlackBerry Hits 52-Week High on AtHoc Certification and QNX Robotics Push
BlackBerry stock surged to a 52-week high, driven by AtHoc government cloud recertification and QNX robotics demonstrations. Q1 FY2027 earnings are expected around June 25.
T1 Energy Surges Following Trina Solar's $190M Stake Sale
T1 Energy shares surged 29.3% Tuesday after Trina Solar sold $190M in stock, reducing its stake to 11%. The company's Q1 profit and G2_Austin funding plans are key as US solar policy risks loom.
UK Sanctions HTX and 17 Others in Sweeping Crypto Crackdown on Russia
The UK has sanctioned HTX, formerly Huobi Global, along with 17 other crypto and payment firms, in a major move to disrupt Russia-linked financial networks.
Archer Aviation Gains Premarket as eVTOL Certification Advances
Archer Aviation shares rose 2.14% to $6.65 in Wednesday's premarket, extending a 12.6% rebound since May 20. The company completed Phase 3 of FAA certification for its Midnight eVTOL aircraft.
SoFi Stock Wavers on SpaceX IPO Hype, Fundamental Challenges Linger
SoFi Technologies shares hover near $16 on SpaceX IPO buzz, but the stock is down 39% YTD. Record Q1 revenue and loan originations contrast with a 27% drop in tech platform revenue.
Ondas Stock Climbs Ahead of Crucial Vote on Share Increase
Ondas shares climbed to $10.10 in premarket trading Wednesday ahead of a shareholder vote on raising authorized shares and expanding the stock plan.