Investing.com stocks of the week

Rocket Lab shares surge on CHIPS Act funding, dual launch

Rivian, Spotify, CAVA Group rise premarket; Spirit Airlines slumps

US stock futures dipped as key inflation data approaches; notable movers include Rivian, Spotify, CAVA, Tesla, and Rocket Lab amid mixed earnings and recalls.

Rocket Lab stock shoots up 35% on solid Q3 revenue growth, first Neutron customer

Rocket Lab's Q3 revenue rose 55% to $104.8M, exceeding expectations, while net loss was $51.9M. Secured its first Neutron rocket launch contract, projected Q4 revenue aims for $125-$135M.

After-hours movers: Spotify, Rivian, CAVA Group and more

Spotify and CAVA saw significant gains, while ZoomInfo, Rocket Companies, and Instacart faced declines following after-hours earnings reports.

KeyBanc cuts ratings on aerospace stocks

KeyBanc downgraded ATI and Howmet Aerospace due to slowing orders and inventory build-up, though it remains optimistic about the aerospace aftermarket and space defense sectors.