24H｜Planet Labs Jumped 15%; Firefly Up 8%; Oracle Tumbled 11%; CoreWeave Down 4%; Nvidia Down 1%

Tiger Newspress12-11

Planet Labs Pbc reported breakeven fiscal Q3 non-GAAP results late Wednesday, compared with the loss of $0.03 a year earlier. Planet Labs shares rose 15% in overnight trading.

Firefly Aerospace Inc. (NASDAQ:FLY) shares are trading 8% higher in overnight trading after the company announced a new commercial payload agreement with Volta Space Technologies to host a wireless power receiver on Firefly’s Blue Ghost Mission 2 lander on the far side of the Moon.

Chip stocks fell in overnight trading with Oracle tumbling 11%; Astera Labs, Credo and Navitas down 2%; Marvell, SanDisk and Nvidia down 1%.

CoreWeave, Inc. stock dropped 4% in overnight trading after the cloud-computing company said Monday it was issuing $2 billion in debt that can be converted into shares. On Tuesday, it increased the planned issue to $2.25 billion due to strong investor demand—and the stock rose. Now, it’s falling once again.

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