NASA’s Artemis II moon mission launches with 4 astronauts. Space stocks like Rocket Lab surge. SpaceX valued at $1.3T eyes record $75B IPO.
Author: Trader Edge
Read More
DeFi Technologies (DEFT) stock soared 32% after reporting FY25 revenue of $99.1M, up 215% YoY, with net income reaching $62.7M from a prior-year loss.
Firefly Aerospace (FLY) shares jumped 20.5% Tuesday on SpaceX IPO news. Revenue surged 541% YoY to $57.67M. Wall Street targets $35.13 price.
Oracle (ORCL) stock jumped 6% after announcing layoffs of up to 30,000 workers to fund AI data center expansion and improve cash flow.
Baidu (BIDU) stock drops as 100+ Apollo Go robotaxis freeze mid-traffic in Wuhan due to system failure, trapping riders for hours.
CoinShares (CSHR) debuts on Nasdaq after $1.2B SPAC merger with Vine Hill Capital. The European crypto manager oversees $6B across 39 investment funds.
OpenAI completes historic $122B funding round at $852B valuation, led by Amazon, Nvidia, and SoftBank, with 900M weekly ChatGPT users and $2B monthly revenue.
NIO (NIO) stock jumped 9% after reporting March deliveries of 35,486 vehicles, up 136% YoY, with Q1 totals reaching 83,465 units, up 98.3%.
RH (RH) stock declined after disappointing Q4 earnings and revenue miss, with tariffs impacting margins and Q1 2026 revenue expected to fall 2%-4%.
Goldman Sachs believes the stock market’s recent decline has created favorable conditions for April, with Q1 earnings season now taking center stage.
Cyclerion Therapeutics (CYCN) soars 160% after unveiling reverse merger with Korsana Biosciences and $380M private placement for Alzheimer’s drug development.
Conagra Brands (CAG) stock falls after Q3 earnings miss. Revenue tops $2.79B forecast, but company cuts FY profit outlook amid 7% cost inflation.
Tilray (TLRY) stock rose 8% after posting record Q3 revenue of $206.7M and delivering a surprise profit, crushing Wall Street expectations.
Ken Griffin made Nvidia and Amazon his largest holdings in Q4 2024, betting on robotaxi development and AI infrastructure. Analysis of both investments.
Samsung and SK Hynix surged over 10% Wednesday as Trump’s Iran ceasefire comments sparked a broad rally in Korean tech stocks after March’s selloff.