News Gist .News

Articles | Politics | Finance | Stocks | Crypto | AI | Technology | Science | Gaming | PC Hardware | Laptops | Smartphones | Archive

Rocket Lab Shares Are Falling Today?

Rocket Lab USA, Inc.'s stock has dropped 10% following a critical report from Bleeker Street Research that questions the company's projected timelines and financial stability. The report challenges Rocket Lab's claims about its Neutron rocket's readiness, projecting a delay of one to two years beyond the mid-2025 target. This delay could significantly impact Rocket Lab's ability to compete with SpaceX's Falcon 9 in the launch market.

See Also

Forecasting Fate for Rocket Lab Usa, Inc. (Nasdaq: Rklb) After Its Annual Results Δ1.84

Rocket Lab USA, Inc. (NASDAQ:RKLB) is expected to see a significant increase in revenue and a substantial reduction in loss per share next year, with analysts forecasting revenues of US$599.2m and a loss per share of US$0.17. The company's ability to maintain its historical growth rate and continue outpacing the broader industry will be crucial in meeting these expectations. If achieved, this would mark a substantial improvement from the current statutory loss.

SpaceX Rocket Spins Out of Control in Test Flight Failure Δ1.77

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.

Oklo Inc. (OKLO) Crashed on Thursday Δ1.76

Oklo Inc.'s share price plummeted by 14.26 percent on Thursday, leaving it 7th on our list of the day's biggest losers. The company's decline was largely attributed to concerns over uranium imports and tariffs imposed on Canadian suppliers. Despite analysts' bullish views on Oklo's prospects due to the growing Artificial Intelligence industry and government support for the energy sector.

SpaceX Postpones Starship Test Flight over Unspecified Ship Issue Δ1.76

SpaceX has called off its eighth Starship test flight from Texas due to an unspecified issue on the rocket system's core, delaying the company's attempt to deploy mock Starlink satellites in space for at least 24 hours. The delay comes after a January mission ended eight minutes into flight when Starship exploded over the Caribbean. The postponement has raised concerns about the stability and reliability of SpaceX's next-generation Starship spacecraft.

Nvidia (NVDA) Stock Is Slipping Today Δ1.75

Nvidia's 1% pullback today follows Morningstar's assertion that the stock is "fairly valued," with two technical analysts cautioning about its shares in statements to Yahoo Finance. The research firm expects the company's revenue growth to slow to 21% during its next fiscal year, citing a potential slowdown in demand for AI chips starting in 2026. This assessment contrasts with Morningstar's fair value estimate of $130.

FAA Clears SpaceX for Another Starship Test Flight After Explosion in January Δ1.75

SpaceX has attained authorization from regulators to fly its massive Starship rocket once again, despite a catastrophic explosion during the seventh test flight in January that forced several commercial flights to be diverted or delayed. The FAA granted the modified license to SpaceX, which has not yet completed its mishap investigation, allowing the company to proceed with an uncrewed test flight. This decision has raised concerns about the safety and regulatory oversight of Elon Musk's ambitious space program.

Spacex Readies a Redo of Last Month’s Ill-Fated Starship Test Flight Δ1.74

SpaceX is set to launch its eighth test flight of the Starship rocket after receiving Federal Aviation Administration approval, aiming to rectify the failures of the previous launch that ended in a breakup mid-flight. This upcoming flight will test several critical features, including satellite deployment and an upgraded heat shield, which are essential for future missions, particularly those targeting lunar and Martian exploration. With a successful launch, SpaceX hopes to demonstrate enhanced reliability and performance, crucial for its ambitious plans for interplanetary travel.

Nvidia, Tesla Stocks Slip as 'Magnificent 7' Names Lead Markets Lower Δ1.74

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.

Intuitive Machines Stock Plummets After Second Sideways Moon Landing Δ1.74

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.

Marvell Plunges After Forecast Trails Loftiest Estimates Δ1.73

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.

The Stock That Defies Convention Returns Δ1.73

Richardson Electronics, Ltd. (NASDAQ:RELL) shareholders are probably generally happy with their 222% returns over the last five years, but the stock hasn't had particularly good run recently, with the share price falling 11% in the last quarter. The company's underlying fundamentals have driven long-term performance, with revenue growth at 7.6% per year and a TSR of 222%. However, to understand whether this trend continues, it's essential to examine the drivers of the growth.

Tech Sell-Off Gains Momentum as Nasdaq 100 Breaks 200-Day Moving Average Δ1.73

The tech sell-off has accelerated, with top performers like Amazon, Nvidia, and Tesla experiencing significant declines. The Nasdaq 100 (^NDX) has broken its key 200-day moving average for the first time in nearly two years, signaling a shift in investor sentiment towards more defensive sectors. The prolonged uptrend, which spanned 497 days, was marked by a 73% return, but the latest downturn raises concerns about the broader market's resilience.

Elon Musk Dealt Second Major Blow as Another Disaster Strikes Δ1.73

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.

Marvell Technology (NasdaqGS:MRVL) Shares Fall 23% Despite Positive Q4 Earnings Turnaround Δ1.73

Marvell Technology reported a notable shift from a net loss to income in its Q4 earnings, accompanied by significant sales growth and innovations in 2nm silicon targeting AI and cloud solutions. However, despite these positive developments, the company's shares plummeted 23%, likely influenced by broader market declines and investor skepticism regarding future performance. The semiconductor sector's overall struggles, despite some strong earnings from competitors, further compounded Marvell's difficulties in maintaining investor confidence.

Palantir (PLTR) Shares Skyrocket, What You Need To Know Δ1.73

Shares of data-mining and analytics company Palantir (NYSE:PLTR) jumped 5.6% in the morning session after Wedbush analysts reaffirmed their Buy rating, suggesting they are unshaken in their resolve, despite the company surrendering most of its post-earnings (Q4 2024) stock gains amid worries about government budget cuts. The analysts highlighted Palantir's ability to win a bigger share of the remaining pie, citing its AI capabilities and involvement in key military projects. However, this move may be short-lived as concerns surrounding the company's financials and CEO Alex Karp's new stock plan continue to cast a shadow over the stock.

Nvidia (NVDA) Shares Are Trading Lower Today. Δ1.73

Nvidia shares fell 7.9% in the afternoon session amid market volatility, with the stock seemingly affected by broader economic downturns and concerns about its business in China. The company's graphics chips have been impacted by the trade war drama, with some Chinese buyers finding ways to circumvent export restrictions. Despite this, Nvidia remains a high-quality company with a strong track record of cash flows.

Nvidia Struggles to Meet Investor Expectations Δ1.73

Nvidia's fourth-quarter report delivered strong revenue growth, exceeding Wall Street estimates with $39.3 billion in sales, but its forecast for gross margin fell short, raising concerns about pricing pressure and competition. The company's stock price plummeted 8.5% on Thursday after the announcement, a decline that has left investors questioning whether the market is still optimistic about Nvidia's prospects. Despite beating expectations, the chipmaker's performance was unable to satisfy investors, leaving its market capitalization below $3 trillion.

Tesla (NasdaqGS:TSLA) Shares Dip 11% Amid Nissan Investment Rumors. Δ1.73

The recent decline of Tesla's shares by 11%, amidst rumors of a potential investment in Nissan Motor Co., Ltd., and a partnership agreement with WattEV, was largely driven by market volatility and general economic uncertainty. Despite CEO Elon Musk publicly denying the claims, the M&A discussions caused a ripple effect on the stock price, boosting Nissan’s share by 10%. Meanwhile, Tesla's commitment to expanding its EV and charging infrastructure remains strong, as evidenced by its partnership with WattEV.

Sunnova Stock Hits All-Time Low on 'Going Concern' Warning Δ1.73

Sunnova Energy International has announced that it may not be able to continue as a "going concern" in a year due to financial difficulties, which have led to its shares losing nearly two-thirds of their value. The solar power company's declining demand for alternative energy products has resulted in a 13% decrease in solar energy system and product sales revenue for fiscal 2024. Sunnova has taken steps to address its financial condition, including mandating domestic content for dealers and raising prices.

Tesla Stock Faces DOWN, as Sales Drop in Critical Chinese Market Δ1.73

Tesla's electric vehicle sales are plummeting in the critical Chinese market, with preliminary data showing a 49% year-over-year drop in shipments from its factory in Shanghai for the month of February. This decline comes amid increased competition from EV makers like BYD and legacy car makers from Europe and Japan. The company's retail sales are also cratering across Europe, despite growth in the broader EV market.

Zai Lab Limited (NASDAQ:ZLAB) Just Released Its Annual Results And Analysts Are Updating Their Estim Δ1.73

Investors in Zai Lab Limited (NASDAQ:ZLAB) had a good week, as its shares rose 2.5% to close at US$34.64 following the release of its annual results. Revenue hit US$399m in line with forecasts, although the company reported a statutory loss per share of US$2.60 that was somewhat smaller than the analysts expected. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of.

CrowdStrike Shares Tumble After Disappointing Earnings Outlook Δ1.73

CrowdStrike Holding Inc. shares plummeted after the cybersecurity company issued a worse-than-expected earnings outlook, indicating that it's still recovering from a flawed software update that crashed millions of computers globally last year. The company's adjusted earnings for the three months ending April 30 fell short of analyst projections, sending the shares down by as much as 12% in intraday trading. CrowdStrike's quarterly report showed strong subscription revenue growth, but disappointing free cash flow and investigations into a major deal with Carahsoft Technology Corp.

Why Alphabet Stock Fell 17% in February Δ1.73

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.

SpaceX Rocket Explodes, Raining Debris From Sky for Second Time in a Row Δ1.73

A SpaceX rocket exploded shortly after it was launched from Texas on Thursday, grounding flights and triggering warnings about falling spaceship debris. The massive SpaceX Starship, the largest rocket ever created, spun out of control shortly after its launch. No injuries or damage have been reported but images from those in Caribbean Sea island nations show fiery debris raining from the sky.

Nvidia Leads Chipmaker Stocks Lower as Investor Fears Over AI Demand Continue to Weigh Δ1.73

Nvidia's stock has dropped more than 3% early Thursday, leading other chipmakers down as fears over AI demand continued to weigh on the sector. The company's shares have declined nearly 13% year-to-date, with the AI chipmaking giant seeing its worst monthly performance in February since July 2022. Investors are becoming increasingly anxious about the growing competition in the field of artificial intelligence and semiconductor manufacturing.