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Firefly Aerospace shares plunge 23% after rocket test explosion
Invezz· 2025-09-30 14:23
Core Viewpoint - Firefly Aerospace shares experienced a significant decline following the explosion of one of its rockets during testing, highlighting the challenges faced by the newly public space technology provider [1] Company Summary - The incident raised new concerns regarding the operational risks and technical challenges that Firefly Aerospace must navigate as it seeks to establish itself in the competitive space industry [1] - The stock performance reflects investor apprehension about the company's ability to deliver on its promises and the potential impact of such setbacks on its future growth [1] Industry Summary - The explosion underscores the inherent risks associated with the space technology sector, where safety and reliability are critical for gaining investor confidence and securing contracts [1] - As the industry evolves, companies like Firefly Aerospace will need to address these challenges effectively to maintain competitiveness and attract investment [1]
CoreWeave shares surge on $14.2 billion Meta cloud contract
Invezz· 2025-09-30 13:54
CoreWeave Inc. said on Tuesday it has struck an agreement to supply Meta Platforms Inc. with up to $14.2 billion of artificial intelligence cloud infrastructure, underscoring the steep costs associate... ...
Wolfspeed stock surges 35% on Tuesday, but analysts warn of up to 94% downside
Invezz· 2025-09-30 13:51
Core Insights - Wolfspeed stock experienced a significant 35% increase in pre-market trading following a substantial rally on Monday, indicating strong market interest and investor confidence in the company's recovery [1] Company Summary - The company has recently completed a challenging Chapter 11 bankruptcy process, which has allowed it to significantly reduce its massive debt burden, positioning itself for future growth [1]
US stocks cautious at open as government shutdown looms
Invezz· 2025-09-30 13:48
Group 1 - US stocks experienced a slight decline on Tuesday as investors considered the potential for a federal government shutdown [1] - The Dow Jones Industrial Average remained just below the flatline, indicating minimal movement [1] - The S&P 500 and the Nasdaq Composite both decreased by 0.1%, reflecting a cautious market sentiment [1]
Here's why I'd avoid the 11% yielding SPYI ETF and buy VOO
Invezz· 2025-09-30 13:06
Core Viewpoint - The Neos S&P 500(R) High Income ETF (SPYI) has performed well this year, reaching record high stock prices and offering an 11% yield, significantly higher than the Vanguard S&P 500 ETF [1] Group 1 - The SPYI stock price is currently at its record high [1] - The fund provides an 11% yield, which is much higher compared to other ETFs like the Vanguard S&P 500 ETF [1]
Nvidia, AMD to see massive surge? Citigroup forecasts trillion-dollar AI boom
Invezz· 2025-09-30 12:53
Nvidia and AMD look set to ride a huge wave of growth as AI spending is expected to explode in the coming years. Citigroup just put a number on it and forecasted that nearly $3 trillion is set to be p... ...
Celsius stock jumps 4% in premarket after Morgan Stanley upgrade
Invezz· 2025-09-30 12:47
Core Insights - Celsius Holdings is expected to experience additional gains as its core and acquired beverage lines strengthen across various markets [1] - Morgan Stanley has upgraded the energy drink maker, indicating positive market sentiment and growth potential [1]
Spotify names Co-CEOs as founder Daniel Ek transitions to Executive Chairman role
Invezz· 2025-09-30 12:03
Spotify announced on Tuesday that founder Daniel Ek will step down as chief executive officer at the start of 2026, transitioning to the role of executive chairman. The move will mark the end of his f... ...
Dow futures tank 150 points amid looming shutdown: 5 things to know before Wall Street opens
Invezz· 2025-09-30 11:47
Core Points - Dow futures dropped by 150 points, indicating a negative market sentiment as investors are concerned about political uncertainty in Washington and economic growth [1] - The urgency of Congress to meet a midnight deadline to prevent a government shutdown is contributing to cautious investor behavior [1]
ASOS stock slumps as analysts warn profit gains may not offset sales weakness
Invezz· 2025-09-30 11:10
Core Viewpoint - British online fashion retailer ASOS has warned that its annual revenue will fall below market expectations due to subdued consumer demand and a slow recovery in its fast-fashion business [1] Company Summary - ASOS is experiencing a decline in annual revenue, which is attributed to weak consumer demand [1] - The company is facing challenges in the recovery of its fast-fashion segment, impacting overall performance [1] Industry Summary - The online fashion retail industry is currently facing subdued consumer demand, which is affecting revenue projections for companies like ASOS [1] - The slow recovery in the fast-fashion business indicates broader challenges within the industry, potentially influencing market dynamics [1]