Rocket Lab reported a record Q2 revenue of $234 million, up 62% year-over-year and beating estimates, driven by strong launch contract growth. Despite this, the company posted a wider GAAP loss of $0.08 per share due to heavy investments in its Neutron rocket and other growth initiatives. The backlog reached a record $2.36 billion, up 137% year-over-year, with over 90 launches booked. Rocket Lab expects Q3 revenue between $250 million and $265 million and plans its first Neutron rocket launch in Q4 2026.
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...
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...
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...
