Investment
Features
FeesSafety
Academy
More
Pluang+

Rocket Lab launches 8 satellites under $143M contract; motor oil shortage hits automakers; Colombia seeks US tariff relief after quake

Market News
17 Aug 2026
Seeking Alpha
View Source
Bullish
pluang ai news

Rocket Lab successfully deployed eight satellites for MDA Space as part of a $143 million contract, marking a key milestone in replenishing Globalstar's satellite network. Meanwhile, automakers face a motor oil shortage due to disrupted supplies of high-quality base oils following a strike on an Iranian plant, causing prices to triple and forcing lubricant substitutions. Colombia has requested a temporary suspension of U.S. tariffs to support recovery efforts after a devastating earthquake, aiming to ease economic pressure on exporters amid rebuilding. These developments impact sectors from space technology to automotive and international trade.

More News (RKLB)

Rocket Lab beats revenue estimates with satellite launch success but misses EPS, showing growth focus.

Rocket Lab beats revenue estimates with satellite launch success but misses EPS, showing growth focus.

Rocket Lab successfully launched eight satellites for MDA Space as part of a $143 million deal, boosting revenue to $234.07 million, above analyst expectations. Despite this operational success, the company reported a negative EPS of -$0.08, missing ...

Company Fundamentals
Neutral
2 hours ago
Rocket Lab launches eight satellites to replenish Globalstar's communications network under $143M contract.

Rocket Lab launches eight satellites to replenish Globalstar's communications network under $143M contract.

Rocket Lab successfully launched eight customized Lightning satellites on August 15 from Cape Canaveral to replenish Globalstar's communications constellation. These satellites, part of a $143 million contract with MDA Space, will enhance Globalstar'...

Market News
Bullish
17 hours ago
SpaceX IPO ends NASA ETF's unique edge; fund now offers broad space sector exposure with mixed returns.

SpaceX IPO ends NASA ETF's unique edge; fund now offers broad space sector exposure with mixed returns.

The Tema Space Innovators ETF (NASA) initially attracted investors by offering direct exposure to SpaceX through a special-purpose vehicle before SpaceX's IPO in June 2026. Once SpaceX went public, the ETF's unique access premium vanished, and SpaceX...

Market News
Neutral
2 days ago
QQQ leads large-cap growth ETFs with strongest 10-year returns, driven by tech and AI innovation exposure.

QQQ leads large-cap growth ETFs with strongest 10-year returns, driven by tech and AI innovation exposure.

Three major large-cap growth ETFs—Schwab SCHG, Vanguard VUG, and Invesco QQQ—offer different approaches to capturing growth, especially in AI and tech sectors. QQQ, tracking the Nasdaq-100, outperformed with a 10-year return of about 513%, benefiting...

Market News
Bullish
2 days ago
Rocket Lab raises price target to $209 after Q2 revenue hits record $234.1M with strong launch backlog.

Rocket Lab raises price target to $209 after Q2 revenue hits record $234.1M with strong launch backlog.

Rocket Lab Corporation reported a record $234.1 million in revenue for Q2 2026, marking a 62% year-over-year growth and surpassing analyst expectations. The company also achieved a record backlog of over 90 launches and secured more than $437 million...

Analyst Insights
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App