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Company News for Jun 30, 2026

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  • Shares of Iridium Communications Inc. ((IRDM - Free Report) ) soared 25.4% after Rocket Lab Corporation ((RKLB - Free Report) ) said that it would acquire the company and that the deal would bring together its launch services with Iridium’s satellite communications network. 
  • Charter Communications, Inc.’s ((CHTR - Free Report) ) shares surged 9.4% following a report that the company and SpaceX were in discussions about a consumer mobile phone product.
  • Shares of Verizon Communications Inc. ((VZ - Free Report) ) declined 5.3% after the company projected second-quarter losses of between $700 million and $800 million, after classifying the net assets of its international wireline connectivity business as held for sale.
  • Advanced Micro Devices, Inc.’s ((AMD - Free Report) ) shares gained 3.4% on the broader semiconductor rally. 

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