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Intuitive Machines Stock Plummets After Second Sideways Moon Landing

Intuitive Machines experienced a significant 22% drop in its stock price following the confirmation that its second moon lander, Athena, landed on its side, mirroring its previous mission's outcome. Despite achieving several mission milestones and collecting data for NASA, the sideways landing raises serious concerns about the viability and reliability of the company’s lunar exploration capabilities. The incident comes at a precarious time for the firm, which is already navigating the competitive landscape of private space exploration.

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Private Space Company Intuitive Machines Lands on Moon, But Status Unclear Δ1.89

Intuitive Machines said on Thursday that its robotic Athena lander has landed on the moon's surface but details of the spacecraft's status and health remained unclear, a tense moment in the company's second such attempt. The Houston-based space startup is one of many companies primed by NASA to return the United States to the moon, with greater private sector involvement seen as a lower cost but higher risk means of spaceflight. The mission's customers, with payloads aboard the Athena lander, waited for updates on whether the payloads can perform their tasks as planned.

Intuitive Machines' Second Moon Lander Is Dead Δ1.87

Intuitive Machines' Athena lunar lander has ceased operations just a day after its landing at the moon's south pole, where it tipped over and could not recharge its batteries due to adverse conditions. Despite this setback, the company reported that several key experiments were successfully deployed, including NASA’s Polar Resources Ice Mining Experiment. This incident marks another challenge for Intuitive Machines, following a similar outcome with its previous moon lander, Odysseus, raising questions about the reliability of their lunar missions.

Yes, We Are About to Be Treated to a Second Lunar Landing in a Week Δ1.84

Intuitive Machines is preparing for its second lunar landing attempt, carrying valuable experiments including the PRIME-1 ice drill and a NASA-funded hopper to explore lunar craters. The company has implemented significant changes to its spacecraft and software based on lessons learned from its first landing, where a failure in altitude measurement led to a crash landing. As anticipation builds for the live coverage of the landing, the success of this mission could have implications for future commercial lunar exploration.

Spacecraft Carrying Hopping Robot Lands on Moon Δ1.84

Intuitive Machines has successfully landed its spacecraft, Athena, near the Moon’s South Pole, although it has not yet confirmed the vehicle's orientation or condition. The mission carries a unique hopping robot, Micro Nova Hopper, designed to explore a permanently shadowed crater for potential ice deposits, which could be crucial for future lunar and Martian colonization efforts. This landing marks a significant step in NASA's partnership with private companies to advance lunar exploration and assess the viability of establishing human bases on the Moon.

Tesla's AI Stock Picks Under Pressure Amid Near-Term Headwinds Δ1.78

Tesla, Inc.'s (NASDAQ:TSLA) stock price target has been lowered by Baird, reflecting near-term headwinds in the automotive and energy sectors. The firm's analysts expect a decline in sales due to competition from established players and the company's focus on luxury products. Meanwhile, the AI-powered rally in Chinese equities could boost other markets as well, according to Goldman Sachs.

Moon Landing Success Sparks Industry Growth Δ1.77

The recent landing of Blue Ghost, a private spacecraft developed by Firefly Aerospace, on the Moon's surface has significant implications for the space industry. The successful mission marks only the second time a commercial vehicle has reached the lunar surface, with Intuitive Machines' Athena spacecraft expected to follow suit in the coming days. As private companies like Firefly and Intuitive Machines push the boundaries of space exploration, they are helping to pave the way for future missions that could potentially unlock the Moon's resources.

AI Stocks Get Smashed in Market Shake-Up Δ1.77

Applied Digital's stock price plummeted 24.3% this week due to rising macroeconomic concerns and investor sell-outs following Nvidia's earnings report on Wednesday. Investors bristled at new tariffs on Canada and Mexico, as well as proposed export restrictions that could impact the sale of AI chips and semiconductor equipment to China. The company's reliance on Taiwanese semiconductors further fueled concerns about potential hardware cost increases.

Elon Musk Dealt Second Major Blow as Another Disaster Strikes Δ1.77

Elon Musk's week has been marred by multiple setbacks, including slumping European sales for Tesla and a failed test flight of SpaceX's Starship rocket. The electric vehicle market is becoming increasingly competitive, with Musk's company struggling to maintain its dominant position. The recent disaster has raised concerns about the safety and reliability of SpaceX's technology.

Pubmatic Stock Plummets as Ad Tech Firm Misses Expectations Δ1.77

Shares of programmatic advertising platform Pubmatic fell 24% in the morning session after the company reported weak fourth-quarter results, with revenue and EBITDA guidance for the next quarter falling short of Wall Street's estimates. On the other hand, PubMatic beat analysts' EPS and EBITDA expectations this quarter. The stock market overreacted to news, and big price drops can present good opportunities to buy high-quality stocks.

Palantir's Stock Is Getting Obliterated Today Δ1.77

Shares of data-mining and analytics company Palantir are experiencing significant declines due to ongoing concerns over the trade war, with investors shifting their sentiment from optimism to pessimism. The market is in 'risk-off' mode, resulting in outsized declines across various sectors, including technology. The stock's volatility has led to a 9.3% drop in the afternoon session.

Tesla's Resilience Amid AI Selloff Sparks Hope for Long-Term Growth Δ1.77

Tesla Inc (NASDAQ:TSLA) continues to attract retail traders, with a significant number of hedge funds investors maintaining their "buy" rating for the stock. Gene Munster and Steve Sosnick, prominent analysts, believe that retail traders are not abandoning Tesla, citing the company's strong fundamentals and growth potential in AI and robotics. Despite concerns about stagnant product lineup and declining market share in Europe, Tesla's resilience in the current AI selloff may indicate a long-term bullish trend for the stock.

Marvell Plunges After Forecast Trails Loftiest Estimates Δ1.77

Marvell Technology Inc. declined in late trading after delivering a revenue forecast that fell short of the highest estimates, disappointing investors who were looking for a bigger payoff from the AI boom. The company's shares had been up recently due to expectations of strong demand for its chip design services, which cater to major tech customers developing their own data center semiconductors. However, concerns about the slowdown in AI spending and the emergence of cheaper alternatives have led investors to reassess the stock.

Nvidia, Tesla Stocks Slip as 'Magnificent 7' Names Lead Markets Lower Δ1.77

The "Magnificent Seven" stocks experienced significant declines on Monday as investors took risk off the table amid concerns about inflation and economic uncertainty. Shares of Nvidia and Tesla dropped more than 2% before the market open, while Alphabet, Amazon, Meta, Apple, and Microsoft saw smaller losses. The tech-heavy Nasdaq Composite entered correction territory last week, and the S&P 500 fell 6% from its record high reached on February 19.

Dan Ives Says These 2 Stocks Are in the "Sweet Spot" Of the Artificial Intelligence (AI) Movement Δ1.76

Two AI stocks are poised for a rebound according to Wedbush Securities analyst Dan Ives, who sees them as having dropped into the "sweet spot" of the artificial intelligence movement. The AI sector has experienced significant volatility in recent years, with some stocks rising sharply and others plummeting due to various factors such as government tariffs and changing regulatory landscapes. However, Ives believes that two specific companies, Palantir Technologies and another unnamed stock, are now undervalued and ripe for a buying opportunity.

Dell's Ai Boom Can't Stop a 7% Stock Drop - Along with Earnings Miss and Accounting Bombshell Δ1.76

Dell Technologies' fourth-quarter earnings report showed mixed results, with revenue growing but missing estimates, as investors continue to watch closely for signs of improvement. Despite soaring AI sales, the company's stock price plummeted 7% after announcing financial restatements related to supplier credits. The Infrastructure Solutions Group drove growth with a 22% increase in AI server sales.

Marvell Plunges After Forecast Trails Loftiest Estimates Δ1.76

Marvell Technology Inc. experienced a significant drop in share value following a revenue forecast that did not meet the highest expectations of investors, resulting in a 16% decline in late trading. The company projected fiscal first-quarter sales of approximately $1.88 billion, aligning with average analyst estimates but falling short of some forecasts that reached up to $2 billion. This disappointment comes as the chipmaker is viewed as a crucial player in the AI sector, where investor sentiment has been shaky due to concerns over spending cuts from major customers.

SpaceX Rocket Spins Out of Control in Test Flight Failure Δ1.76

A recent SpaceX rocket test flight resulted in a catastrophic explosion shortly after liftoff, grounding flights and raising concerns about falling debris. The failure marks the second consecutive test failure for the Starship program, which aims to establish a permanent human presence on Mars. Elon Musk's private space company is now working to rectify the issue and prevent further accidents.

BigBear.ai Stock Plummeted This Week Δ1.76

BigBear.ai's stock price ended the stretch down 17.1%, according to data from S&P Global Market Intelligence, as the company's valuation saw a big setback in conjunction with the market's renewed focus on macroeconomic risk factors. Nvidia's fourth-quarter report also prompted a wave of sell-offs that drove BigBear.ai and other artificial intelligence (AI) stocks lower. Following a series of hotter-concerning macroeconomic indicators last week, macroeconomic risks continued to shape this week's trading.

Power Stock at the Center of the AI Trade Is Fading as Impatient Investors Await a Data Center Deal Δ1.76

Power companies that previously thrived due to the AI surge are now experiencing declines as investors express frustration over the lack of significant data center deals. The anticipation for transformative partnerships has not materialized, leading to a reevaluation of growth projections within the sector. As excitement wanes, the market faces uncertainty regarding the sustainability of these companies' valuations without new developments.

Why Palantir Stock Plummeted This Week Δ1.76

Palantir's valuation sank early in the week's trading as investors continued to digest potential macroeconomic risk factors from tariffs and other catalysts. The company's share price then saw another big sell-off on the day of trading following Nvidia's fourth-quarter report. Palantir's stock started this week's trading off with a day of sell-offs as investors reacted to news that the Trump administration plans to go forward with plans to enact new tariffs on Mexico and Canada.

Stocks React to Tariff Threats and Economic Uncertainty Δ1.76

Nvidia's shares recovered from morning losses following President Trump's announcement of new tariffs and China's vow to retaliate, as investors sought stability in the wake of heightened trade tensions. The S&P 500 and Nasdaq-100 indices rose 0.2% and 0.3%, respectively, while the Dow Jones Industrial Average popped by 0.2%. However, some tech giants, including Super Micro Computer and Dell, fell due to concerns over the escalating tariff war's impact on their AI hardware business.

Why Alphabet Stock Fell 17% in February Δ1.76

In February, Alphabet's stock experienced a significant decline of 17%, primarily due to weaker-than-expected revenue reported in its fourth-quarter earnings, which raised concerns about its market competitiveness against rivals like Meta Platforms. The company's plans to substantially increase capital expenditures for AI investments met skepticism from investors, as the immediate impact on revenue generation remains uncertain. Additionally, broader market sell-offs and macroeconomic factors, including job cuts in its cloud division, contributed to the stock's downward trajectory.

Tesla's Electric Dreams Under Scrutiny Δ1.76

Tesla's stock just had its second-worst month ever as Elon Musk's investors turn jittery. The company's market value holds below $1 trillion, with shares falling 28% in February due to weakening U.S. consumer spending and uncertainty about tariffs and policy changes. Tesla's sales in the EU fell 45% in January, while earnings were also disappointing.

Futures Decline as Tariff Concerns Persist; Tesla Falls Δ1.75

U.S. stock index futures have dropped amid ongoing fears that escalating tariffs may negatively impact the economy, with Tesla's stock declining following a bearish forecast from UBS. Major tech companies, including Nvidia, Meta, and Amazon, also experienced declines as investors shifted towards safer assets like Treasury bonds. The volatility in the market is exacerbated by uncertainty surrounding President Trump's trade policies, which have raised recession fears among economists.

Advanced Micro Devices Inc. (AMD): Among Stocks That Will Go to the Moon According to Reddit Δ1.75

Advanced Micro Devices Inc. has been highlighted as one of the stocks expected to soar according to Reddit's retail investor community, amidst a backdrop of fluctuating market dynamics. Analyst Saira Malik notes that while tech stocks like AMD have captured significant attention, concerns around AI spending and productivity gains have begun to temper investor enthusiasm. As international markets outperform US equities, investors are advised to carefully select stocks with strong earnings potential and lower risks.