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Pfizer Gains, CoreWeave Climbs, Firefly Aerospace Plunges on Rocket Explosion

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Manage episode 509345170 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:

- Pfizer (PFE) is the second biggest gainer in the S&P today. Shares rise after the Washington Post reported that President Donald Trump will announce an agreement with the drugmaker to voluntarily sell its medications through Medicaid at lower prices.

- CoreWeave (CRWV) shares are up as much as 16% today, after the cloud-computing provider signed a deal to supply Meta Platforms with as much as $14.2 billion worth of computing power. The deal runs through December 2031 with an option to extend through 2032 with additional capacity, and helps diversify CoreWeave’s business away from Microsoft.

- Firefly Aerospace (FLY) plunged as much as 25% after a core segment of one of the company’s rockets exploded on a test stand. The event resulted in a complete loss of Firefly’s Alpha Flight 7 first stage, making the company's plans to launch two of its Alpha rockets before the end of the year unlikely.

See omnystudio.com/listener for privacy information.

  continue reading

987 episodes

Artwork
iconShare
 
Manage episode 509345170 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

On this episode of Stock Movers:

- Pfizer (PFE) is the second biggest gainer in the S&P today. Shares rise after the Washington Post reported that President Donald Trump will announce an agreement with the drugmaker to voluntarily sell its medications through Medicaid at lower prices.

- CoreWeave (CRWV) shares are up as much as 16% today, after the cloud-computing provider signed a deal to supply Meta Platforms with as much as $14.2 billion worth of computing power. The deal runs through December 2031 with an option to extend through 2032 with additional capacity, and helps diversify CoreWeave’s business away from Microsoft.

- Firefly Aerospace (FLY) plunged as much as 25% after a core segment of one of the company’s rockets exploded on a test stand. The event resulted in a complete loss of Firefly’s Alpha Flight 7 first stage, making the company's plans to launch two of its Alpha rockets before the end of the year unlikely.

See omnystudio.com/listener for privacy information.

  continue reading

987 episodes

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