Rocket Lab Shoots Higher after Successful Electron Launch and Satellite Deployment
$Rocket Lab USA, Inc.$ surged over 12% in premarket trading.It plans to launch its 42nd Electron mission no earlier than Dec. 15 between 04:00 and 06:00 UTC.The mission is titled, "The Moon God Awakens." It will lift off from Rocket Lab's Launch Complex 1 in New Zealand carrying a satellite for Earth imaging company the Institute for Q-shu Pioneers of Space. The satellite is a synthetic-aperture radar satellite that will collect high-resolution images of Earth.
AI and Semiconductor Stocks Were Dragged Down in Morning Trading After Palantir’s News; SoundHound AI and Youdao Fell Over 4%
AI and semiconductor stocks were dragged down in morning trading after Palantir’s news; $SoundHound AI Inc$ and $Youdao$ fell over 4%.Palantir reported second-quarter earnings and revenue in line with the consensus estimates. On a GAAP basis, the company reported profitability for a third straight quarter.The company also raised the mid-point of full-year revenue guidance, calling for top-line excess of $2.212 billion, compared to the previous outlook of $2.185 billion to $2.235 billion. It also