Rocket Lab USA reported a 62% year-over-year revenue increase to $234.07 million in Q2 2026 but missed earnings estimates with a loss of $0.08 per share. Despite the loss and concerns over margin compression and launch delays, the company maintains a strong outlook with a record $2.36 billion backlog, $437 million in new contracts, and $2.13 billion in cash. Its Q3 revenue guidance of $250-$265 million surpasses Wall Street expectations, reflecting robust demand across its business segments. KeyBanc continues to rate the stock 'Overweight,' signaling confidence in Rocket Lab's long-term growth potential.
Space stocks traded unevenly Thursday morning following Intuitive Machines' Q2 earnings report, which showed record revenue but missed expectations and a wider loss. Despite the miss, new contract awards and backlog growth helped limit the selloff, s...
Rocket Lab's stock shows resilience with a strong backlog of over 90 launches booked, easing worries about delays in its Neutron rocket launch. Despite a high forward revenue multiple and free cash flow expected only by 2028, growing customer contrac...
Anthropic will embed persistent watermarks and provenance metadata in all AI-generated content from its Claude models in the EU starting August 2, complying with the EU AI Act for transparency. Sea Limited's stock rallied after beating Q2 revenue exp...
SpaceX shares dropped 5% to $131.78 after a recent 11% rally driven by an Argus upgrade faded. The decline reflects investor caution over the company's heavy capital spending on AI infrastructure, including plans for orbital data centers, and the imp...
Rocket Lab Corporation reported a 60% increase in Q2 revenue and exceeded guidance, securing over $1 billion in new contracts. Despite this strong growth, shares fell due to concerns over margin compression caused by a shift to lower-margin governmen...
