Rocket Lab secured its largest launch contract ever, a multi-launch deal for eight missions from 2026 to 2029, boosting its backlog above $2.2 billion and 70 missions. The company also won a $30 million hypersonic test launch contract with Anduril Industries, expanding its defense market presence. Additionally, Rocket Lab announced plans to acquire Motiv Space Systems to enhance its space systems capabilities. Strong Q1 revenue of $200.35 million beat estimates, and the company forecasted Q2 revenue well above expectations, driving shares up over 6% in premarket trading.
On December 1, 2025, YieldMax Ultra Option Income Strategy ETF (ULTY) executed a 1-for-10 reverse split, raising its share price tenfold but not increasing investor value. The fund charges a high 1.24% expense ratio, significantly more than comparabl...
YieldMax Ultra Option Income Strategy ETF (ULTY) promises a high annualized yield near 62% through weekly distributions by selling options on volatile tech stocks. However, its total return over the past year was -4.8%, far below the S&P 500's 22% ga...
