Salman Akhtar

2 weeks ago | abbonews.com | Salman Akhtar

Shares of Intuitive Machines (NASDAQ: LUNR) surged over 15% on Wednesday following a vote of confidence from Cantor Fitzgerald, which reiterated its Overweight rating and maintained a price target of $13.00. The renewed support from analysts comes on the heels of a challenging development for the space technology company.

2 weeks ago | abbonews.com | Salman Akhtar

Shares of Intuitive Machines (NASDAQ: LUNR) rose 2% in pre-market trading Wednesday after the company announced it has selected SpaceX’s Falcon 9 rocket for its fourth lunar delivery mission. The mission, known as IM-4, is scheduled for 2027. It aims to support NASA’s Near Space Network Services (NSNS) contract by launching two lunar data relay satellites from Florida. These satellites will serve NASA’s communication needs while offering potential services to commercial and government customers.

2 weeks ago | abbonews.com | Salman Akhtar

Shares of AMC Entertainment (NYSE: AMC) and Cinemark (NYSE: CNK) saw notable gains following a highly successful weekend at the box office, driven by the strong performance of A Minecraft Movie. AMC stock jumped 4.17%, while Cinemark gained 2.84%. Both companies reported record-breaking results over the weekend. AMC achieved its most successful weekend of 2025 and its second-largest weekend in April since 2019.

2 weeks ago | abbonews.com | Salman Akhtar

Palantir Technologies (NASDAQ: PLTR) shares tumbled more than 7% in pre-market trading Monday after two company executives disclosed stock sales totaling close to $9.8 million, according to recent SEC filings. Alexander D. Moore, a director at Palantir, sold 20,000 shares of the company’s Class A Common Stock on April 1, 2025. The sales were executed at prices between $82.726 and $85.185 per share, generating proceeds of about $1.68 million.

Sep 18, 2024 | mdpi.com | Abdullah M Alrashdi |Salman Akhtar |Ayman Altuwaim |Abdulrahman Bin Mahmoud

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