The Latest Breaking News from Rocket Lab

Shares of Rocket Lab Corp (NASDAQ:RKLB) are trading marginally higher Wednesday, staging a slight recovery from a sharp sell-off on Tuesday. The previous session’s decline was triggered by the announcement of a new at-the-market stock offering that could raise up to $750 million.

The stock market awaits a rate cut and Fed chief Powell. Nvidia fell on a reported China ban. Meta and Palantir are near buy points.

Space stocks have had a busy week with earnings, major deals and even a downgrade. 

Can we expect more gains from RKLB stock this year?

Google, Apple and Tesla propped up stocks Wednesday. Nvidia and Palantir hit resistance. Credo, Salesforce reported late.

Rocket Lab Corp (NASDAQ:RKLB) stock is trading lower Wednesday, despite a lack of company-specific news for the session. The decline follows a multi-day surge that was fueled by a series of positive announcements from the company.

Rocket Lab stock is retreating Wednesday in a base after a recent rally. The rocket launch company's losses are diminishing.

Rocket Lab's recent relative strength comes after a false breakdown attempt near $40, and several key catalysts, including the opening of Neutron's launch pad.

The private space race isn't just about who can launch rockets faster—it's about who can win Pentagon contracts. With growing geopolitical tensions and an arms race in space-based defense, Rocket Lab Corp (NASDAQ:RKLB) and Firefly Aerospace Inc (NASDAQ:FLY) are emerging as top contenders, each vying for a piece of a…