News Powered By AI
News Powered By AI
Rocket Lab’s stock rallied on record revenue, strong guidance, a substantial backlog, and demand for launch and space systems services, while the company announced plans to acquire satellite operator Iridium Communications.
Netflix shares declined after the company’s second-quarter outlook disappointed investors, with concerns about rising content costs and management departures also pressuring the stock.
Nike has been removed from the S&P 100 after an 18-year streak, with shares falling nearly 80% from their 2021 peak of about $179 per share to $36.85 this year.
Arm Holdings rose on stronger AI-driven data center and CPU demand, with shares gaining 70.80% over the past 52 weeks and closing at $264.23 per share on September 09, 2026.
HIVE Digital Technologies appointed Mark Volk as Senior Vice President of Revenue at subsidiary BUZZ HPC to scale its AI cloud and high-performance computing business globally.
Oracle reported 30% revenue growth in its latest quarter, beating estimates, with cloud revenue surging 62%. However, the stock closed down nearly 2% on concerns about the company’s $125 billion debt load from AI infrastructure investments.
