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Blue Origin Explosion Casts Shadow on AST SpaceMobile's 2026 Satellite Plans
AST SpaceMobile stock plunged 14.79% Friday after a Blue Origin New Glenn rocket explosion raised doubts about its 2026 satellite rollout. Deutsche Bank cut its rating to Hold, slashing the price target to $106.
MARA Holdings Rises on AI Infrastructure Pivot, Long Ridge Deal
MARA Holdings rose 4.1% in a short week, driven by its $1.5 billion Long Ridge Energy acquisition and pivot to AI infrastructure, despite a Q1 net loss of $1.3 billion.
Grab Holds Steady as Indonesia Regulatory Risk Weighs
Grab shares were little changed despite strong Q1 earnings and a majority stake in Superbank, as Indonesia's proposed cap on ride-hailing commissions threatens margins.
Micron Surpasses $1 Trillion Market Cap as AI Memory Demand Drives Record Rally
Micron closed at $971 Friday, up 29.3% since May 22, topping a $1.11 trillion market cap as AI memory demand and a UBS price target hike fueled a record week. Options markets signal a 10% swing next week.
Archer Aviation Gains Ground in Short Week, Eyes Certification Milestones
Archer Aviation shares closed at $6.81, up 7.1% for the shortened week, after becoming the first eVTOL firm to complete FAA Phase 3 certification. Q1 net loss widened to $217.7M.
Archer Aviation Stock Faces Key Test After FAA Milestone
Archer Aviation shares closed at $6.81, up 7.1% for the week, after becoming the first eVTOL firm to close Phase 3 of FAA type certification. The stock now faces a key test.
Meta's AI Ambitions Tested as Investors Eye Cost Returns
Meta shares ended the week up 3.6% as the company prepares to test an AI pendant next year, while investors scrutinize rising capital expenditure and Reality Labs losses.
Amazon's June Prime Day and AI Spending Test $3 Trillion Market Cap
Amazon shares ended Friday lower but rose 1.6% for the week, as investors weigh an earlier Prime Day in June against surging AI spending.
Rigetti Computing Shares Dip as $100M Federal Funding Awaits Final Terms
Rigetti shares fell 5.5% to $25.54 on Friday, paring gains from a Thursday rally tied to a $100M federal funding letter. Final terms could dilute shareholders, and new SEC filings reveal planned insider sales.
Apple Shares Near Peak as Siri Faces AI Showdown at WWDC
Apple shares ended the holiday-shortened week near record levels, with investors focused on the upcoming WWDC where Siri's AI capabilities will be scrutinized.
Redwire Stock Surges 40% in Four Sessions, Faces Key Test Monday
Redwire shares surged 40% in four sessions on defense contract wins and space sector momentum, but a $350M ATM offering and valuation concerns could test the rally Monday.