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Planet Labs Stock Soars 34% After Earnings Report. Why Shares Are Headed to the Moon
Key PointsPlanet Labs reported break-even earnings per share on revenue of $81.3 million for its fiscal third quarter.The company updates its fiscal 2026 revenue guidance to a midpoint of $299 million, up from a previous outlook.Shares of Planet Labs are rising sharply after the earnings report.Plan...Tiger News
Thu, Dec 11
Crypto Shares Drop as Bitcoin Dips Below $90,000. American Bitcoin Down over 5%; SBET, Robinhood Down About 4%; Circle, BitMine Down About 3%
Crypto shares dropped as bitcoin fell below $90,000. American Bitcoin down over 5%; SBET, Robinhood down about 4%; Circle, BitMine down about 3%.Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artifi...Tiger News
Thu, Dec 11
Pre-Bell｜Wall Street Futures Slide; Oracle Tumbles 11%; Planet Labs Rises 17%; GEMI Jumps 14%; Nvidia, Broadcom Sink over 1%
U.S. stock index futures tumbled on Thursday after Oracle's forecasts raised fresh concerns about hefty AI spending and outweighed optimism over a less hawkish tone from the Federal Reserve.Market SnapshotAt 7:30 a.m. ET, Dow e-minis were up 22 points, or 0.05%, S&P 500 E-minis were down 18.5 points...Tiger News
Thu, Dec 11
Premarket Movers | Gemini Space Station Rockets 18%; Planet Labs Soars 17%; Crypto Shares Fall With SBET, BitMine Down over 3%
Gemini Space Station Inc, the crypto platform founded by billionaire twins Tyler and Cameron Winklevoss, said on Wednesday it had received a license from the Commodity Futures Trading Commission to offer prediction markets to U.S. customers. Shares of the New York-based company jumped over 18% in pr...Tiger News
Thu, Dec 11
Big Techs Drop as Oracle Results Fail to Stoke AI Trade. TSMC, Micron, Nvidia down about 2%; Palantir, AMD, Broadcom, Meta, Microsoft down over 1%.
Big tech stocks fell in premarket trading as Oracle's results reignited fears about high-flying tech stocks even after the Federal Reserve's latest interest rate cut gave a boost to U.S. equity markets in the prior session.TSMC, Micron, Nvidia down about 2%; Palantir, AMD, Broadcom, Meta, Microsoft ...Tiger News
Thu, Dec 11
Nasdaq 100 Futures Fall 1.2% While S&P Futures Drop 0.9% as Oracle Results Fail to Stoke AI Trade
S&P and Nasdaq futures fell Wednesday night as Oracle's results reignited fears about high-flying tech stocks even after the Federal Reserve's latest interest rate cut gave a boost to U.S. equity markets in the prior session.Futures tied to the Dow Jones Industrial Average fell 226 points, or 0.47%....Tiger News
Thu, Dec 11
24H｜Planet Labs Jumped 15%; Firefly Up 8%; Oracle Tumbled 11%; CoreWeave Down 4%; Nvidia Down 1%
Planet Labs Pbc reported breakeven fiscal Q3 non-GAAP results late Wednesday, compared with the loss of $0.03 a year earlier. Planet Labs shares rose 15% in overnight trading.Firefly Aerospace Inc. (NASDAQ:FLY) shares are trading 8% higher in overnight trading after the company announced a new com...Tiger News
Thu, Dec 11
US Stocks Rally After Fed Cuts Interest Rates. Netflix Falls 4%; Palantir Jumps 3%; Micron Rises 4.5%; EchoStar Soars 11%; GE Vernova Surges 16%
Wall Street ended higher on Wednesday, after the Federal Reserve cut interest rates by a quarter percentage point as expected and investors bet on further easing down the road even as the central bank signaled that it will put further cuts on pause for now.Tiger News
Thu, Dec 11
Fed's Powell: Outlook for Employment and Inflation Have Not Changed Much; Inflation Has Eased but Remains "Somewhat Elevated"
Powell says that available data show that the outlook for employment and inflation have not changed much since the last meeting. He nods to the disruption of data due to the federal shutdown.Powell emphasizes that the decision about upcoming Treasuries purchases is solely related to the purpose of m...Tiger News
Wed, Dec 10
Top Calls on Wall Street: Nvidia, Amazon, PepsiCo, Roblox, GE Vernova, Micron Technology & More
Here are the biggest calls on Wall Street on Wednesday:Stephens initiates LKQ at OverweightStephens says the online auto parts store is a “deep value stock.”“We are initiating coverage of LKQ with an Overweight rating, $39 PT.”JPMorgan upgrades PepsiCo to Overweight from NeutralJPMorgan says the sto...Tiger News
Wed, Dec 10
Marvell Technology Rebounds 2.5% as CEO Denies Loss of Amazon and Microsoft Orders
Shares of Marvell rebounded 2.5% on Wednesday. In a Tuesday interview with CNBC’s Jim Cramer, Marvell Technology CEO Matt Murphy dismissed reports suggesting his company lost business from high-profile customers.“I can tell you this, from Tuesday to Friday, nothing changed,” Murphy said, referring t...Tiger News
Wed, Dec 10
Pre-Bell｜Wall St Futures Slip Ahead of Fed Meeting; Nvidia Edges Up; EchoStar Jumps 5%; GEV Soars 11%; Photronics Rockets 16%; GameStop Drops 6%
U.S. stock index futures fell on Wednesday, ahead of a Federal Reserve monetary policy decision widely expected to deliver an interest rate cut alongside hawkish commentary on the path of future easing.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 38 points, or 0.08%, S&P 500 E-minis were do...Tiger News
Wed, Dec 10
Premarket Movers | Braze Rallies 13%; Nuclear Stock GE Vernova Gains 6%; iRobot Pops Another 6%; Palantir Rises 1.5%; GameStop Sinks over 6%
Braze, Inc. stock rallied about 13% in premarket trading after the company released its third-quarter earnings report, beating the analyst revenue estimate and raising its fiscal 2026 guidance.GE Vernova Inc. said on Tuesday it expects higher revenue in 2026, compared with its forecast for 2025, on ...Tiger News
Wed, Dec 10
Premarket Movers | DXYZ Soars 11% and EchoStar Gains over 6% After SpaceX to Pursue 2026 IPO Raising Above $30 Billion
Destiny Tech100 Inc rose 11% in premarket trading, EchoStar jumped over 6%. SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 billion, people familiar with the matter said, in a transaction that would make it the biggest listing of ...Tiger News
Wed, Dec 10
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