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ARK Space Exploration & Innovation ETF
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Archer Aviation Inc - Joby Aero Files Complaint Against Archer Aviation - SEC Filing

Archer Aviation Inc :ARCHER AVIATION INC - JOBY AERO FILES COMPLAINT AGAINST ARCHER AVIATION - SEC FILINGARCHER AVIATION INC - CLAIMS INCLUDE TRADE-SECRET MISAPPROPRIATION AND BREACH OF CONTRACT - SEC FILING

Reuters·
US
JOBY
+0.23%
US
ACHR
+4.51%
Reuters·
US
JOBY
+0.23%
US
ACHR
+4.51%

Why Rocket Lab's Stock (RKLB) Slide is a Wake Up Call for Market Bulls

Rocket Lab Corp. (RKLB) has seen its stock price drop significantly, losing half its market value in recent months. This decline is attributed to increased capital expenditures and delays in the launch of its first Neutron rocket.

Tip Ranks·
US
RKLB
+2.08%
Tip Ranks·
US
RKLB
+2.08%

Trimble Inc. Stock Outperforms Competitors On Strong Trading Day

Trimble Inc. (TRMB) shares rose 2.95% to $77.03 on Friday, outperforming competitors during a positive trading session. The S&P 500 Index increased by 0.98% and the Dow Jones Industrial Average by 1.08%. Trimble's stock remains 11.97% below its 52-week high of $87.50. Competitors' performance: Deere & Co. (DE) up 2.29%, Palantir Technologies Inc. (PLTR) down 0.57%, Rockwell Automation Inc. (ROK) up 2.72%. Trading volume was slightly below the 50-day average. Data source: Dow Jones Market Data, FactSet.

Dow Jones·
US
TRMB
+2.95%
Dow Jones·
US
TRMB
+2.95%

Joby Sues Archer Aviation Over Trade-Secret Misappropriation

Joby Aero has filed a lawsuit against Archer Aviation in California, alleging trade-secret misappropriation and breach of contract related to Archer's hiring of a former Joby employee. Archer disputes the claims and plans to defend itself in court.

Reuters·
US
ACHR
+4.51%
US
JOBY
+0.23%
Reuters·
US
ACHR
+4.51%
US
JOBY
+0.23%

US Equity Indexes Fall This Week as AI CapEx, Circular Funding Concerns Offset Nvidia Results, Fed Boost

US equity indexes fell this week due to concerns over AI CapEx and circular funding, despite Nvidia's strong results and potential Fed rate cut. S&P 500, Nasdaq, and Dow Jones all declined. Oracle's stock dropped amid AI expenditure risks, while Palantir's high valuation led to a share decrease. Fed rate cut likelihood increased to 70%.

fidelity·
US
PLTR
-0.57%
US
ORCL
-5.66%
fidelity·
US
PLTR
-0.57%
US
ORCL
-5.66%
Posts
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CATHIE WOOD: AI REDUCES NEED FOR HIRING AT ARK

Ark Invest’s Cathie Wood said AI lets the firm run leaner, cutting back on new hires. She cited Elon Musk’s philosophy that additions require a strong cas...

ARK'S CATHIE WOOD: SPACEX COULD BE WORTH $2.5 TRILLION BY 2030

ARK Invest estimates SpaceX’s value could grow from $350 billion today to $2.5 trillion by 2030, driven mainly by Starlink and Starshield.............