Rocket Lab Drops on Launch Pushback; Riot Platforms' Anthropic Deal | Stock Movers
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On this episode of Stock Movers: - Anthropic PBC has struck a $9.1 billion deal with Riot Platforms (RIOT), a Bitcoin mining company that recently began selling AI data center capacity, people familiar with the matter said. Riot disclosed earlier on Monday that it had secured a 20-year deal to supply 191 megawatts of capacity — enough to energize roughly 143,000 homes at any given moment — from its Rockdale, Texas, campus to a “leading frontier AI” company. Riot declined to comment. Anthropic didn’t respond to a request for comment. Riot’s shares jumped 25% to $24.40 in late trading on news of the deal with Anthropic. - Rocket Lab (RKLB) shares drop as much as 5.7% after the company’s Neutron timeline softened, with a TD Cowen analyst saying that while Neutron remains on track to reach the launch pad in the fourth quarter, it could be another four to eight weeks before it actually launches - pushing an initial launch to 2027. - Trading in options of Babcock & Wilcox Enterprises (BW
Tags: Alexis Christoforous, Blockchain, Economy, Investing, On Holding, Paul Sweeney, Riot Blockchain, Rocket Lab, Rockets, Shoes, Stock Movers, Tom Keene, apparel, consumer, cryptocurrency, earnings, investment, space, stocks, technology
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