After a long holiday weekend, shares of U.S. space stocks took off like rockets on Tuesday. As of 1:20 p.m. ET, AST SpaceMobile (NASDAQ: ASTS) had gained 6.3% and seemed poised to resume its winning streak. Rocket Lab USA (NASDAQ: RKLB) wasn’t far behind, up 5.6% after announcing a successful weekend rocket launch. Best of […]
Tag: Rocketed
Why Solar Stocks First Solar, SunPower, and Sunnova Rocketed Higher Today
Shares of solar-related stocks First Solar (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), and Sunnova Energy (NYSE: NOVA) were rocketing higher today, appreciating 18%, 17.4%, and 12.6%, respectively, as of 2:08 p.m. EDT. First Solar received a positive analyst upgrade late yesterday and was up 8% or so on Tuesday before its renewed surge today. However, it […]
Why Tesla Stock Rocketed Higher Today
Tesla (NASDAQ: TSLA) stock may be coming off its best week since last January, but investors aren’t taking profits today. Shares of the electric-vehicle (EV) leader soared higher Monday after news over the weekend that CEO Elon Musk made a surprise — and productive — trip to China. Tesla shares jumped after it was reported […]
Why PureStorage Stock Rocketed 25% Higher Today
PureStorage (NYSE: PSTG) was a standout on the stock market Thursday. The niche tech stock saw its price leap 25% higher, on the back of a strong quarterly earnings report. With its gain, PureStorage sailed well past the S&P 500 index, which rose by 0.5% on the day. A dip in headline figures, yet a […]
Why Kratos Defense & Security Stock Rocketed Higher Today
Kratos Defense & Security (NASDAQ: KTOS) beat expectations in the quarter, predicted stronger-than-expected top-line growth for 2024, and announced a significant new government contract. Investors are soaking in the good news, sending Kratos shares up 17% at the open on Wednesday. Quarterly results were on target Kratos is a second-tier defense contractor with a significant […]
This Magnificent Warren Buffett Stock Has Rocketed Up Over 80% and Could Keep Climbing, According to Wall Street
At the end of last September, Warren Buffett’s holding company Berkshire Hathaway controlled an even 10 million shares of Amazon (NASDAQ: AMZN). It isn’t a top holding, but at a recent value of around $1.6 billion, it’s more than just pocket change. Buffett probably wishes he had acquired more shares of Amazon when it dipped […]
Why Super Micro Computer Stock Rocketed to New Highs This Week
Week to date, shares of Super Micro Computer (NASDAQ: SMCI) were up 23% through Thursday’s market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers. Despite the stock’s massive run […]
The Semiconductor Sector Rocketed 73% Higher in 2023, But These 3 Players Still Look Like Bargains
To say that 2023 was a good year for semiconductor stocks is an understatement. The sector, at least as defined by the VanEck Semiconductor ETF (NASDAQ: SMH), rocketed 73.4% in 2023! So if you had shied away from this volatile yet important part of the market, you likely missed out on some of the biggest […]