Rocket Lab Jumps, Comcast Soars on Split, Concentrix Sinks

Rocket Lab Jumps, Comcast Soars on Split, Concentrix Sinks

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Rocket Lab (RKLB) shares are up 16% after the space company announced a definitive agreement to acquire Iridium for $54 per share in cash and stock. The transaction combines Rocket Lab’s launch capabilities and satellite manufacturing with Iridium’s global satellite communications network. -Comcast (CMCSA) shares rise 25% in premarket trading after the company announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. - Concentrix (CNVC) shares tumble 25% postmarket after the software company slashed its full-year outlook. The firm also forecast reported revenue and adjusted earnings per share for the third quarter that fell short of Wall Street’s expectations. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Closing Bell: Rocket Lab Soars, Super Micro Sinks, Verizon Falls

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Katie Griefeld, Carol Massar and Tim Stenovec - Rocket Lab (RKLB) shares are up 16% after the space company announced a definitive agreement to acquire Iridium for $54 per share in cash and stock. The transaction combines Rocket Lab’s launch capabilities and satellite manufacturing with Iridium’s global satellite communications network. - Super Micro Computer (SMCI) shares took a nose dive Monday afternoon after Bloomberg reported that Taiwanese authorities raided the company’s local offices. The raid was part of a widening probe into alleged diversion of Nvidia AI chips to China, adding fresh regulatory overhang to a stock that has already been whipsawed by enforcement headlines this year - Verizon Communications (VZ) recorded an estimated loss in the range of $700 million to $800 million in the second quarter of 2026 in connection with classifying net assets of its international wireline connectivity business as held for sale. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Strategy Jumps on Buyback Program, Comcast Rises, Roblox Soars

Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Strategy (MSTR) shares rise 6.3% in premarket trading after the Bitcoin treasury company announced an up to $1 billion preferred stock repurchase program and up to $1 billion common stock repurchase program, which may be funded through Bitcoin sales. -Comcast (CMCSA) shares rise 25% in premarket trading after the company announced its intention to separate into two independent publicly traded companies through a tax-free spin-off of NBCUniversal and Sky. - Roblox (RBLX) shares are surging Monday after Arete Research reportedly upgraded Roblox from Neutral to Buy, raising its price target from $75 to $95. Investors are also continuing to weigh child safety risks tied to a new state lawsuit. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Verizon Moves Higher, Comcast Declines, Delek US Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Comcast Corp. (CMCSA) move higher after the company said it plans to separate its media businesses from its cable-TV and internet operations, spinning off NBCUniversal and Sky into a new publicly traded company in a bid to increase value. Comcast shareholders will have stakes in both companies, the company said in a statement on Monday. The separation is expected to take place in a year, and requires board and regulatory approvals. - Shares of Verizon Communications Inc. (VZ) fell early Monday after the company projected a second-quarter loss of between $700 million and $800 million after striking a deal with UK’s BT Group Plc to create a joint venture for their international businesses. Verizon is classifying the businesses it’s contributing to the joint venture as assets and liabilities held for sale, resulting in the estimated loss, the company said in a regulatory filing on Monday. - Shares of Delek US Holdings (DK) rose by the most in two months after the stock was upgraded to Buy to Hold at TD Cowen. See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

Comcast to Spin Off NBCUniversal; Rocket Lab to But Iridium; Chip Stocks Rebound

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Comcast Corp. (CMCSA) move higher after the company said it plans to separate its media businesses from its cable-TV and internet operations, spinning off NBCUniversal and Sky into a new publicly traded company in a bid to increase value. Comcast shareholders will have stakes in both companies, the company said in a statement on Monday. The separation is expected to take place in a year, and requires board and regulatory approvals - Shares of Rocket Lab (RKLB) rallied after the company announced an agreement to acquire Iridium Communications (IRDM), a pioneer in satellite telephones, for $54 a share in a cash-and-stock transaction as smaller players in the orbital economy try to catch up with market leader SpaceX. - Chip stocks are rebounding following a 5.3% decline in the Philadelphia Semiconductor Index on Friday, with equipment stocks leading gains after South Korea’s Samsung and SK Hynix set out plans to build two chipmaking plants See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.