Rocket Lab-Iridium deal puts cash-flow satellites in focus for space stocks in June 2026

Space and satellite stocks faced a tougher test this Monday than the SpaceX-driven rally that kicked off June, as investors started to focus on networks and contracts over just launch schedules. Rocket Lab Corporation said it will buy Iridium Communications Inc. in a deal valued at about $8 billion. The deal brings Rocket Lab access to L-band spectrum, over 2.55 million subscribers and $495 million in 2025 operational EBITDA to fold into its launch and spacecraft operations.

NASDAQ:ASTS · NASDAQ:IRDM · NASDAQ:LUNR · NASDAQ:RKLB · NASDAQ:SPCX · NASDAQ:VSAT · NYSE:PL · NYSE:RDW · Space Industry · Stock Market
Nasdaq bounce hides thin megacap recovery as US stocks end

Nasdaq bounce hides thin megacap recovery as US stocks end

U.S. stocks climbed Monday, but the close didn’t fully back up the day’s upbeat numbers. The Nasdaq led gains, S&P 500 rose over 1%, and the Dow crossed 52,000. Even so, there weren’t many fresh highs and breadth stayed moderate. The move seemed more about big-cap names bouncing than a real broad rally heading into the end of the quarter.
29 June 2026
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Nasdaq futures bounce ahead of open; tech protection costs remain elevated

Nasdaq futures bounce ahead of open; tech protection costs remain elevated

U.S. stock index futures moved higher early Monday, with the main read coming from a rally gap. Nasdaq 100 futures climbed 1.12% to 29,696.00. S&P 500 futures added 0.74%. Dow futures gained 0.36%, according to Markets Insider at about 4:52 a.m. ET. Nasdaq’s premarket trading runs from 4:00 a.m. to 9:30 a.m. ET, with regular hours from 9:30 a.m. to 4:00 p.m. ET. Markets will be closed July 3 for the Independence Day holiday.
29 June 2026
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EchoStar (ECHO) reset pulls attention to AT&T cash and SpaceX index moves

EchoStar (ECHO) reset pulls attention to AT&T cash and SpaceX index moves

EchoStar Corporation added 1.7% to $98.84 early Friday on Nasdaq, taking back some of the ground lost after changing its ticker from SATS. The stock had ended June 23 at $103.92, its last full day as SATS, then dropped to $97.19 by June 25, off 6.5% after two sessions as ECHO. Trading volumes reached 8.74 million shares June 24 and 8.71 million June 25, both lower than the 11.74 million traded June 23.
26 June 2026
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US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

US futures edge lower ahead of Russell index reshuffle as chip stocks see selling

U.S. stock index futures slipped Friday, giving up ground as chip names pulled back after Thursday’s Micron-driven rally. Investors are waiting for the close, with Russell index rebalancing expected to force funds to adjust positions, which may provide a clearer read on the session.
26 June 2026
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NASDAQ: SPCX’s Thin Float Faces Its First Real Test—Why Anthropic and OpenAI Are Watching

NASDAQ: SPCX’s Thin Float Faces Its First Real Test—Why Anthropic and OpenAI Are Watching

SpaceX traded at $178.35 at 5:13 a.m. EDT Monday, down 3.59% from Thursday’s close and extending a two-session retreat. The market-structure explanation is more compelling than a fresh operating trigger: investors are repricing the scarcity premium embedded in its record IPO before a key index review. The stock is 21.0% below Tuesday’s $225.64 intraday high but still 32.1% above its $135 offer price. That reversal is Wall Street’s first live test of whether a mega-cap issuer can float less than 5% of its implied equity, create benchmark demand and preserve orderly price discovery—the setup Anthropic and OpenAI may try to replicate.
22 June 2026
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SPCX Faces Pressure With SpaceX’s $60 Billion AI Push Straining Valuation

SpaceX stock slipped ahead of Monday’s U.S. open as traders cashed out gains from the record IPO and priced in the $60 billion Cursor deal. The most recent quote for Space Exploration Technologies Corp. was $185.00, down $6.64 or about 3.46% as of 04:06 EDT. Google Finance’s regular-session close on Thursday also showed $185.00, a drop of $6.82 or 3.56%. At $185, the shares are still 37.0% up from the $135 IPO price, but sit 18.0% below the $225.64 high.
22 June 2026
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US Stock Market Today Updates

AI PORTFOLIO

Top Stock Picks

Today’s highest-ranked model selections.

#1 Strong buy

Alphabet

NASDAQ:GOOGL 92/100 • ★★★★½
#2 Strong buy

Taiwan Semiconductor Manufacturing

NYSE:TSM 89/100 • ★★★★½
#3 Buy

S&P Global

NYSE:SPGI 88/100 • ★★★★
#4 Buy on weakness

Amazon

NASDAQ:AMZN 86/100 • ★★★★
#5 Buy on weakness

Microsoft

NASDAQ:MSFT 84/100 • ★★★★
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MARKET CALENDAR

Key Events Today

The catalysts most likely to move markets.

#1

Chicago Fed National Activity Index

A surprise around the 0.10 forecast could shift the morning growth narrative and influence Treasury yields and the dollar before the opening bell.

#2

PDD Holdings earnings

The day’s largest scheduled equity report can move PDD and the broader China-internet / e-commerce complex through revenue growth, margins and Temu commentary.

#3

XPeng earnings

Deliveries, margin progression and spending on AI-enabled mobility can affect U.S.-traded Chinese EV names and related technology suppliers.

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Times and estimates may change. Verify before trading.