Why Rocket Lab Stock Dropped Today

Rocket Lab (NASDAQ: RKLB) closed Monday higher, but it didn't last. Shares of the small rocket maker tumbled 11% through 10:45 a.m ET this morning despite encouraging words from Cantor Fitzgerald, which reiterated its "overweight" rating on the rocket stock in a mid

Hesai Shares Slump Amid Q1 Margin Decline

Shares of Hesai Group (HSAI) fell about 9% on Tuesday after the LiDAR maker posted higher revenue and record shipments but reported weaker gross margins and a smaller-than-expected improvement in profitability. The autonomous driving supplier reported first-quarter revenue