markets

Claire Yubin Oh12/22/25

Rocket Lab builds on Friday’s gain after landmark $816 million satellite contract and record Electron rocket launches in 2025

Rocket Lab is ending the year with a timely boost to its fortunes.

The company is up another ~4% in premarket trading on Monday, building on Friday’s ~18% gain, which came after the company announced an $816 million deal to design and manufacture 18 satellites for the US Space Development Agency on Friday, marking the company’s largest single contract to date.

Per Rocket Lab’s press release, CEO Peter Beck commented that “as the only commercial provider producing both spacecraft and payloads in-house for the SDA Tracking Layer, Rocket Lab is delivering a truly disruptive solution that combines speed, resilience, and affordability,” emphasizing the company’s vertically integrated manufacturing approach, with all of the major components of its satellites designed and produced in-house.

In a separate announcement on Monday, Rocket Lab also shared the successful launch of its 21st Electron rocket of the year and the seventh for Japanese Earth imaging company Institute for Q-shu Pioneers of Space, Inc., finishing the year with 100% mission success for its flagship spacecraft and establishing it as the world’s most frequently launched small-lift orbital rocket, according to the company. The company has plans for five additional Electron launches for iQPS in 2026.

Another name in the space arena, satellite peer AST SpaceMobile, is also trading higher after spiking at the end of last week. Following a 15% gain on Friday, ASTS is up another 4% early on Monday as optimism builds for its BlueBird 6 launch, pivotal to the company’s direct-to-smartphone strategy, scheduled to launch on December 23, 2025, at 10:24 p.m. ET.

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Meet the newly public, Bezos-backed company that’s recreating the sun and stars

General Fusion CEO Greg Twinney spoke with Sherwood News from the Nasdaq during the stock’s first day of trading.

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markets

J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

US job growth falls far short of estimates in June; unemployment rate unexpectedly dips to 4.2%

Job growth was 57,000. Analysts foresaw job growth of 113,000; prediction markets were more optimistic, looking for job growth above 125,000 but below 150,000.

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Meta surges on report it’s starting a cloud business to sell excess AI compute

The story of the hyperscalers in 2026 has largely been “the beatings will continue until the cash flow outlook improves;” this could help change the story for Meta. Or not.

Meta CEO Mark Zuckerberg visits U.S. Capitol for Senate meetings

markets

Paige Oamek6/30/26

Nike sinks to lowest level since 2014 after warning of “challenged” sales environment in Q4 report

Did Nike do it?

Investors had a mixed reaction after the global sports apparel company reported its fourth quarter earnings on Tuesday after the bell. Shares initially rose 5% as Nike beat out Wall Street expectations amid a hefty tariff refund bonus. However, the stock then sank to its lowest level since August 2014 in postmarket trading.

Here are the Q4 numbers:

Revenue of $11.0 billion (estimate: $10.8 billion).
Adjusted earnings per share of $0.20 (estimate: $0.12).

Ahead of this report, Nike warned that results would be flattered by a one-time tariff refund (now estimated at roughly $0.52 per share for the bottom line). That gave the company an extra cushion in snapping its streak of seven quarters of year-over-year profit declines.

Over the past year, the company had been punished by tariffs on imported goods, stagnant consumer spending, and increasing competition from other footwear brands like New Balance, Adidas, and Hoka.

Outgoing CFO Matthew Friend deemed it an “increasingly challenging operating environment, where sell-through remains challenged.”

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